First Independent Mena Newspaper
Morocco’s government has adopted a new legislation enhancing Regional Investment Centers (CRI) capabilities, integrating support systems for small and medium enterprises into their core missions as part of comprehensive investment framework reforms. The legislation also provides for the creation of Unified Regional Investment Commissions (CRUI). The reform text specifically incorporates management and approval of special […]
CEO of Royal Air Maroc Hamid Addou has publicly criticized Boeing for chronic delivery delays even as the carrier is negotiating a massive 74-aircraft order, highlighting tensions in the airline’s ambitious expansion plans worth $25 billion through 2037. In an interview with CNN, Addou expressed frustration over Boeing’s delivery performance, with some orders running 15-18 […]
South Korean tech giant Naver which has announced plans to build a massive AI-focused data center in Morocco, said the project will be carried out in partnership with Nvidia, Taqa Morocco, Nexus Core Systems, and Lloyds Capital. The announcement was made during the VivaTech 2025 conference in Paris. The project, which will be powered entirely […]
Morocco is planning to add 13 desalination plants before 2030, adding to existing 17 ones, with the aim to have a production capacity of 1.7 billion m3, water and equipment minister Nizar Baraka said. Desalination together with dams and waterways are all projects launched by Morocco under a $12 bln program to ensure steady water […]
Morocco’s budget deficit widened to 22.9 billion dirhams ($2.3 billion) at the end of May 2025, up from 11.2 billion dirhams a year earlier, the treasury said. The deficit was however offset by a positive balance of 14.1 billion dirhams from special treasury accounts and autonomously managed state services. Total ordinary revenues rose 19.6% year-on-year […]
Al Akhawayn University in Ifrane aims to spearhead Morocco’s digital and cybersecurity skills development, building on its successful completion of a government contract to train 10,000 engineers, university officials announced at a Bank Al-Maghrib press conference in Rabat. Bank Al-Maghrib Governor Abdellatif Jouahri, who serves on the university’s Board of Directors, praised the institution’s achievements […]
The leading American EV manufacturer Tesla has set foot in the nascent Moroccan electric cars market with the establishment of a subsidiary in Casablanca. Besides setting up dealerships, Tesla Morocco is tasked with importing, sales’ operations, and servicing of electric vehicles. The subsidiary’s mission also includes the expansion of the network of charging stations across […]
Chinese group Tinci Materials Technology willis preparing to set up a factory in Jorf Lasfar dedicated to the production of electrolytes and raw materials for electric batteries. This industrial project, with an estimated investment of $280 million (nearly 2.8 billion dirhams), will have an annual production capacity of 150,000 tons of finished products for the […]
Data centers are burgeoning in Morocco and show no sign of slowing, especially in today’s technology-driven world. The country is becoming a popular location for hosting data centers of leading IT companies due to its geostrategic position, pro-business environment, renewable energy sources, cost-effective real estate, access to a skilled workforce and a favorable tax climate. […]
Morocco is a vital partner of UK in the fight against terrorism and people trafficking. The North African Kingdom is also a reliable and resourceful ally, said Labor MP Fabian Hamilton in an Op-Ed published Friday in news website “Politics.co.uk”. Rabat and London have already strong ties. A million British tourists are expected to visit […]