First Independent Mena Newspaper
Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]
Hamburg’s supreme court has agreed to extradite Mohamed Boudrika, former president of Raja Casablanca football club, who is wanted in Morocco on charges including embezzlement and fraud. Boudrika was arrested last July in Hamburg following an arrest warrant filed by Morocco. He will face trial in Morocco for financial crime accusations. A court in Casablanca […]
Morocco highlighted, on Tuesday before the African Union’s Peace and Security Council (AU-PSC), the urgent need to support countries in political transition to accelerate their return to the pan-African organization. During informal consultations with Burkina Faso, Gabon, Guinea, Mali, Niger, and Sudan, convened by the Kingdom as AU PSC chair for the month of March, […]
Morocco and Cameroon signed a military cooperation agreement, aiming to bolster defense ties through training, joint exercises, military health services, and technical assistance. The deal was signed in Rabat on Tuesday during a meeting between Morocco’s Minister in charge of National Defense Administration, Abdeltif Loudyi, and Minister Delegate to Cameroon’s Presidency, in charge of Defense, […]
King Mohammed VI has sent a message of congratulations to Moroccan boxer Widad Bertal, who was crowned world champion in the 52-54 kg category at the Serbia 2025 Women’s World Boxing Championships. In the message, the King extends his warmest congratulations to the world champion for this achievement, recognizing it as a testament to her […]
The International Monetary Fund greenlighted on Tuesday the release of $496 million for Morocco under a Resilience and Sustainability Facility (RSF) to help the north African country address climate challenges. The new funding brings the total disbursement of the IMF under the RSF to about $1.24 billion. The IMF had approved a $1.32 billion loan […]
Several Sahrawi civil society activists have denounced human rights violations and the systematic repression of dissenting voices by the polisario in the Tindouf camps, southwest Algeria. Taking the floor during the 58th session of the Human Rights Council (HRC) in Geneva, under agenda item 3 of the general debate, the Sahrawi activists called on the […]
Moroccan Minister of digital transition and administration reform Amal El Fallah Seghrouchni has conferred in Washington with American officials on cooperation prospects in digital transformation and artificial intelligence on the sidelines of Global Digital Summit taking place at the World Bank Headquarters (March 17-20). On Monday, the minister was received at the State Department by […]
Two key sources of Morocco’s inflow of hard currency, remittances from Moroccans abroad and tourism receipts are heading towards another record in 2026 at 123 billion dirhams ($12.8 bln) and 125 billion dirhams ($13 bln) respectively, the central bank said. This improvement would help offset the deepening trade deficit due to higher imports of equipment […]
With a landslide majority vote, the Peruvian government passed a motion urging the country’s government to back Morocco’s autonomy initiative, which has gathered momentum in recent years rallying global powers as well as African and Arab support. The motion urged the Peruvian foreign ministry to act globally in favor of this initiative to find a […]