First Independent Mena Newspaper
Holmarcom Finance Company has agreed to acquire the 67% controlling stake held by BNP Paribas in Moroccan lender Banque Marocaine pour le Commerce et l’Industrie (BMCI), the two groups said on April 29. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals in Morocco, including from Bank Al‑Maghrib […]
The United States reaffirmed, on Wednesday, its “recognition of Morocco’s sovereignty over the Sahara.” “The United States recognizes Morocco’s sovereignty over the Sahara,” said the U.S. Deputy Secretary of State, Christopher Landau, during a press briefing following a meeting in Rabat with the Minister of Foreign Affairs, Nasser Bourita. “We are trying in the framework […]
Moroccan Foreign Minister Nasser Bourita on April 29 denounced recent deadly attacks in Mali and warned of the growing alliance between separatist movements and terrorist groups, a nexus he said that poses a serious threat to stability across the Sahel. Speaking after bilateral talks in Rabat with U.S. Deputy Secretary of State Christopher Landau, Bourita […]
U.S. Republican Senator Roger Marshall has introduced a bill seeking to eliminate tariffs and countervailing duties (CVDs) on phosphate fertilizer imports from Morocco, delivering direct relief to American farmers crushed by rising input costs. If adopted, the “Lowering Input Costs for American Farmers Act” will lower the cost of fertilizer for American farmers by over […]
The World Bank has identified four priority sectors that could help Morocco unlock private investment, boost exports and decarbonize its economy, offering a concrete roadmap to address the country’s persistent investment gap. In its analysis, the World Bank highlights decentralized solar energy, low‑carbon textiles, value‑added argan products and marine aquaculture as key drivers capable of […]
Morocco will continue providing direct and exceptional financial support to professionals in the goods and passenger transport sectors to shield the domestic economy from the fallout of geopolitical tensions in the Middle East, the prime minister’s office said. The decision was taken following a ministerial meeting tasked with monitoring the impact of regional instability on […]
Morocco’s capital city Rabat has been designated as the host country for the 77th FIFA Congress, scheduled for 2027. The designation was confirmed by multiple concordant sources ahead of the formal announcement by the 76th Congress currently held in Vancouver, Canada, on Thursday April 30. The 2027 edition will be an electoral congress — the […]
The 16th edition of Morocco’s national competition for the selection of the best extra virgin olive oil, held in the margins of SIAM 2026 in Meknès, awarded prizes to twelve oils drawn from three regions, recognizing the country’s growing capacity to produce world-class quality olive oil across a diverse range of organoleptic profiles. The competition, […]
Canada said on April 28 it supports Morocco’s autonomy plan for Western Sahara as the basis for a mutually acceptable political solution, a move that could mark a turning point in bilateral relations that have faced strain in recent months. The position was set out in a statement by Global Affairs Canada after Foreign Minister […]
Republican congressman Tim Moore (North Carolina) has joined the list of U.S. lawmakers pushing for the designation of Polisario as a Foreign Terrorist Organization (FTO) with the emerging of evidences confirming the participation of the Algeria-backed armed militias in the deadly terrorist attacks launched against Mali. The FTO bill was introduced in the House of […]