First Independent Mena Newspaper
Morocco’s household consumption patterns reveal stark regional disparities, with five regions accounting for 74 percent of the nation’s total consumer spending in 2023, according to data released Tuesday by the High Commission for Planning (HCP). The concentration underscores persistent economic imbalances despite ongoing development initiatives. Casablanca-Settat leads overwhelmingly with 25 percent of national household final […]
The long-discussed undersea tunnel that would link Morocco and Spain across the Strait of Gibraltar has gained fresh momentum following the signing of new contracts aimed at reviving the ambitious infrastructure project. Spain’s Ministry of Transport has commissioned public company EniCo to conduct a comprehensive financial feasibility study, backed by €350,000 in funding from the […]
Tianyouwei, a Chinese producer of automotive instrument panels and smart cockpit solutions, has decided to invest $76 million in its new production site in Morocco. The new plant will produce electronic dashboards and all in-vehicle electronic components destined for the European market. The Chinese company said the establishment of a manufacturing site in Morocco represents […]
Abdellatif Jouahri, Governor of Bank Al-Maghrib, has been named in the list of the world’s top central bank governors in the 2025 edition of Global Finance magazine’s annual Central Banker Report Cards. Jouahri earned an “A” rating -the highest possible distinction- recognizing his continued excellence in steering Morocco’s monetary policy through complex global and domestic […]
German leisure airline Eurowings, a subsidiary of the Lufthansa Group, will expand its operations in Morocco with the launch of four new direct routes to Marrakech for the upcoming winter season. The new connections will link the Moroccan tourist hub, better known as the Red City, to Hanover, Salzburg, Stuttgart, and Prague, with flights commencing […]
Morocco’s ambitious stadium modernization program reaches a crucial milestone as the Grand Stadium of Tangier approaches its late September completion deadline, according to project architect Anouar Amraoui. The $360 million renovation transforms the venue into a 75,000-seat football-dedicated facility, eliminating the athletics track to create an intimate spectator experience meeting FIFA World Cup standards, Amraoui […]
Morocco’s air operational services have been boosted with the opening by German leader TCE of its first African office at Casablanca Mohammed V Airport (CMN). “Morocco is a natural choice for our African debut. Its strategic location connecting Africa, Europe, and the Middle East, combined with modern logistics infrastructure and a dynamic export market, make […]
After having organized summer camps for dozens of Maqdessi children in Morocco, Bayt Mal Al-Quds Acharif Agency has donated school backpacks to Palestinian students bringing back smile to them on the occasion of the start of the new school year. The operation of distribution of school backpacks was launched Sunday in the village of Nabi […]
Moroccan motorists received welcome relief Monday, September 1, as fuel prices declined for the second time in two weeks, with diesel falling below the psychologically significant 11-dirham threshold. Gasoline prices decreased by 16 cents per liter while diesel recorded a more substantial 30-cent reduction, offering respite to consumers amid economic pressures. A morning survey conducted […]
Nobody knows so far whether Algerian President Abdelmajid Tebboune is dead, ill or sequestered. But one thing is certain: he disappeared from public view for several weeks, while French daily Le Monde deploys a diversionary tactic to draw away the attention from what is taking place in Algeria. Since August 4, 2025, the 80-year old […]