First Independent Mena Newspaper
Morocco underscored the growing economic importance of migrant remittances, with policymakers and development partners calling for stronger financial inclusion and greater use of the funds for investment and job creation. Transfers from Moroccans abroad reached about 122 billion dirhams ($13 billion) in 2025, equivalent to roughly 8% of GDP in recent years, official data show, […]
A 20% rise in global oil prices could shave 1.6% off Morocco’s GDP and put more than 5% of its workforce at risk, highlighting the country’s exposure to energy shocks linked to tensions around the Strait of Hormuz, according to a report by the Policy Center for the New South (PCNS). The Moroccan think tank […]
Morocco’s OCP Group has decided to restore its fertilizer production to 100 percent of capacity by the end of June 2026, reversing a managed reduction of around 30 percent that the group implemented in response to a severe global sulphur supply crisis. The decision, confirmed to Médias24 in an exclusive interview with three senior OCP […]
Libya’s National Oil Corporation (NOC) has signed on Wednesday, June 10, a unified operating agreement with international partners aimed at improving efficiency and coordination in the (I/R) field within the Murzuq Basin in southwestern Libya. The agreement involves partners in concessions NC115 and NC186, including Akakus Oil Operations, TotalEnergies, Repsol, Equinor and OMV. It seeks […]
Morocco’s leading communications agency, Saga Communication, has announced a strategic alliance with No Com, an international advisory firm operating out of Paris, Madrid, Barcelona, and Mexico City, reports le360 media platform. The partnership launches a first-of-its-kind integrated offering entirely dedicated to sports organizations and their commercial partners, responding directly to the structural transformation taking place […]
Chinese Construction Company Sinoma CBMI has opened a new office in Casablanca, Morocco, expanding its footprint in North Africa and strengthening local support for infrastructure and industrial projects. The new office will serve as a regional hub for project management, technical services, and business development, focusing on cement plant construction, engineering procurement and construction (EPC) […]
Sixty-five state and national groups, including the National Corn Growers Association, have called again on U.S. authorities to lift countervailing duties placed on phosphate fertilizers imported from Morocco to ease the pain felt by farmers as fertilizers prices reach new highs. In a letter sent lately to Commerce Secretary Howard Lutnick, the American agricultural groups […]
Moroccan Hussein Amouta has been reportedly named new Head coach of Egyptian club AlAhly. The Moroccan coach is expected to rebuild the club’s tactical balance and pursue domestic and continental honors after recent transitional seasons. Amouta, 57, is known for his tactical adaptability, youth development, winning mentality, regional experience, ability to unite mixed squads of […]
The June 2026 Economic Outlook, published by the Organization for Economic Cooperation and Development (OECD) under the title “Under Pressure”, projects Moroccan GDP growth to reach 5 percent in 2026 — the strongest performance in several years — following 4.6 percent in 2025, before a moderation to 3.9 percent in 2027. Two forces are driving […]
L’Agence Nationale du Soutien Social has published its first annual activity report, covering the year 2025 and drawing on cumulative data since the program’s launch in December 2023. Since its inception, the scheme has supported 3.9 million households, encompassing 5.5 million children and 1.7 million elderly people. Total disbursements to beneficiary families from launch through […]