First Independent Mena Newspaper
The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]
Tunisia President Kais Saied will carry out after July 25 a major Cabinet overhaul and will tap into domestic skills, Mahmoud Ben Mabrouk, member of July 25 movement – ally of the leader has revealed. July 25 movement also known as National Youth Movement of Tunisia, supports Saied and his July 25, 2021 actions during […]
The Arab parliament has urged Morocco to make available its experience and know-how in the automobile industry to other Arab countries so the latter can set up robust automobile industries, Le360.ma reports. The call came Tuesday from members of the Committee of the Arab Parliament in charge of scientific research, innovation and digital during a […]
Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and Development (EBRD). In its latest Regional Economic Prospects (REP) report, the Bank’s analysts explained the projected Moroccan economic growth by the anticipated agricultural recovery, moderate inflation and the country’s removal […]
The trade deficit in Tunisia widened by record 56% in the first semester of 2022, reaching 8.1% of GDP, while the budget deficit, exacerbated by mounting energy and food subsidies, is expected to reach 9.1% in 2022, compared to 7.4% in 2021, according to the World Bank’s latest report. Inflation in this country rose from […]
The Moroccan regions of Casablanca-Settat, Rabat-Salé-Kénitra and Tanger-Tétouan-Al Hoceima accounted for 58.2 % of Morocco’s GDP in 2016, Morocco’s statistics authority, HCP, said. Four other regions accounted for 30.1% of overall GDP with Fez-Meknes taking 9%, Marrakech-Safi 8.8%, Souss-Massa (6,7%) and Beni Mellal Khenifra (5.6%). The three regions represented 32%, 16% and 10,2% respectively. Such […]
Despite the confusions created by the terrorist attacks on France and the widespread turmoil in the wider North African region, a survey conducted by Kayak, a travel search engine, showed that Morocco maintains its place as the most popular overseas travel destination for French tourists. Morocco maintains its popularity among French tourists coming ahead of […]
Over 2,000 delegates are expected to attend “Tunisia 2020” forum Tuesday dedicated to drum up investments to the North African country unable to fulfil hopes of millions of youth who spearheaded the 2011 democratic revolution. France and Qatar are the main backers of the initiative expected to the attract $30 billion to cover 142 projects. […]
Morocco, host country of the 22nd UN climate conference, has launched Adaptation of African Agriculture (AAA) initiative which seeks to restore African ecosystem balance and enable countries of the continent to have access to climate funds. This initiative focuses on strengthening the financing capacities of African farmers, via the micro-credit generalization to small farmers, meso-credit […]
International credit rating agency, Fitch Ratings, highlighted Morocco’s stable and predictable economic policies, which are propitious for attracting investments and improving public finances by boosting growth and narrowing the budget deficit while withering external financial shocks. “GDP growth will recover to above 3% in 2017,” Fitch Ratings said in an analysis on its website in […]