First Independent Mena Newspaper
Morocco has established itself as a major automotive manufacturing hub, with French newspaper “Le Dauphiné libéré” describing the North African country as “the new Eldorado” for automakers. The automotive sector has become a pillar of Morocco’s economy and its leading export industry. Renault leads French investment in Morocco, operating the world’s largest Renault factory in […]
Morocco and Slovakia have discussed at a meeting in Rabat Thursday ways of strengthening their cooperation in the defense industry. The meeting gathered Morocco’s Minister in charge of the National Defense Administration, Abdeltif Loudyi, and Slovak Deputy Prime Minister and Minister of Defense, Robert Kaliňák, who was accompanied by a high-level military delegation and senior […]
Cooperation between Morocco and the UN mission in the Sahara, MINURSO, was reviewed at a meeting held Thursday between Lieutenant General Mohammed Berrid, FAR Inspector General and Commander of the Southern Zone, and Major General Fakhrul Ahsan, Force Commander of the UN Mission in the Kingdom’s Southern Provinces. The meeting, held at the South Zone […]
Morocco will allocate 3 billion dirhams this year and 3.2 billion next year, or a total of 670 million dollars to restore its national herd, including through financial support to farmers, agriculture minister Ahmed El Bouari said. Under this program, the government will earmark 700 million dirhams to restructure and cancel debt owed to 50,000 […]
A strategic conference held in Rabat Thursday focused on the maritime strategic challenges of Atlantic Africa. The event comes months after King Mohammed VI launched the Atlantic Initiative in November 2023, outlining an ambitious geopolitical project at the intersection of sovereignty, development, and regional integration. The conference, organized by the Policy Center for the New […]
Morocco’s multidimensional poverty rate has nearly halved over the past decade, driven by significant improvements in rural areas, according to a new report by the national statistics agency, the Haut-Commissariat au Plan (HCP) said. The share of the population living in multidimensional poverty fell from 11.9% in 2014 to 6.8% in 2024, with the number […]
Gotion Power Morocco, part of the EV battery giant Gotion High-Tech, will start producing at its gigafactory in Kenitra by the third quarter of 2026, company chairman Khalid Qalam said. In June last year, the Moroccan government unveiled an investment deal with Gotion High Tech worth $6.3 billion, including $1.3 billion in a first phase, […]
Morocco prepares to launch the 5G internet network in the six cities that will host the 2030 World Cup, head of the country’s telecoms regulator Hicham Lahjomri said. By 2026, 25% of Moroccans will be connected through 5G, and 70% by 2030, he was quoted by Medias24 as saying. After the six cities, Morocco will […]
Swedish SKF Company, world leader in most innovative bearings, seals & lubrication systems, has opened its new factory in Tangier, Northern Morocco. The production site will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in […]
Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]