First Independent Mena Newspaper
Two key sources of Morocco’s inflow of hard currency, remittances from Moroccans abroad and tourism receipts are heading towards another record in 2026 at 123 billion dirhams ($12.8 bln) and 125 billion dirhams ($13 bln) respectively, the central bank said. This improvement would help offset the deepening trade deficit due to higher imports of equipment […]
With a landslide majority vote, the Peruvian government passed a motion urging the country’s government to back Morocco’s autonomy initiative, which has gathered momentum in recent years rallying global powers as well as African and Arab support. The motion urged the Peruvian foreign ministry to act globally in favor of this initiative to find a […]
Morocco, with its strong tax policies and investment in strategic infrastructures, can help to drive and speed up economic integration in Africa, according to the United Nations Economic Commission for Africa In a tweet posted following the meeting held Monday in Addis Ababa between ECA Executive Secretary Claver Gatete and Morocco’s Industry & Trade Minister […]
Morocco’s central bank has decided to lower key rate by 25 bps to 2.25 % to ensure price stability and support the country’s economic activity with the anticipated inflation evolution. The decision was made by the Board of Bank Al-Maghrib during its meeting held Tuesday in Rabat of 2025. The Bank experts decided to cut […]
Morocco has reaffirmed on Monday, during the 57th session of the United Nations Economic Commission for Africa (UNECA) and the Conference of African Ministers of Finance, Planning and Economic Development in Addis Ababa, its unwavering commitment to the African continental free trade area (AfCFTA). The commitment was renewed by Minister of Industry and Trade, Riyad […]
Water has been added to Algeria’s media circus, in yet a new episode of uncorroborated accusations against Morocco, as Algerian officials and media accuse their western neighbor of engaging in a “water war”. At the heart of the new Algerian victim hood propaganda is the small kadoussa dam built on the seasonal river Oued Guir […]
In 2024, Morocco became Spain’s second supplier outside the EU, with an increasing volume to 13 billion euros. Moroccan goods made up 2.3% of total Spanish imports, as the kingdom strengthened its position as Spain’s main African trade partner. This positioned Morocco as Spain’s main African supplier with 28% of all goods purchased from the […]
Various aspects of military cooperation between Morocco and Saudi Arabia were reviewed at a meeting that gathered in Riyadh Lieutenant General Mohammed Berrid, FAR Inspector General and Commander of the South Zone, who is paying a visit to Saudi Arabia, and Lieutenant General Fayyad bin Hamed Al-Ruwaili, Chief of General Staff of the Saudi Armed […]
Morocco’s economic outlook, combined with a constantly evolving tourism offer, confirms the Kingdom’s position as “a true Eldorado for investors and a dream destination for travelers”, the French travel media Odyssée states in its weekend e-edition. In the article, entitled “Morocco, the new Eldorado for French tourism investment?”, the news website points out that, through […]
Morocco will host the 58th United Nations Economic Commission for Africa (UNECA) and the Conference of African Ministers of Finance, Planning, and Economic Development in March 2026. The announcement was made at the expert session of the 57th UNECA and the Conference of African Ministers of Finance, Planning, and Economic Development, currently held in Addis […]