First Independent Mena Newspaper
Morocco has seized more than 681 kilograms of cocaine during the first seven months of this year after deploying an advanced digital monitoring system at border crossings, Interior Minister Abdelouafi Laftit said. In a written reply to a parliamentary question, Laftit explained that the Interior Ministry has made the fight against drugs and psychotropic substances […]
Morocco, a Muslim country located in western North Africa, with coastlines on the Atlantic Ocean and Mediterranean Sea, has been recognized among countries having the richest culture and heritage in the world. According to U.S. News & World Report, the Kingdom has a unique mix of Arab, Berber, African and European cultural influences. Unlike many […]
The death toll from sudden flash floods in Safi climbed to 37, after an hour of intense thunderstorms inundated the Atlantic city on Sunday, December 14, sweeping away vehicles, flooding homes and shops, and severing key roads, local authorities said. Officials said 32 people were injured, most of whom have since been discharged from hospital, […]
Morocco has been elected to the Council of the International Centre for the Study of the Preservation and Restoration of Cultural Property (ICCROM), during the 34th General Assembly of this intergovernmental organization, affiliated to the UNESCO, held in Rome from December 10 to 12. The Kingdom will be represented on this body, which is responsible […]
Morocco’s Interbank Monetary Center (CMI) has successfully maintained uninterrupted payment services throughout the national payment ecosystem’s comprehensive transformation into a multi-acquirer market, Director General Rachid Saihi told la Vie Eco. The transition, which began November 1, 2024, follows twenty-one years of structural innovations modernizing payment acceptance nationwide. The CMI expects to process nearly 240 million […]
The African Development Bank has approved a €270 million loan to Morocco to finance an ambitious program to expand and modernize the country’s airport infrastructure as it prepares for a surge in tourism and for the 2030 World Cup. The project, known as the Airport Infrastructure Extension and Modernization Program (PEMIA), aims to boost Morocco’s […]
North Africa’s tourism sector is experiencing remarkable growth, with Morocco, Egypt, and Tunisia collectively welcoming 42.2 million visitors through October 2025. Morocco has cemented its position as the continent’s leading destination, now surpassing Egypt by one million arrivals while posting impressive double-digit growth rates. Morocco recorded 16.6 million tourist arrivals by late October, marking 14 […]
Morocco’s foreign exchange reserves climbed to an unprecedented 431.24 billion dirhams ($47 billion) at the end of October, up 19.6% from a year earlier, according to central bank data. Bank Al-Maghrib projects the upward trend will continue into 2026, reflecting strong tourism receipts and a sharp rebound in foreign direct investment (FDI). Travel revenues rose […]
Global commerce is poised to reach a historic milestone in 2025, with trade volumes expected to hit $35 trillion according to the United Nations Conference on Trade and Development (UNCTAD). Africa’s export growth ranks second only to East Asia, positioning Morocco as one of few African nations capable of fully capitalizing on this expansion. The […]
Morocco secured $1.77 billion in World Bank financing during fiscal year 2025, positioning itself as the institution’s 11th largest recipient overall and eighth largest borrower from the International Bank for Reconstruction and Development (IBRD), according to newly released Bretton Woods statistics. The World Bank’s total commitments reached $80.8 billion for the fiscal year ending June […]