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 […]
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 […]
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 […]
President Mohammed Shahabuddin has called on Morocco to hire more skilled and semi-skilled Bangladeshi workers in different sectors such as healthcare, agriculture, infrastructure development, ready-made garments, textiles, and information and communication technology (ICT). The president came up with the call as newly appointed Moroccan Ambassador to Bangladesh Mrs. Boutina El Kerdoudi El Koulali presented her […]
Morocco recorded a sharp rise in its population of wealthy individuals in 2025, with the number of millionaires increasing by 16.8%, the fastest growth rate in Africa, according to Capgemini’s latest World Wealth Report. The 30th edition of the report, published on June 4, shows Morocco leading the continent in wealth creation, driven by the […]
Morocco and Chile have voiced shared will and readiness to strengthen bilateral economic and trade relations building on the complementarity of their economies and huge opportunities offered in several strategic sectors. Cooperation prospects between Rabat and Santiago were discussed Tuesday in Rabat between Moroccan Secretary of State for Foreign Trade, Omar Hejira and his Chilean […]
Recycling textile waste in Morocco is technically viable and commercially feasible and could attract $1.9 billion in additional private investment and generate more than 30,000 jobs, according to a study carried out by World Bank’s IFC pilot project. Trials conducted as part of the “Morocco Textile Circularity program” yielded positive results exceeding all expectations as […]
Morocco is well-placed to integrate nuclear power into its energy mix, supported by an electricity grid exceeding 10 gigawatts, positioning it among a small group of African countries technically ready to pursue civilian nuclear programmes, Jeune Afrique magazine reported. This came after the World Bank Group ended a decades-long absence from nuclear project financing and […]