First Independent Mena Newspaper
Airbus Helicopters will provide Morocco ten H225M Caracal multi-role tactical transport helicopters, according to press reports, saying the deal has been finally sealed after marathon negotiations. Morocco’s interest in the H225M dates back to December 2021 as the country seeks to modernize its helicopter fleet and replace its SA330 Puma helicopters. But the negotiations were […]
Morocco’s household consumption patterns reveal stark regional disparities, with five regions accounting for 74 percent of the nation’s total consumer spending in 2023, according to data released Tuesday by the High Commission for Planning (HCP). The concentration underscores persistent economic imbalances despite ongoing development initiatives. Casablanca-Settat leads overwhelmingly with 25 percent of national household final […]
The long-discussed undersea tunnel that would link Morocco and Spain across the Strait of Gibraltar has gained fresh momentum following the signing of new contracts aimed at reviving the ambitious infrastructure project. Spain’s Ministry of Transport has commissioned public company EniCo to conduct a comprehensive financial feasibility study, backed by €350,000 in funding from the […]
Africa is emerging as a key manufacturing hub for Indian companies, as record-high U.S. tariffs — now up to 50% — threaten India’s export competitiveness, particularly in textiles, pharmaceuticals, and gems. The penalties, imposed largely in response to India’s continued oil trade with Russia, have forced Indian firms to pivot strategically toward Africa to maintain […]
Abdellatif Jouahri, Governor of Bank Al-Maghrib, has been named in the list of the world’s top central bank governors in the 2025 edition of Global Finance magazine’s annual Central Banker Report Cards. Jouahri earned an “A” rating -the highest possible distinction- recognizing his continued excellence in steering Morocco’s monetary policy through complex global and domestic […]
Morocco’s tourism sector continues its robust growth trajectory, with revenues reaching a record 67 billion dirhams ($7.5 bln) by the end of July 2025, marking a 13% increase compared to the same period in 2024, the ministry of tourism said. This performance reflects the sustained momentum of the sector, driven by both international visitors and […]
Moroccan motorists received welcome relief Monday, September 1, as fuel prices declined for the second time in two weeks, with diesel falling below the psychologically significant 11-dirham threshold. Gasoline prices decreased by 16 cents per liter while diesel recorded a more substantial 30-cent reduction, offering respite to consumers amid economic pressures. A morning survey conducted […]
A preliminary list of Moroccan nationals detained in Iraq for alleged links to the Islamic State (ISIS) has been compiled and is ready for transfer to Moroccan authorities, Al Ahdath Al Maghribia reported. The list includes several high-profile detainees currently held in Nassiriya prison, marking a significant step toward resolving a long-standing humanitarian and legal […]
Morocco’s telecommunications sector demonstrated robust growth during the first half of 2025, with mobile phone subscriptions reaching 58.8 million, marking a 3.2 percent increase compared to the same period in 2024. According to the Department of Economic Studies and Financial Forecasts (DEPF), this achievement represents a historic milestone for the kingdom’s digital infrastructure development. The […]
Morocco’s trade deficit deepened significantly in the first seven months of 2025, reaching 194.9 billion dirhams, up 15.9% from 168.2 billion dirhams recorded during the same period in 2024. This came on the back of a sharp increase in imports, which rose by 8.8% to 469.7 billion dirhams, while exports grew more modestly by 4.2%, […]