First Independent Mena Newspaper
Once a peripheral actor, the North African kingdom has positioned itself as a reliable manufacturing and logistics hub, attracting sustained foreign investment and forging deep ties with global aerospace giants. Moroccan aerospace exports reached 26.4 billion dirhams ($3bn) in 2024, up 14.9% year-on-year, with assembly operations alone expanding by 23.6%. The figures mark a continuation […]
OCP Nutricrops, a subsidiary of the Moroccan state-owned phosphate group, has been awarded a $34.5 million contract to supply Bangladesh with 40,000 tons of diammonium phosphate (DAP), the most popular phosphorus fertilizer in the world, providing both essential nitrogen and phosphorus (N and P) for plant growth. The contract enhances further the presence of the […]
Morocco’s government will implement a significant increase in the parafiscal solidarity tax on insurance contracts, raising the rate from 1 percent to 1.5 percent. The amendment, scheduled for approval by decree at this Thursday’s Council meeting, aims to strengthen the nation’s disaster response capabilities following recent catastrophic events. The additional revenue will flow directly into […]
Morocco’s onion exports reached unprecedented levels during the 2024-2025 season, with the shipping of 64,900 tons worth $238 million after authorities lifted West African export restrictions. According to specialized platform EastFruit, this performance represents a 4.8-fold increase from the previous season and exceeds the previous 2022-2023 record by three percent. The remarkable recovery follows a […]
Morocco has emerged as a significant cultural force internationally, deploying strategic soft power initiatives through music, cinema, and artistic expression. The North African kingdom’s carefully orchestrated approach combines institutional support with grassroots creative energy to project a distinctive cultural identity across African, European, and Middle Eastern markets. The Gnaoua World Music Festival in Essaouira, recognized […]
Morocco and Spain are currently engaged in direct negotiations aimed at defining their maritime boundaries in line with international law, foreign minister Nasser Bourita said. Speaking at an international seminar on maritime border delimitations, Bourita explained that the process will be conducted in full respect of Morocco’s national sovereignty, particularly in the southern provinces. He […]
The world football governing body is in advanced discussions for installing the headquarters of the 2030 World Cup in the Moroccan capital Rabat, according to British “City AM” business news platform. The FIFA world Cup 2030 will be co-hosted by Morocco, Spain and Portugal, with the opening three games to be held in Paraguay, Argentina […]
Morocco’s cereal imports declined by 11 percent during the first seven months of 2025, dropping to 5.847 million tons from 6.57 million tons in the corresponding period of 2024, according to data released by the National Federation of Cereal and Legume Traders. The reduction reflects strategic inventory management amid abundant global supplies, though structural dependency […]
Morocco’s centuries-old rotating savings system, known locally as “daret” or tontine, is undergoing a digital transformation aimed at addressing the financial exclusion affecting 53 percent of the country’s adult population. The new mobile application, developed by former French banking executives Nabil Chakir and Mourad Chokeir, seeks to modernize this informal financial practice while preserving its […]
The latest report by United Nations Secretary-General António Guterres on the Sahara conflict marks a decisive shift in favor of Morocco’s autonomy plan. Covering developments from July 2024 to June 2025, the report- submitted to the UN General Assembly- abandons the decades-old fixation on a referendum and instead highlights growing international support for Morocco’s autonomy […]