First Independent Mena Newspaper
Morocco will abandon its daylight-saving time system and return to standard GMT at the end of summer, Prime Minister Aziz Akhannouch announced, ending years of debate and some public frustration over the policy. Speaking to state television after a cabinet meeting on June 25, Akhannouch said the decision followed consultations within the ruling coalition and […]
Morocco’s Autorite marocaine du marche des capitaux (AMMC) has widened the maximum price variation permitted for newly listed shares during their first five trading sessions on the Casablanca Stock Exchange. In a communique issued on Thursday 25 June, the regulator announced that the threshold, effective from 23 June 2026, is set at plus or minus […]
Morocco’s trade with African countries rose to $9.5 billion in 2025, underscoring the kingdom’s steadily expanding economic integration with the continent as intra-African commerce gains momentum. The figure, highlighted in Afreximbank’s African Trade Heatmaps 2026 report, places Morocco among a small group of regional hubs, alongside South Africa, Egypt, Nigeria, Kenya and Ivory Coast, driving […]
The United Nations Population Fund has described its partnership with Morocco as “strategic,” signaling a deepening alignment between the two institutions on human rights, reproductive health and gender equality. Alfonso Barragues, Deputy Director of the UNFPA’s Geneva liaison office, made the declaration on the sidelines of the 62nd session of the Human Rights Council, following […]
Morocco is steadily reshaping the mandarin trade in the United Kingdom, knocking Spain off its long held dominant position, according to EastFruit news platform. For the second consecutive season, Moroccan exporters have set new records, with shipments between October 2025 and April 2026 reaching 71,600 tons worth over £60 million. This figure is nearly 20% […]
European Bank for Reconstruction and Development (EBRD) Vice President for Policy and Partnerships Mark Bowman started this Wednesday a three-day working visit to Morocco to meet senior government officials and clients from the public and private sectors. Discussions will focus on deepening cooperation with Morocco with a view to up-scaling investments to speed up the […]
Morocco’s early recognition of the United States in 1777 laid the groundwork for one of the longest-standing diplomatic relationships in US history, a legacy now reinforced by deepening defense and strategic ties, according to a feature published by The Washington Diplomat. Morocco became the first country to formally acknowledge the fledgling United States during the […]
British digital bank Revolut has signaled interest in entering Morocco’s fast-growing financial services market, but authorities say the timing is not favorable for a near-term launch. Governor of Morocco’s central bank Abdellatif Jouahri said that he met Revolut executives earlier this month in Rabat, where the fintech company outlined its ambitions but stopped short of […]
The Chamber of Representatives adopted at a plenary session Monday a bill transforming the Agence nationale des ports (ANP) into a joint-stock company, to be known as Ports du Maroc SA. The bill is part of the government’s broader program to convert public institutions into commercially structured entities. The bill also amends the 2005 Law […]
Morocco has extradited Michael Steven, the chief executive of Indonesian insurance company Kresna Life, to Jakarta following his arrest on Moroccan territory in March 2026 pursuant to an Interpol arrest warrant. The handover to Indonesian police took place on 20 June, two days after Morocco formally approved the extradition on 12 June. Steven was named […]