Economy
Morocco’s luxury hospitality sector has strengthened its international profile after Royal Mansour Marrakech was named the best hotel in Africa in the 2026 edition of The World’s 50 Best Hotels. The distinction was announced during the annual awards ceremony held in Paris, placing the Marrakech......
Global oil markets are entering a period of heightened uncertainty as disruptions to refined-product supplies, rising tanker costs and growing security risks reshape the economics of international energy trade. Producers, refiners and trading companies are increasingly adjusting their purchasing, transportation......
Commercial shipping through the Strait of Hormuz has fallen sharply as tensions between the United States and Iran continue to disrupt maritime activity in the Gulf, highlighting growing uncertainty around one of the world’s most important energy corridors. Shipping data showed that only 12 commodity......
Africa is increasingly being positioned as an important destination for investment and economic expansion, as its natural resources, young population and growing technological sectors attract greater attention from international investors. United Nations Secretary-General António Guterres highlighted......
Morocco has made visible progress in adopting digital technologies, but a substantial gap remains between having access to digital tools and using them intensively across business operations. A new World Bank assessment identifies this “incomplete digitalisation” as a significant constraint......
Morocco is consolidating its position within Africa’s rapidly expanding aviation sector, with Casablanca’s Mohammed V International Airport and Marrakech-Menara Airport ranking among the continent’s leading airports in terms of available seat capacity in August 2026. According to figures......
Six Moroccan cities have been included among Africa’s top 50 cities in the 2026 Global Cities Index published by Oxford Economics, highlighting the growing presence of Morocco’s major urban centres in an international assessment of economic and social performance. Casablanca leads the Moroccan......
The rehabilitation of Morocco’s National Road 17 between Ahfir and Saïdia has entered its final stage, with the project now around 90% complete. The road represents an important connection between inland areas of Morocco’s Oriental region and the Mediterranean coast. It also forms part......
British energy company Predator Oil & Gas is moving toward the next stage of its Guercif gas exploration program in northeastern Morocco, with preparations underway for the drilling of the MOU-6 appraisal and development well. The company has relocated its drilling rig from the nearby MOU-5 site,......
The price of diesel in France has climbed to a new record, reaching an average of €2.4097 per litre on Sunday as disruptions linked to the geopolitical crisis continue to weigh on fuel supplies. The latest figure, compiled from prices reported at more than 8,700 service stations, represents another......
Gabon has approved a 129.7 million euro loan from the International Bank for Reconstruction and Development (IBRD) to support improvements in drinking water, sanitation and electricity services. The government endorsed the bill authorizing the borrowing during a Council of Ministers meeting chaired......
A large-scale urban improvement programme has officially begun in Had Soualem, with a total budget of MAD 105 million dedicated to upgrading some of the city's main arteries and improving public infrastructure. The project brings together several levels of local and regional authorities, including......
Entrepreneurs, investors, institutions, and experts from Morocco and Canada gathered in Montreal with a shared goal: to transform economic exchanges between the two countries into concrete projects. Organized by the Morocco-Canada Economic Chamber (CEMC), the meeting on September 19 focused on investment,......
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