Economy
Platts, a member of S&P Global Commodity Insights, has announced significant modifications to its free on board (FOB) Morocco phosphate rock pricing assessment methodology, set to take effect on July 3. This initiative aims to better align with the existing structure of Morocco's phosphate market,......
Foreign investments in Morocco skyrocketed during the first quarter of 2025, continuing the strong performance the country has experienced over the past few years. According to Karim Zidan, Morocco’s Minister Delegate for Investment, the first three months of 2025 showcased remarkable growth in......
French newspaper “Le Dauphiné libéré” has hailed Morocco as “the new Eldorado” for automotive manufacturers, highlighting the country's burgeoning automotive sector as a vital pillar of its economy and the leading export industry. Morocco has successfully......
A recent trade agreement between China and the United States, brokered in Geneva through Swiss mediation, has led to a temporary de-escalation of trade tensions. The deal includes a 90-day suspension of certain tariffs, aiming to restore mutual trust and explore future economic collaboration. Both nations......
With the launch of ÏRTHY, the first premium digital marketplace exclusively dedicated to Moroccan brands, the Kingdom takes a major step in promoting local production. The platform brings together the finest expressions of national craftsmanship in a distinctive and creative space. Its name, combining......
Morocco has established a groundbreaking civil engineering standard for Africa with the perforation of the Al Massira dam, addressing the urgent issue of water stress in the Marrakech region, as reported by the African Development Bank (AfDB). This unprecedented project serves as a model for effective......
Morocco has established itself as a significant player in the global berry market, according to a recent article published by the French public information radio (RFI). The report highlights the country’s impressive growth in the production and export of various berries, particularly in Europe. The......
Being informed of a tax inspection in Spain can be particularly daunting for foreigners, especially those who are self-employed. Understanding how to respond, what documents to prepare, and other essential advice can help mitigate the stress associated with this process. Typically, a tax inspection......
Morocco’s Ministry of Energy Transition and Sustainable Development has officially issued the country's inaugural Energy Services Company (ESCO) license. This significant development is a direct result of Decree No. 2-24-153, which implements Law No. 47-09 on energy efficiency, as published......
Marks & Spencer has announced that its online services will remain disrupted until July due to a recent cyber-attack. The retailer has reported significant challenges since the incident, which has left customers unable to place orders online for nearly a month. The company anticipates that the disruption......
Morocco has recently etched its name in the annals of economic history with an extraordinary $14 billion agreement with the United Arab Emirates. This landmark pact promises to significantly reshape the nation’s water and energy landscape, setting a course for sustainable infrastructure development......
The Chinese group Btr New Material Group Co., Ltd., a leading global manufacturer of battery materials, has officially announced its decision to establish a new strategic industrial site in Tangier. This choice underscores Morocco's significant role in the global landscape of advanced industries......
Morocco has secured the fourth position worldwide for Schengen visa applications in 2024, following only China, India, and Turkey in the global ranking, according to recent data. SchengenVisaInfo reveals that 11,716,723 Schengen visa applications were submitted to EU countries in 2024, marking a 13.5%......
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