Breaking 16:00 Morocco’s ADM reports 20 percent revenue rise, expands highways for 2030 World Cup 16:00 Glovo shuts down all seven dark stores in Morocco 15:50 Ethiopia’s multibillion dollar Bishoftu hub aims to reshape African aviation 15:40 Nigeria’s non oil exports hit record as diversification gains pace 15:30 Turkey condemns arrest of two journalists in Tel Aviv 15:20 Morocco links new digital law to its push for global AI governance 15:15 France pays €79 million compensation to Atosca after A69 highway delay 15:05 Morocco automotive exports jump 19% to MAD 12 billion in January 15:00 Shell sees significant growth potential for Brazil's oil Amid Middle East tensions 14:56 Israeli-US strikes target Iran's Supreme Leader selection body 14:40 SGTM revenue jumps to $1.52 billion as order book doubles 14:34 Emmanuel Macron to address French citizens amid Middle East tensions 14:30 Italy summons Iranian ambassador after drone strike on Cyprus 14:20 Morocco industry slows as sales decline in January survey 14:15 Poland seeks greater autonomy in nuclear deterrence strategy 14:10 Researchers revive centuries-old physics to build durable sodium batteries 13:57 Saudi Aramco seeks to reroute crude exports away from the Strait of Hormuz amid rising tensions 13:43 Asian nations rush to evacuate citizens and safeguard oil supplies amid Middle East conflict 13:35 Cornell imaging method reveals atomic scale defects in semiconductor chips 13:31 Russia’s security service says it foiled alleged attack on defense executive 13:21 Middle East war escalates as Iran, Israel and US exchange strikes 13:18 Iran’s mass drone and missile strikes rattle Gulf security 13:13 Love Brand | Royale Marocaine d’Assurances among consumers’ favorite brands 13:05 US and Israel intensify air campaign in Iran as conflict enters fourth day 13:03 Love Brand | Benalluch Ihssane among the favorite influencers of 2025 13:00 Ukraine receives first $1.5 billion tranche under new IMF program 12:47 Lebanese media union condemns strikes on Al-Manar and Al-Nour as Hezbollah vows to continue broadcasting 12:45 Byd’s denza z9 gt targets record electric range with new batteries and charging tech 12:26 Why mindset, not the brain, determines long term success 12:23 Iran reports 787 deaths since start of conflict, according to Red Crescent 12:02 UAE president walks through Dubai Mall during Iranian strikes 12:00 Casablanca police open investigation after threatening video circulates online 11:30 Eurozone inflation edges up to 1.9 percent as Iran conflict fuels energy shock 11:10 Eurozone inflation edges up to 1.9 percent as Iran conflict fuels energy shock 10:47 Oil producers outside Middle East conflict zone gain from market shock 10:21 US bombers hit Iran after nonstop flight from South Dakota 10:00 Airline stocks sink worldwide as Middle East conflict unleashes travel turmoil 09:40 European stocks sink as Iran conflict rattles trade and energy routes 09:19 Apple keeps iPhone 17e price at $599 while doubling storage and adding magsafe 08:50 Apple opens major spring launch with iphone 17e and new ipad air 08:20 Iranians navigate hope and fear after Khamenei’s killing 07:50 Rijksmuseum confirms long lost Rembrandt after 65 years 07:20 Iran launches sweeping cyber retaliation after US-Israeli strikes 07:00 US and Iran count rising toll as Epic Fury spreads across Middle East


Morocco’s Economic Growth to Slow by 2.4% in First Quarter of 2024

Morocco's economic growth is expected to decelerate in the upcoming months due to prolonged drought conditions severely impacting the farming industry, states a recent report by the High Commission for Planning. According to the report released on Thursday, Morocco's GDP growth is anticipated......

Morocco Invests Billions in Cash Surpluses

The Moroccan government finds itself in a favorable financial position, boasting surplus funds that are not lying dormant. The Treasury and External Finance Department, a branch of the Ministry of Economy and Finance, took decisive action this week by channeling an impressive 20.75 billion Moroccan dirhams......

Morocco Implements Sweeping Changes to Liberalize Foreign Exchange Rules and Stimulate Business Growth

Rabat - In a significant move, the Moroccan government has enacted comprehensive reforms aimed at removing constraints on foreign exchange transactions and enhancing the efficiency of international business operations. Effective from January 2nd, the new General Instruction on Foreign Exchange Operations......

New Opportunity for Moroccans to Declare Foreign Assets

The Moroccan Foreign Exchange Office has introduced a year-long window for residents to disclose their previously unreported assets held abroad. The "Spontaneous Regularization Operation 2024” enables individuals and companies to anonymously step forward, paying a fixed penalty fee to legitimize......

Facilitating Customs Dispute Resolution to Bolster Trade Confidence

Recent amendments to Morocco’s customs code aim to streamline litigation procedures for questionable goods not physically seized. By easing the transaction process for these disputed items declared openly without seizure, customs authorities hope to boost tax and duty recovery while still protecting......

Streamlining Customs: Morocco's 2024 Finance Law Enhances Trade Facilitation

Morocco's Customs procedures receive a significant facelift with the enactment of the 2024 Finance Law, introducing crucial amendments to the Customs Code. The implementation of streamlined electronic declaration procedures is poised to propel international commerce, allowing operators to submit......

Abdellatif Jouahri Recognized as Best Central Banker in Africa

Abdellatif Jouahri, the Governor of Bank Al-Maghrib, has been honored as the "Best Central Banker in Africa for 2024" by "The Banker," a London-based financial and international affairs magazine affiliated with "The Financial Times" group. The prestigious "The Banker's......

Automobile Exports Sustain Impressive Momentum, Driving Economic Surge

In a remarkable display of resilience and growth, the automotive sector's exports surged to over 130.64 billion DH by the end of last November, marking a substantial 30.2% year-on-year increase, as reported by the Office of Foreign Exchange. This surge finds its roots in the expanding sales within......

Morocco Unveils DHAP: A Bold Move Towards Affordable Homeownership

On January 2nd, a momentous occasion unfolded as the online registration platform for Morocco's Direct Housing Aid Program (DHAP) was officially inaugurated. This groundbreaking initiative, unveiled by Fatima Zahra El Mansouri, Minister of National Planning, Urbanism, Housing, and City Policy, is......

Morocco's General Directorate of Taxation Unveils Ambitious 2024-2028 Strategic Plan

Morocco's General Directorate of Taxation (DGI) has outlined its ambitious goals for the next five years through its newly unveiled 2024-2028 strategic plan. Building upon the successes of its prior 2017-2021 strategy, the DGI seeks to fortify tax collection, encourage civic duty, modernize processes......

Casablanca Stock Exchange Starts the Year in the Green

Trading at the Casablanca Stock Exchange opened the new year on a positive trajectory following a brief closure for the holidays on Monday. The primary index, MASI, showcased a robust start by advancing 0.66%, ultimately closing at 12,172.92 points as reported from Tuesday's session. The positive......

The Final Act for Moroccan Glassmaker Tolba Verre: Navigating Industry Challenges

The glassmaking industry in Morocco continues to face severe challenges amidst competitive pressures. Following the 2019 collapse of Tangier-based Glassry, a former industry leader backed by Moroccan investors that disintegrated just five years after its highly-publicized launch, another local manufacturer......

Morocco Maintains "Medium-Stable" Business Environment Amidst Regional Uncertainty

Amidst the economic and political uncertainties prevalent in the Middle East and North Africa (MENA) region, Morocco stands out as a relatively stable operating environment for international companies, according to a recent risk assessment. In Control Risks' 2023 RiskMap report, Morocco secured......

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