Economy
Morocco has established itself as a crucial partner for Airbus, showcasing significant growth potential in the aerospace sector, according to Wouter Van Wersch, Executive Vice President International at Airbus. In a recent interview with MAP, held during the third Airbus summit on March 24-25 in Toulouse,......
Morocco is now caught in the midst of escalating global trade tensions, reflecting a complex geopolitical landscape. The European Commission has recently imposed significant compensatory duties on aluminum wheel exports from Morocco, a move interpreted by experts as a strategic signal aimed primarily......
A significant US trade mission is set to arrive in Morocco in May 2025, aimed at strengthening collaboration between the two nations in the agri-food export sector. This initiative underscores a shared commitment to enhancing trade and investment ties. Morocco’s ambassador to the US, Youssef Amrani,......
His Majesty King Mohammed VI has appointed Mohamed Benalilou as the new president of the National Authority for Integrity, Prevention, and Fight Against Corruption (INPPLC). With a formidable background in Morocco's legal and judicial systems, Benalilou is poised to enhance the country's initiatives......
The rise of generative artificial intelligence (AI) is profoundly reshaping the workforce landscape. According to a recent article in the Harvard Business Review by Joseph Fuller, Matt Sigelman, and Michael Fenlon, an estimated 50 million jobs will be affected by this technology in the coming years.......
Morocco’s credit rating remains stable at Ba1, as confirmed by Moody’s during its latest review. This rating reflects a complex landscape of strengths and vulnerabilities, highlighting effective governance and a robust domestic financing structure, contrasted with low income levels and risks......
The European Commission has firmly rejected allegations of tax fraud concerning Moroccan tomato exports to the European Union. This decision comes in the wake of concerns raised by Spanish MEP Carmen Crespo, who questioned whether Morocco had exceeded its duty-free export limits. European Commissioner......
In observance of World Water Day 2025, celebrated annually on March 22, the theme this year is "Preserving Glaciers." This initiative aims to shed light on the plight of 2.2 billion individuals globally without access to safe drinking water, urging immediate action to combat the worldwide water......
British company Predator Oil & Gas has announced unexpected gas discoveries at the MOU-5 well, located in the Guercif region of eastern Morocco. This development opens exciting prospects for the future of the kingdom's energy industry. The findings, achieved following successful drilling operations,......
Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......
As Europe reshapes its supply chains to enhance resilience, Morocco is establishing itself as an indispensable strategic pivot. Its geographical proximity, coupled with a steadily diversifying economy, positions it as a preferred partner for a continent seeking reliable alternatives to distant and fragile......
In response to pressing economic challenges and significant ongoing reforms, Morocco's Prime Minister, Aziz Akhannouch, has issued a stern directive to his team, mandating stricter budget management. The primary goal is to limit operational expenditures while optimizing investments. Budgetary discipline......
Morocco is poised to significantly enhance its solar power capacity, with projections suggesting an increase from 0.32 GW to an impressive 4.35 GW by 2028, according to a recent report by SolarPower Europe. This assessment, supported by the Global Solar Council and Morocco’s Cluster EnR, outlines......
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