Economy
The American rating agency Standard & Poor’s (S&P) has upgraded Morocco’s sovereign credit rating, restoring the country to the coveted “investment grade” category. Morocco had lost this status in 2021 following the economic fallout of the COVID-19 pandemic. The positive......
The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......
The foreign ministers of Sahel nations, members of the Confederation of the Alliance of Sahel States, have expressed their unwavering support for His Majesty King Mohammed VI’s Atlantic Initiative. The announcement came during a follow-up meeting held on Wednesday in New York, alongside the 80th......
Morocco has been recognized as a global leader in trade digitalization and facilitation by the United Nations Conference on Trade and Development (UNCTAD) in its 2025 Review of Maritime Transport. The accolade comes thanks to PORTNET, Morocco’s electronic single window for port and trade operations,......
French transport giant Alstom has secured a €260 million contract to upgrade the railway line connecting Kenitra and Settat, marking a major milestone in Morocco’s ongoing rail sector transformation. The deal, signed with a consortium that includes Alstom, INEO Rail, and INEOLUM, will see......
The United States has taken a decisive step toward reinforcing its recognition of Morocco’s sovereignty over Sahara by promoting economic cooperation and investment in the region. In a landmark announcement, US Deputy Secretary of State Christopher Landau revealed plans to encourage American......
Abdellatif Hammouchi, the General Director of Morocco’s Security and Territorial Surveillance (DGSN-DGST), is leading a high-level delegation to the United Arab Emirates (UAE) to enhance security cooperation between the two countries. The visit, which began on Tuesday, reflects the strong bilateral......
Rabat – Moroccan authorities have launched a national dialogue to boost the development of seaweed farming, positioning it as a cornerstone of the country’s emerging blue economy. Zakia Driouch, Secretary of State in charge of Maritime Fisheries, brought together experts, investors, and......
The General Confederation of Moroccan Enterprises (CGEM) has appointed Ali Belhaj as the new president of the Morocco-UK Business Council. The announcement was made during CGEM’s board meeting on September 15 and is part of the organization’s efforts to strengthen economic and trade relations......
Morocco’s Economic, Social, and Environmental Council (CESE) has released its formal analysis of the European Union’s Carbon Border Adjustment Mechanism (CBAM), outlining its implications for Moroccan exports. The findings, presented during a session in Rabat, reflect the Council's participatory......
Morocco’s Tanger Med Port has reaffirmed its stature as one of the world’s most efficient container ports, ranking fifth in the 2024 Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence. However, the port has ceded its long-held......
Morocco’s Secretary of State for Foreign Trade, Omar Hejira, has called for expanding economic and trade relations with India, emphasizing the importance of a strategic and mutually beneficial partnership. Speaking at the “Business Opportunities in India and West Asia” forum in New......
The overturning of Imad Ben Rajab’s 2023 conviction by Libya’s Supreme Court has revealed systemic weaknesses in the country’s oil and fuel import processes. Beyond clearing Ben Rajab’s record, the case has illuminated gaps in oversight, testing standards, and institutional coordination,......
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