Economy
The 61st Meeting of Customs Directors General from North Africa, Near and Middle East convened in Cairo on Sunday, bringing together key customs authorities from across the region. The gathering, hosted by the Arab League General Secretariat in collaboration with Jordan's Customs Administration,......
Morocco has retained its position in the 2025 edition of the "Global Soft Power Index," securing the 50th rank among the most influential countries worldwide. This achievement places the Kingdom at the forefront of Maghreb nations and among the top-ranking African countries in this prestigious......
Morocco’s National Electricity Regulatory Authority (ANRE) has introduced a unified Medium Voltage Distribution Network Usage Tariff (TURD) for the first time, marking a significant milestone in the regulation of the country’s electricity sector. The new tariff, set at 5.92 centimes per kilowatt-hour,......
A potential trade conflict between the United States and Canada could threaten tens of thousands of jobs in the American aviation sector, warned Bombardier’s CEO, Éric Martel, on Thursday. Martel emphasized that half of Bombardier’s aircraft production is destined for the U.S. market,......
The Ministry of Economy and Finance (MEF) reported that tax revenues reached 30.79 billion dirhams (MMDH) by the end of January 2025, marking an increase of 24.6% compared to the same period in 2024. In its recent Treasury Charges and Resources document (SCRT), the ministry emphasized that the revenues......
Morocco has embarked on a groundbreaking journey by exporting its first shipment of medical hashish, marking a transformative step in the nation’s cannabis industry. In partnership with Swiss pharmaceutical company Medropharm, the shipment successfully arrived at Geneva Airport on February 19,......
Morocco's investment landscape is being transformed by sustainability initiatives, with renewable energy taking center stage in the nation's economic development, according to Mohamed Benchaâboun, Director General of the Mohammed VI Investment Fund. Speaking at a conference in Rabat focused......
From Madrid to Barcelona, Spain’s vibrant economy is evident in bustling restaurants, packed hotels, and a thriving service sector. Recognized by The Economist as the world’s best-performing economy in 2024, Spain’s success is attributed in part to a distinctive migration policy that......
Morocco is preparing to tap international debt markets with a new euro-denominated bond issuance, its first since 2023, to help finance an ambitious infrastructure development program ahead of co-hosting the 2030 FIFA World Cup. Finance Minister Nadia Fettah Alaoui emphasized the country's current......
During a recent meeting between President Donald Trump and Japanese Prime Minister Shigeru Ishiba, the two leaders discussed the potential of a decades-old proposal to transport natural gas from Alaska to U.S. allies in Asia. Trump, alongside energy advisor Doug Burgum, presented the idea as a solution......
Best Biscuit Maroc (BBM), a subsidiary of Anouar Invest, has unveiled PICKËRS, a new premium snacking brand designed to elevate Moroccan confectionery to international standards. Backed by Swiss technical and technological expertise, this ambitious project represents a significant milestone in BBM’s......
The Moroccan textile industry is taking a significant step towards a more sustainable future, driven by a strategic transition to a circular economy model. With the support of a $1.7 million program funded by the International Finance Corporation (IFC), the sector is aiming to establish a recycling and......
Morocco has initiated plans to import 100,000 sheep from Australia to address a significant livestock shortage ahead of Eid Al-Adha. The decision comes as the country faces a 38% decline in national livestock numbers compared to 2016, exacerbated by persistent drought conditions. Government spokesman......
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