Economy
The rapprochement between Morocco and South Korea is taking on a new dimension. By 2026, the Kingdom is among the seven partners identified by Seoul to engage in new trade discussions, as part of a strategy aimed at diversifying its markets and strengthening the resilience of its supply chains. This......
Remittances sent by Moroccans living abroad continued to grow during the first seven months of 2026, providing an important source of foreign currency for the Moroccan economy. According to the latest figures released by Morocco’s Foreign Exchange Office, transfers from Moroccans residing abroad......
Tangier Med Port has significantly reduced the average time vessels spend waiting to berth, with the median waiting period falling to less than seven hours during the final week of August 2026. The improvement comes as the Moroccan port continues to handle growing volumes of maritime traffic and cargo. Data......
Russia is stepping up efforts to transform the Arctic into a major international trade corridor, betting on the Northern Sea Route to strengthen its position in global shipping and expand commercial links with China and other Asian economies. The strategy comes as international interest in Arctic shipping......
Morocco recorded a notable increase in tourist arrivals from Azerbaijan during the first half of 2026, highlighting the growing momentum in tourism ties between the two countries. According to available statistics, 1,427 Azerbaijani tourists visited Morocco between January and June 2026, compared with......
The United States' Strategic Petroleum Reserve has fallen to its lowest level in more than four decades, according to the latest data released by the U.S. Department of Energy. The reserve held approximately 286.6 million barrels on August 28, marking its lowest recorded level since November 19,......
The U.S. Federal Trade Commission (FTC), joined by attorneys general from 22 states, has filed a lawsuit against Amazon, accusing the e-commerce giant of secretly increasing the prices businesses pay for advertising on its platform. According to the complaint, Amazon allegedly altered its advertising......
Morocco is continuing to establish itself as a leading winter destination for French motorhome enthusiasts seeking sunshine, freedom and a change of scenery. The country’s growing popularity among this group has been highlighted by Le Monde du Camping-Car, which recently featured the experiences......
Morocco is consolidating its position as one of Africa’s more integrated economies in regional industrial value chains, particularly in automotive components and aerospace, according to a recent World Bank report on economic integration across the continent. The report, titled “Africa Integration:......
Morocco welcomed nearly 9.4 million visitors during the first six months of 2026, marking a 6% increase compared with the same period a year earlier and confirming the continued strength of the country’s tourism sector. According to the latest economic outlook published by Morocco’s Directorate......
The Nador West Med port is set to strengthen Morocco’s position within the maritime transport network linking North Africa with European markets, as a new weekly container service is scheduled to begin operations on September 10, 2026. The service will be operated by Dutch shipping company WEC......
Morocco has recorded a significant increase in the number of ultra-high-net-worth individuals over the past five years, highlighting the gradual expansion of private wealth in the country despite the considerable gap separating Morocco from the world’s major wealth hubs. According to the 2026......
The European Union could face a gas shortage this winter if relatively low storage levels coincide with a prolonged period of unusually cold weather, European Commissioner for Climate Action Wopke Hoekstra has warned. In an interview with Euronews, Hoekstra urged EU member states to continue replenishing......
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