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Economy



Moroccan government faces criticism over failed job creation pledge

The Moroccan government has fallen significantly short of its ambitious promise to create one million jobs during its current term, according to a new report by the Omega Center for Economic and Social Studies. Despite some gains in urban employment, the country has experienced a net loss of 99,000 jobs......

Trump's $100,000 H-1B visa fee disrupts global markets and shakes Indian IT sector

The unprecedented $100,000 fee imposed by President Donald Trump on new H-1B visa applications has sent shockwaves through global markets, with Asian and European stock exchanges reacting cautiously to the policy. The measure, effective September 21, 2025, marks a significant increase from the existing......

FTX to distribute $1.6 billion to creditors as recovery efforts surpass $7 billion

FTX, the once-dominant cryptocurrency exchange that collapsed in 2022, is set to distribute $1.6 billion to creditors starting September 30, 2025. This marks a significant milestone in the ongoing U.S. bankruptcy proceedings, with repayments overseen by a court-appointed recovery team. A structured......

Cafés and consumer rights: Federation clarifies amid controversy

A recent controversy has stirred public debate in Morocco after reports surfaced of cafés in major cities and tourist areas asking customers to renew their orders after one or two hours, or even limiting the time they can remain seated. Traditionally, cafés have been more than just places......

Moroccan business confederation seeks investment opportunities in Mexico

The General Confederation of Moroccan Enterprises (CGEM), led by its president Chakib Alj, is undertaking a high-level economic mission to Mexico from September 22 to 25, 2025. Organized in close collaboration with the Embassy of Morocco in Mexico City, the visit aims to strengthen economic and trade......

TotalEnergies Morocco: +32% stock growth potential over the next 12 months

TotalEnergies Morocco is projected to achieve a potential stock market appreciation of +32% over the next 12 months, according to estimates by Attijari Global Research (AGR). In its September Equity Report, AGR highlighted that preliminary indicators from the company’s first-half 2025 performance......

Casablanca port development reinforces Morocco’s global maritime ambitions

Morocco has unveiled transformative upgrades to the Casablanca Port Complex, part of a strategic vision to bolster its international maritime stature while enhancing economic and tourism potential. The project, inaugurated by His Majesty King Mohammed VI, reflects the country’s efforts to position......

Morocco joins global FIT partnership to amplify trade influence

Morocco has become a founding member of the newly launched Future of Investment and Trade Partnership (FIT), a coalition of 14 nations aimed at strengthening the global trade influence of small and medium-sized economies. The initiative, formalized during a virtual ministerial meeting on September 16,......

India seeks to deepen defense ties with Morocco during official visit by Rajnath Singh

India’s Defense Minister Rajnath Singh is set to embark on a four-day visit to Morocco, signaling New Delhi’s growing interest in strengthening its defense and industrial partnerships across Africa. The trip underscores India’s ambition to expand its footprint in the region, offering......

Morocco-France economic forum to spotlight southern provinces as investment hub

The Morocco-France Economic Forum will convene in Dakhla on October 9, bringing together over 50 French companies, including several CAC 40 giants, to explore Morocco’s southern provinces as a rising investment destination. The forum aims to deepen bilateral ties and highlight new opportunities......

Taqa Morocco posts 17% profit drop in first half of 2025

Taqa Morocco, the operator of the Jorf Lasfar coal-fired power plant, has reported a 17% drop in net profit for the first half (H1) of 2025. Net profit fell to MAD 437 million ($48.7 million), down from MAD 526 million ($58.6 million) in the same period last year. The decrease was largely attributed......

EBRD grants €10M loan to boost youth entrepreneurship in Morocco

The European Bank for Reconstruction and Development (EBRD) has approved a €10 million loan to Fondation Arrawaj, one of Morocco’s leading microfinance institutions. The financing aims to empower young entrepreneurs and small businesses, particularly in regions affected by the Al Haouz 2023......

MENA shifts toward renewables, nuclear, and gas as energy demand surges

The International Energy Agency (IEA) released a new report analyzing energy diversification strategies in the Middle East and North Africa (MENA). The report highlights that MENA has become one of the fastest-growing contributors to global electricity demand since 2000, with demand tripling by 2024.......

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