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Economy



Four Moroccan companies rank among Forbes Top 100 in 2025

Four Moroccan companies have earned spots in Forbes Middle East’s Top 100 Listed Companies 2025, a ranking that highlights the region’s most prominent businesses based on market value, profits, assets, and sales. The featured companies include Attijariwafa Bank, Maroc Telecom, Bank of Africa,......

Boeing strengthens aerospace ties with Morocco through new partnership

American aerospace leader Boeing is solidifying its relationship with Morocco's aviation sector at the 55th International Paris Air Show, taking place from June 16 to 22. This partnership highlights Boeing's commitment to enhancing its global supply chain while supporting the burgeoning aerospace......

Morocco strengthens green future with aligned energy and transport strategies

Two key ministers gathered in Rabat to enhance Morocco’s commitment to sustainability, focusing on integrating clean energy into the nation’s transport systems. Ministers unite for a low-carbon agenda Leila Benali, Minister of Energy Transition, and Abdessamad Kayouh, Minister of Transport......

Dakhla as a strategic bridge between Africa and Latin America

The Dakhla-Oued Eddahab region, thanks to its economic potential and strategic geographic location, serves as a vital link connecting Africa and Latin America, stated Marco Tulio Gustavo Chicas Sosa, the Ambassador of Guatemala to Morocco, during his visit to Dakhla. Ambassador Chicas Sosa emphasized......

Strengthening cargo security: Morocco and the United States deepen strategic cooperation

Abdellatif Amrani, Director General of the Moroccan Customs and Indirect Tax Administration, and Donald Conroy, Executive Director for International Operations and Advisory at the U.S. Customs and Border Protection, signed a Declaration of Principles in Rabat confirming Morocco’s participation......

Syria Executes First Direct International Bank Transfer via SWIFT Since Civil War

Syria has taken a significant step towards reintegration into the global financial system by successfully completing its first direct international bank transfer through the SWIFT payment network since the onset of its prolonged civil war. This historic transaction marks an important milestone in Syria’s......

Remote work rises in Morocco, but workers face lack of legal protections

The rise of remote and app-based work is transforming Morocco’s job market, offering new opportunities and flexibility. However, many workers in these growing sectors face significant challenges, including low wages, no health insurance, and a lack of job security, according to a new report by......

€1.6bn pledged by EU investment bank for Spain-France power link

The European Investment Bank (EIB) has committed €1.6 billion to finance the Bay of Biscay electricity interconnection, a critical project aimed at strengthening energy links between Spain and France. This initiative comes in response to Spain’s calls for improved infrastructure following......

EasyJet cabin crews in Spain to strike for improved wages from 25-27 June

EasyJet cabin crews stationed in Spain are set to initiate a three-day strike starting on 25 June, as announced by the USO union. This action comes at the onset of the holiday season and aims to advocate for higher wages. A spokesperson for EasyJet confirmed that the airline plans to maintain normal......

Morocco advances industrial sovereignty with $12.49 billion in new projects

On Monday, Industry and Trade Minister Ryad Mezzour announced the selection of 1,839 industrial projects aimed at enhancing Morocco’s industrial sovereignty. These projects, chosen by June 10, represent a total investment of MAD 124.9 billion ($12.49 billion). The initiative seeks to strengthen......

Morocco’s tax revenues surge to MAD 220 billion in 2024, driven by digital reforms

Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......

Sound Energy and Gaia join forces to boost Morocco’s solar energy capacity

British company Sound Energy has partnered with Gaia Energy Ltd. to develop up to 270 megawatts of solar power at multiple sites across Morocco, marking a significant step in reducing the country’s reliance on imported fossil fuels while advancing its clean energy goals. A strategic partnership......

Spain’s rental market crisis: where did 150,000 homes go?

A staggering 150,000 residential properties have vanished from Spain’s long-term rental market since 2023, leaving many Spaniards struggling to find affordable housing. Experts suggest the controversial Housing Law, combined with landlords’ pursuit of higher profits and legal uncertainties,......

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