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Economy



Morocco’s industrial imports soar 132% as high-tech investments grow

Morocco’s appetite for industrial equipment has surged over the past decade, reflecting the country’s growing transformation into a high-tech, industrialized economy. The value of imported industrial equipment climbed from MAD 77 billion in 2014 to nearly MAD 179 billion in 2024, marking......

Morocco’s e-commerce revolution reshapes its digital economy

Morocco’s digital marketplace has undergone a profound transformation in the last five years, redefining how consumers shop and businesses sell. Online retail has shifted from a niche activity to a major driver of national growth, reflecting the country’s growing embrace of technology and......

Mohamed El Kettani named African banker of the year at AFIS Awards 2025

Casablanca, November 5, 2025 — Mohamed El Kettani, Chairman and Chief Executive Officer of Attijariwafa bank, has been awarded the prestigious title of “African Banker of the Year” at the AFIS Awards 2025. Leading Morocco’s largest banking group since 2007, El Kettani has been......

Cash Plus IPO: 750 million MAD in shares

The Moroccan Capital Market Authority (AMMC) approved on Friday the prospectus for the initial public offering (IPO) of Cash Plus, marking a significant step in the development of Morocco’s financial sector. The operation involves the issuance of 2 million new shares and......

CGEM 2025 barometer highlights progress in responsible governance among Moroccan companies

The General Confederation of Moroccan Enterprises (CGEM) has released the findings of its third Barometer of Responsible Governance, highlighting significant progress in corporate governance among Moroccan publicly listed companies. The announcement, made in Casablanca under the leadership of CGEM Vice......

Morocco upgrades urban transport with 257 new buses under nationwide program

Morocco has bolstered its urban transport infrastructure with the arrival of 257 new buses at the Port of Casablanca. This marks the first phase of the 2025–2029 Urban Public Transport by Bus Program, a nationwide initiative aimed at modernizing mobility and enhancing public transport services......

How multi-currency accounts transform international payments for Moroccan businesses

For Moroccan businesses operating globally, whether exporting products to Europe, importing from South America, or freelancing for international clients, navigating traditional banking systems can be fraught with challenges. Outdated processes, hefty fees, and unfavorable exchange rates often hinder......

Royal Air Maroc expands domestic flights, strengthens links to southern provinces

Royal Air Maroc (RAM) has announced an ambitious expansion of its domestic flight network, enhancing connectivity to Morocco’s southern provinces and supporting regional development. The new routes are part of a partnership with the regions of Dakhla-Oued Eddahab, Laayoune-Sakia El Hamra, and Guelmin-Oued......

Royal Air Maroc and China Eastern Airlines strengthen Africa-China air links

Morocco’s national carrier Royal Air Maroc (RAM) and China Eastern Airlines have signed a strategic memorandum of understanding (MoU) to enhance air connectivity between Africa and China. The agreement, signed by RAM CEO Hamid Addou and Wang Zhiqing, Chairman of China Eastern Airlines, aims to......

Morocco to revise 2026 budget with stronger focus on health and education

Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......

Hop Lun strengthens global production network with new acquisitions in Morocco

Hop Lun, a leading international manufacturer of lingerie and swimwear, has expanded its global operations through the acquisition of two Moroccan companies, marking a significant step in its strategic growth plan. The move establishes a new production hub in Morocco, enhancing the company’s proximity......

EBRD praises Morocco’s progress in renewable energy and industrial expansion

The European Bank for Reconstruction and Development (EBRD) has commended Morocco for its remarkable achievements in sustainable development, highlighting its growing role as a regional leader in the green transition and industrial modernization. A model of strategic vision and sustainability In an......

Morocco targets unified and sustainable mobility system for 2030 World Cup

Morocco is advancing its development strategy to meet global benchmarks as it prepares to co-host the 2030 FIFA World Cup, said Abdessamad Kayouh, Minister of Transport and Logistics. Speaking at the international seminar “Accessibility and Mobility in Urban and Peri-Urban Areas: Challenges and......

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