Economy



Tanger Med braces for surge in diverted ships amid Middle East tensions

Tanger Med, Africa's largest container terminal, is preparing for a potential increase in ship calls as escalating tensions in the Middle East prompt major shipping companies to reroute vessels. Idriss Aarabi, the port’s director general, told Reuters that the port is taking steps to prevent......

Casablanca strengthens its global standing in financial centers ranking

Casablanca continues to reinforce its position as a leading financial hub in Africa, according to the latest edition of the Global Financial Centres Index (GFCI). The Moroccan city ranked 49th globally among 120 financial centers, gaining seven places over the past year. This progress highlights......

Francis Jespers named CEO of Allianz Trade Maroc

Allianz Trade has appointed Francis Jespers as CEO for Morocco effective March 1, 2026. He succeeds Stéphane Rutili, who is retiring after a distinguished career with the group. Jespers currently serves as Program Director for Northern Europe at Allianz Trade. He brings over 30 years of international......

Morocco and Côte d'Ivoire boost economic partnership

Omar Hejira, Morocco's secretary of state for foreign trade, visited Abidjan to meet Ivorian public and private sector leaders. The talks aimed to strengthen bilateral trade and advance balanced South-South cooperation focused on mutual development. This effort aligns with Morocco's 2025-2027......

IMF cuts Morocco's 2026 growth forecast to 4.4% amid global headwinds

The International Monetary Fund has revised down its growth projection for Morocco, now forecasting real GDP expansion of 4.4% in 2026 and 4.5% in 2027, with growth expected to stabilize around 4% over the medium term. The updated figures, released following the IMF Executive Board's 2026 Article......

Morocco’s airports record strong passenger growth at the start of 2026

Air traffic in Morocco continued to expand at the beginning of 2026, with airports across the country reporting a significant rise in passenger numbers during January. According to the Office National des Aéroports (ONDA), Moroccan airports handled more than 3.1 million passengers in January......

Revenue of listed companies on the Casablanca stock exchange rises by 9.9% in 2025

The overall revenue of companies listed on the Casablanca Stock Exchange recorded solid growth in 2025, reflecting positive momentum across several sectors of the Moroccan economy. According to a report published by BMCE Capital Global Research (BKGR), the combined turnover of listed......

Morocco’s ADM reports 20 percent revenue rise, expands highways for 2030 World Cup

Morocco’s national highway operator, Autoroutes du Maroc, posted a 20 percent increase in consolidated revenue in 2025, reflecting stronger traffic activity and a surge in construction works as the country accelerates infrastructure upgrades ahead of the 2030 FIFA World Cup. Revenue reached MAD......

SGTM revenue jumps to $1.52 billion as order book doubles

Moroccan construction and engineering group SGTM reported consolidated revenue of MAD 15.2 billion, or $1.52 billion, in 2025, up 36.6 percent from MAD 11.1 billion in 2024. The company linked the increase to faster execution of ongoing projects and the launch of major infrastructure programs. Fourth-quarter......

Moroccan handicraft exports rise 11% in 2025

Moroccan handicraft exports continued their upward trend in 2025, recording an 11% increase and reaching a total turnover of over 1.23 billion dirhams, according to the State Secretariat for Handicrafts and Social and Solidarity Economy. Traditional clothing saw the strongest growth, rising 75% and......

Hospitality:RISMA plans a 450 million dirham capital increase

RISMA, a hotel group listed on the Casablanca Stock Exchange, has announced plans for a capital increase worth 450 million Moroccan dirhams, aimed at supporting the growth of Morocco’s tourism sector. The company said the operation is part of its long-term development strategy, which focuses on......

Morocco attracts major British group to support strategic industries

The British company PowerForce Global, specialized in industrial maintenance solutions and human resources management in the energy sector, has officially launched its operations in Morocco as part of its expansion strategy in North Africa. According to reports by The Telegraph, the move reflects growing......

Morocco's business growth continues to accelerate with over 92,000 new registrations

Morocco’s entrepreneurial landscape is thriving, with an impressive tally of 92,232 new businesses registered by the end of October 2025, as reported by the Moroccan Office of Industrial and Commercial Property (OMPIC). These numbers reflect the country’s unwavering momentum in the realms......

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