Economy



Morocco forecasts growth above 5.3% despite global energy pressures

Fouzi Lekjaa said Morocco’s economy continues to demonstrate resilience despite mounting international instability and rising energy prices, as the government projects economic growth above 5.3% in 2026. Speaking before the House of Councillors in Casablanca, the minister said the first four months......

Morocco and US seek to rebalance trade partnership in Rabat

Morocco and the United States held the ninth session of their Free Trade Agreement Joint Committee in Rabat as both countries moved to strengthen commercial ties and address growing concerns over trade imbalances. The meeting brought together Moroccan Industry and Commerce Minister Ryad Mezzour and officials......

Luxembourg identifies new investment opportunities in Morocco across key strategic sectors

Luxembourg's Economy Minister Lex Delles concluded a four-day economic mission to Morocco on May 7, wrapping up a visit that generated concrete cooperation leads in green finance, renewable energy, aerospace, and logistics. The mission, which ran from May 4 to 7, brought a delegation of 40 people......

Morocco's capital markets post mixed results in March as trading volumes rise

Morocco's capital markets delivered an uneven performance in the first quarter of 2026, with March trading activity picking up sharply even as several key indicators remained in negative territory for the year. The contrast between rising transaction volumes and declining valuations reflects cautious......

Label'Vie and Retail Holding announce merger targeting 47 billion dirhams in revenue by 2030

Two of Morocco's most prominent retail groups have announced plans to merge, marking a significant consolidation in the country's distribution sector. Label'Vie S.A. and Retail Holding S.A. have formally disclosed their intention to combine through an absorption operation, creating a unified......

Morocco's labor market reveals sharp regional employment gaps in early 2026

Morocco's labor market displayed pronounced regional disparities in the first quarter of 2026, with activity rates ranging from well above to significantly below the national average of 41.8%, according to data released by the High Commission for Planning. Six regions recorded participation rates......

Morocco pitches investment potential to Manchester business leaders amid UK ties

Morocco's ambassador to the United Kingdom, Hakim Hajoui, traveled to Manchester on Friday to present the country's investment opportunities to a broad audience of British business leaders, in a meeting designed to deepen economic ties between the two nations. The event reflected a deliberate......

Morocco’s natural gas imports drop 15% in 2026’s first quarter

Morocco’s natural gas imports fell by 15.0% year‑on‑year in the first quarter of 2026, bringing volumes to 1.98 terawatt‑hours over the first three months of the year, according to data from the Washington‑based energy platform Attaqa. While the quarter began with a notable year‑on‑year......

Fuel prices fall in Morocco after months of steady increases

Fuel prices in Morocco declined on May 1, marking the first drop after several months of continuous increases. Across multiple service stations, diesel prices fell by about one dirham per liter, while gasoline recorded a slightly larger decrease of around 1.10 dirhams. Average prices now stand near 14.50......

Attijari Payment and Africa-Exchange partner to modernize Morocco's currency exchange offices

Attijari Payment and Africa-Exchange signed a partnership agreement on April 28 in Casablanca to accelerate electronic payment adoption in Morocco's currency exchange sector. The deal targets manual foreign exchange operations and currency transactions handled by Africa-Exchange, an economic interest......

UnionPay International secures Casablanca Finance City status to anchor Africa operations in Morocco

UnionPay International has officially obtained Casablanca Finance City status for its Morocco branch, formally establishing the country as the Chinese payment network's regional headquarters for financial services across Africa. The company confirmed the designation in a press release issued Tuesday,......

Tanger Med handles 11 million containers, strengthens global port ranking

Morocco’s Tanger Med Group closed 2025 with consolidated revenue of 13 billion dirhams, marking a 16 percent increase from the previous year. The growth reflects sustained performance across its core sectors, including port operations, logistics, industrial zones, and services. At the center of......

Morocco launches health training program to boost youth employment

A new partnership in Morocco is targeting the gap between job seekers’ skills and the evolving needs of the healthcare sector. The initiative, known as the Promotion of Employment for the Health Sector program, aims to align training with labor market demand and improve job access for young people. The......

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