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Economy



Morocco’s economy grows unevenly as regional disparities deepen

Morocco’s economy expanded by 3.7% in 2023, showcasing resilience amid global challenges. However, a new report by the High Commission of Planning (HCP) reveals that the benefits of this growth were not evenly distributed across the country, with significant regional inequalities persisting. The......

Morocco and the Gulf: forging a strategic economic alliance

In recent years, the relationship between Morocco and the Gulf states has evolved significantly, transitioning from political solidarity to a robust strategic partnership with far-reaching economic and developmental implications. This cooperation, built on mutual trust and shared interests, positions......

Royal Air Maroc strengthens cultural ties with Sao Paulo Biennale partnership

Royal Air Maroc (RAM) has been named the official carrier for the 36th Sao Paulo Biennale, the largest contemporary art event in Latin America. Scheduled from September 6 to January 11, the Biennale will showcase works from artists across Africa, Latin America, and Asia under the theme, “Not all......

Morocco rises as Africa’s third wealthiest nation with 7,500 millionaires

Morocco has solidified its position as the third wealthiest nation in Africa, boasting approximately 7,500 millionaires, according to the Africa Wealth Report 2025 by Henley & Partners in collaboration with New World Wealth. This achievement highlights the country’s economic resilience and......

Morocco secures €202 million to modernize Casablanca's rail network

Morocco’s National Railway Office (ONCF) has secured €202 million in financing from Germany's KfW Development Bank to upgrade the Greater Casablanca railway network. This funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain......

ONEE unveils $6.18 million hybrid power plant project in El Guerguarat

The National Office of Electricity and Drinking Water (ONEE) has initiated a tender for constructing a hybrid solar-diesel power plant with battery storage in El Guerguarat, marking a significant step in Morocco's renewable energy transition. The project, with an estimated cost of MAD 61.8 million......

Morocco launches first Agro Export Day to boost global food trade potential

Morocco will host its inaugural Agro Export Day on November 19, 2025, at the Hyatt Regency Casablanca. Organized by the National Federation of the Agri-Food Industry (FENAGRI), the event aims to elevate Moroccan agro-food exports and highlight the sector’s global competitiveness under the theme:......

Morocco-Europe shipping route revolutionizes fresh produce logistics

European logistics company Samskip has introduced the Moroccan Reefer Service (MRS), a new weekly maritime line connecting Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. The service offers a faster, more sustainable alternative for transporting fresh produce......

Royal Jordanian to launch direct Amman-Casablanca flights this October

Royal Jordanian Airlines is set to introduce direct flights between Amman and Casablanca starting mid-October, marking a significant milestone in strengthening ties between Jordan and Morocco. The new route was announced by Jordanian Ambassador to Morocco, Jumana Ghunaimat, who highlighted its importance......

Casablanca Stock Exchange ends the week on a positive note

The Casablanca Stock Exchange recorded a positive performance for the week of July 28 to August 1, 2025. The MASI, the market’s main index, rose by 0.85% to close at 19,570.63 points. The MASI 20, which reflects the performance of the 20 most liquid stocks, gained 0.92% to 1,609.11 points. Meanwhile,......

Moroccan travel spending abroad surges to MAD 15.5 billion in first half of 2025

Moroccans have spent over MAD 15.5 billion ($1.69 billion) on international travel during the first six months of 2025, according to data released by the Moroccan Exchange Office. This figure marks an 8.2% increase compared to the MAD 14.33 billion ($1.56 billion) spent during the same period in 2024. The......

Morocco’s aerospace exports soar to MAD 14.13 billion in first half of 2025

Morocco's aerospace industry has continued its remarkable growth, with exports reaching MAD 14.13 billion ($1.41 billion) during the first six months of 2025, an 8.8% increase compared to the same period last year, according to the Office des Changes. Decade of transformative growth The sector’s......

Casablanca stock exchange opens in green territory

Casablanca – The Casablanca Stock Exchange opened higher on Thursday, July 31, 2025, with its benchmark index, the MASI, rising by 0.3% to 19,505.4 points, reflecting positive investor sentiment. The MASI 20 index, which tracks the 20 most liquid stocks, also climbed by 0.37% to reach 1,604.03......

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