Economy
Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......
ENGIE North Africa has announced the appointment of Rik De Buyserie as its new Chief Executive Officer, succeeding Loïc Jaegert-Huber. The leadership change signals a strategic pivot toward advancing sustainable energy solutions across the region. A vision for energy transformation De Buyserie,......
Morocco, the world leader in sardine canning, is grappling with an unprecedented crisis that endangers both its industrial foundations and the livelihoods of thousands of workers. The sector, which has long been a pillar of the national economy, is now under severe strain due to structural imbalances,......
Morocco has achieved a significant milestone by becoming the first left-hand drive market in Africa—and among the first globally—to welcome the compact Nissan Magnite SUV. Initially launched in 2020, the Magnite represents a key step for the automobile giant as it strengthens its presence......
European aircraft manufacturer Airbus has expressed its intention to strengthen ties with Morocco, leveraging the country’s rapidly growing aviation industry. Speaking at the 55th Paris Air Show, Wouter Van Wersch, Airbus’s executive vice president for international affairs, highlighted Morocco’s......
The National Railway Office (ONCF) has rolled out its “Summer 2025” plan to handle the surge in passenger traffic during the peak travel season. Running from June 23 to September 14, the initiative aims to enhance travel experiences for domestic passengers, Moroccan expatriates, and tourists......
Morocco’s cost of living experienced a modest decline in May, providing temporary relief to households following months of price instability. However, year-on-year inflation continues to weigh on budgets, highlighting the ongoing financial strain faced by many families. Monthly dip driven by food......
A groundbreaking mixed-use development by ALARGAN is set to transform Casablanca’s urban landscape, offering a seamless blend of living, working, and leisure spaces. With a focus on sustainability, contemporary design, and vibrant community life, the project reflects ALARGAN’s vision of creating......
Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......
Morocco and the United States have strengthened their customs cooperation by signing a new bilateral Container Security Initiative (CSI) agreement in Rabat. This initiative aims to enhance cargo security while facilitating the increasing volume of trade between the two nations. The agreement, which......
Morocco is solidifying its status as a global leader in the aerospace industry, with 150 companies operating nationwide and generating an annual revenue of €2.5 billion. The sector currently employs 26,000 professionals and is poised for significant expansion in the coming years. A growing aerospace......
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,......
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......
