Economy
Morocco is on track to register a record year of cooperation with the European Bank for Reconstruction and Development, with new contracts expected to total around one billion dollars in 2025. Greg Guyett, the bank’s first Vice President, highlighted the figure as a sign of the strength of the......
The new Rabat Ryad train station officially opened its doors on Monday, marking a major upgrade to the Moroccan capital’s railway network. The announcement was made by the National Railways Office (ONCF) on its official social media page. Strategically located in the Hay Ryad neighborhood near......
Morocco has strengthened its foothold in the German citrus market, posting record shipments of mandarins and clementines during the 2024/2025 export season. Trade data indicate that the country is moving beyond its traditional destinations and consolidating its position in Europe’s largest economy,......
Marsa Maroc has concluded a long term social peace agreement with its trade union partners, setting a stable framework for labor relations across its port operations through the end of 2030. Signed in Mohammedia, the accord brings together the company and five representative unions, UMT, ODT, CDT, FDT,......
The Moroccan Forum of Cultural and Creative Industries (FOMICC) opened in Rabat for its third edition, showcasing the growing cultural sector's ambition to play a pivotal role in the national economy. Running from December 11 to 14 at the National Institute of Music and Choreographic Arts (INSMAC),......
Morocco’s Competition Council has issued a stark warning about the nation’s lack of strategic grain reserves, leaving the market vulnerable to shocks caused by droughts, global instability, or geopolitical crises. The Council emphasized that building such reserves is critical to ensuring......
The African Development Bank (AfDB) has approved a €150 million credit line for Morocco’s Municipal Equipment Fund, aiming to support local development projects across the country. The initiative seeks to enhance infrastructure, climate resilience, and connectivity, with a particular focus......
Airbus has finalized the acquisition of Spirit AeroSystems’ Casablanca facility, marking a significant step in consolidating its global supply chain. Announced on Monday, the deal highlights Airbus’s commitment to Morocco as a “key country” for expanding its aviation manufacturing......
In 2024, Moroccan households enjoyed a notable improvement in purchasing power, fueled by rising incomes and low inflation rates, as highlighted in newly released national accounts data by Morocco’s High Commission for Planning (HCP). Household disposable income surged by 6.7%, reaching MAD 1.059......
British energy company Sound Energy PLC has announced a major milestone in Morocco’s Oriental region as the Tendrara gas project begins initial commissioning. The first gas has entered the gas gathering system at the TE-5 Horst production concession, preparing for long-term production into the......
Morocco ranked as Turkey’s third-largest Arab customer during the first ten months of 2025, according to official data released by Türkiye’s Statistical Institute (TURKSTAT). Between January and October, Moroccan imports of Turkish goods reached an estimated 3.63 billion USD, or 36.3......
The MEDays 2025 Summit in Tangier highlighted Morocco’s unique position to redefine its global identity through innovation, diplomacy, and cultural outreach. A panel discussion titled “Nation Branding: Harnessing the Kingdom’s Strengths to Redefine & Maximize the ‘Moroccan’......
Morocco’s National Office of Electricity and Potable Water (ONEE) has announced the prequalification process for contractors to construct nearly 1,000 kilometers of ultra-high voltage transmission lines connecting Boujdour and Tensift. This ambitious project aims to enhance Morocco's national......
