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Economy



AFD director general emphasizes investment potential in Morocco’s southern provinces

The general director of the France Development Agency (AFD), Rémy Rioux, has underscored the significance of development projects in Morocco’s southern provinces, particularly in Laayoune and Dakhla. During his recent visit, Rioux affirmed that these regions warrant increased investment......

Spain’s port official commends Morocco’s advanced port infrastructure

Santiago J. Castella Surribas, president of the Port of Tarragona in Spain, recently lauded Morocco’s impressive progress in port infrastructure, recognizing the country’s significant advancements in the sector over the past 25 years. According to Castella, Morocco has successfully modernized......

BRICS Bank shows interest in Morocco's membership, seeks expansion

The New Development Bank (NDB) of the BRICS coalition is expressing a keen interest in welcoming Morocco as a new member. This information was disclosed by the bank's Chief Operating Officer, Anand Kumar Srivastava, during a recent conference in Rabat focused on government procurement aligned with......

Morocco and Japan strengthen fisheries collaboration for sustainable growth

Morocco’s Secretary of State in charge of Maritime Fisheries, Zakia Driouich, convened with Japan’s Ambassador to Morocco, Nakata Masahiro, on Tuesday in Rabat to deliberate on enhancing bilateral cooperation within the fisheries sector. This meeting underscored a mutual commitment to deepen......

Morocco aims for stronger Arab representation in ICAO Council

In a significant move for regional aviation, the Arab Civil Aviation Organization (ACAO) has officially endorsed Morocco, among other Arab nations, as candidates for the International Civil Aviation Organization (ICAO) Council. This decision, made during an extraordinary general assembly in Rabat, also......

Morocco enhances trade relations with the UK during London summit

The British government has reaffirmed its commitment to strengthening ties with Morocco during the recent Morocco Capital Markets Days conference held in London’s financial district. Ben Coleman, the UK’s Trade Envoy to Morocco and West Africa, representing Prime Minister Keir Starmer, characterized......

Morocco's ambitious plans for renewable energy and strategic minerals

Moroccan Minister of Energy Transition and Sustainable Development, Leila Benali, has proclaimed that Morocco is on a determined path to emerge as a regional hub for renewable energy and strategic minerals. Her remarks came during the 4th edition of the Europe-Africa Forum held in Marseille, where Morocco......

Barid Al-Maghrib enhances digital transformation for architects in Morocco

Morocco’s postal service and architects have joined forces to transform architectural practices through digital innovation. Barid Al-Maghrib (Poste du Maroc) and the National Council of the Order of Architects (CNOA) recently signed a pivotal partnership agreement aimed at advancing digitalization......

Morocco's job market recovery: 282,000 jobs created in early 2025

Morocco’s unemployment rate has experienced a notable decrease of 0.4% in the first quarter of 2025, dropping from 13.7% to 13.3% compared to the same period last year, as reported by the Higher Commission for Planning (HCP). This improvement is attributed to the creation of 282,000 jobs, marking......

Moroccan exporters strengthen ties with Egypt through trade mission

In a significant effort to enhance trade relations, a delegation of Moroccan exporters is poised to visit Cairo this weekend. This initiative aims to explore new business opportunities and bolster the exchange of goods between Morocco and Egypt, as stated by the Moroccan Confederation of Exporters (ASMEX). Comprising......

Morocco's substantial investment in butane gas subsidies

The Moroccan government grapples with the significant financial burden of subsidizing butane gas, as highlighted by Fouzi Lekjaa, the Minister Delegate in charge of the Budget. Annually, the country allocates over MAD 15 billion to support this essential household fuel, with the average subsidy for each......

UKEF CEO Tim Reid highlights Morocco's role as a gateway to African markets

In a wide-ranging interview, the Chief Executive Officer of UK Export Finance (UKEF), Tim Reid, emphasized Morocco's significance as a strategic entry point to African markets. During his recent visit to the kingdom, Reid engaged with government officials and private sector representatives to explore......

Morocco's tomato exports to Norway soar to 5,000 metric tons

Recent statistics reveal that Morocco's tomato exports to Norway have reached a remarkable milestone, with 5,000 metric tons shipped from July 2024 to March 2025. This figure marks a significant 37.9% increase compared to the same timeframe last season, according to data from EastFruit. The total......

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