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Economy



Morocco enhances transport sector with new safety and service quality standards

Morocco's Minister of Transport and Logistics, Abdessamad Kayouh, has recently unveiled a comprehensive reform plan aimed at modernizing the nation’s transport sector. This initiative is centered on improving public safety, upgrading infrastructure, and enhancing service quality across diverse......

Morocco's new initiative to enhance job prospects for youth without diplomas

The Moroccan government has unveiled a bold new initiative aimed at improving job prospects for youth lacking formal qualifications. This groundbreaking program marks a significant shift in employment strategies, focusing on inclusion and practical support for a demographic that has often been overlooked. In......

Spain praises Morocco for vital blackout recovery support

Spain has expressed profound gratitude to Morocco for its significant assistance in resolving the massive blackout that recently afflicted the country, impacting tens of millions across the Iberian Peninsula. In a week marked by widespread disruption to businesses, hospitals, transit systems, and cellular......

Morocco highlights investment potential at 'Morocco Now' conference in Madrid

Morocco showcased its economic strengths and investment opportunities during the “Morocco Now” conference held on Tuesday in Madrid. The event, themed “Investing together for a sustainable and shared future,” attracted major economic players from both Morocco and Spain. It aimed......

Morocco's housing support program benefits thousands and boosts economy

Morocco’s Direct Housing Support Program has successfully reached 48,000 beneficiaries since its inception on January 2, 2024. The program has secured funding totaling MAD 3.8 billion (approximately $380 million), according to Fatima Zahra El Mansouri, Minister of National Territory Planning, Urban......

Morocco's military expenditure increases as regional tensions rise

Morocco's military spending has seen a notable increase of 2.6% in 2024, amounting to $5.5 billion. This growth is largely attributed to an enhanced personnel budget for the Royal Armed Forces (FAR) and aligns with a broader global trend, where military expenditures have surged by 9.4% compared to......

Moroccan energy company launches initiative to boost industrial energy efficiency

Morocco’s journey in energy transition appears to be on track, as the country’s energy efficiency approach is projected to yield energy savings of 20% by 2030. The Moroccan Energy Investment Company (SIE) has recently launched a call for interest aimed at selecting industrial companies that......

La tour Mohammed VI set to redefine Africa’s skyline

A new architectural landmark for Morocco La tour Mohammed VI, soon to be inaugurated, is poised to claim its place as the tallest building on the African continent. Rising majestically along the banks of the Bouregreg River, this striking structure will not only transform the Rabat–Salé......

Strengthening ties: Finland and Morocco explore trade cooperation

The Minister of Foreign Affairs, African Cooperation and Moroccans Abroad, Mr. Nasser Bourita, met on Monday, April 28, 2025, in Rabat, with Mr. Ville Tavio, the Minister of Foreign Trade and Development of Finland. Mr. Tavio is visiting Morocco from April 28 to 30, accompanied by a delegation of businesses......

Morocco shines as guest of honor at China-Arab business conference

Organizers have designated Morocco as the guest of honor at the high-profile gathering of the 11th China-Arab Business Conference, which kicked off today in Haikou, China. The two-day event, part of the larger China-Arab States Cooperation Forum, is set to bring together over 1,000 participants, including......

U.S. expresses interest in Morocco-Nigeria gas pipeline investment

The United States has signaled its interest in investing in the Nigeria-Morocco Gas Pipeline project, as reported by Voice of Naija. This announcement was made by Nigeria’s Minister of Finance, Wale Edun, during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank. Edun......

Morocco’s high-speed rail connecting Casablanca and Tangier

The Casablanca–Tangier High-Speed Line has become a powerful symbol of Morocco’s modernization and progress. Launched in 2018, this pioneering project the first high-speed train service in Africa has revolutionized travel between the country’s major cities and enhanced Morocco’s......

World Bank report highlights challenges for businesses in Morocco's informal sector

A new World Bank report has spotlighted a troubling trend within the Middle East and North Africa (MENA): since 2000, per capita GDP growth in the region has consistently lagged behind that of comparable economies. This stagnation is largely attributed to the underperformance of the private sector, which......

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