Economy
The Belgian Embassy in Rabat hosted a gala event on Thursday to commemorate the 100th anniversary of the Belgian-Luxembourg Chamber of Commerce in Morocco (CCBLM). The event celebrated a century of economic cooperation, mutual ambition, and strong ties between Morocco, Belgium, and Luxembourg. Held......
Royal Air Maroc (RAM) has announced an ambitious expansion of its domestic flight network, enhancing connectivity to Morocco’s southern provinces and supporting regional development. The new routes are part of a partnership with the regions of Dakhla-Oued Eddahab, Laayoune-Sakia El Hamra, and Guelmin-Oued......
Morocco’s Minister of Foreign Affairs, Nasser Bourita, has urged Belgian businesses to seize investment opportunities in Morocco’s southern provinces, emphasizing the region’s potential as a hub for development and cooperation within Africa. Speaking at a joint press conference with......
Morocco’s growing prominence as a regional trade and financial hub has drawn renewed attention from the World Bank, which praised the North African country’s progress while urging continued reforms to unlock the full potential of its capital markets. In its latest assessment, the World Bank......
Morocco is intensifying its energy transition with the 2026 draft finance bill, reinforcing long-term strategies to expand renewable energy, advance green hydrogen projects, and modernize the country’s energy infrastructure. Since the launch of its National Energy Strategy in 2009, Morocco has......
Morocco and Spain are moving to strengthen their economic ties as both nations prepare to co-host the 2030 FIFA World Cup alongside Portugal. The initiative reflects a shared vision for sustainable growth and deeper regional integration. Morocco’s General Confederation of Moroccan Enterprises......
Morocco’s draft 2026 Finance Bill introduces sweeping reforms designed to strengthen economic sovereignty, modernize customs oversight, and provide targeted support for local industries. The proposals aim to combat informal activities, incentivize sports enterprises, and align the country with......
Morocco is preparing to raise monthly child allowances in 2026 as part of a broader expansion of its direct social support program for low-income families. The plan also extends assistance to orphans and neglected children living in social care institutions, reinforcing the country’s commitment......
Morocco has once again raised its defense spending, allocating MAD 157.171 billion ($15.7 billion) for 2026, according to the draft finance law submitted to parliament. The funds are earmarked for the acquisition and maintenance of equipment for the Royal Armed Forces (FAR) and to support the growth......
Morocco’s draft Finance Bill for 2026 sets forth a plan to create 36,895 new public sector positions across various ministries and state institutions, forming a central part of the government’s recruitment strategy for the next fiscal year. Of these, 500 positions will fall under the direct......
Africa’s aviation industry faces a crisis of over-taxation that threatens to deepen youth unemployment and migration across the continent, according to Esayas Woldemariam Hailu, CEO of ASKY Airlines. Speaking at a World Bank summit in Washington, D.C., Hailu warned that excessive levies on airline......
Morocco’s 2026 Finance Bill, reviewed during a Ministerial Council chaired by His Majesty King Mohammed VI at the Royal Palace in Rabat, aims to drive the country toward sustainable economic growth and social equity. The bill was presented by Minister of Economy and Finance Nadia Fettah, who highlighted......
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, affirmed that the kingdom’s economic partnership with Israel remains robust, even though its pace has moderated since the initial surge following the trilateral agreement with the United States and Israel in 2020. During an......
