The High Commission for Planning (HCP) has unveiled the findings of its National Household Living Standards Survey, conducted between March 2022 and March 2023. Based on data from 18,000 representative households across Morocco's regions and socioeconomic groups, the study highlights a structural......

A significant decline in Morocco's livestock population has prompted swift government action, including major import initiatives and support measures for local farmers. The national herd has decreased by 38% since 2016, as revealed by Agriculture Minister Ahmed Bouari during a recent press conference. The......

In the context of reshaping trade exchanges, a delegation from the Korea Importers Association, led by its president Kim Byung Kwan, held a business forum and consultations in Rabat to explore new opportunities with Morocco. The aim was to secure supplies and reduce dependence on traditional markets. During......

Bank Al-Maghrib has released the latest foreign exchange rates against the Moroccan dirham for Thursday, February 13, 2025. The rates include both buying and selling prices for major global currencies. The euro is trading between 9.8029 and 11.3925 dirhams, while the US dollar ranges from 9.3996 to......

Minister of Industry Ryad Mezzour emphasized the pivotal role of Morocco’s industrial sector in the national economy, revealing that it employs 1.1 million workers and encompasses approximately 13,000 companies. Speaking during a session at the House of Councillors, the minister highlighted the......

Morocco's economy is poised for robust growth of 3.9% in 2025, building on its 3.2% expansion in 2024, as the International Monetary Fund advises the nation's central bank to implement an inflation-targeting framework and enhance debt reduction initiatives. The country has demonstrated remarkable......

The National Railway Office of Morocco (ONCF) has successfully completed a landmark green bond issuance of 2 billion dirhams (MMDH), marking a significant step toward its 2035 carbon neutrality goal. This latest financial operation, managed by CDG Capital, garnered exceptional market interest with a......

A recent UN Trade and Development (UNCTAD) report highlights Morocco's strategic position in Africa's economic landscape while identifying key challenges and opportunities for growth. The 2024 Economic Development in Africa Report emphasizes how targeted reforms and investments could strengthen......

In a significant development for regional transportation, Mauritania has introduced a three-month multi-entry visa for Moroccan professional drivers engaged in international road transport. This new measure, announced by the Moroccan Embassy in Mauritania, applies to drivers operating between Morocco......

The Moroccan dirham experienced a minor depreciation of 0.2% against both the Euro and US dollar during the period of January 30 to February 5, according to Bank Al-Maghrib (BAM). This modest decline follows a period of exchange rate stability in the previous week. The central bank's weekly bulletin......

Despite active exploration efforts and international investment, Morocco's quest to develop substantial natural gas resources continues to yield modest results in the face of rising domestic energy consumption. Sound Energy CEO Graham Lyon highlighted the challenges and opportunities in the country's......

Swedish retailer H&M is strengthening its manufacturing presence in Morocco as part of a strategic response to potential US trade restrictions, according to the company's finance chief. This move represents a significant shift toward regional supply chains, with Morocco positioned as a key production......

Three Moroccan companies have received prestigious recognition at the 60th Arab High Committee for Standardization meeting in Rabat, highlighting Morocco's growing influence in regional manufacturing excellence. Sogea Maroc, SMCV, and Super Cerame were awarded the Arab Quality Award for their contributions......