Morocco's government is embarking on an ambitious plan to balance economic stability with essential social welfare investments. Minister of Economy and Finance, Nadia Fettah, recently announced that the country’s budgetary programming for 2025-2027 will prioritize reducing the budget deficit while ensuring the sustainability of long-term......

Spain’s second-largest bank, BBVA, has received approval from Morocco's central bank, Bank Al-Maghrib, for the indirect change in control of Banco Sabadell’s operations in the country. This development marks a significant step in BBVA's broader strategy to enhance its presence in North Africa. Banco Sabadell has been operating......

Morocco has been chosen to host the 6th Global Conference on the Elimination of Child Labor in 2026, marking a significant milestone as it becomes the first Arab nation to welcome this international event. The decision was made unanimously by the Governing Body of the International Labour Organization (ILO) during its 353rd session in Geneva. This......

Hundreds of people gathered across Morocco on Tuesday evening to protest against the recent Israeli airstrikes on Gaza. Major demonstrations took place in cities such as Casablanca, Rabat, and Tangier, condemning the latest military actions by Israel, which resulted in hundreds of casualties. The protesters, waving Palestinian flags and holding......

The International Monetary Fund (IMF) has announced the approval of a $496 million disbursement to Morocco under the Resilience and Sustainability Facility arrangement. This marks the third tranche of funding, bringing the total disbursed to approximately $1.24 billion. The announcement highlights Morocco's economic resilience amidst ongoing......

Morocco has firmly established itself as Spain’s foremost African trading partner, achieving remarkable bilateral trade figures in 2024. Recent data from the Spanish Ministry of Economy, Trade and Enterprise reveals that trade between the two nations surged to €22.7 billion, marking a significant milestone in their economic relationship. Record-breaking......

Trade relations between Azerbaijan and Morocco are witnessing a remarkable upswing, with a reported 56% increase in trade volume during the first two months of 2025 compared to the same period in 2024. This surge, as reported by the Azerbaijani State Customs Committee, reflects a robust strengthening of bilateral economic ties. This impressive......

Morocco's central bank, Bank Al-Maghrib (BAM), anticipates a modest rise in the country's grain harvest this year, though outcomes are expected to fall short of government projections. In a recent press conference, the Governor of BAM, Abdellatif Jouahri, revealed that the estimated grain harvest for the current season is projected......

A recent meeting in Washington, D.C., between Morocco's Minister Delegate for Digital Transition, Amal El Fallah Seghrouchni, and U.S. officials marked a significant step in enhancing the Morocco-U.S. partnership in digital transition and technological innovation. The discussions, which took place on March 17, 2025, aimed to invigorate......

Marrakech, recognized as Morocco's tourism capital, continues to draw thousands of visitors, particularly during the holy month of Ramadan. The National Confederation of Tourism (CNT) emphasizes the city's ongoing appeal and strategic efforts by local stakeholders in the tourism sector. Mustapha Amalik, the CNT Secretary General,......

Morocco’s tax authority, La Direction Générale des Impôts (DGI), has issued a statement urging businesses to electronically submit their declarations for the year 2024 by April 1, 2025. This initiative emphasizes the importance of compliance, particularly for companies with significant annual turnovers. Businesses......

During a debate held on Thursday, Fatim-Zahra Ammor, Morocco’s Minister of Tourism, Handicrafts, and Social and Solidarity Economy, provided insights into the government’s initiatives and ambitions regarding investment in small and medium-sized enterprises (SMEs) and support for startups in the tourism sector. She highlighted the......

Morocco is making strides in expanding its diplomatic and economic partnerships across Africa. In a significant meeting held in Rabat, Foreign Minister Nasser Bourita welcomed Caleb Fundanga, the special envoy of Zambian President Hakainde Hichilema. Fundanga delivered a written message from President Hichilema to King Mohammed VI, underscoring......