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Economy



Morocco’s grapefruit exports soar as Canada’s demand drives record growth

Morocco has achieved a remarkable milestone in the global grapefruit market, doubling its exports to Canada to 1,500 tonnes and generating $1.67 million during the 2024–2025 season. This success solidifies Morocco’s growing presence in a market that has been in long-term decline. According......

Chinese manufacturer Boway to establish $150 million production base in Morocco

Chinese alloy manufacturer Boway has unveiled plans to construct a state-of-the-art production facility in Nador, Morocco, marking a major step in the company’s global expansion strategy. Headquartered in Zhejiang, China, Boway specializes in producing alloy materials such as copper, brass, bronze,......

Mark Carney apologises to Trump over Reagan-inspired anti-tariff ad as trade talks remain frozen

Canadian Prime Minister Mark Carney has issued a formal apology to former U.S. President Donald Trump regarding a controversial advertisement launched by Ontario's government. The ad, which quoted Ronald Reagan’s critique of tariffs, drew Trump’s ire but failed to restart the stalled......

Morocco’s tourism revenues hit MAD 100 billion in first nine months of 2025

Morocco is steadily affirming its position as one of the region’s premier travel destinations, with tourism revenues reaching MAD 100 billion in the first nine months of 2025. The country welcomed 15 million visitors during this period, signaling robust growth in the sector. Data from the Foreign......

G7 forms alliance on critical minerals to challenge China's dominance

The Group of Seven nations has unveiled a landmark alliance aimed at bolstering the production of critical minerals, a move described by Canadian Energy Minister Tim Hodgson as a pivotal shift in efforts to lessen Western reliance on China's grip over resources vital for modern technology. Revealed......

EU threatens trade sanctions over China's rare earth export restrictions

The President of the European Commission, Ursula von der Leyen, has issued a stern warning to China, signaling that the European Union may deploy its most powerful trade weapon in response to Beijing’s tightening control over rare earth exports. The move, which has disrupted European supply chains,......

Canada slashes tariff-free car imports for GM and Stellantis over production cuts

Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......

Morocco honored for aviation safety as it seeks ICAO Council seat

Morocco’s achievements in civil aviation safety and governance were recognized on Tuesday during the 42nd session of the International Civil Aviation Organization (ICAO) Assembly in Montreal. ICAO Council President Salvatore Sciacchitano presented Morocco’s Transport and Logistics Minister......

Aya Gold & Silver unveils promising gold discovery in Morocco

Aya Gold & Silver has announced the discovery of a potential new gold zone in Morocco, further advancing its exploration efforts in the country. The Canadian mining company revealed on Monday that the find was made at the Asirem site, located west of the Boumadine corridor. Aya described the area......

Bangladesh secures new fertilizer shipments from Morocco to boost agriculture

Bangladesh has approved new proposals to import significant quantities of fertilizers from Morocco, aiming to ensure a seamless supply of agricultural inputs ahead of the upcoming cultivation season. The move strengthens the strategic partnership between the two countries in agricultural development. Major......

Anglo American and Teck merge in $53 billion copper deal to drive energy transition

Anglo American and Teck Resources have announced a landmark $53 billion merger to create one of the world’s largest copper producers, cementing Canada’s role as a global leader in critical minerals amid surging demand for metals driven by the energy transition. Formation of Anglo Teck and......

Morocco: Women earn 42% less than men in the private sector

A new report highlights persistent wage inequalities in Morocco, revealing that women in the private sector earn 42.8% less than men—equivalent to three months of unpaid work per year. The national gender pay gap is estimated at 23%, confirming that professional equality remains a major challenge. The......

High copper grades reported at Morocco’s Tifernine project

Morocco Strategic Minerals Corporation (TSXV: MCC) has reported significant results from its July sampling program at the Tifernine Copper Project, located southeast of Ouarzazate in Morocco. The Canadian exploration company highlighted high-grade copper mineralization across multiple structures within......

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