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Economy



Moroccan Dirham sepreciates 0.6% against Dollar and Euro

Rabat, October 18, 2025 — The Moroccan dirham depreciated by 0.6% against both the U.S. dollar and the euro during the week of October 9–15, 2025, according to Bank Al-Maghrib (BAM). No foreign exchange auctions were conducted over this period, BAM reported in its latest weekly indicators......

Morocco and Israel sustain strong economic partnership despite slower momentum

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......

Morocco to revise 2026 budget with stronger focus on health and education

Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......

Hop Lun strengthens global production network with new acquisitions in Morocco

Hop Lun, a leading international manufacturer of lingerie and swimwear, has expanded its global operations through the acquisition of two Moroccan companies, marking a significant step in its strategic growth plan. The move establishes a new production hub in Morocco, enhancing the company’s proximity......

Morocco and Russia renew fisheries cooperation with strategic maritime agreement

Morocco and Russia have strengthened their long-standing partnership through a new maritime fisheries cooperation agreement, replacing the previous deal that expired in 2024. The accord reinforces bilateral ties while supporting sustainable fishing practices in Moroccan waters. The agreement was signed......

Coface reaffirms Morocco’s stability with “B” rating amid global uncertainty

Coface has upheld Morocco’s “B” rating in its October 2025 Risk Review, confirming the country’s moderate and controlled level of business risk. The decision underscores Morocco’s resilient economic fundamentals despite global volatility and regional pressures. According......

Moroccan households face growing pessimism over living conditions

Moroccan families are expressing deep concern about their economic situation, with a new report from the High Commission for Planning (HCP) showing that most believe their living standards have declined over the past year. The findings underscore persistent anxiety about the rising cost of living, job......

Morocco launches major maintenance hub for F-16 and C-130 aircraft

Morocco has taken a significant step in strengthening its aerospace infrastructure with the start of construction on a new heavy maintenance hangar for F-16 and C-130 aircraft at Benslimane Airport. The initiative, led by Maintenance Aero Maroc (MAM), marks a new phase in the country’s ambition......

Most Moroccan families struggle to save as food prices continue to rise

A new national survey reveals that the vast majority of Moroccan households are unable to save money, as rising food prices continue to strain family budgets and erode financial stability across the country. Inflation pressures household finances According to data released by the High Commission for......

EBRD praises Morocco’s progress in renewable energy and industrial expansion

The European Bank for Reconstruction and Development (EBRD) has commended Morocco for its remarkable achievements in sustainable development, highlighting its growing role as a regional leader in the green transition and industrial modernization. A model of strategic vision and sustainability In an......

Morocco strengthens its role as Türkiye’s gateway to African markets

Morocco is consolidating its position as a key strategic partner for Türkiye in accessing Africa’s fast-growing markets. During the fifth Türkiye-Africa Business and Economic Forum (TABEF) held in Istanbul, Morocco’s Secretary of State for Foreign Trade, Omar Hejira, reaffirmed......

Morocco targets unified and sustainable mobility system for 2030 World Cup

Morocco is advancing its development strategy to meet global benchmarks as it prepares to co-host the 2030 FIFA World Cup, said Abdessamad Kayouh, Minister of Transport and Logistics. Speaking at the international seminar “Accessibility and Mobility in Urban and Peri-Urban Areas: Challenges and......

Over 36,000 young Moroccans gain access to affordable housing through state program

More than 36,000 young Moroccans have benefited from the government’s housing assistance program, aimed at boosting home ownership and improving access to affordable housing. Fatima Ezzahra El Mansouri, Minister of Urban Planning, Housing, and City Policy, provided an update before the House of......

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