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Economy



Morocco evaluates EU carbon border mechanism's impact on exports

Morocco’s Economic, Social, and Environmental Council (CESE) has released its formal analysis of the European Union’s Carbon Border Adjustment Mechanism (CBAM), outlining its implications for Moroccan exports. The findings, presented during a session in Rabat, reflect the Council's participatory......

Tanger Med loses top spot in Africa but remains a global maritime leader

Morocco’s Tanger Med Port has reaffirmed its stature as one of the world’s most efficient container ports, ranking fifth in the 2024 Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence. However, the port has ceded its long-held......

Morocco strengthens economic ties with India, focuses on trade and industrial cooperation

Morocco’s Secretary of State for Foreign Trade, Omar Hejira, has called for expanding economic and trade relations with India, emphasizing the importance of a strategic and mutually beneficial partnership. Speaking at the “Business Opportunities in India and West Asia” forum in New......

Libya’s fuel scandal: court ruling exposes systemic flaws in oil sector oversight

The overturning of Imad Ben Rajab’s 2023 conviction by Libya’s Supreme Court has revealed systemic weaknesses in the country’s oil and fuel import processes. Beyond clearing Ben Rajab’s record, the case has illuminated gaps in oversight, testing standards, and institutional coordination,......

Mexico’s top business council deepens ties with Morocco, backs territorial integrity

Mexico’s Business Coordinating Council (CCE), the country’s largest employers’ federation, has reaffirmed its support for Morocco’s territorial integrity during a high-level meeting in Mexico City. The declaration came amid a broader mission by the General Confederation of Moroccan......

Morocco’s crypto paradox: bitcoin thrives despite a national ban

Morocco banned cryptocurrency transactions in 2017, but the sector has continued to grow under the radar. A new law in development may finally regulate the industry, marking a pivotal shift in the country’s approach to digital currencies. A firm stance on crypto In November 2017, Morocco’s......

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......

Morocco and India launch armored vehicle factory to boost defense industry

Morocco and India have inaugurated a new defense manufacturing facility in Berrechid, marking a significant milestone in their strategic partnership. The plant, named TATA Advanced Systems Maroc (TASM), will produce WhAP 8×8 armored combat vehicles for Morocco's Royal Armed Forces and international......

Morocco emerges as a key player in EU tomato market with 40% export growth

Morocco has solidified its position as a major supplier in the European Union’s tomato market, recording a 40% increase in exports over the past decade. During the 2024/2025 campaign, Moroccan tomato exports reached 568,370 tons, accounting for 19.63% of the EU’s total imports and generating......

Morocco poised to supply 50% of Europe’s electricity needs with renewable energy

Morocco’s renewable energy potential could meet up to 50% of the European Union’s electricity demand, according to Ryad Mezzour, Morocco’s Minister of Industry and Commerce. In an interview with Italian newspaper La Verità, Mezzour highlighted Morocco’s ability to mobilize......

OPEC supports Morocco with €100 million to enhance governance and climate resilience

Morocco has secured a €100 million loan from the OPEC Fund for International Development, marking another step forward in its efforts to strengthen economic governance and combat the challenges posed by climate change. This funding, part of the Program to Support Economic Governance and Climate......

Marsa Maroc secures ZPMC partnership to modernize Casablanca and Nador West Med terminals

Marsa Maroc has finalized a major agreement with Chinese manufacturing giant ZPMC to supply 18 next-generation container gantries, as part of its strategic push to enhance Moroccan port infrastructure under its “Marsa 2030” vision. The deal was concluded during a meeting in Casablanca between......

Morocco and Mexico forge new economic and industrial alliance

The General Confederation of Moroccan Enterprises (CGEM) and the Confederation of Industrial Chambers of Mexico (CONCAMIN) signed a memorandum of understanding (MoU) on Monday in Mexico City, marking a significant step toward strengthening economic and industrial cooperation between the two nations. Strategic......

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