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Mohammed VI Investment Fund selects 14 firms to mobilize 19 billion dirhams

The Mohammed VI Investment Fund (FM6I) announced on Thursday the selection of 14 asset management companies to oversee sector-specific and thematic investment funds. This move comes as part of a national strategy to enhance private sector capital, stimulate investment, and generate long-term employment. These......

Morocco unveils four key priorities for 2026 budget reform

The Moroccan government has outlined four major priorities for the 2026 Finance Bill (PLF), in line with the High Royal Guidelines. These priorities mark a new phase of transformation for the Kingdom and aim to balance economic growth with social justice and territorial equity. According to the official......

Despite digital progress, Morocco still faces payment incidents due to lack of trust

Despite rapid digitalization, Morocco continues to face persistent issues with traditional payment methods, revealing a deeper crisis of trust within its financial ecosystem. According to the African Scientific Journal, these incidents are not just technical failures but symptoms of ethical shortcomings,......

Morocco leads African retirement destinations with affordable living and streamlined visas

Morocco shines in global retirement rankings Morocco has been ranked among the world’s top retirement destinations, securing 24th place out of 44 countries in the 2025 Global Retirement Report by Global Citizen Solutions. The North African nation also stands out as one of the top five retirement......

Morocco-Europe shipping route revolutionizes fresh produce logistics

European logistics company Samskip has introduced the Moroccan Reefer Service (MRS), a new weekly maritime line connecting Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. The service offers a faster, more sustainable alternative for transporting fresh produce......

UM6P spearheads pan-African initiative to drive Africa’s transformation

University Mohammed VI Polytechnic (UM6P), in partnership with key organizations, has launched "Lead," a pan-African initiative aimed at advancing Africa's growth by fostering public policy excellence and institutional development. A collaborative effort for change The initiative, hosted......

Royal Jordanian to launch direct Amman-Casablanca flights this October

Royal Jordanian Airlines is set to introduce direct flights between Amman and Casablanca starting mid-October, marking a significant milestone in strengthening ties between Jordan and Morocco. The new route was announced by Jordanian Ambassador to Morocco, Jumana Ghunaimat, who highlighted its importance......

AMEA Power advances Agadir desalination with wind energy

Dubai-based energy firm AMEA Power has announced its involvement in the second phase of Morocco’s Agadir seawater desalination project, a transformative effort set to make the facility one of Africa’s largest water treatment plants. This expansion will boost the plant’s capacity to......

United States deepens trade surplus with Morocco to over 18.7 billion dirhams by mid-2025

The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......

Morocco strengthens role as a key fertilizer supplier to India

Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......

Moroccan household debt declines slightly in 2024, government workers remain most indebted

Moroccan households saw a modest reduction in their debt burden in 2024, with the average debt-to-income ratio falling to 34%, down from 35% in 2023. The findings come from the 2024 annual financial stability report, jointly published by Bank Al-Maghrib (BAM), the Insurance and Social Welfare Control......

Morocco’s unemployment rate drops slightly to 12.8% but challenges persist

Morocco’s unemployment rate fell to 12.8% in the second quarter of 2025, down from 13.1% during the same period last year, according to figures released by the High Commission for Planning (HCP). This marks the first decline after several quarters of rising unemployment, driven largely by job creation......

Chinese auto supplier Kuntai invests $13.7 million in Moroccan factory for European expansion

Chinese automotive interior materials manufacturer Kuntai has announced plans to establish a $13.7 million production facility in Morocco. The investment, led by its subsidiary Kuntai Hongjing Co Ltd, marks a significant step in the company’s international expansion strategy. Integrated production......

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