Economy

Morocco and Brazil are forging a deeper economic partnership to foster sustainable growth and shared prosperity, as highlighted during the LIDE Forum held in Marrakech. The event brought together over 100 business leaders and institutional representatives from both nations to explore avenues for enhanced......

Morocco is intensifying efforts to improve energy efficiency within its handicraft industry, aiming to reduce firewood and gas consumption. A new agreement, signed between the Secretary of State for Handicrafts and the Moroccan Agency for Energy Efficiency (AMEE), outlines a strategy to integrate energy-saving......

Egyptian electric mobility company Blu EV, backed by billionaire Naguib Sawiris, has announced plans to invest $100 million in Morocco by the end of 2025. The company, which specializes in converting gasoline motorcycles into electric ones, aims to expand its presence in North Africa as part of its broader......

Germany has reaffirmed its commitment to bolstering bilateral ties with Morocco, emphasizing economic cooperation, diplomatic dialogue, and mutual support on key regional issues. In a phone call on Monday, German Foreign Affairs Minister Johann David Wadephul praised the growing collaboration between......

Morocco’s ambitions to become a global aviation hub are taking flight as groundwork begins for a new terminal at Mohammed V International Airport in Casablanca. This transformative project, under the National Airports Office’s (ONDA) “Airports 2030” strategy, aims to elevate the......

Casablanca is set to host the sixth edition of the Sustainable Innovation Fest (SIF), Morocco’s premier event dedicated to social entrepreneurship and sustainable development. Organized by Enactus Morocco, the three-day festival will run from July 8–10, bringing together over 145 university......

Rooted in the cultural values of Morocco and shaped by professional experiences abroad, a call for institutional reform and the prioritization of human dignity has emerged as the cornerstone of sustainable development. The philosophy of “the right person in the right place” is often heralded......

The OCP Foundation marked International Cooperatives Day by reflecting on its decade-long efforts to strengthen rural communities through cooperative development. Operating across 12 regions in Morocco and nine countries in the Global South, the Moroccan organization focuses on empowering farmers and......

Renault’s Tangier factory marked a major milestone on Friday with the production of the 2,000th Mobilize DUO, Morocco’s first fully electric quadricycle. This innovative vehicle, tailored for urban mobility, represents a significant step forward in Morocco’s transition to sustainable......

Morocco’s industrial production surged in May 2025, signaling robust growth across most sectors, according to Bank Al Maghrib’s latest monthly industry survey. Factories operated at 78% capacity during the month, reflecting strong demand for manufactured goods. Growth across industries,......

Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), Morocco’s Central Bank, emphasized the importance of international collaboration in advancing Islamic finance during the 23rd Forum on Islamic Financial Stability held in Rabat. The event, organized by BAM and the Islamic Financial Services......

Morocco's National Airport Authority (ONDA) has initiated a strategic restructuring of its leadership to propel its ambitious "Airports 2030" plan, aimed at modernizing the nation’s airport infrastructure to meet international standards. Leadership restructuring to drive transformation ONDA......

Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......