The reconstruction efforts following the Al Haouz earthquake have made significant strides, with over 33,600 families having completed the reconstruction of their homes. Currently, 52,669 residences remain under construction. The government highlights notable advancements across various sectors, including......

Morocco's government is embarking on an ambitious plan to balance economic stability with essential social welfare investments. Minister of Economy and Finance, Nadia Fettah, recently announced that the country’s budgetary programming for 2025-2027 will prioritize reducing the budget deficit......

Spain’s second-largest bank, BBVA, has received approval from Morocco's central bank, Bank Al-Maghrib, for the indirect change in control of Banco Sabadell’s operations in the country. This development marks a significant step in BBVA's broader strategy to enhance its presence in......

The International Monetary Fund (IMF) has announced the approval of a $496 million disbursement to Morocco under the Resilience and Sustainability Facility arrangement. This marks the third tranche of funding, bringing the total disbursed to approximately $1.24 billion. The announcement highlights Morocco's......

The Moroccan economy has demonstrated resilience in the face of negative shocks, showcasing the strength of the Kingdom's economic policies and frameworks, according to Kenji Okamura, Deputy Managing Director and Acting President of the International Monetary Fund (IMF). In a statement issued in......

Morocco is advancing its ambition to modernize airport infrastructure with the announcement of a new international airport in Marrakech. This initiative is part of the strategic plan "Airports 2030," aimed at addressing the challenges posed by the growing tourism sector and preparing for the......

Morocco has firmly established itself as Spain’s foremost African trading partner, achieving remarkable bilateral trade figures in 2024. Recent data from the Spanish Ministry of Economy, Trade and Enterprise reveals that trade between the two nations surged to €22.7 billion, marking a significant......

Trade relations between Azerbaijan and Morocco are witnessing a remarkable upswing, with a reported 56% increase in trade volume during the first two months of 2025 compared to the same period in 2024. This surge, as reported by the Azerbaijani State Customs Committee, reflects a robust strengthening......

Morocco has made significant strides over the past 25 years in modernizing its infrastructure and diversifying its economy, as highlighted in a recent article by the Spanish financial daily, El Mundo Financiero. In its examination of "Morocco's industrial revolution," the publication emphasizes......

Russia is currently in discussions to renew its maritime fishing agreement with Morocco, which lapsed last December after four years of cooperation. Moscow aims to reinstate its fishing fleet's operations off the Moroccan coast, focusing on species such as sardines, sardinella, mackerel, and anchovies. Ilya......

Morocco is emerging as a key player in African trade and development, showcasing its strength across several strategic sectors, according to the Economic Commission for Africa (ECA). In its Economic Report on Africa 2025, released during the 57th session of the ECA-UN (March 12-18 in Addis Ababa), the......

The United Nations Economic Commission for Africa (UNECA) has highlighted Morocco's potential to significantly contribute to the economic integration of Africa through its robust fiscal policies and strategic infrastructure investments. In a tweet following a meeting on Monday between Riyad Mezzour,......

Morocco’s tax authority, La Direction Générale des Impôts (DGI), has issued a statement urging businesses to electronically submit their declarations for the year 2024 by April 1, 2025. This initiative emphasizes the importance of compliance, particularly for companies with......