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Economy


Russia pursues renewal of fisheries agreement with Morocco

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's pivotal role in African trade and development

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......

Morocco's role in Africa's economic integration

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 urges timely declaration of unpaid invoices

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......

Surge in Spanish remittances positions Morocco as a leading recipient

Remittances from Spain to Morocco have nearly doubled over the past decade, establishing Morocco as the second-largest recipient of funds transferred from the European nation. Recent data from the Bank of Spain, analyzed by The Objective, reveals that in 2023, remittances to Morocco reached €1.375......

Moroccans lead foreign workers in Spain's social security system

According to official figures released on Monday in Madrid, Moroccans residing in Spain hold the top position among foreign workers affiliated with the social security system. As of the end of February 2025, the total number of Moroccans contributing to Spain's social security reached 350,433, making......

Ryad Mezzour: Morocco remains committed to the AfCFTA

Morocco remains steadfast in its support for the African Continental Free Trade Area (AfCFTA), reaffirmed by Minister of Industry and Trade, Ryad Mezzour, during the 57th session of the Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development......

Morocco's commitment to the African continental free trade area shines at CEA session

During the 57th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development held in Addis Ababa, Moroccan Minister of Industry and Commerce, Riyad Mezzour, reaffirmed Morocco's unwavering commitment to the......

Russian Investments in Morocco: A New Boost for Economic Cooperation

Economic relations between Morocco and Russia have witnessed significant progress in recent years, marked by increasing Russian investments in Morocco’s agricultural sector. This expansion signals a new phase in the strategic partnership between the two nations. However, cooperation between Morocco......

Morocco's taxi unions call for ban on inDrive ads amid transport reform tensions

Morocco’s transport sector is facing a pivotal challenge as traditional taxi unions call on the High Authority for Audiovisual Communication (HACA) to prohibit the airing of an advertisement for the ride-hailing app inDrive on public television channel 2M. The unions argue that this promotion undermines......

Morocco’s manufacturing sector sees 5% growth in late 2024

Morocco’s manufacturing industry, excluding petroleum refining, experienced a 5% growth in production during the final quarter of 2024 compared to the same period in 2023. This growth reflects the resilience and diversification of the country’s industrial base, driven by key sectors that......

Ramadan 2025: advertising investments show modest growth in first 10 days

The holy month of Ramadan is traditionally a period of high media engagement, driven by shifts in daily routines and consumption patterns, particularly in the food sector. This season typically brings notable increases in advertising investments across goods, services, and media platforms. However, the......

LiFtour 2025: Driving insights into Morocco’s economic health through advertising trends

Advertising trends as a reflection of Morocco’s economic health At the 2025 edition of LiFtour, Anouar Sabri emphasized the pivotal role of the event as a premier platform for dialogue and exchange. Each year, LiFtour provides an essential space for analyzing advertising investment figures, particularly......