Economy

Morocco's Royal Atlantic Initiative Leads the Way in Revolutionary Development Throughout the Area Rabat: The Moroccan government has started an ambitious project to promote sustainable development throughout Atlantic Africa, strengthen regional collaboration, and spur economic progress. The plan......

In a move to strengthen regional ties and boost tourism, Royal Air Maroc (RAM) has announced the resumption of air services between the cities of Rabat and Laayoune. The airline will now offer two flights per week on this route, providing enhanced connectivity for travelers. The inaugural flight on......

Morocco's poultry industry is bracing for a significant price surge in the coming days, sparking concerns among farmers and consumers alike. According to reports, the anticipated spike in chicken prices is drawing attention to the ongoing tensions between poultry farmers and suspected market speculators. The......

Morocco has emerged as a pivotal player in addressing the crucial issue of food security across the African continent. Driven by the visionary leadership of King Mohammed VI, the Kingdom's multifaceted approach combines strategic initiatives, innovative partnerships, and a deep commitment to fostering......

Morocco has taken a significant step forward in modernizing its public transportation system, with taxi drivers across the country now equipped with innovative digital tablets that are revolutionizing the taxi experience. The company behind this transformation is Itechia, which recently launched the......

Ryanair, the European low-cost carrier, has made a significant move in strengthening its foothold in Morocco by officially opening a new base in the city of Tangier. This latest development marks the airline's fourth operational base within the North African country, representing a $200 million investment......

In an era where infrastructure serves as the backbone of socio-economic development, Morocco has embarked on a transformative journey with the ambitious Tiznit-Dakhla expressway project. Launched by His Majesty King Mohammed VI to commemorate the 40th anniversary of the Green March, this monumental endeavor......

The relationship between Morocco, Portugal, and Spain is a complex tapestry of history, politics, economics, and culture that has evolved over centuries. These three countries, united by their geographical proximity in the Maghreb region and the Iberian Peninsula, have forged a partnership that demonstrates......

In a significant development in the ongoing saga of Morocco's sole oil refinery, the North African kingdom has decisively rejected a substantial $2.7 billion compensation claim brought forth by Saudi entrepreneur Mohammed Al Amoudi. This rejection comes on the heels of a concluded arbitration procedure......

In a bold move to enhance fiscal responsibility and public accountability, the Moroccan government is poised to implement sweeping reforms in the management of state-owned vehicles. This initiative, spearheaded by a forthcoming Prime Ministerial decree, aims to address longstanding concerns over the......

In a testament to its economic resilience, Morocco is poised to witness a notable uptick in growth, with forecasts indicating a 3.2% expansion in the third quarter of 2024. This projection, an increase from the 2.9% growth recorded in the preceding quarter, underscores the nation's ongoing economic......

In a significant economic development, Morocco witnessed a dramatic reduction in inflation during the second quarter of 2024, with rates plummeting to 0.7% from 1.2% in the preceding quarter. This remarkable shift, as reported by the High Planning Commission (HCP), paints a nuanced picture of the North......

EdfaPay, a prominent fintech firm based in Saudi Arabia, has announced the expansion of its operations into Morocco. This move comes after the company successfully secured the necessary regulatory approvals, marking another significant step in its global growth strategy. Founded in 2021, EdfaPay has......