Economy
Morocco is moving forward with its ambition to establish a modern maritime industry as it advances plans for a major shipbuilding and ship repair complex at the Port of Casablanca. The project has attracted strong international interest, highlighting the country's growing appeal as a strategic destination......
Stellantis has officially launched production of its new Smart Car platform at its manufacturing facility in Kenitra, Morocco, marking an important milestone in the company's industrial strategy for the Middle East and Africa. The new platform will initially support the production of the Fiat Fastback......
Morocco is strengthening its position as a key player in the global clean energy transition, with several European partners viewing the Kingdom as a promising regional hub for the production and export of green hydrogen and renewable electricity. The growing interest reflects Morocco's abundant......
Morocco has been ranked 15th worldwide in the 2026 Global Employer Burden Index, highlighting the relatively high financial and legal obligations employers face when hiring and managing employees. The index, published by international employment solutions provider Employ Borderless, evaluates 192 countries......
Italy has approved a €100 million sovereign financing package for Morocco to support the implementation of its national water strategy, as part of Rome’s Mattei Plan aimed at strengthening economic and development partnerships with African countries. The funding, included in an Italian government......
Mastercard has expanded its global Priceless platform to Morocco, making the country one of the first African destinations to be featured in the exclusive travel and lifestyle program. The initiative is designed to promote Morocco's tourism potential by offering cardholders access to unique cultural,......
Morocco and the World Bank have launched a new 10-year partnership framework aimed at supporting the country's long-term economic transformation, strengthening the private sector, and creating more employment opportunities. The agreement reflects a shared commitment to building a more competitive,......
The World Bank has identified greater female participation in Morocco's labor market as a key driver of long-term economic growth, emphasizing that social and family responsibilities continue to prevent many women from entering or remaining in the workforce. In its Country Partnership Framework......
Morocco is accelerating investment in wind energy as part of its long-term strategy to strengthen energy independence and expand the role of renewable sources in its electricity mix. The country aims to have renewable energy account for 52% of its installed electricity generation capacity by 2030, reinforcing......
Morocco is significantly expanding its air transport capacity for the summer 2026 season, reinforcing its ambition to become a leading aviation hub connecting Africa, Europe, the Americas, Asia, and the Middle East. The new seasonal program is designed to meet growing passenger demand while facilitating......
Morocco has further strengthened its position as one of the leading automotive manufacturing hubs serving the European market, supported by competitive production costs, expanding industrial infrastructure, and growing foreign investment in the sector. Recent industry data indicate that Renault's......
Banque Centrale Populaire (BCP) has announced a scheduled maintenance operation that will temporarily interrupt several of its banking services during the early hours of Monday, 13 July 2026. The planned intervention is part of the bank’s ongoing efforts to enhance the performance and reliability......
The German Chamber of Commerce and Industry in Morocco (AHK Morocco) has appointed Silke Kunstreich as its new Managing Director, bringing extensive international experience in business development, marketing and strategic communications to one of the leading institutions promoting German-Moroccan economic......
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