Economy
Despite rapid digitalization, Morocco continues to face persistent issues with traditional payment methods, revealing a deeper crisis of trust within its financial ecosystem. According to the African Scientific Journal, these incidents are not just technical failures but symptoms of ethical shortcomings,......
Morocco shines in global retirement rankings Morocco has been ranked among the world’s top retirement destinations, securing 24th place out of 44 countries in the 2025 Global Retirement Report by Global Citizen Solutions. The North African nation also stands out as one of the top five retirement......
European logistics company Samskip has introduced the Moroccan Reefer Service (MRS), a new weekly maritime line connecting Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. The service offers a faster, more sustainable alternative for transporting fresh produce......
University Mohammed VI Polytechnic (UM6P), in partnership with key organizations, has launched "Lead," a pan-African initiative aimed at advancing Africa's growth by fostering public policy excellence and institutional development. A collaborative effort for change The initiative, hosted......
Royal Jordanian Airlines is set to introduce direct flights between Amman and Casablanca starting mid-October, marking a significant milestone in strengthening ties between Jordan and Morocco. The new route was announced by Jordanian Ambassador to Morocco, Jumana Ghunaimat, who highlighted its importance......
Dubai-based energy firm AMEA Power has announced its involvement in the second phase of Morocco’s Agadir seawater desalination project, a transformative effort set to make the facility one of Africa’s largest water treatment plants. This expansion will boost the plant’s capacity to......
The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......
Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......
Moroccan households saw a modest reduction in their debt burden in 2024, with the average debt-to-income ratio falling to 34%, down from 35% in 2023. The findings come from the 2024 annual financial stability report, jointly published by Bank Al-Maghrib (BAM), the Insurance and Social Welfare Control......
Morocco’s unemployment rate fell to 12.8% in the second quarter of 2025, down from 13.1% during the same period last year, according to figures released by the High Commission for Planning (HCP). This marks the first decline after several quarters of rising unemployment, driven largely by job creation......
Chinese automotive interior materials manufacturer Kuntai has announced plans to establish a $13.7 million production facility in Morocco. The investment, led by its subsidiary Kuntai Hongjing Co Ltd, marks a significant step in the company’s international expansion strategy. Integrated production......
The Casablanca Stock Exchange recorded a positive performance for the week of July 28 to August 1, 2025. The MASI, the market’s main index, rose by 0.85% to close at 19,570.63 points. The MASI 20, which reflects the performance of the 20 most liquid stocks, gained 0.92% to 1,609.11 points. Meanwhile,......
During the period from July 24 to 29, 2025, the Moroccan dirham appreciated by 0.6% against the euro and depreciated by 1% against the US dollar, according to Bank Al-Maghrib (BAM). In its latest weekly indicators bulletin, BAM reported that no foreign exchange auctions were conducted during this time.......
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