Economy



First Bridge pillar completed on Kenitra-Marrakech high-speed rail project

Construction work on the future high-speed rail line linking Kenitra and Marrakech has reached a new milestone with the successful completion of the first concrete pouring for a pillar of the Ikkem Bridge, part of the project’s ninth section. The operation marks the beginning of the main structural......

Morocco prepares $2 billion budget increase to contain price pressures

Morocco is preparing an additional MAD 20 billion, or roughly $2 billion, for its 2026 budget as authorities seek to shield the domestic economy from the effects of ongoing instability in the Middle East. The planned spending package aims to maintain stable energy and transport prices while supporting......

Morocco turns argan waste into sustainable building insulation materials

Moroccan researchers are developing new insulation materials from argan tree by-products as the country expands efforts to connect environmental sustainability with rural economic development. The initiative gained attention during the 8th International Argan Tree Congress held in Essaouira from May......

Moroccan tomato exports to Finland reach record high level

Moroccan tomato exports to Finland have reached a historic high during the 2025–2026 season, reflecting the growing strength of Morocco’s agricultural trade in European markets. According to industry data from EastFruit, Finland imported around 2,200 tonnes of Moroccan tomatoes between July......

Morocco coastal fishing value rises despite lower catches

The coastal and artisanal fishing sector in Morocco recorded higher revenues at the end of April 2026, even as total catches declined. The value of marketed fish products reached 3.85 billion dirhams, an increase of 5 percent compared with the same period in 2025. This growth came despite a 5 percent......

Morocco ceramic industry pact aims to restructure sector

The ceramic industry in Morocco has entered a new phase of organization following a partnership agreement signed in Casablanca between the Association of Professional Ceramic Industries and the Ministry of Industry and Trade. The agreement was formalized during the first national day dedicated to the......

As Eid al Adha approaches casablanca food prices show mixed movement

Casablanca’s wholesale food markets recorded uneven price shifts this week as Eid al Adha approaches and consumer demand patterns begin to adjust. Fresh data from the municipal supply monitoring system showed contrasting trends across vegetables, fruits, and meat products. Vegetable prices remained......

Mehdi Tazi elected to lead Moroccan employers confederation

Mehdi Tazi has been elected president of the General Confederation of Moroccan Enterprises, marking a leadership transition at the country’s main employers’ organization. Mohamed Bachiri was elected vice president general during the same vote held in Casablanca. The new mandate runs from......

BCP Group's private bank launches new brand identity and expands across Morocco

The Private Bank of BCP Group unveiled a redesigned brand platform on May 15, 2026, in Casablanca, marking a new chapter in its development amid sweeping changes across the financial sector. The institution announced the rebrand alongside an accelerated regional expansion strategy, with the stated goal......

Morocco expands 20 billion dirham buffer for budget 2026

The Moroccan government plans to expand its 2026 budget framework by 20 billion dirhams to cushion the domestic economy against external shocks linked to geopolitical tensions in the Middle East. The additional allocation aims to protect household purchasing power while keeping the public deficit close......

Morocco launches mandatory digital VAT declaration platform from June 2026

The Moroccan tax administration has announced the launch of a new digital platform dedicated to the collection of Value Added Tax (VAT) on remote digital services provided by foreign companies operating in the Moroccan market. According to the General Directorate of Taxes, the “Taxation on digital......

Public service salaries for May to be paid early ahead of Eid al-Adha

The Moroccan government is preparing to advance the payment of May 2026 salaries for civil servants and public sector employees ahead of Eid al-Adha, according to general administrative sources. This decision, which is often taken during major religious celebrations, aims to support households in managing......

Tamwilcom launches strategic reform to strengthen support for TPME financing

The Moroccan financial guarantee institution Tamwilcom has launched a strategic initiative aimed at strengthening its financial stability and improving its capacity to support very small, small, and medium-sized enterprises (TPME). The project focuses on enhancing asset-liability management to better......

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