Economy
The economic relationship between Morocco and Spain continues to intensify. In the first half of 2026, trade between the two countries reached 12.22 billion euros, driven by both the growth of Moroccan exports and the increase in purchases from Spain. This dynamic illustrates the growing interconnection......
Spain, the world's leading producer of olive oil, has significantly increased its purchases from Morocco in the first half of 2026. The volumes imported remain modest on the scale of the Spanish market, but their year-on-year growth is remarkable and illustrates the evolution of trade between the two......
The new increase announced by CMA CGM for shipments to the United States will add to the logistics costs for Moroccan exporters starting September 2026. However, this pressure on maritime transport does not undermine the Kingdom's main competitive advantages: a leading port platform around Tanger Med,......
A rapid surge in the Japanese currency could trigger a massive unwinding of positions financed in yen and reignite tensions in international markets. While Morocco remains relatively insulated from the mechanics of the "carry trade," it could nonetheless feel the repercussions of a global risk aversion......
The USD/MAD pair continued its decline during the week of August 10 to 14, 2026, in a context marked by favorable liquidity effects for the dirham. According to data from Attijari Global Research (AGR), the dollar decreased by 0.16% against the Moroccan currency, settling at 9.30 dirhams.Dirham Supported......
The Moroccan automotive market continues on a positive trajectory in 2026. By the end of July, new vehicle sales reached 152,486 units, compared to 131,739 during the same period in 2025, marking an increase of 15.7%, according to data from the Association of Vehicle Importers in Morocco (AIVAM). Solid......
The economic relationship between Morocco and Germany is taking a new step forward. In 2025, German exports to the Kingdom reached nearly 3.9 billion euros, marking an increase of about 12% year-on-year. This development confirms Morocco's growing importance in Germany's trade with Africa and illustrates......
Tangier Med Port is preparing for a significant increase in traffic as thousands of Moroccans living abroad return to their countries of residence during the second phase of Operation Marhaba 2026. The return operation is currently proceeding under generally favorable conditions, supported by a series......
Morocco’s phosphate industry is facing growing pressure to reduce cadmium levels in fertilizers exported to European markets, as regulators and consumers pay increasing attention to the metal’s potential health and environmental risks. Natural phosphate can contain cadmium, which may enter......
Tanger Med is preparing a new western expansion aimed at increasing the port complex’s capacity and supporting the continued growth of container traffic. Preliminary procedures are already underway for infrastructure works involving the modification and extension of drainage channels as part of......
Growing instability in the global fertilizer industry is creating new opportunities for Morocco to strengthen its position in European agricultural markets. Geopolitical tensions, higher production costs and disruptions to international trade have placed additional pressure on fertilizer supplies, encouraging......
Bank Al-Maghrib has issued a new commemorative silver coin with a face value of 250 dirhams to mark the 63rd birthday of King Mohammed VI. The release combines monetary design with national symbolism and reflects Morocco’s long-standing tradition of commemorative coinage. The obverse features......
The international financial and strategic consulting firm Accuracy has advised A.P. Moller Capital in its project to acquire a majority stake in Globex, a Moroccan operator affiliated with FedEx. This operation strengthens investors' interest in transport and logistics activities in Morocco and, more......
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