Economy
Morocco has secured $1.77 billion in funding from the World Bank’s International Bank for Reconstruction and Development (IBRD) during the 2025 fiscal year, positioning itself as the 8th largest IBRD borrower globally. This achievement underscores the country’s growing economic collaboration......
Morocco ranked as Turkey’s third-largest Arab customer during the first ten months of 2025, according to official data released by Türkiye’s Statistical Institute (TURKSTAT). Between January and October, Moroccan imports of Turkish goods reached an estimated 3.63 billion USD, or 36.3......
Türkiye’s economy grew by 3.7% year-on-year in the third quarter of 2025, according to official figures released Monday by the Turkish Statistical Institute (TurkStat). The country’s gross domestic product (GDP) at current prices surged 41.6% to 17.42 trillion......
Türkiye’s main stock index began the week with little movement, opening Monday’s session at 10,898.10 points, a marginal decline of 0.01% compared to the previous close. The slight dip follows Friday’s 0.43% drop, which saw the BIST 100 halt trading at 10,898.70......
The MEDays 2025 Summit in Tangier highlighted Morocco’s unique position to redefine its global identity through innovation, diplomacy, and cultural outreach. A panel discussion titled “Nation Branding: Harnessing the Kingdom’s Strengths to Redefine & Maximize the ‘Moroccan’......
Several construction companies involved in the renovation of FC Barcelona’s iconic Camp Nou stadium are facing fines totaling €1.87 million due to widespread labor law violations. The violations were uncovered following 218 investigations into working conditions since the project began in......
Geneva, October 22, 2025 — Morocco is emerging as a model of “open and competitive regionalism,” combining trade openness with regional and international partnerships to navigate the uncertainties of global trade policies, Minister of Industry and Trade Ryad Mezzour said Tuesday in......
Morocco has once again raised its defense spending, allocating MAD 157.171 billion ($15.7 billion) for 2026, according to the draft finance law submitted to parliament. The funds are earmarked for the acquisition and maintenance of equipment for the Royal Armed Forces (FAR) and to support the growth......
Morocco is consolidating its position as a key strategic partner for Türkiye in accessing Africa’s fast-growing markets. During the fifth Türkiye-Africa Business and Economic Forum (TABEF) held in Istanbul, Morocco’s Secretary of State for Foreign Trade, Omar Hejira, reaffirmed......
Morocco has solidified its position as a major supplier in the European Union’s tomato market, recording a 40% increase in exports over the past decade. During the 2024/2025 campaign, Moroccan tomato exports reached 568,370 tons, accounting for 19.63% of the EU’s total imports and generating......
Moroccan jewelers are preparing to launch a gold import company under the leadership of the Moroccan Federation of Jewelers. This initiative seeks to combat the dominance of the informal market and establish a more regulated and stable gold industry in Morocco. Tackling informality in the gold sector The......
Morocco has solidified its position as a leading supplier of watermelons to the European Union despite escalating concerns over its water scarcity. New data reveals the North African nation as the EU's second-largest watermelon exporter, trailing only Spain. According to agriculture-focused platform......
Morocco is close to securing a $600 million agreement with Brazilian aerospace company Embraer to acquire KC-390 Millennium military transport planes, marking a significant step in modernizing its air force. The deal, expected to include four to five aircraft, signals Morocco's intent to replace......
