Economy
Morocco and Turkiye have signed two significant cooperation agreements aimed at enhancing road safety and revitalizing maritime transport. The memoranda of understanding (MOUs), signed in Istanbul on Friday, reflect the countries’ commitment to strengthening bilateral ties in the transport sector......
Morocco and Russia held discussions focused on expanding collaboration in civil aviation and road transportation during the Global Transport Connectivity Forum in Istanbul. Moroccan Transport and Logistics Minister Abdessamad Kayouh met with Russian Deputy Transport Minister Dmitry Zverev to explore......
Morocco is exploring a flexible and rapid solution to its increasing electricity needs by considering the import of up to 6,000 megawatts of power via floating power ships from Turkey. These ships, equipped with mobile power plants, offer a timely alternative amid growing pressure on conventional energy......
Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......
Morocco has rapidly emerged as one of the leading markets for Russian wheat exports in recent years, joining other growing destinations such as Nigeria, Kenya, Libya, Tunisia, and Tanzania. Dmitry Sergeyev, chairman of the Russian Union of Grain Exporters and Producers, highlighted this trend in an interview......
A recent joint report from the Organization for Economic Cooperation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) has revealed that Morocco ranks as the 24th largest source of counterfeit goods worldwide as of 2020. This ranking highlights a notable disparity between......
The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......
Global financial markets have plunged as US President Donald Trump intensified his defense of broad new tariffs, describing them as necessary "medicine" despite triggering widespread investor panic and massive sell-offs. Speaking aboard Air Force One, Trump said although he doesn’t wish......
Moroccan traditional handicrafts exports saw significant growth in 2025, with a 27% increase in the first two months of the year compared to the same period in 2024, totaling exports exceeding 231 million dirhams. This growth trend was particularly strong in January 2025, which saw a 31% increase compared......
Morocco’s imports from Turkiye surged to $225.3 million in January 2025, highlighting the North African nation’s growing role as a key market for Turkish exports. According to data from the Turkish Exporters Council, this marks a significant milestone, solidifying Morocco’s position......
Turkish defense manufacturer Baykar has officially announced the establishment of a drone production facility in Morocco, marking a pivotal moment in the country's military and technological advancement. The project further strengthens the growing strategic partnership between Morocco and Türkiye. The......
Morocco has established itself as Tunisia's primary date export destination in 2024, capturing 19.7% of the country's total date exports according to the National Agricultural Observatory (ONAGRI). The North African kingdom imported approximately 10,106 tons of dates, significantly outpacing......
In a significant business migration trend, over 360 Spanish companies have relocated their production facilities to Morocco, according to a recent report by the Spanish Institute for Foreign Trade and Investment (ICEX). This strategic move appears to be driven by companies seeking to navigate European......
