Economy
Morocco’s entrepreneurial landscape is thriving, with an impressive tally of 92,232 new businesses registered by the end of October 2025, as reported by the Moroccan Office of Industrial and Commercial Property (OMPIC). These numbers reflect the country’s unwavering momentum in the realms......
Morocco exported a record 112,000 tons of avocados between September 2024 and August 2025, marking a significant milestone in the country’s agricultural export sector. Data from EastFruit highlights that this represents a “new all-time high,” with export revenues surpassing $300 million......
Morocco’s Banque Centrale Populaire (BCP) has completed the acquisition of the remaining shares of Atlantic Business International (ABI), becoming the sole owner of the west African financial group, according to an official statement released on Wednesday. BCP finalized the purchase of a 20.17......
Morocco has introduced its 2026 Finance Law, officially Law No. 50-25, which outlines a comprehensive fiscal framework designed to consolidate economic growth, support job creation, and ensure fair taxation. The legislation continues the government’s broader reform strategy aimed at strengthening......
Binance’s native cryptocurrency, BNB, is facing renewed downward pressure as it approaches a critical support level, raising concerns among traders about a potential deeper correction. The token has lost momentum after a sharp retreat from its December highs, underscoring growing caution in the......
Morocco and Japan have strengthened their long-standing partnership in the fisheries sector by signing a new grant agreement to advance the redevelopment of the Souiria K’dima fishing village. The initiative aims to modernize artisanal fishing infrastructure, support the blue economy, and drive......
Saham Paiements is set to acquire part of the merchant portfolio of Morocco’s Interbank Monetary Center (CMI), in line with the national initiative to modernize payment services. The move aims to increase competition among payment institutions, encouraging innovation and diversified solutions......
More than 833,000 people have been targeted this winter by Morocco’s National Plan to Mitigate the Effects of Cold Waves, Interior Minister Abdelouafi Laftit announced on Monday during a parliamentary session. Responding to oral questions at the House of Representatives on measures adopted to......
Morocco’s Capital Market Authority (AMMC) has urged the public and investors to remain vigilant against fraudulent trading platforms and unlicensed financial advice, as cases of deceptive investment practices continue to rise. Growing risks in online investment advice In a statement issued on......
Moroccan steel producer Somasteel has inaugurated the expansion of its production site in Nouaceur, marking a major milestone for the national steel industry. The ceremony was held under the chairmanship of the Minister of Industry and Trade, Ryad Mezzour. The extension includes the installation of......
Rabat – Bank Al-Maghrib (BAM) has announced the issuance of a 250-dirham commemorative silver coin and the circulation of a 100-dirham commemorative banknote to mark the hosting of the 35th Africa Cup of Nations, Morocco 2025 (CAN 2025). The commemorative coin features,......
Morocco’s frozen raspberry exports to France reached unprecedented levels in 2025, marking a strong rebound in one of Europe’s most competitive fruit markets. According to trade data from the first ten months of the year, Moroccan shipments of frozen raspberries and blackberries approached......
Rabat – Bank Al-Maghrib (BAM) is intensifying its efforts to accelerate the transition toward digital payments, as part of a broader strategy to reduce Morocco’s reliance on cash and modernize the national financial ecosystem. According to the central bank’s latest assessments,......
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