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Economy
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,......
Dakhla – Sahara Cash, a key actor in proximity-based financial services in Morocco, has been recognized within the Performers – Taamine Iktissadi 2025 program, an initiative led by Wafa Assurance and deployed across the Wafacash network. This distinction positions Sahara Cash......
The issue of commercial and industrial land, widely regarded as both a key driver and a major obstacle to investment, was at the center of an international conference held on December 19 and 20 at the Faculty of Legal, Economic and Social Sciences (FSJES) in Fez. The event brought together academics,......
The World Bank has approved a grant of four million dollars to support Morocco’s efforts to strengthen climate resilience within its agro-food systems. The funding comes from the Livable Planet Fund and provides additional resources to an ongoing national program focused on transforming agricultural......
Morocco has strengthened its position in the European agri-food market by becoming the fourth largest supplier of mandarins to Germany, reflecting steady growth in citrus exports over recent years. The increase highlights the country’s expanding role in meeting European demand for fresh fruit. During......
Chinese automakers are increasingly establishing themselves in Morocco’s car market, gaining momentum with remarkable sales growth that challenges the dominance of traditional European brands. Over the past year, Chinese manufacturers have moved from being peripheral players to significant competitors......
Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......
Ryanair has announced the opening of its fifth base in Morocco, located in Rabat, starting April 2026. The new base will operate two aircraft and represents an investment of $200 million, offering 20 routes in summer 2026, including seven new connections to major European destinations such as Milan Bergamo,......
The pharmaceutical sector in Morocco is increasingly moving beyond its traditional role as a pillar of public health. Over the years, it has become a strategic space for capital concentration, where value is created, consolidated and transferred through large-scale financial operations, often with limited......
ACWA Power and the African Development Bank (AfDB) have signed a $5 billion framework agreement aimed at accelerating large-scale projects in the energy and water sectors across Africa. The deal, finalized during the Africa Investment Forum in Rabat, underscores the urgent need to address Africa’s......
