Economy
Tanger Med, Morocco's largest port and a critical logistics hub in the Mediterranean region, has unveiled a $500 million (MAD 5 billion) project to expand its dedicated truck terminal. The initiative aims to double the terminal's capacity, aligning with the surge in Morocco's trade activity,......
The Morocco-Nigeria gas pipeline project is progressing steadily, as Rabat hosted a series of high-level meetings this week to advance the ambitious initiative. Representatives from national oil companies, the Economic Community of West African States (ECOWAS), and other stakeholders convened on July......
A planned direct shipping line between Morocco and Saudi Arabia is set to revolutionize trade relations, benefiting over 100 Moroccan exporters by significantly reducing transit times and increasing market access. The initiative seeks to deepen bilateral trade ties and enhance economic cooperation between......
Morocco and the United Arab Emirates (UAE) have taken a significant step to enhance their collaboration in fostering innovation and economic development by signing a memorandum of understanding (MoU) on industrial property rights. The agreement seeks to strengthen bilateral relations and facilitate knowledge......
In a groundbreaking development for Morocco’s digital economy, e-commerce merchants can now accept mobile payments via QR code, thanks to Fast Payment's upgraded online platform. This marks the first time such functionality is available to online sellers in the country. Users of electronic......
The steering and technical committees for the Nigeria-Morocco Gas Pipeline project convened on July 10 and 11 in Rabat to review the latest progress. These high-level meetings, organized under the governance framework of the project and in line with signed agreements between national oil companies, brought......
There was a time when summer holidays in Morocco meant pure joy and heartfelt nostalgia — a return to one’s roots, shared tajines with family, and the vibrant alleys of sun-drenched medinas. But for many Moroccan expatriates, that tradition is shifting. Today, a growing number are shortening......
Moroccan phosphate giant OCP SA has acquired PwC Business Services, a subsidiary of PwC Advisory Morocco, in a move that cements their long-standing collaboration. The transaction allows OCP to internalize administrative and financial support functions previously managed by the subsidiary. PwC Business......
Morocco’s economy is projected to grow by 4.4% in the third quarter of 2025, according to the latest estimates from the High Commission for Planning (HCP). The forecast reflects steady momentum from earlier in the year, though growth may slow slightly compared to previous months. Domestic demand......
Morocco will need to invest over $40 billion in the next five years to achieve its national energy objectives, according to Energy Transition Minister Leila Benali. Speaking during an interview with Asharq at the OPEC seminar in Vienna, Benali outlined the country's ambitious energy transition strategy,......
Fishing activities in Morocco’s Mediterranean ports recorded a modest increase during the first half of 2025, according to the latest data from the National Fisheries Office (Office National des Pêches - ONP). Between January and June 2025, coastal and artisanal fishing landings in Mediterranean......
Morocco is intensifying efforts to combat water scarcity by ramping up seawater desalination and dam construction projects, aiming to secure an annual desalination capacity of 1.7 billion cubic meters by 2030. These initiatives are part of the National Program for Drinking Water Supply and Irrigation......
Morocco and Brazil are forging a deeper economic partnership to foster sustainable growth and shared prosperity, as highlighted during the LIDE Forum held in Marrakech. The event brought together over 100 business leaders and institutional representatives from both nations to explore avenues for enhanced......
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