The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......
Gasoline prices across Arab countries in February 2026 displayed significant variations, with Jordan leading the region in highest fuel costs at $1.460 per liter, followed closely by Morocco at $1.324 per liter. Countries such as Syria and Tunisia recorded prices near $0.90 per liter, reflecting moderate......
His Majesty King Mohammed VI presided over a recent meeting where the palace confirmed the Nador West Med port remains on track for service in the fourth quarter of 2026. Morocco has indefinitely frozen its ambitious plan to build a liquefied natural gas import hub at the Nador West Med port on its Mediterranean......
The Tanger Med port complex continued its strong growth momentum in 2025, surpassing the symbolic threshold of 11 million containers handled, according to figures released by the Tanger Med Port Authority. The port’s four container terminals processed a total of 11.1 million TEUs in 2025, representing......
France and Morocco are moving forward with plans for a comprehensive new bilateral treaty designed to redefine their strategic partnership. This initiative builds on recent high-level diplomatic talks focused on bolstering ties in key areas like trade, security, and cultural exchanges. The agreement......
After a brief period of decline, fuel prices in Morocco have resumed their upward trend at the beginning of February. Diesel prices increased by approximately 35 centimes per liter, while unleaded gasoline rose by nearly 11 centimes per liter at retail stations starting Sunday, February 1. These adjustments......
Morocco managed to reduce its budget deficit to 3.5 percent of gross domestic product (GDP) in 2025, in line with the targets set by the Finance Law. The deficit reached approximately 60.5 billion dirhams, reflecting an improvement compared with the previous year. This performance was achieved thanks......
Recent data highlights Android's continued dominance over iPhone in smartphone markets across Arab countries, with notable variations between nations. In conflict-affected areas, Android's market share exceeds 90 percent, while affluent Gulf states exhibit stronger iPhone adoption. This divergence......
A high-level Moroccan economic mission led by Omar Hejira, Secretary of State for Foreign Trade, is currently visiting Chile to strengthen bilateral economic and trade ties and lay the foundations for a structured, long-term strategic partnership. This mission is part of the Morocco-Chile Economic Forum,......
Morocco and Saudi Arabia have formalized an executive program to deepen their partnership in renewable energies and energy efficiency. This agreement builds on recent discussions held in Riyadh during the International Mining Conference from January 13 to 15, 2026. The initiative targets the advancement......
Morocco’s banking sector experienced a further tightening of liquidity conditions at the end of 2025, with liquidity needs rising to an average of 135.7 billion dirhams in December, according to data released by Bank Al-Maghrib. This represents an increase compared to the previous month, reflecting......
Moroccan handicraft exports continued their upward trend in 2025, recording an 11% increase and reaching a total turnover of over 1.23 billion dirhams, according to the State Secretariat for Handicrafts and Social and Solidarity Economy. Traditional clothing saw the strongest growth, rising 75% and......
The Board of Directors of Al Mada Group has announced the appointment of Nafissa El Kassar as Chief Executive Officer, effective immediately, following the passing of Hassan Ouriagly, the group’s former Chairman and CEO. During an extraordinary meeting, board members paid tribute to the late Hassan......
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