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Moroccan Dirham sepreciates 0.6% against Dollar and Euro

Rabat, October 18, 2025 — The Moroccan dirham depreciated by 0.6% against both the U.S. dollar and the euro during the week of October 9–15, 2025, according to Bank Al-Maghrib (BAM). No foreign exchange auctions were conducted over this period, BAM reported in its latest weekly indicators......

Morocco and Israel sustain strong economic partnership despite slower momentum

Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, affirmed that the kingdom’s economic partnership with Israel remains robust, even though its pace has moderated since the initial surge following the trilateral agreement with the United States and Israel in 2020. During an......

Morocco to revise 2026 budget with stronger focus on health and education

Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......

Coface reaffirms Morocco’s stability with “B” rating amid global uncertainty

Coface has upheld Morocco’s “B” rating in its October 2025 Risk Review, confirming the country’s moderate and controlled level of business risk. The decision underscores Morocco’s resilient economic fundamentals despite global volatility and regional pressures. According......

Morocco launches major maintenance hub for F-16 and C-130 aircraft

Morocco has taken a significant step in strengthening its aerospace infrastructure with the start of construction on a new heavy maintenance hangar for F-16 and C-130 aircraft at Benslimane Airport. The initiative, led by Maintenance Aero Maroc (MAM), marks a new phase in the country’s ambition......

Moroccan cities rise among Africa’s most expensive rental markets

Morocco’s leading urban centers are gaining prominence as some of Africa’s priciest rental markets, underscoring significant shifts in the continent’s housing dynamics. Recent data from Numbeo, a global cost-of-living database, places three Moroccan cities among the 20 most expensive......

Moroccan Dirham appreciates against Euro (October 2–8, 2025)

The Moroccan dirham appreciated by 0.7% against the euro while depreciating by 0.3% against the U.S. dollar during the period from October 2 to 8, 2025, according to Bank Al-Maghrib (BAM). During this period, no auction operations were conducted on the foreign exchange market, BAM noted in its latest......

Morocco Foodex to open Paris showroom to promote Moroccan agricultural exports

Morocco Foodex, the national agency dedicated to promoting and regulating agricultural, agri-food, and fisheries exports, is set to launch a “Concept Store” showroom in Paris to highlight the country’s finest agri-food and seafood products. The showroom will serve as a permanent “Made......

Morocco’s aerospace industry soars at record-breaking Casablanca summit

Morocco solidified its position as a global aerospace hub at the 8th edition of Aerospace Meetings Casablanca, which concluded on October 2. The three-day summit, held in Nouaceur, Casablanca, drew over 1,000 participants and facilitated more than 4,500 business meetings, highlighting the nation’s......

Freeport confirms seven deaths after Grasberg mine disaster in Indonesia

Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......

Melania Trump’s meme coin relaunch sparks scrutiny over transparency

Melania Trump has reintroduced her meme coin, MELANIA, after months of silence, accompanied by an AI-generated promotional video that briefly boosted the token’s price. However, the relaunch has reignited concerns about past transactions and questions regarding transparency. Built on the Solana......

Dirham depreciation, strong reserves, and significant stock market correction (BAM)

The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......

Crypto market plunges as liquidations and macro risks trigger sell-off

The global cryptocurrency market faced a sharp downturn today, with total capitalization falling by more than 2 percent in 24 hours. Bitcoin slipped below the 110,000 dollar mark, underscoring mounting pressure across digital assets. A major factor behind the decline is the wave of liquidations in leveraged......

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