Economy
Morocco’s automobile sector recorded exports worth over 12.24 billion dirhams (MMDH) in January 2026, marking a 19.1% increase compared to the same period in 2025, according to the Foreign Exchange Office. This growth was driven by strong sales in the “Construction” segment, which......
Morocco’s olive canning sector is regaining momentum after two campaigns marked by drought. Driven by a national production estimated at nearly two million tonnes, the current season is giving fresh impetus to a strategic sector for the agri-food industry and exports. According to estimates relayed......
The National Office of Electricity and Drinking Water (ONEE) continues renewing its energy supply contracts with the awarding of a new contract to Afriquia SMDC for the provision of special fuel oil for the Tétouan gas turbine power plant. This award confirms the company’s recurring presence......
Preliminary data for 2025 published by Destatis highlight a strong acceleration in trade relations between Morocco and Germany, with total bilateral trade surpassing 7.3 billion euros for the first time. According to updated foreign trade statistics, commercial exchanges between......
Support for financing very small, small, and medium-sized enterprises (MSMEs) in Morocco has reached a new milestone. The European Union and the German development bank KfW have officially launched a guarantee mechanism equivalent to 1.5 billion dirhams to facilitate access to credit for the most vulnerable......
Against a backdrop of repeated droughts, energy shocks and the economic fallout from the war in Ukraine, Morocco has managed to keep inflation relatively low compared with many emerging economies. Periods of sharp price increases did occur, but they were followed by phases of marked disinflation. The......
The Tanger Med port complex has consolidated its position as the leading maritime hub in the western Mediterranean, overtaking major Spanish ports and steadily closing the gap with Europe’s largest container gateways. Located in northern Morocco, Tanger Med has recorded sustained growth in international......
A new United Nations report has highlighted persistent barriers preventing women in Morocco and across the Arab region from fully participating in the financial system, warning that limited access to banking and digital services continues to restrain economic growth. In its study titled Unlocking women’s......
CIH Bank has issued a warning after a viral video surfaced in which a customer claimed she had been defrauded. The bank clarified that the incident was linked to a scam, in which the customer voluntarily shared her banking information with fraudsters. According to CIH, the victim had been contacted......
Morocco has reaffirmed its international appeal by being named the most beautiful country in Africa in 2025, according to the Readers’ Choice Awards published by Condé Nast Traveler. Based on votes from travelers worldwide, this ranking annually highlights the most appreciated destinations......
Morocco’s economic resilience and political stability have been highlighted by Russia’s ambassador to the Kingdom, who described bilateral relations as dynamic and steadily expanding. In remarks published by the Russian news agency RIA Novosti, Ambassador Vladimir Baybakov emphasized the......
Following severe weather conditions that recently impacted several regions across Morocco, Crédit Agricole du Maroc (CAM) has announced a comprehensive support plan aimed at assisting affected populations and farmers. The banking group stated that the initiative seeks to mitigate the consequences......
Crédit Agricole Personal Finance & Mobility has named Anne Laimé as Deputy Chief Executive Officer in charge of Personal Finance & Banking Servicing, a move that strengthens the company’s leadership team as it accelerates its growth strategy across Europe and Morocco. A subsidiary......
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