Economy
Mehdi Tazi has been elected president of the General Confederation of Moroccan Enterprises, marking a leadership transition at the country’s main employers’ organization. Mohamed Bachiri was elected vice president general during the same vote held in Casablanca. The new mandate runs from......
The Private Bank of BCP Group unveiled a redesigned brand platform on May 15, 2026, in Casablanca, marking a new chapter in its development amid sweeping changes across the financial sector. The institution announced the rebrand alongside an accelerated regional expansion strategy, with the stated goal......
The Moroccan government plans to expand its 2026 budget framework by 20 billion dirhams to cushion the domestic economy against external shocks linked to geopolitical tensions in the Middle East. The additional allocation aims to protect household purchasing power while keeping the public deficit close......
The Moroccan tax administration has announced the launch of a new digital platform dedicated to the collection of Value Added Tax (VAT) on remote digital services provided by foreign companies operating in the Moroccan market. According to the General Directorate of Taxes, the “Taxation on digital......
The Moroccan government is preparing to advance the payment of May 2026 salaries for civil servants and public sector employees ahead of Eid al-Adha, according to general administrative sources. This decision, which is often taken during major religious celebrations, aims to support households in managing......
The Moroccan financial guarantee institution Tamwilcom has launched a strategic initiative aimed at strengthening its financial stability and improving its capacity to support very small, small, and medium-sized enterprises (TPME). The project focuses on enhancing asset-liability management to better......
Investment opportunities in Morocco were highlighted during a webinar organized by the Association of Moroccans in Quebec and consulting firm SBlue Consulting, in partnership with the Moroccan Embassy in Canada. The online event, titled “Investing in Morocco: Understanding the Framework and Conditions......
Al Barid Bank and Al Omrane Holding have signed a new partnership agreement aimed at expanding access to housing across Morocco, as authorities intensify efforts to support low and middle income households through targeted financing and real estate development programs. The agreement reflects royal......
Morocco recorded a budget deficit of MAD 15.5 billion by the end of April 2026, widening from MAD 11.8 billion during the same period a year earlier as public spending continued to accelerate despite stronger tax collection. The latest public finance data showed that rising operating and investment expenditures......
Morocco is intensifying efforts to modernize its foreign trade sector by strengthening logistics infrastructure, improving transport coordination and accelerating digital transformation across commercial operations. Speaking in Casablanca during the closing session of the 10th edition of the Digital......
Morocco and Rwanda moved to deepen their economic partnership during high level talks held in Kigali ahead of the Africa CEO Forum, as both countries seek to strengthen investment ties and broaden cooperation across strategic sectors. Moroccan delegate minister for investment Karim Zidane met with Rwanda’s......
A new round of discussions has opened between Moroccan transport authorities and European institutions over visa access for professional truck drivers. The talks focus on long-standing administrative barriers that affect Moroccan logistics companies operating cross-border routes into Europe. Officials......
Bank of Africa signaled a broader transformation in Morocco’s banking sector when it rebranded from BMCE in 2020. The change reflected more than a new corporate identity. It illustrated the growing ambition of Moroccan financial institutions to position themselves as regional banking groups capable......
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