Economy
China's decision to eliminate import duties on goods from 53 African countries, effective May 1, has handed Morocco's argan oil industry a direct route into one of the world's largest consumer markets. Producers in the country's arid southwest are positioning the sector for what they......
Morocco's automotive sector delivered a strong export performance in the opening quarter of 2026, with sales abroad reaching nearly 42 billion dirhams by the end of March, a 12.1% increase compared to the same period a year earlier. The figures, released by the Office des Changes in its latest monthly......
Two of Morocco's most prominent retail groups have announced plans to merge, marking a significant consolidation in the country's distribution sector. Label'Vie S.A. and Retail Holding S.A. have formally disclosed their intention to combine through an absorption operation, creating a unified......
Remittances sent by Moroccans living abroad continued their upward trajectory in the first quarter of 2026, reaching 29.7 billion dirhams by the end of March, compared to 26.62 billion dirhams recorded during the same period in 2025. The figures, published by the Office des Changes, represent an annual......
Morocco's labor market displayed pronounced regional disparities in the first quarter of 2026, with activity rates ranging from well above to significantly below the national average of 41.8%, according to data released by the High Commission for Planning. Six regions recorded participation rates......
Fuel prices in Morocco were revised downward recently, with diesel dropping to around 14.50 dirhams per liter and petrol falling to approximately 14.40 dirhams, reductions of roughly one dirham and 1.10 dirhams respectively. However, several fuel distribution companies have been slow to pass these cuts......
The services sector remains the leading source of employment in Morocco, according to recent data published by the High Commission for Planning (HCP). During the first quarter of 2026, the sector accounted for approximately 5,085,000 employed individuals, representing 49.1% of all wage-earning jobs in......
EasyJet has inaugurated a new direct air route connecting Strasbourg and Marrakech, expanding low-cost connectivity between France and Morocco. The service, which began operating on Sunday, runs twice weekly on Thursdays and Sundays between Strasbourg-Entzheim Airport and Marrakech-Ménara Airport.......
Morocco's Secretariat of State for Crafts and the Social and Solidarity Economy organized the award ceremony for the seventh edition of the national program "Lalla Al Moutaâouina" on April 30 in Rabat, in partnership with the Office for Cooperative Development (ODCO). The event took......
Morocco's ambassador to the United Kingdom, Hakim Hajoui, traveled to Manchester on Friday to present the country's investment opportunities to a broad audience of British business leaders, in a meeting designed to deepen economic ties between the two nations. The event reflected a deliberate......
Morocco’s natural gas imports fell by 15.0% year‑on‑year in the first quarter of 2026, bringing volumes to 1.98 terawatt‑hours over the first three months of the year, according to data from the Washington‑based energy platform Attaqa. While the quarter began with a notable year‑on‑year......
Moroccan Foundation for Financial Education reported that its financial education programs reached 70,827 direct beneficiaries in 2025, marking a 23 percent increase compared with the previous year. The figures were presented during a board meeting held in Rabat under the chairmanship of Abdellatif Jouahri,......
Fuel prices in Morocco declined on May 1, marking the first drop after several months of continuous increases. Across multiple service stations, diesel prices fell by about one dirham per liter, while gasoline recorded a slightly larger decrease of around 1.10 dirhams. Average prices now stand near 14.50......
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