Economy
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......
RISMA, a hotel group listed on the Casablanca Stock Exchange, has announced plans for a capital increase worth 450 million Moroccan dirhams, aimed at supporting the growth of Morocco’s tourism sector. The company said the operation is part of its long-term development strategy, which focuses on......
Spain’s fishing and canning sectors have voiced strong criticism following Morocco’s decision to suspend exports of frozen sardines to the European Union, while continuing to allow Russian fishing vessels access to its maritime waters. According to Spanish media and industry......
More than 382,000 families have benefited from Morocco’s national “Cities Without Slums” program as of December 31, 2025, Secretary of State for Housing Adib Benbrahim announced on Monday during a session at the House of Representatives. Responding to questions about the program’s......
More than 382,000 families have benefited from Morocco’s national “Cities Without Slums” program by the end of December 2025, according to the Secretary of State in charge of Housing, Adib Benbrahim. Speaking before the House of Representatives in Rabat, Benbrahim said that 62 cities......
Bank Al-Maghrib (BAM), Morocco’s central bank, has announced the withdrawal of several types of banknotes from circulation, effective from January 1, 2026. The decision affects bills that no longer hold legal tender status under Moroccan law. According to a statement issued by BAM, the measure......
In the framework of the Morocco–Belgium bilateral cooperation program 2024–2029, a new initiative aims to strengthen the capacities of sectoral federations and regional branches of the General Confederation of Moroccan Enterprises (CGEM) to respond more effectively to economic and territorial......
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