Economy
The dirham experienced a slight decline against major currencies during the last week of August. According to data from Bank Al-Maghrib (BAM), the national currency depreciated by 0.9% against the US dollar and by 0.2% against the euro between August 27 and September 2, 2026. This development comes as......
Maghreb Steel continues its growth trajectory in the first half of 2026. The Moroccan steelmaker recorded an improvement in its sales and revenue, driven notably by stronger activity in the domestic market. Increased Volumes in the Second Quarter The momentum was particularly confirmed between April......
Auto Hall confirms the attractiveness of its financing operation. The group announced the successful closure of its cash capital increase, with subscription amounts significantly exceeding the initially planned envelope. Validated by the Moroccan Capital Market Authority (AMMC) on July 15, 2026, under......
Morocco welcomed 14.1 million tourists between January and the end of August 2026, marking a 4.5% increase compared with the same period a year earlier, according to the Ministry of Tourism, Handicrafts and Social and Solidarity Economy. The latest figures represent an additional 608,000 visitors compared......
Indian engineering group Suprajit Engineering is expanding the strategic role of its industrial operations in Morocco as part of a broader restructuring of its European manufacturing network. The group has progressively shifted part of its production from Poland to Tangier, while also relocating industrial......
Morocco has strengthened its position as an investment destination, ranking first in Africa and 17th worldwide in the 2026 Investment Freedom Index, according to the latest data compiled by The Global Economy based on assessments by the U.S.-based Heritage Foundation. Morocco scored 80 points out of......
Morocco is taking a new step toward expanding its renewable energy capacity, with an international consortium led by offshore energy consultancy OWC commissioned to conduct a comprehensive feasibility study for the country’s first offshore wind farm. The assignment, commissioned by the European......
Morocco has ranked among the countries where employers face relatively high legal and financial costs associated with hiring and managing workers, according to the 2026 Global Employer Burden Index. The index, published by employment consultancy Employ Borderless, assesses the legal and operational......
Morocco’s call center and offshoring industry is entering a decisive period as rapid digitalization, artificial intelligence and automation begin to transform traditional jobs and services, while regulatory changes in international markets add further pressure on the sector. The National Federation......
Passenger traffic at Al Hoceima’s Cherif Al Idrissi Airport increased by 9.1% during the first seven months of 2026 compared with the same period a year earlier, according to figures released by Morocco’s National Airports Office (ONDA). The airport handled 78,366 passengers between January......
Morocco has strengthened its position among Africa’s leading wealth markets, ranking third on the continent by the number of millionaires, according to the 2026 Africa Wealth Report by New World Wealth. The report, which tracks private wealth across African markets, estimates that total liquid......
Economic diplomacy is increasingly becoming a key component of Morocco’s strategy to strengthen its position in the global economy, attract foreign investment and develop new international partnerships. As competition between countries for capital, markets and strategic economic alliances intensifies,......
Morocco’s fiscal reform agenda has been classified as a medium-term priority by the International Monetary Fund (IMF), distinguishing the country from several major African economies where public finance reforms are considered more urgent. The assessment was included in an IMF report on achieving......
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