Economy
The producer price index (PPI) for the "manufacturing industries excluding petroleum refining" sector fell by 0.1% in August 2025 compared with July, according to the High Commission for Planning (HCP). The decline reflects a drop in prices of 0.2% in the food......
RISMA reported a revenue of 653 million MAD in the first half of 2025, up from 597 million MAD a year earlier, representing a 9% year-on-year growth, primarily driven by an 8% increase in overnight stays. The hotel operator recorded an occupancy rate of 58% in the first semester, up 3 points compared......
Montreal – Morocco and the International Civil Aviation Organization (ICAO) signed a management services agreement on Saturday to expand their bilateral cooperation, on the sidelines of the 42nd ICAO Assembly. The agreement was signed by Abdessamad Kayouh, Morocco’s Minister of Transport......
Morocco has achieved a historic milestone in its onion exports during the 2024-2025 season, reaching record volumes following the lifting of export restrictions to West Africa. According to data from the specialized platform EastFruit, the country exported 64,900 tons of fresh onions between June 2024......
OCP Group, Morocco’s state-owned phosphate and fertilizer producer, recorded strong financial results in the first half of 2025, driven by higher export volumes, robust demand across key markets, and growth in customized fertilizer solutions. Revenues and profitability The Group posted revenues......
The American rating agency Standard & Poor’s (S&P) has upgraded Morocco’s sovereign credit rating, restoring the country to the coveted “investment grade” category. Morocco had lost this status in 2021 following the economic fallout of the COVID-19 pandemic. The positive......
The foreign ministers of Sahel nations, members of the Confederation of the Alliance of Sahel States, have expressed their unwavering support for His Majesty King Mohammed VI’s Atlantic Initiative. The announcement came during a follow-up meeting held on Wednesday in New York, alongside the 80th......
Morocco has been recognized as a global leader in trade digitalization and facilitation by the United Nations Conference on Trade and Development (UNCTAD) in its 2025 Review of Maritime Transport. The accolade comes thanks to PORTNET, Morocco’s electronic single window for port and trade operations,......
French transport giant Alstom has secured a €260 million contract to upgrade the railway line connecting Kenitra and Settat, marking a major milestone in Morocco’s ongoing rail sector transformation. The deal, signed with a consortium that includes Alstom, INEO Rail, and INEOLUM, will see......
The United States has taken a decisive step toward reinforcing its recognition of Morocco’s sovereignty over Sahara by promoting economic cooperation and investment in the region. In a landmark announcement, US Deputy Secretary of State Christopher Landau revealed plans to encourage American......
Abdellatif Hammouchi, the General Director of Morocco’s Security and Territorial Surveillance (DGSN-DGST), is leading a high-level delegation to the United Arab Emirates (UAE) to enhance security cooperation between the two countries. The visit, which began on Tuesday, reflects the strong bilateral......
Rabat – Moroccan authorities have launched a national dialogue to boost the development of seaweed farming, positioning it as a cornerstone of the country’s emerging blue economy. Zakia Driouch, Secretary of State in charge of Maritime Fisheries, brought together experts, investors, and......
The General Confederation of Moroccan Enterprises (CGEM) has appointed Ali Belhaj as the new president of the Morocco-UK Business Council. The announcement was made during CGEM’s board meeting on September 15 and is part of the organization’s efforts to strengthen economic and trade relations......
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