Economy
Morocco’s Secretary of State for Foreign Trade, Omar Hejira, has called for expanding economic and trade relations with India, emphasizing the importance of a strategic and mutually beneficial partnership. Speaking at the “Business Opportunities in India and West Asia” forum in New......
The overturning of Imad Ben Rajab’s 2023 conviction by Libya’s Supreme Court has revealed systemic weaknesses in the country’s oil and fuel import processes. Beyond clearing Ben Rajab’s record, the case has illuminated gaps in oversight, testing standards, and institutional coordination,......
Mexico’s Business Coordinating Council (CCE), the country’s largest employers’ federation, has reaffirmed its support for Morocco’s territorial integrity during a high-level meeting in Mexico City. The declaration came amid a broader mission by the General Confederation of Moroccan......
Morocco banned cryptocurrency transactions in 2017, but the sector has continued to grow under the radar. A new law in development may finally regulate the industry, marking a pivotal shift in the country’s approach to digital currencies. A firm stance on crypto In November 2017, Morocco’s......
Morocco’s achievements in civil aviation safety and governance were recognized on Tuesday during the 42nd session of the International Civil Aviation Organization (ICAO) Assembly in Montreal. ICAO Council President Salvatore Sciacchitano presented Morocco’s Transport and Logistics Minister......
Morocco and India have inaugurated a new defense manufacturing facility in Berrechid, marking a significant milestone in their strategic partnership. The plant, named TATA Advanced Systems Maroc (TASM), will produce WhAP 8×8 armored combat vehicles for Morocco's Royal Armed Forces and international......
Morocco has solidified its position as a major supplier in the European Union’s tomato market, recording a 40% increase in exports over the past decade. During the 2024/2025 campaign, Moroccan tomato exports reached 568,370 tons, accounting for 19.63% of the EU’s total imports and generating......
Morocco’s renewable energy potential could meet up to 50% of the European Union’s electricity demand, according to Ryad Mezzour, Morocco’s Minister of Industry and Commerce. In an interview with Italian newspaper La Verità, Mezzour highlighted Morocco’s ability to mobilize......
Morocco has secured a €100 million loan from the OPEC Fund for International Development, marking another step forward in its efforts to strengthen economic governance and combat the challenges posed by climate change. This funding, part of the Program to Support Economic Governance and Climate......
Marsa Maroc has finalized a major agreement with Chinese manufacturing giant ZPMC to supply 18 next-generation container gantries, as part of its strategic push to enhance Moroccan port infrastructure under its “Marsa 2030” vision. The deal was concluded during a meeting in Casablanca between......
The General Confederation of Moroccan Enterprises (CGEM) and the Confederation of Industrial Chambers of Mexico (CONCAMIN) signed a memorandum of understanding (MoU) on Monday in Mexico City, marking a significant step toward strengthening economic and industrial cooperation between the two nations. Strategic......
Morocco’s annual inflation rate dropped to 0.3% in August 2025, down from 0.5% in July, marking the lowest rate since April 2024, according to the High Commission for Planning (HCP). This reflects an ongoing easing of price pressures, despite notable increases in specific consumer costs. Consumer......
INNOVX has secured $110 million in financing from Bank of Africa to support the development of its subsidiary, Fluoralpha, which is spearheading a groundbreaking project in Jorf Lasfar, Morocco. This initiative focuses on recovering fluorine from Moroccan phosphate rocks, reinforcing Morocco’s......
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