Economy
Morocco's exports to the European Union reached €2.5 billion in May 2026, reflecting a modest increase compared with the same month last year, according to the latest trade figures released by Eurostat. Imports from the EU stood at €2.8 billion, underscoring the strength of the long-standing......
Morocco has strengthened its position as one of the world's emerging destinations for the electric vehicle (EV) industry, according to the World Investment Report 2026 published by the United Nations Conference on Trade and Development (UNCTAD). The report highlights Morocco among a group of fast-growing......
The World Bank has launched the GovTech Innovation Challenge 2026, inviting technology companies from around the world to develop innovative digital solutions that can improve public financial oversight and strengthen government accountability in Morocco. Organized in partnership with the Swiss State......
Morocco and France continue to develop their partnership in the agricultural sector. Meeting on Thursday in Rabat, Moroccan Minister of Agriculture, Maritime Fisheries, Rural Development and Water and Forests, Ahmed El Bouari, and his French counterpart, Annie Genevard, reaffirmed their commitment to......
Morocco is moving forward with its ambition to establish a modern maritime industry as it advances plans for a major shipbuilding and ship repair complex at the Port of Casablanca. The project has attracted strong international interest, highlighting the country's growing appeal as a strategic destination......
Stellantis has officially launched production of its new Smart Car platform at its manufacturing facility in Kenitra, Morocco, marking an important milestone in the company's industrial strategy for the Middle East and Africa. The new platform will initially support the production of the Fiat Fastback......
Morocco is strengthening its position as a key player in the global clean energy transition, with several European partners viewing the Kingdom as a promising regional hub for the production and export of green hydrogen and renewable electricity. The growing interest reflects Morocco's abundant......
Morocco has been ranked 15th worldwide in the 2026 Global Employer Burden Index, highlighting the relatively high financial and legal obligations employers face when hiring and managing employees. The index, published by international employment solutions provider Employ Borderless, evaluates 192 countries......
Italy has approved a €100 million sovereign financing package for Morocco to support the implementation of its national water strategy, as part of Rome’s Mattei Plan aimed at strengthening economic and development partnerships with African countries. The funding, included in an Italian government......
Mastercard has expanded its global Priceless platform to Morocco, making the country one of the first African destinations to be featured in the exclusive travel and lifestyle program. The initiative is designed to promote Morocco's tourism potential by offering cardholders access to unique cultural,......
Morocco and the World Bank have launched a new 10-year partnership framework aimed at supporting the country's long-term economic transformation, strengthening the private sector, and creating more employment opportunities. The agreement reflects a shared commitment to building a more competitive,......
The World Bank has identified greater female participation in Morocco's labor market as a key driver of long-term economic growth, emphasizing that social and family responsibilities continue to prevent many women from entering or remaining in the workforce. In its Country Partnership Framework......
Morocco is accelerating investment in wind energy as part of its long-term strategy to strengthen energy independence and expand the role of renewable sources in its electricity mix. The country aims to have renewable energy account for 52% of its installed electricity generation capacity by 2030, reinforcing......
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