Economy
Insurance leaders and technology innovators gathered in Casablanca for the fourth edition of the African Insurance Awards, where industry players outlined the sector’s trajectory for the next decade across the continent. The event, held at the Hyatt Regency Casablanca, brought together companies,......
The International Monetary Fund (IMF) has cautioned Morocco about potential budget overruns and rising debt risks linked to large-scale infrastructure projects for the 2030 FIFA World Cup. While these investments could boost economic growth, careful financial management is essential to avoid long-term......
Fuel prices in Morocco are set to rise again starting Tuesday at midnight, with diesel increasing by 1.70 dirhams per liter and gasoline by 1.57 dirhams per liter. This comes after previous hikes in mid-March and amid ongoing volatility in international energy markets. According to industry sources,......
Tanger Med, Africa's largest container terminal, is preparing for a potential increase in ship calls as escalating tensions in the Middle East prompt major shipping companies to reroute vessels. Idriss Aarabi, the port’s director general, told Reuters that the port is taking steps to prevent......
Rabat has secured the 29th position out of 80 cities in the latest Global Emerging Cities Attractiveness Index. The ranking evaluates urban performance using sixteen quantitative indicators across economy, environment, social integration, and infrastructure. With a score of 6.20 points, Morocco’s......
Morocco continues to maintain its position in the European apparel market despite a challenging economic environment. Faced with slowing consumer demand and intensifying competition from Asian producers, the country’s textile sector has demonstrated resilience while undergoing structural changes. Moroccan......
Rising geopolitical tensions in the Middle East are beginning to ripple far beyond the region, placing new pressure on Morocco’s economy. Although geographically distant, the country remains vulnerable to disruptions in the Strait of Hormuz, a crucial route for global oil trade. The most......
The Turkish retail giant BİM continues its rapid expansion in Morocco, bringing its network close to the symbolic milestone of 1,000 stores. In 2025 alone, the company opened 144 new outlets, raising its total to 933 points of sale across the country. This strong performance highlights the......
Morocco is stepping up oversight of its fuel market as global energy volatility continues to impact domestic prices. Rising geopolitical tensions in the Middle East have disrupted supply chains and pushed up international oil prices, creating ripple effects across fuel-importing countries. Highly dependent......
Casablanca continues to reinforce its position as a leading financial hub in Africa, according to the latest edition of the Global Financial Centres Index (GFCI). The Moroccan city ranked 49th globally among 120 financial centers, gaining seven places over the past year. This progress highlights......
The Moroccan currency has shown a modest appreciation against the US dollar, reflecting stable conditions in the country’s financial markets. According to Bank Al-Maghrib, the dirham gained 0.5% against the dollar over a one-week period, while remaining broadly stable against the euro. This......
Morocco’s Conseil de la concurrence has announced stricter monitoring measures to oversee how international fuel price fluctuations are reflected in the domestic market, as global energy volatility continues to rise. The decision comes in response to recent sharp increases in oil and petroleum-derived......
Allianz Trade has appointed Francis Jespers as CEO for Morocco effective March 1, 2026. He succeeds Stéphane Rutili, who is retiring after a distinguished career with the group. Jespers currently serves as Program Director for Northern Europe at Allianz Trade. He brings over 30 years of international......
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