Economy
Morocco’s automotive exports rose to more than MAD 12.24 billion, or $1.34 billion, in January 2026, marking a 19.1 percent increase from the same month a year earlier, according to data released by the Exchange Office. The sector’s expansion contrasted with a 2.7 percent decline in overall......
Moroccan construction and engineering group SGTM reported consolidated revenue of MAD 15.2 billion, or $1.52 billion, in 2025, up 36.6 percent from MAD 11.1 billion in 2024. The company linked the increase to faster execution of ongoing projects and the launch of major infrastructure programs. Fourth-quarter......
Morocco’s industrial sector began 2026 with uneven performance, as overall production slowed and sales declined across several branches, according to Bank Al-Maghrib’s latest monthly survey. The central bank reported that factories operated at 77 percent of capacity in January, indicating......
Morocco is accelerating an industrial shift in its southern regions by aligning large-scale green hydrogen projects with its national digital and artificial intelligence agenda. On 5 February 2026 in Rabat, Prime Minister Aziz Akhannouch signed preliminary land reservation agreements with national and......
Morocco has begun cautious but concrete trials of a central bank digital currency, as Bank Al‑Maghrib pilots a digital dirham for peer‑to‑peer and cross‑border transactions. Governor Abdellatif Jouahri has described the initiative as a strategic, gradual shift in payment infrastructure, supported......
The latest military escalation between the United States and Iran has unsettled global financial markets and revived concerns about energy security, with potential consequences extending beyond the Gulf to economies such as Morocco. Reciprocal strikes on Iranian positions and American bases across the......
Morocco’s automobile sector recorded exports worth over 12.24 billion dirhams (MMDH) in January 2026, marking a 19.1% increase compared to the same period in 2025, according to the Foreign Exchange Office. This growth was driven by strong sales in the “Construction” segment, which......
Morocco’s olive canning sector is regaining momentum after two campaigns marked by drought. Driven by a national production estimated at nearly two million tonnes, the current season is giving fresh impetus to a strategic sector for the agri-food industry and exports. According to estimates relayed......
The National Office of Electricity and Drinking Water (ONEE) continues renewing its energy supply contracts with the awarding of a new contract to Afriquia SMDC for the provision of special fuel oil for the Tétouan gas turbine power plant. This award confirms the company’s recurring presence......
Preliminary data for 2025 published by Destatis highlight a strong acceleration in trade relations between Morocco and Germany, with total bilateral trade surpassing 7.3 billion euros for the first time. According to updated foreign trade statistics, commercial exchanges between......
Support for financing very small, small, and medium-sized enterprises (MSMEs) in Morocco has reached a new milestone. The European Union and the German development bank KfW have officially launched a guarantee mechanism equivalent to 1.5 billion dirhams to facilitate access to credit for the most vulnerable......
Against a backdrop of repeated droughts, energy shocks and the economic fallout from the war in Ukraine, Morocco has managed to keep inflation relatively low compared with many emerging economies. Periods of sharp price increases did occur, but they were followed by phases of marked disinflation. The......
The Tanger Med port complex has consolidated its position as the leading maritime hub in the western Mediterranean, overtaking major Spanish ports and steadily closing the gap with Europe’s largest container gateways. Located in northern Morocco, Tanger Med has recorded sustained growth in international......
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