Morocco has emerged as the fourth most indebted country in Africa, with external debt reaching $45.65 billion in 2023, according to a report by the African Export-Import Bank (Afreximbank). The report, titled “State of Play of Debt Burden in Africa and the Caribbean," highlights Morocco’s......
Morocco imposes temporary tariffs of up to 92% on Egyptian PVC to protect national industry Morocco has imposed provisional anti-dumping duties on polyvinyl chloride (PVC) imports from Egypt. The new tariffs range from 74.87% to 92.19%, targeting imports under tariff code 3904.10.90.00. The decision......
Remittances from the Moroccan diaspora dropped by 3.7% by the end of April 2025 compared to the same period in 2024, according to the latest data from the Exchange Office. The total volume of funds sent home fell from MAD 37.27 billion ($4 billion) to MAD 35.9 billion ($3.88 billion), marking a decrease......
Morocco is poised to transition to a floating exchange rate regime in 2026, a move that underscores the critical role of its diaspora in maintaining economic stability. With over five million Moroccans living abroad, remittances have become a cornerstone of the national economy, reaching MAD 117.7 billion......
Morocco has secured a spot in the top 10 African startup ecosystems, according to the latest Global Startup Ecosystem Index 2025 from American consulting firm StartupBlink. The ranking shows progress for the North African country, but also reveals barriers that still limit growth. Morocco recorded the......
Morocco aims to export 3,000 vehicles yearly to the Egyptian market, according to Egypt-Morocco Business Council President Nizar Abu Ismail. This initiative is part of a comprehensive plan to rebalance trade between the two countries, he noted in an interview with Al Borsa News. Abu Ismail highlighted......
Around 30 Egyptian companies are planning to set up factories in Morocco over the next three years, as part of a broader strategy to expand Egypt’s investment footprint across North Africa. This initiative aims to leverage Morocco’s strategic geographic position near Europe and its network......
Morocco is poised to dramatically elevate its exports to Egypt, with officials anticipating an increase from MAD 755 million ($75 million) to MAD 5 billion ($500 million) over the next three years. This ambitious goal emerges following a recent high-profile trade mission and symbolizes a new chapter......
In a significant move for regional aviation, the Arab Civil Aviation Organization (ACAO) has officially endorsed Morocco, among other Arab nations, as candidates for the International Civil Aviation Organization (ICAO) Council. This decision, made during an extraordinary general assembly in Rabat, also......
In a significant effort to enhance trade relations, a delegation of Moroccan exporters is poised to visit Cairo this weekend. This initiative aims to explore new business opportunities and bolster the exchange of goods between Morocco and Egypt, as stated by the Moroccan Confederation of Exporters (ASMEX). Comprising......
Morocco is stepping up its efforts to deepen trade relations with Egypt. From May 3 to 5, a high-level Moroccan economic delegation, comprising both institutional representatives and private sector leaders, is on an official visit to Cairo. The aim is to boost bilateral relations and enhance commercial......
The Société Centrale de Réassurance (SCR) has officially rebranded as Atlantic Re, marking a significant shift in the company’s strategic direction. This announcement coincided with the inauguration of its new headquarters at Casablanca Finance City, reinforcing its commitment......
The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......
