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Economy
Water reservoirs in the Bouregreg-Chaouia basin have reached a high average storage level, reflecting a significant improvement in water availability compared with last year. According to data released by the Bouregreg-Chaouia Hydraulic Basin Agency, dams in the region recorded an average fill rate of......
The Moroccan General Directorate of Taxes (DGI) has released the 2026 edition of the General Tax Code (CGI), updating the previous 2025 version to incorporate the changes introduced by Finance Law No. 50-25 for the 2026 fiscal year, enacted on December 10, 2025. The updated code is organized into three......
Tanger Med Port has established itself as one of Africa’s most strategic maritime hubs, driven by its strong performance, advanced organization, and central role in global trade flows, according to observations highlighted by the Ivorian media. Located at the crossroads of Europe and Africa, the......
The Moroccan dirham recorded mixed movements on the foreign exchange market during the week from December 18 to 24, 2025, according to data released by Bank Al-Maghrib. Over this period, the national currency appreciated against the US dollar while showing a slight decline against the euro. Central......
Russia’s agricultural control agency, Rosselkhoznadzor, has temporarily blocked the import of a Moroccan tomato shipment after detecting alleged traces of two plant viruses during inspection. According to Russian media outlet Newkaliningrad, the agency carried out quarantine and phytosanitary......
Morocco’s citrus industry is set to experience moderate growth in the 2025/26 marketing year, with tangerine and mandarin production projected to reach 1.15 million metric tons, a 4% increase compared to the previous season. Favorable weather conditions and the natural growth cycle of citrus trees......
Morocco’s entrepreneurial landscape is thriving, with an impressive tally of 92,232 new businesses registered by the end of October 2025, as reported by the Moroccan Office of Industrial and Commercial Property (OMPIC). These numbers reflect the country’s unwavering momentum in the realms......
Morocco exported a record 112,000 tons of avocados between September 2024 and August 2025, marking a significant milestone in the country’s agricultural export sector. Data from EastFruit highlights that this represents a “new all-time high,” with export revenues surpassing $300 million......
Morocco’s Banque Centrale Populaire (BCP) has completed the acquisition of the remaining shares of Atlantic Business International (ABI), becoming the sole owner of the west African financial group, according to an official statement released on Wednesday. BCP finalized the purchase of a 20.17......
Morocco has introduced its 2026 Finance Law, officially Law No. 50-25, which outlines a comprehensive fiscal framework designed to consolidate economic growth, support job creation, and ensure fair taxation. The legislation continues the government’s broader reform strategy aimed at strengthening......
Binance’s native cryptocurrency, BNB, is facing renewed downward pressure as it approaches a critical support level, raising concerns among traders about a potential deeper correction. The token has lost momentum after a sharp retreat from its December highs, underscoring growing caution in the......
Morocco and Japan have strengthened their long-standing partnership in the fisheries sector by signing a new grant agreement to advance the redevelopment of the Souiria K’dima fishing village. The initiative aims to modernize artisanal fishing infrastructure, support the blue economy, and drive......
Saham Paiements is set to acquire part of the merchant portfolio of Morocco’s Interbank Monetary Center (CMI), in line with the national initiative to modernize payment services. The move aims to increase competition among payment institutions, encouraging innovation and diversified solutions......
