Economy
Vantage Payment Systems (VPS), a licensed payment institution accredited by Bank Al-Maghrib, has announced a strategic partnership with American Express to strengthen digital payment services in Morocco. This collaboration marks the first time American Express cards will be accepted for e-commerce transactions......
Europe continued to dominate Morocco’s foreign trade in 2024, accounting for 62% of total trade volume, down slightly from 63.2% in 2023, according to the latest annual report by the Moroccan Office of Exchange. European countries provided 56.4% of Morocco’s imports and received 71.4% of......
As Moroccan fruit and vegetable exports surge in the Spanish market, discontent is rising among Spanish farmers who feel increasingly threatened by what they describe as unfair competition. In the greenhouses of Andalusia, a sense of frustration grows as shipments from Morocco climb steadily. In just......
Taking a vacation in Morocco is becoming a luxury fewer Moroccans can afford. What used to be a time for relaxation and travel—whether as a family, couple, or group of friends—has now become financially out of reach for many, including Moroccans living abroad. Once again this year, a growing......
Moroccan asset management firm Alphavest Capital and American aerospace giant Boeing have signed a memorandum of understanding (MoU) to create five aerospace excellence centers in Morocco. This strategic partnership aims to bolster the country’s position as a global leader in the aviation manufacturing......
Royal Air Maroc (RAM), Morocco's national airline, has bolstered its fleet with the arrival of a new Boeing 737 MAX 8, delivered on July 15. This move is part of an ambitious modernization plan aimed at enhancing the carrier’s capacity and global reach. Expanding the fleet The delivery flight,......
Morocco’s co-hosting of the 2030 FIFA World Cup with Spain and Portugal is expected to generate more than 100,000 jobs annually while boosting the nation’s economic growth by 1.7%, announced Economy and Finance Minister Nadia Fettah during the eighth Morocco Today Forum (MTF) in Rabat. Transformative......
Despite Morocco’s strong digital infrastructure and widespread mobile phone use, more than half of the adult population remains excluded from the official financial system, according to the World Bank’s Findex Global Database 2025, released this Wednesday. The report reveals that only 44%......
High-ranking officials and international organizations are praising Morocco’s stability and strategic reforms, positioning the country as a key partner in sectors ranging from infrastructure to renewable energy and aerospace. Morocco as a pillar of stability Naima Moutchou, Vice President of......
Kenitra, July 18, 2025 — Morocco is taking a major step forward in its automotive sector as Stellantis announces a significant €1.2 billion investment in its Kenitra plant, confirming the country’s growing role as a hub for sustainable and electric vehicle production. This investment......
Morocco’s OCP Group has achieved a landmark in water sustainability, completing the country’s longest water pipeline two years ahead of schedule. The 203-kilometer infrastructure transports desalinated water from Jorf Lasfar on the Atlantic coast to the phosphate-rich Khouribga region, addressing......
Morocco's electricity grid has witnessed a significant surge in demand, peaking at around 7.0 gigawatts on June 20, attributed to persistent heatwaves that have increased reliance on air conditioning. This figure represents a nearly 5% rise compared to 2024, according to Energy Transition Minister......
China is seeking to deepen its multisectoral collaboration with Morocco, positioning the North African country as a key entry point for expanding its influence across Africa. The partnership spans healthcare, trade, and technology, with both nations emphasizing shared goals for regional development and......
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