Economy
Africa’s aviation industry faces a crisis of over-taxation that threatens to deepen youth unemployment and migration across the continent, according to Esayas Woldemariam Hailu, CEO of ASKY Airlines. Speaking at a World Bank summit in Washington, D.C., Hailu warned that excessive levies on airline......
Morocco’s 2026 Finance Bill, reviewed during a Ministerial Council chaired by His Majesty King Mohammed VI at the Royal Palace in Rabat, aims to drive the country toward sustainable economic growth and social equity. The bill was presented by Minister of Economy and Finance Nadia Fettah, who highlighted......
Half of Moroccan small and medium-sized enterprises (SMEs) still struggle to obtain formal financing from banks or financial institutions, according to a recent survey by the European Investment Bank (EIB), conducted in partnership with the European Union (EU) under the Trade and Competitiveness Programme......
Rabat, October 18, 2025 — The Moroccan dirham depreciated by 0.6% against both the U.S. dollar and the euro during the week of October 9–15, 2025, according to Bank Al-Maghrib (BAM). No foreign exchange auctions were conducted over this period, BAM reported in its latest weekly indicators......
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, affirmed that the kingdom’s economic partnership with Israel remains robust, even though its pace has moderated since the initial surge following the trilateral agreement with the United States and Israel in 2020. During an......
Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......
Hop Lun, a leading international manufacturer of lingerie and swimwear, has expanded its global operations through the acquisition of two Moroccan companies, marking a significant step in its strategic growth plan. The move establishes a new production hub in Morocco, enhancing the company’s proximity......
Morocco and Russia have strengthened their long-standing partnership through a new maritime fisheries cooperation agreement, replacing the previous deal that expired in 2024. The accord reinforces bilateral ties while supporting sustainable fishing practices in Moroccan waters. The agreement was signed......
Coface has upheld Morocco’s “B” rating in its October 2025 Risk Review, confirming the country’s moderate and controlled level of business risk. The decision underscores Morocco’s resilient economic fundamentals despite global volatility and regional pressures. According......
Moroccan families are expressing deep concern about their economic situation, with a new report from the High Commission for Planning (HCP) showing that most believe their living standards have declined over the past year. The findings underscore persistent anxiety about the rising cost of living, job......
Morocco has taken a significant step in strengthening its aerospace infrastructure with the start of construction on a new heavy maintenance hangar for F-16 and C-130 aircraft at Benslimane Airport. The initiative, led by Maintenance Aero Maroc (MAM), marks a new phase in the country’s ambition......
A new national survey reveals that the vast majority of Moroccan households are unable to save money, as rising food prices continue to strain family budgets and erode financial stability across the country. Inflation pressures household finances According to data released by the High Commission for......
The European Bank for Reconstruction and Development (EBRD) has commended Morocco for its remarkable achievements in sustainable development, highlighting its growing role as a regional leader in the green transition and industrial modernization. A model of strategic vision and sustainability In an......
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