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Economy



Chinese carmakers expand presence in Morocco with rapid sales growth

Chinese automakers are increasingly establishing themselves in Morocco’s car market, gaining momentum with remarkable sales growth that challenges the dominance of traditional European brands. Over the past year, Chinese manufacturers have moved from being peripheral players to significant competitors......

Moroccan consortium secures $1.29 billion contract for Mohammed V airport expansion

Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......

Ryanair announces fifth base in Rabat with $200 million investment

Ryanair has announced the opening of its fifth base in Morocco, located in Rabat, starting April 2026. The new base will operate two aircraft and represents an investment of $200 million, offering 20 routes in summer 2026, including seven new connections to major European destinations such as Milan Bergamo,......

Financial concentration and governance behind Sothema’s acquisition of Soludia

The pharmaceutical sector in Morocco is increasingly moving beyond its traditional role as a pillar of public health. Over the years, it has become a strategic space for capital concentration, where value is created, consolidated and transferred through large-scale financial operations, often with limited......

ACWA Power and AfDB join forces to tackle Africa’s energy and water challenges

ACWA Power and the African Development Bank (AfDB) have signed a $5 billion framework agreement aimed at accelerating large-scale projects in the energy and water sectors across Africa. The deal, finalized during the Africa Investment Forum in Rabat, underscores the urgent need to address Africa’s......

Bank Al-Maghrib maintains interest rate at 2.25% amid low inflation and steady growth

Bank Al-Maghrib (BAM) has opted to keep its key interest rate at 2.25%, citing Morocco’s subdued inflation and firm economic growth as reasons for maintaining monetary stability. The decision was announced during the central bank’s final quarterly board meeting of 2025, held in Rabat. Low......

Morocco’s economic growth forecasted to reach 5% in 2025

Bank Al-Maghrib (BAM) has projected Morocco’s economic growth to hit 5% in 2025, driven by robust non-agricultural activity and a recovery in agriculture. The central bank presented this outlook during its final quarterly board meeting in Rabat. Growth is expected to remain solid in the medium......

Morocco-China: 7th joint commission on economic cooperation held in Beijing

The seventh session of the Joint Commission on Economic, Trade, and Technical Cooperation between Morocco and China took place on Tuesday in Beijing. The session, part of the ongoing strategic partnership established in 2016, was co-chaired by Morocco’s Minister of Industry and Trade, Ryad Mezzour,......

Morocco ranks 58th in global crypto adoption, with strong usage but weak regulation

Morocco has been ranked 58th in the 2025 World Crypto Rankings, a comprehensive assessment by Bybit and DL Research that evaluates crypto adoption across 79 countries. The study uses 28 indicators and 92 data points to analyze four key areas: user penetration, transactional use, institutional readiness,......

Money laundering: Morocco ranks among top 10 safest African countries

Morocco has been recognized as one of the safest African countries in the fight against money laundering and terrorist financing, according to the Basel Index 2025. Ranked 100th out of 177 countries worldwide, Morocco is positioned in a moderate vigilance zone at the global level, reflecting ongoing......

EU ambassador praises Morocco-EU economic partnership as trade flourishes

The European Union's ambassador to Morocco, Dimiter Tzantchev, hailed the "remarkable success" of Morocco-EU economic relations during a meeting with the General Confederation of Moroccan Enterprises (CGEM) in Casablanca. Speaking on Monday, Tzantchev highlighted the profound transformation......

Marsa Maroc expands into European ports with €80 million Spanish deal

Marsa Maroc, a leading African port terminal operator, has entered into a strategic agreement to acquire a 45% stake in Boluda Maritime Terminals (BMT), part of Spain’s Boluda Corporación Marítima, for €80 million. This move marks a significant expansion of the Moroccan company’s......

Morocco and Germany sign €450 million financing agreements in Rabat

Morocco and Germany have strengthened their bilateral cooperation with the signing of three financing agreements worth a total of €450 million in Rabat. The agreements were concluded between Morocco’s Minister Delegate in charge of the Budget and the Regional Director for North Africa of the......

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