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Economy
Four Moroccan companies have earned spots in Forbes Middle East’s Top 100 Listed Companies 2025, a ranking that highlights the region’s most prominent businesses based on market value, profits, assets, and sales. The featured companies include Attijariwafa Bank, Maroc Telecom, Bank of Africa,......
American aerospace leader Boeing is solidifying its relationship with Morocco's aviation sector at the 55th International Paris Air Show, taking place from June 16 to 22. This partnership highlights Boeing's commitment to enhancing its global supply chain while supporting the burgeoning aerospace......
Two key ministers gathered in Rabat to enhance Morocco’s commitment to sustainability, focusing on integrating clean energy into the nation’s transport systems. Ministers unite for a low-carbon agenda Leila Benali, Minister of Energy Transition, and Abdessamad Kayouh, Minister of Transport......
The Dakhla-Oued Eddahab region, thanks to its economic potential and strategic geographic location, serves as a vital link connecting Africa and Latin America, stated Marco Tulio Gustavo Chicas Sosa, the Ambassador of Guatemala to Morocco, during his visit to Dakhla. Ambassador Chicas Sosa emphasized......
Abdellatif Amrani, Director General of the Moroccan Customs and Indirect Tax Administration, and Donald Conroy, Executive Director for International Operations and Advisory at the U.S. Customs and Border Protection, signed a Declaration of Principles in Rabat confirming Morocco’s participation......
The rise of remote and app-based work is transforming Morocco’s job market, offering new opportunities and flexibility. However, many workers in these growing sectors face significant challenges, including low wages, no health insurance, and a lack of job security, according to a new report by......
The European Investment Bank (EIB) has committed €1.6 billion to finance the Bay of Biscay electricity interconnection, a critical project aimed at strengthening energy links between Spain and France. This initiative comes in response to Spain’s calls for improved infrastructure following......
On Monday, Industry and Trade Minister Ryad Mezzour announced the selection of 1,839 industrial projects aimed at enhancing Morocco’s industrial sovereignty. These projects, chosen by June 10, represent a total investment of MAD 124.9 billion ($12.49 billion). The initiative seeks to strengthen......
Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......
British company Sound Energy has partnered with Gaia Energy Ltd. to develop up to 270 megawatts of solar power at multiple sites across Morocco, marking a significant step in reducing the country’s reliance on imported fossil fuels while advancing its clean energy goals. A strategic partnership......
Morocco’s government is calling on neighborhood shopkeepers, known locally as moul hanout, to adopt digital payment systems in response to mounting competition from retail giants. Secretary of State to the Minister of Industry, Omar Hjira, emphasized the need for these small businesses to modernize,......
Morocco has firmly established itself as a competitive player in the global aerospace sector, according to the Minister of Industry and Trade, Ryad Mezzour, during the opening of the Paris Air Show at Le Bourget. Speaking to MAP, Minister Mezzour highlighted growing international interest in Morocco’s......
Boeing has solidified its presence in Morocco’s aerospace sector by partnering with Casablanca Aéronautique, a subsidiary of France's Figeac Aéro Group, to produce machined parts for the 737 MAX aircraft. The agreement reinforces Boeing’s long-standing engagement in the......
