Economy



Strengthening Morocco-Mexico ties: business leaders back sovereignty and economic collaboration

The Mexican Business Coordination Council (CCE), the largest employers' organization in Latin America’s second-largest economy, has expressed its support for Morocco’s territorial integrity and emphasized its commitment to bolstering economic and trade relations with the Kingdom. “We......

BCP appoints new leadership to drive strategic growth

The Central Popular Bank (BCP) has announced the appointment of three new director generals in a significant leadership reshuffle aimed at bolstering the bank's strategic development. The decision was made during a recent board meeting, underscoring BCP’s commitment to innovation and growth. The......

World Bank backs Morocco’s FIFA 2030 World Cup preparations

The World Bank has reaffirmed its commitment to supporting Morocco in its preparations for hosting the 2030 FIFA World Cup. Ousmane Dione, the institution’s vice president for the Middle East and North Africa, made this declaration during a meeting on Wednesday with Fouzi Lekjaa, Morocco’s......

OCP Green Water bolsters Casablanca’s water supply with advanced desalination project

OCP Green Water has significantly strengthened water security in Casablanca South by delivering 60 million cubic meters of desalinated water annually, addressing the region’s growing demand for potable water. The initiative, launched in October 2024, represents a major effort to mitigate water......

Morocco’s exceptional energy potential: A gateway to European partnerships

Morocco boasts exceptional assets in the energy sector, stated Gérard Mestrallet, the special envoy of the French President for the India-Middle East-Europe economic corridor, during a meeting in Rabat on Thursday. Among these assets, Mestrallet highlighted “strong, consistent winds in......

Smart energy innovation: new production line for intelligent electric meters inaugurated in Fès

A milestone in Morocco's industrial and energy sectors was marked on Wednesday with the inauguration of a state-of-the-art production line for intelligent electric meters at the Bensouda industrial zone in Fès. The facility, developed by Zinco, a subsidiary of the Zinelec group, represents......

Hyundai Rotem secures landmark $1.5 billion deal to supply double-decker trains in Morocco

Hyundai Rotem has signed a historic $1.5 billion (2.2 trillion won) contract with Morocco’s National Railways Office (ONCF) to supply double-decker trains, marking the largest order ever secured by the South Korean company. The agreement, announced on Wednesday, underscores a significant step in......

Sardine prices spark debate over market regulation in Morocco

A heated debate over fish prices in Morocco has ignited across social media, shedding light on broader concerns about market regulation and affordability, particularly as Ramadan approaches. The controversy began in Marrakech, where Abdolilah, known as Abdo, launched an initiative to sell sardines at......

Morocco’s crypto boom: 6 million citizens embrace digital currencies

The allure of cryptocurrency is spreading rapidly in Morocco, with 6 million individuals—approximately 16% of the population—owning digital assets as of 2024, according to data from French broker HelloSafe. This marks a staggering 60% increase over the past five years, with 2.5 million new......

Morocco's planning commission and World Bank forge data partnership to enhance policy development

The High Commissioner for Planning (HCP) of Morocco, Chakib Benmoussa, and the World Bank Country Director for Maghreb and Malta, Ahmadou Moustapha Ndiaye, signed a cooperation agreement in Rabat on Tuesday. This partnership aims to strengthen capabilities and facilitate the exchange of experience and......

Morocco’s trade ties with Turkiye deepen as imports surge in 2025

Morocco’s imports from Turkiye surged to $225.3 million in January 2025, highlighting the North African nation’s growing role as a key market for Turkish exports. According to data from the Turkish Exporters Council, this marks a significant milestone, solidifying Morocco’s position......

Morocco joins key customs summit in Cairo to shape regional trade strategies

The 61st Meeting of Customs Directors General from North Africa, Near and Middle East convened in Cairo on Sunday, bringing together key customs authorities from across the region. The gathering, hosted by the Arab League General Secretariat in collaboration with Jordan's Customs Administration,......

Morocco ranks among the top 50 most influential countries in global soft power index

Morocco has retained its position in the 2025 edition of the "Global Soft Power Index," securing the 50th rank among the most influential countries worldwide. This achievement places the Kingdom at the forefront of Maghreb nations and among the top-ranking African countries in this prestigious......

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