Economy
The European Bank for Reconstruction and Development (EBRD) is considering a new financing package of around €22.6 million to support Procaneq Maroc SA and strengthen its mining services operations in Morocco. The proposed loan, equivalent to approximately 243 million Moroccan dirhams, is currently......
Two decades ago, Morocco relied heavily on imported energy resources to meet domestic demands. Today, under the visionary leadership of King Mohammed Sixth, the Kingdom has transformed into a leading African powerhouse in renewable energy, cross-border electrical interconnections, and strategic international......
Morocco has continued to strengthen its standing as a prominent regional power, leveraging a long-term strategic vision centered on political stability, advanced infrastructure development, foreign investment attraction, and international openness. Over the past two decades, the Kingdom's economic......
The average lending rate applied by Moroccan banks declined to 4.66% in the first quarter of 2026, reflecting an easing trend in credit conditions as Bank Al-Maghrib continued supporting liquidity within the financial system. According to data from the Directorate of Studies and Financial Forecasts......
Morocco recorded a significant improvement in its public finances during the first half of 2026, with the national budget deficit shrinking by more than one-fifth compared with the same period last year. The latest Treasury Revenue and Expenditure Report released by the Ministry of Economy and Finance......
Operation Marhaba 2026 continues to experience a massive surge of travelers, with numbers of Moroccans residing abroad returning to the Kingdom for their summer holidays reaching 1,862,609 individuals by July 20. This figures marks a 1.04 percent increase compared to the same timeframe last year, driven......
Morocco's tourism industry has maintained its exceptional upward trajectory, with border arrivals reaching approximately 9.4 million visitors by the end of June 2026, marking a 6 percent year-on-year increase. According to the latest economic outlook report published by the Directorate of Studies......
Since His Majesty King Mohammed VI ascended to the throne in 1999, Africa has gradually become one of the key pillars of Morocco's foreign and economic policy. Over the course of twenty-seven years, this orientation has transcended traditional diplomatic frameworks to take the form of a strategy combining......
In just over two decades, Morocco has profoundly transformed its industrial profile. Long dominated by low-value-added activities, its productive base now hosts complex manufacturing chains in the automotive, aerospace, and more recently, electric battery technologies. This evolution reflects a long-term......
Morocco has successfully cemented its status as a leading high-tech industrial powerhouse, particularly within the aerospace and automotive sectors, driven by the visionary leadership of King Mohammed VI, according to Gabriel Semilas, Head of Airbus for Africa and the Middle East. In a recent interview......
Morocco’s tourism sector has achieved another major international milestone, with Marrakech’s iconic properties, La Mamounia and Royal Mansour, securing coveted spots among the world’s top 100 hotels for 2026 by the prestigious American magazine Travel + Leisure. The annual ranking,......
Morocco has joined the ranks of nations with the highest corporate income tax rates worldwide after raising its statutory corporate tax rate by one percentage point to 35 percent, according to the latest Corporate Tax Statistics 2026 report published by the Organisation for Economic Co-operation and......
The Moroccan economy is expanding at its fastest pace in more than ten years, heavily propelled by a boom in infrastructure investments and a notable recovery in the agricultural sector, according to a recent World Bank report. Released in its summer economic update titled "Cementing Growth: Digital......
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