Economy
Morocco and South Korea are advancing toward a significant deepening of their bilateral economic relationship, with both countries agreeing to explore the early launch of negotiations for a Comprehensive Economic Partnership Agreement. The move signals a deliberate effort by Rabat to diversify its international......
Germany-based automotive supplier SFC Automotive Solutions has inaugurated a new industrial facility within the Tanger Med industrial zone, adding a significant investment to Morocco's rapidly expanding automotive sector. The ceremony brought together Morocco's Minister Delegate in charge of......
Morocco's automotive sector exports reached approximately MAD 42 billion, equivalent to $4.57 billion, by the end of March 2026, a 12.1 percent increase compared to the same period in 2025, according to the latest monthly external trade indicators released by the Foreign Exchange Office. The performance......
Morocco has inaugurated a new industrial production unit dedicated to fiberglass-reinforced pipes, marking a concrete step in the country's drive to reduce dependence on imported materials for its water infrastructure and key industrial sectors. The FlowPipe facility, located in Mohammedia, was launched......
Morocco's capital markets delivered an uneven performance in the first quarter of 2026, with March trading activity picking up sharply even as several key indicators remained in negative territory for the year. The contrast between rising transaction volumes and declining valuations reflects cautious......
China's decision to eliminate import duties on goods from 53 African countries, effective May 1, has handed Morocco's argan oil industry a direct route into one of the world's largest consumer markets. Producers in the country's arid southwest are positioning the sector for what they......
Morocco's automotive sector delivered a strong export performance in the opening quarter of 2026, with sales abroad reaching nearly 42 billion dirhams by the end of March, a 12.1% increase compared to the same period a year earlier. The figures, released by the Office des Changes in its latest monthly......
Two of Morocco's most prominent retail groups have announced plans to merge, marking a significant consolidation in the country's distribution sector. Label'Vie S.A. and Retail Holding S.A. have formally disclosed their intention to combine through an absorption operation, creating a unified......
Remittances sent by Moroccans living abroad continued their upward trajectory in the first quarter of 2026, reaching 29.7 billion dirhams by the end of March, compared to 26.62 billion dirhams recorded during the same period in 2025. The figures, published by the Office des Changes, represent an annual......
Morocco's labor market displayed pronounced regional disparities in the first quarter of 2026, with activity rates ranging from well above to significantly below the national average of 41.8%, according to data released by the High Commission for Planning. Six regions recorded participation rates......
Fuel prices in Morocco were revised downward recently, with diesel dropping to around 14.50 dirhams per liter and petrol falling to approximately 14.40 dirhams, reductions of roughly one dirham and 1.10 dirhams respectively. However, several fuel distribution companies have been slow to pass these cuts......
The services sector remains the leading source of employment in Morocco, according to recent data published by the High Commission for Planning (HCP). During the first quarter of 2026, the sector accounted for approximately 5,085,000 employed individuals, representing 49.1% of all wage-earning jobs in......
EasyJet has inaugurated a new direct air route connecting Strasbourg and Marrakech, expanding low-cost connectivity between France and Morocco. The service, which began operating on Sunday, runs twice weekly on Thursdays and Sundays between Strasbourg-Entzheim Airport and Marrakech-Ménara Airport.......
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