Economy
Casablanca continues to reinforce its position as a leading financial hub in Africa, according to the latest edition of the Global Financial Centres Index (GFCI). The Moroccan city ranked 49th globally among 120 financial centers, gaining seven places over the past year. This progress highlights......
The Moroccan currency has shown a modest appreciation against the US dollar, reflecting stable conditions in the country’s financial markets. According to Bank Al-Maghrib, the dirham gained 0.5% against the dollar over a one-week period, while remaining broadly stable against the euro. This......
Morocco’s Conseil de la concurrence has announced stricter monitoring measures to oversee how international fuel price fluctuations are reflected in the domestic market, as global energy volatility continues to rise. The decision comes in response to recent sharp increases in oil and petroleum-derived......
Allianz Trade has appointed Francis Jespers as CEO for Morocco effective March 1, 2026. He succeeds Stéphane Rutili, who is retiring after a distinguished career with the group. Jespers currently serves as Program Director for Northern Europe at Allianz Trade. He brings over 30 years of international......
Vicenne's board met March 25 under Adil Bennani's chairmanship to approve 2025 consolidated financials. The year delivered strong activity growth with tight operational cost control, boosting profitability across key metrics. Consolidated revenue hit 1,084 million dirhams, crossing the billion-dirham......
Omar Hejira, Morocco's secretary of state for foreign trade, visited Abidjan to meet Ivorian public and private sector leaders. The talks aimed to strengthen bilateral trade and advance balanced South-South cooperation focused on mutual development. This effort aligns with Morocco's 2025-2027......
Attijari Global Research has maintained a hold recommendation on Maroc Telecom while lowering its target price to 100 dirhams from 110 dirhams, citing a more demanding financial environment shaped by heavier capital spending and reduced dividend generosity. The research house acknowledges the operator's......
The International Monetary Fund has revised down its growth projection for Morocco, now forecasting real GDP expansion of 4.4% in 2026 and 4.5% in 2027, with growth expected to stabilize around 4% over the medium term. The updated figures, released following the IMF Executive Board's 2026 Article......
Falcon Energy Materials, the company specializing in graphite anode production for batteries, has made a strategic restructuring of its ownership following the complete withdrawal of Sama Resources, one of its key historical investors. This transition, occurring alongside a recent capital raise, reflects......
The second Morocco Italy Economic Summit opened on Tuesday in Rabat, focusing on strengthening trade ties and accelerating investment flows between the two countries. Organized by the Moroccan Chamber of Commerce in Italy in partnership with the Italian Chamber of Commerce in Morocco, the event aims......
Red meat prices in Morocco are expected to ease in the short term following the arrival of more than 40,000 head of cattle imported from Brazil and Uruguay. These shipments, purchased earlier in the year at lower prices, are set to increase supply and bring temporary relief to a market that has experienced......
The Moroccan government has introduced a new exceptional support program for freight and passenger transport operators, aiming to mitigate the impact of rising global oil prices on domestic fuel costs. The measure follows a similar initiative launched in March 2022 and is intended to limit the effects......
Bank Al-Maghrib projects a notable acceleration of Morocco’s economic growth, expecting it to reach 5.6% in 2026, up from an estimated 4.8% in 2025, before slowing to 3.5% in 2027. In its first quarterly meeting of the year, the central bank attributed this expected surge primarily to favorable......
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