Morocco faces economic pressure amid Hormuz Strait tensions

Rising geopolitical tensions in the Middle East are beginning to ripple far beyond the region, placing new pressure on Morocco’s economy. Although geographically distant, the country remains vulnerable to disruptions in the Strait of Hormuz, a crucial route for global oil trade. The most......

Morocco:BIM nears 1,000 stores and strengthens its international position

The Turkish retail giant BİM continues its rapid expansion in Morocco, bringing its network close to the symbolic milestone of 1,000 stores. In 2025 alone, the company opened 144 new outlets, raising its total to 933 points of sale across the country. This strong performance highlights the......

Stronger fuel oversight in Morocco to protect consumers

Morocco is stepping up oversight of its fuel market as global energy volatility continues to impact domestic prices. Rising geopolitical tensions in the Middle East have disrupted supply chains and pushed up international oil prices, creating ripple effects across fuel-importing countries. Highly dependent......

Casablanca strengthens its global standing in financial centers ranking

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......

Moroccan dirham strengthens against the us dollar amid stable financial conditions

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 strengthens oversight of fuel prices amid global market volatility

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......

Francis Jespers named CEO of Allianz Trade Maroc

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 reports 30% revenue growth and 58% net profit rise in 2025

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......

Morocco and Côte d'Ivoire boost economic partnership

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......

AGR cuts Maroc Telecom target price as investment cycle pressures dividends

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......

Othman Benjelloun: Building trust drop by drop in African banking

Othman Benjelloun stands as a cornerstone of Morocco's business landscape. Born in 1933 in Fez, he rose from humble family roots to lead one of Africa's largest banking groups. His journey reflects patience, ethical leadership, and a focus on long-term relationships over quick gains. Roots in......

IMF cuts Morocco's 2026 growth forecast to 4.4% amid global headwinds

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 restructures ownership after Sama Resources exit

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......

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