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Economy



Policy evaluation drives transformation in Morocco's public sector

Investment Minister Karim Zidane has underscored the critical role of policy evaluation as a transformative tool for ensuring effective governance and aligning public action with citizens' needs. Speaking at a study day in Rabat focused on public-policy evaluation, Zidane described it as a "strategic......

Moroccan Tomatoes: Ireland emerges as a fast-growing market

Morocco is steadily strengthening its influence in the European fruit and vegetable sector, and Ireland has recently become one of the most dynamic destinations for Moroccan tomatoes. According to general trade data from international market trackers and Irish statistical sources, Morocco exported approximately......

Al Barid Bank empowers Moroccan professionals with Visa Business card launch

Al Barid Bank has unveiled its new Visa Business card, a strategic initiative aimed at supporting Morocco’s professionals, entrepreneurs, and small business owners. This launch comes as the country’s digital economy accelerates, offering a robust financial tool tailored to the unique needs......

SGTM gains AMMC approval for landmark Casablanca IPO

La Société Générale des Travaux du Maroc (SGTM), a leading Moroccan construction and infrastructure group, has officially received approval from the Moroccan Capital Market Authority (AMMC) to launch its highly anticipated initial public offering (IPO) on the Casablanca Stock......

Lekjaa warns against steep tax hikes on e-cigarettes, citing smuggling risks

Fouzi Lekjaa, Morocco’s Minister Delegate in charge of the Budget, has cautioned against sharp increases in taxes on nicotine products, including electronic cigarettes, warning that such measures could have unintended consequences. Speaking about the government’s tax strategy, Lekjaa emphasized......

Spanish gaming giant expands into Marrakech’s iconic casino

The Spanish gaming group Circa, known for its online gaming platforms and physical slot-machine operations, has finalized an agreement to acquire 50% of the historic Casino de Marrakech, located within the prestigious La Mamounia Hotel. This major move fits into the company's broader expansion strategy,......

Morocco receives first shipment of rails from China for high-speed railway

Morocco is set to receive its inaugural shipment of 6,457 steel rails from China for the Kenitra-Marrakech high-speed railway project. The 36-meter-long rails, weighing 13,000 tons, departed from Bayuquan Port in China’s Liaoning Province on November 15, marking the first delivery under a major......

Moroccan real estate firm EKTAR secures $100 million for luxury housing project

EKTAR, a leading Moroccan real estate investment firm, has successfully raised over MAD 1 billion ($100 million) in its inaugural fundraising round, partnering with family offices and institutional investors. The funds will be used to develop a premium residential project featuring ELIE SAAB-branded......

Gasoil imports rise as revenues and tax receipts decline in Morocco

Morocco's Competition Council has unveiled its seventh quarterly report on the wholesale fuel market, analyzing the performance of nine major distributors during the second quarter of 2025. The report highlights key trends in import volumes, pricing, storage capacities, and gross margins across gasoil......

Morocco advances desalination projects to secure long-term water supply

Amid mounting climate challenges and dwindling water reserves, Morocco is accelerating its desalination strategy to meet rising demands and ensure a sustainable water supply. This shift is driven by an ambitious plan to double investments in desalination by 2033, leveraging advanced technology and renewable......

Transavia expands Moroccan network with Amsterdam-Rabat route launch

Transavia has officially inaugurated its first flight connecting Amsterdam and Rabat, marking a significant milestone in the Dutch airline’s expansion into North Africa. The inaugural flight, which departed from Amsterdam's Schiphol Airport, was attended by Transavia CEO Marcel de Nooijer and......

Morocco solidifies position as top Arab destination for renewable energy investment

Morocco has emerged as one of the leading markets for renewable energy investment in the Arab region, according to a recent report by the Arab Investment and Export Credit Guarantee Corporation (Dhaman). The study, which spans the period from 2003 to 2024, highlights the country's consistent performance......

Bank of Africa launches Brahim Diaz-themed collector cards for AFCON 2025

Bank of Africa has unveiled two exclusive, limited-edition bank cards featuring Moroccan football star Brahim Diaz ahead of the highly anticipated Africa Cup of Nations (AFCON) 2025. The tournament, taking place in Morocco from December 21, 2025, to January 18, 2026, marks the first time the country......

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