Economy



Al Mada Group appoints Nafissa El Kassar as chief executive officer

The Board of Directors of Al Mada Group has announced the appointment of Nafissa El Kassar as Chief Executive Officer, effective immediately, following the passing of Hassan Ouriagly, the group’s former Chairman and CEO. During an extraordinary meeting, board members paid tribute to the late Hassan......

Hospitality:RISMA plans a 450 million dirham capital increase

RISMA, a hotel group listed on the Casablanca Stock Exchange, has announced plans for a capital increase worth 450 million Moroccan dirhams, aimed at supporting the growth of Morocco’s tourism sector. The company said the operation is part of its long-term development strategy, which focuses on......

Moroccan sardines: Spain reacts angrily to export ban to the EU and access granted to the Russian fleet

Spain’s fishing and canning sectors have voiced strong criticism following Morocco’s decision to suspend exports of frozen sardines to the European Union, while continuing to allow Russian fishing vessels access to its maritime waters. According to Spanish media and industry......

“Cities Without Slums” program benefits over 382,000 families in Morocco by end of 2025

More than 382,000 families have benefited from Morocco’s national “Cities Without Slums” program as of December 31, 2025, Secretary of State for Housing Adib Benbrahim announced on Monday during a session at the House of Representatives. Responding to questions about the program’s......

“Cities Without Slums” program reaches over 382,000 families by end of 2025

More than 382,000 families have benefited from Morocco’s national “Cities Without Slums” program by the end of December 2025, according to the Secretary of State in charge of Housing, Adib Benbrahim. Speaking before the House of Representatives in Rabat, Benbrahim said that 62 cities......

Bank Al-Maghrib withdraws several banknotes from circulation

Bank Al-Maghrib (BAM), Morocco’s central bank, has announced the withdrawal of several types of banknotes from circulation, effective from January 1, 2026. The decision affects bills that no longer hold legal tender status under Moroccan law. According to a statement issued by BAM, the measure......

Regional Economies: federations strengthened to address territorial challenges

In the framework of the Morocco–Belgium bilateral cooperation program 2024–2029, a new initiative aims to strengthen the capacities of sectoral federations and regional branches of the General Confederation of Moroccan Enterprises (CGEM) to respond more effectively to economic and territorial......

Fintech: Bank Al-Maghrib releases approval guide for project holders

Bank Al-Maghrib has published a new reference guide designed to support entrepreneurs and innovators operating in the fintech sector by clarifying the procedures required to obtain regulatory approval. The document aims to provide greater visibility on the central bank’s approach to supervising......

Stellantis Pro One launches Fiat Professional Tris for urban deliveries

Stellantis Pro One, the commercial vehicle division of the Stellantis Group, unveiled the Fiat Professional Tris, a three-wheeled electric pickup designed for short-distance urban deliveries, at the Brussels Motor Show on Friday. The vehicle was already introduced in Morocco and is scheduled to enter......

Morocco attracts major British group to support strategic industries

The British company PowerForce Global, specialized in industrial maintenance solutions and human resources management in the energy sector, has officially launched its operations in Morocco as part of its expansion strategy in North Africa. According to reports by The Telegraph, the move reflects growing......

Morocco’s industrial activity records slight decline in November 2025

Industrial activity in Morocco experienced a slight slowdown in November 2025, according to the latest business survey released by Bank Al-Maghrib. The data point to a modest contraction in overall output, reflecting mixed performance across industrial sectors. The capacity utilization rate edged down......

Construction: Morocco’s cement market closes 2025 up 8%

Morocco’s construction sector recorded a strong performance in 2025, driven by a significant increase in cement deliveries, according to official data released by the Ministry of Urban Planning. Over the past twelve months, total cement deliveries across the country reached 14.8 million tonnes,......

Morocco’s dams reach 42.5% capacity after recent rainfall

Following recent rainfall across the country, Morocco’s dams have recorded a noticeable improvement in water reserves. As of January 5, 2026, the overall dam filling rate stands at 42.5%, representing a total volume of 7.12 billion cubic meters, according to data published on the national water......

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