Economy
Morocco has taken a significant step toward becoming a global aerospace powerhouse with the inauguration of Safran’s new aircraft engine complex in Nouaceur. Presided over by His Majesty King Mohammed VI, the event marks the country's entrance into the elite group of nations capable of producing......
Morocco and China reaffirmed their shared commitment to deepening economic cooperation during a high-level meeting in Rabat, where Head of Government Aziz Akhannouch welcomed a delegation from China’s Anhui province led by Liang Yanshun, Secretary of the Chinese Communist Party for the region. The......
Morocco stands out as one of Africa’s strongest performers in reducing poverty, yet deepening water shortages are quietly undermining that progress for millions of citizens, according to a recent Afrobarometer report. The study highlights a striking paradox: while Morocco ranks high on traditional......
German engineering group Masterflex has launched the construction of a new aerospace components factory within Morocco’s Midparc free trade zone near Casablanca, marking a major step in the company’s expansion into North Africa’s growing aviation industry. The groundbreaking ceremony,......
Morocco’s National Investment Commission (CNI) has approved 250 investment projects totaling MAD 414 billion, during nine sessions held so far, announced Karim Zidane, Minister Delegate in charge of Investment, Convergence, and Evaluation of Public Policies, on Tuesday before the House of Councillors. Responding......
Morocco’s economy expanded by 5.5% in the second quarter of 2025, marking its fastest growth rate since the post-pandemic rebound of 2021, according to the High Commission for Planning (HCP). The growth was driven by robust performances in the manufacturing, mining, construction, and hospitality......
Morocco’s leading urban centers are gaining prominence as some of Africa’s priciest rental markets, underscoring significant shifts in the continent’s housing dynamics. Recent data from Numbeo, a global cost-of-living database, places three Moroccan cities among the 20 most expensive......
Morocco has approved a major reform of its Code of Commerce to restore confidence in cheques as a reliable payment instrument and to ease the legal burden caused by unpaid transactions. The Council of Government validated the draft bill during its latest meeting, with government spokesperson Mustapha......
AtlantaSanad Assurance has launched Morocco’s first insurance product dedicated to electric scooter users, marking a milestone in the country’s evolving urban mobility landscape. Announced on Wednesday, the initiative aims to protect riders and third parties while fostering safer and more......
Through OCP Group’s Al Moutmir initiative, ElleMoutmir is transforming Morocco’s rural landscape by positioning women at the center of agricultural sustainability and inclusive growth. The program equips women with essential agronomic, digital, and entrepreneurial skills, empowering them......
TotalEnergies Marketing Morocco will hold an ordinary general meeting (AG) extraordinarily on November 11, 2025. Shareholders are expected to ratify the co-option of Pierre-Emmanuel Bredin as a board member, following the decision of the board of directors on September 22, 2025. The meeting will also......
The Moroccan dirham appreciated by 0.7% against the euro while depreciating by 0.3% against the U.S. dollar during the period from October 2 to 8, 2025, according to Bank Al-Maghrib (BAM). During this period, no auction operations were conducted on the foreign exchange market, BAM noted in its latest......
The Moroccan Treasury and External Finance Department (DTFE) has announced an adjustment to the nominal rate of its 5-year variable-rate bond, which is indexed to the 13-week Treasury bill rate. According to an official statement, the new nominal rate applicable for the next coupon dated January 17,......
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