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Economy



Yakeey and Umnia Bank introduce iBuying to transform Morocco’s real estate market

Moroccan households often face a difficult dilemma when moving to a new home: selling their current property at the right price and time while securing their next purchase. In reality, selling within the desired timeframe is a major challenge, with long negotiations, canceled visits, and buyers who fail......

Egypt installs first nuclear reactor vessel at Dabaa power plant

Egypt celebrated a significant milestone in its nuclear energy program with the installation of the first reactor pressure vessel at the Dabaa Nuclear Power Plant. The ceremony, attended virtually by Egyptian President Abdel Fattah al-Sisi......

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......

Morocco’s startups show resilience as MENA funding drops 77%

Despite a sharp decline in regional startup funding, Morocco’s ecosystem has remained stable, securing its fourth-place position in the MENA region. The North African country raised $12.3 million across three deals in October, nearly matching its September performance of $13 million, even as overall......

Choiseul Rabat Forum highlights Africa’s leadership in global value creation

Nearly 800 global executives gathered last week at the Choiseul African Business Forum, held at the Rabat Marriott Conference Center in Morocco’s Agdal district. The event, which brought together decision-makers from more than 60 countries, emphasized Africa’s emergence as a key player in......

Morocco ranks among Africa’s top 5 investment destinations, says RMB report

Morocco remains one of Africa’s most attractive investment destinations, according to the Where to Invest in Africa 2025/26 report released by South Africa’s Rand Merchant Bank (RMB) on Monday. The North African nation secured a spot in the continent’s top five economies for investors,......

Morocco’s berry exports surge as raspberries and blueberries surpass strawberries

Morocco’s fruit export sector is undergoing a decisive shift. Once synonymous with strawberries, the country’s berry industry is now dominated by raspberries and blueberries, both driving record-breaking export seasons and signaling a long-term transformation in agricultural strategy. In......

Tanger Med loses top spot in Africa but remains a global maritime leader

Morocco’s Tanger Med Port has reaffirmed its stature as one of the world’s most efficient container ports, ranking fifth in the 2024 Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence. However, the port has ceded its long-held......

Morocco strengthens position as top startup hub in MENA despite funding challenges

Morocco continues to assert itself as one of the leading startup ecosystems in the MENA region, maintaining its top-four position in August 2025, even as regional startup funding saw a significant contraction. According to Wamda, investment across the MENA region dropped sharply by 57%, falling from......

Morocco ranks fifth in Africa for active data centers

Rabat, Morocco – Morocco has climbed to fifth place in Africa for the number of active data centers, according to a report by Heirs Technologies. With eight operational data centers, the country shows a growing digital capacity driven by targeted investments and expanding connectivity. The 48-page......

Cairo to host inaugural ‘Ai Everything MEA’ in 2026, showcasing AI innovations

Egypt is preparing to host the first-ever Ai Everything Middle East & Africa (MEA) event from February 10 to 12, 2026. The event will bring together global leaders in artificial intelligence (AI), tech companies, startups, and investors to foster collaboration and showcase cutting-edge AI technologies. Egypt’s......

Haytham Eissa appointed as EBRD’s head in Morocco

The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Haytham Eissa as its new head in Morocco, succeeding Antoine Salle de Chou. Based in Casablanca, Eissa will oversee the bank’s investments and operations across the country. Commitment to Morocco's......

Morocco's digital leap: e-Dirham aims to modernize finance and boost regional influence

Morocco’s central bank, Bank Al-Maghrib (BAM), is spearheading the introduction of the e-Dirham, a Central Bank Digital Currency (CBDC) designed to accelerate the nation’s digital transformation. This initiative seeks to enhance financial inclusion, modernize payment systems, and establish......

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