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Economy



Tanger Med outpaces Spanish ports in Global competitiveness

Morocco’s Tanger Med Port continues to strengthen its position as a leading global logistics hub, outpacing major Spanish ports such as Valencia and Barcelona. Spanish shipping magnate Vicente Boluda, president of Boluda Corporación Marítima, has acknowledged that Spain is losing......

Cash Plus IPO: 750 million MAD in shares

The Moroccan Capital Market Authority (AMMC) approved on Friday the prospectus for the initial public offering (IPO) of Cash Plus, marking a significant step in the development of Morocco’s financial sector. The operation involves the issuance of 2 million new shares and......

Morocco’s banking liquidity deficit rises to MAD 144.6 billion in late October

The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......

Hirschmann Automotive expands in Morocco with new Oujda factory

Austria’s Hirschmann Automotive has officially opened a new factory in Oujda Technopole, located in Morocco’s Oriental region. The facility, spanning 22,200 square meters, is part of the “Cleantech” industrial acceleration zone and represents an investment of MAD 180 million.......

CGEM 2025 barometer highlights progress in responsible governance among Moroccan companies

The General Confederation of Moroccan Enterprises (CGEM) has released the findings of its third Barometer of Responsible Governance, highlighting significant progress in corporate governance among Moroccan publicly listed companies. The announcement, made in Casablanca under the leadership of CGEM Vice......

Morocco’s tourism revenues hit MAD 100 billion in first nine months of 2025

Morocco is steadily affirming its position as one of the region’s premier travel destinations, with tourism revenues reaching MAD 100 billion in the first nine months of 2025. The country welcomed 15 million visitors during this period, signaling robust growth in the sector. Data from the Foreign......

Morocco accelerates growth in transport and logistics sectors ahead of global events

Morocco is witnessing significant progress in its transport and logistics sectors, with state operators reporting steady revenue increases driven by strategic investments and growing demand. These developments come as the country prepares to host major sporting events, including the Africa Cup of Nations......

Spain confirms feasibility of €8.5 billion Morocco-Europe tunnel

A Spanish government study has confirmed the technical feasibility of constructing a tunnel linking Morocco and Spain, marking a significant step forward for the ambitious €8.5 billion project. This cross-continental railway link, which would span approximately 65 kilometers, has been under discussion......

Mills federation rejects MP Touizi’s ‘grinding paper’ claim as figure of speech sparks controversy

Moroccan MP Ahmed Touizi faced backlash this week after alleging in parliament that some companies “grind paper and present it as subsidized flour,” prompting the National Federation of Mills to strongly refute his claims. Touizi, leader of the Authenticity and Modernity Party (PAM), made......

Rabat to host inaugural Arab-African summit on non-profit financing

Rabat is set to host the first Arab-African Summit on Non-Profit Financing on November 20, marking a groundbreaking step in fostering solidarity and cooperation between Africa and the Arab world. The event, organized by EPIK Leaders, seeks to redefine financial strategies for social impact in response......

US official highlights investment opportunities in Morocco’s Sahara

Morocco’s Sahara region is emerging as a hub for American investment, with significant opportunities across key sectors, according to Gerard Philippeaux, Executive Director of the International Trade Coalition of Miami-Dade County. Speaking after a meeting with a Moroccan economic delegation in......

Morocco strengthens automotive sector with Renault partnership expansion

Morocco’s Prime Minister Aziz Akhannouch met with François Provost, CEO of Renault Group, on October 29, 2025, in Rabat. Joined by Morocco’s Minister of Industry and Trade, Riyad Mezzour, the meeting underscored the country’s commitment to bolstering its automotive sector and......

Morocco’s housing aid program benefits over 71,000 citizens

More than 71,000 Moroccans have benefited from Morocco’s direct housing aid program since its launch, according to Fatima Ezzahra El Mansouri, the Minister of Urban Planning. Speaking before the House of Representatives on Monday, El Mansouri highlighted the program’s growing success and......

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