Economy



Major changes in Morocco's phosphate pricing methodology

Platts, a member of S&P Global Commodity Insights, has announced significant modifications to its free on board (FOB) Morocco phosphate rock pricing assessment methodology, set to take effect on July 3. This initiative aims to better align with the existing structure of Morocco's phosphate market,......

Morocco's foreign investment surges in early 2025

Foreign investments in Morocco skyrocketed during the first quarter of 2025, continuing the strong performance the country has experienced over the past few years. According to Karim Zidan, Morocco’s Minister Delegate for Investment, the first three months of 2025 showcased remarkable growth in......

Morocco emerges as a key player in automotive manufacturing

French newspaper “Le Dauphiné libéré” has hailed Morocco as “the new Eldorado” for automotive manufacturers, highlighting the country's burgeoning automotive sector as a vital pillar of its economy and the leading export industry. Morocco has successfully......

Elevating local brands: ÏRTHY launches as Morocco's premier e-commerce platform

With the launch of ÏRTHY, the first premium digital marketplace exclusively dedicated to Moroccan brands, the Kingdom takes a major step in promoting local production. The platform brings together the finest expressions of national craftsmanship in a distinctive and creative space. Its name, combining......

Morocco sets a new standard in water management for Africa

Morocco has established a groundbreaking civil engineering standard for Africa with the perforation of the Al Massira dam, addressing the urgent issue of water stress in the Marrakech region, as reported by the African Development Bank (AfDB). This unprecedented project serves as a model for effective......

Morocco emerges as a key player in the global berry market

Morocco has established itself as a significant player in the global berry market, according to a recent article published by the French public information radio (RFI). The report highlights the country’s impressive growth in the production and export of various berries, particularly in Europe. The......

Morocco initiates first ESCO authorization to enhance energy efficiency

Morocco’s Ministry of Energy Transition and Sustainable Development has officially issued the country's inaugural Energy Services Company (ESCO) license. This significant development is a direct result of Decree No. 2-24-153, which implements Law No. 47-09 on energy efficiency, as published......

Morocco and UAE sign $14 billion investment for water and energy transformation

Morocco has recently etched its name in the annals of economic history with an extraordinary $14 billion agreement with the United Arab Emirates. This landmark pact promises to significantly reshape the nation’s water and energy landscape, setting a course for sustainable infrastructure development......

Btr New Material selects tangier as a strategic industrial hub

The Chinese group Btr New Material Group Co., Ltd., a leading global manufacturer of battery materials, has officially announced its decision to establish a new strategic industrial site in Tangier. This choice underscores Morocco's significant role in the global landscape of advanced industries......

Morocco ranks fourth globally for Schengen visa applications in 2024

Morocco has secured the fourth position worldwide for Schengen visa applications in 2024, following only China, India, and Turkey in the global ranking, according to recent data. SchengenVisaInfo reveals that 11,716,723 Schengen visa applications were submitted to EU countries in 2024, marking a 13.5%......

Morocco and UAE forge $13 million energy and water partnership

Morocco is determined to address critical energy and water challenges, leading the way towards strong water and electricity sovereignty. A powerful consortium, including the Mohammed VI Investment Fund, TAQA Morocco, and NAREVA, has formalized three agreements with the Moroccan government and the National......

Morocco targets 3,000 vehicle exports to Egypt annually

Morocco aims to export 3,000 vehicles yearly to the Egyptian market, according to Egypt-Morocco Business Council President Nizar Abu Ismail. This initiative is part of a comprehensive plan to rebalance trade between the two countries, he noted in an interview with Al Borsa News. Abu Ismail highlighted......

Egyptian companies to launch new factories in Morocco to boost regional investment

Around 30 Egyptian companies are planning to set up factories in Morocco over the next three years, as part of a broader strategy to expand Egypt’s investment footprint across North Africa. This initiative aims to leverage Morocco’s strategic geographic position near Europe and its network......

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