Economy
The National Social Security Fund (CNSS) of Morocco has announced an exceptional measure to open all its branches nationwide during the weekend of January 11-12, as the deadline approaches for its debt recovery initiative. This unprecedented move comes as the January 15 deadline nears for affiliates......
Three of Morocco's major cities have emerged among Africa's top 10 most expensive urban centers in 2025, according to Numbeo's latest Cost of Living Index. Casablanca leads the Moroccan contingent, securing the fourth position with a 31.4 cost of living index, while Rabat and Marrakech follow......
Marsa Maroc is strengthening its position in African logistics through a strategic expansion that includes new operations in Djibouti and Benin. The Moroccan port operator has established Marsa Maroc International Logistics, backed by a MAD 300 million ($30 million) investment, to oversee its international......
Title: "Morocco Eyes MAD 12 Billion Export Opportunity in African Markets" Morocco's untapped export potential to African markets stands at MAD 12 billion, according to Omar Hejira, Secretary of State for Foreign Trades. Currently, Moroccan exports to Africa represent only 7.6%......
Moroccan citizens' expenditure on international travel reached a remarkable 26.7 billion Moroccan dirhams ($2.6 billion) by November 2024, according to recent data released by the Exchange Office. This represents a substantial increase of 4.5 billion MAD ($447,359) compared to the previous year's......
The Moroccan business sector is experiencing significant turbulence as an estimated 40,000 businesses are expected to close their doors by the end of 2024, according to recent reports from the Moroccan Confederation of SMEs (CMTPME). This dramatic increase in business closures highlights the ongoing......
The Moroccan financial landscape showcased mixed signals in the final days of 2024 and early 2025, with the dirham experiencing a modest decline while foreign reserves demonstrated notable strength. The national currency recorded a 0.5% depreciation against the US dollar and a 0.6% decline against the......
Moroccan citizens have demonstrated a remarkable surge in international travel expenditure, reaching MAD 26.7 billion (USD 2.6 billion) by November 2024, surpassing the entire previous year's spending. This significant financial milestone, reported by SNRT News, represents a substantial increase......
Morocco achieved substantial savings in its energy sector during the third quarter of 2024, with import costs for energy and lubricants decreasing by 13% compared to the same period in 2023. This reduction, reported by the country's Statistics and Forecasts Office (HCP), marks the most significant......
Morocco's agricultural ministry is taking proactive steps to ensure stable poultry supplies and pricing ahead of Ramadan 1446. Agriculture Minister Ahmed El Bouari recently convened with poultry sector professionals to evaluate production levels, supply chains, and price stabilization strategies......
Morocco's Treasury demonstrated remarkable market strength in its first auction of 2025, successfully raising over 700 million USD (MAD 7 billion), marking the most substantial issuance since February 2024. The January auction exceeded expectations, drawing more than 1.2 billion USD in total demand......
Spanish authorities have announced significant progress in negotiations with Morocco regarding customs operations at Ceuta and Melilla, marking a crucial shift in bilateral trade relations. The development comes as both nations work to establish a modernized customs framework, though the initiative has......
In 2024, Morocco witnessed a significant surge in new business formations, with 78,244 enterprises established by the end of October, according to the Moroccan Office for Industrial and Commercial Property (OMPIC). This data highlights a promising entrepreneurial environment in the country, reflecting......
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