Economy
Fuel prices in Morocco declined on May 1, marking the first drop after several months of continuous increases. Across multiple service stations, diesel prices fell by about one dirham per liter, while gasoline recorded a slightly larger decrease of around 1.10 dirhams. Average prices now stand near 14.50......
Attijari Payment and Africa-Exchange signed a partnership agreement on April 28 in Casablanca to accelerate electronic payment adoption in Morocco's currency exchange sector. The deal targets manual foreign exchange operations and currency transactions handled by Africa-Exchange, an economic interest......
UnionPay International has officially obtained Casablanca Finance City status for its Morocco branch, formally establishing the country as the Chinese payment network's regional headquarters for financial services across Africa. The company confirmed the designation in a press release issued Tuesday,......
Morocco is preparing to launch a fundraising effort to support the construction of a $25 billion gas pipeline linking Nigeria to Morocco, a project designed to strengthen regional energy integration and expand supply routes to Europe. The initiative will be led by National Office of Hydrocarbons and......
Plans for a fixed link between Spain and Morocco through the Strait of Gibraltar continue to advance in feasibility studies, but new reports underline major technical, financial and regulatory obstacles that could delay the project well beyond initial expectations. The infrastructure is designed to connect......
Morocco’s Tanger Med Group closed 2025 with consolidated revenue of 13 billion dirhams, marking a 16 percent increase from the previous year. The growth reflects sustained performance across its core sectors, including port operations, logistics, industrial zones, and services. At the center of......
Morocco’s national boxing team secured two medals at the boxing world cup held in Brazil after an eleven day competition that brought together athletes from more than sixty countries. The delegation finished the tournament with one silver medal and one bronze medal, marking one of its strongest......
Morocco’s Ministry of Industry and Trade has opened a safeguard investigation into rising rice imports after a formal complaint from two domestic producers. The inquiry, which began on April 13, covers both white and brown rice and comes at a sensitive moment for the agricultural sector as farmers......
Since the reopening of the commercial customs office between Morocco and Ceuta, the Spanish enclave has significantly increased its imports of construction materials, particularly sand, according to Spanish media reports. Official sources cited by local press indicate that more than 4,000 tons of sand......
More than 459 million dirhams have been allocated to modernize and expand essential public services in the province of Taounate, as part of a broader effort to improve infrastructure and reduce regional disparities in Morocco. The investment program, led by the Regional Multiservices Company of Fès-Meknès,......
Luxembourg’s Minister of the Economy, SMEs, Energy and Tourism, Lex Delles, is set to lead a high-level economic mission to Morocco from May 4 to May 7, 2026, aimed at strengthening bilateral economic relations and exploring new investment opportunities. The delegation will bring together public......
A new partnership in Morocco is targeting the gap between job seekers’ skills and the evolving needs of the healthcare sector. The initiative, known as the Promotion of Employment for the Health Sector program, aims to align training with labor market demand and improve job access for young people. The......
Morocco’s rose oil producers are preparing for a record harvest as favorable weather conditions boost agricultural output across key producing regions. Strong rainfall and snowfall during the winter have improved soil moisture and water reserves, creating optimal conditions for rose cultivation.......
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