Economy
Best Biscuit Maroc (BBM), a subsidiary of Anouar Invest, has unveiled PICKËRS, a new premium snacking brand designed to elevate Moroccan confectionery to international standards. Backed by Swiss technical and technological expertise, this ambitious project represents a significant milestone in BBM’s......
The Moroccan textile industry is taking a significant step towards a more sustainable future, driven by a strategic transition to a circular economy model. With the support of a $1.7 million program funded by the International Finance Corporation (IFC), the sector is aiming to establish a recycling and......
Morocco has initiated plans to import 100,000 sheep from Australia to address a significant livestock shortage ahead of Eid Al-Adha. The decision comes as the country faces a 38% decline in national livestock numbers compared to 2016, exacerbated by persistent drought conditions. Government spokesman......
In a significant development for Morocco's digital commerce sector, the Centre Monétique Interbancaire (CMI) has launched a multi-currency payment service for local e-commerce websites through a strategic partnership with Global Blue. This new Dynamic Currency Conversion (DCC) functionality......
Bank Al-Maghrib (BAM), Morocco’s central bank, has officially launched an interbank forward market for foreign exchange swaps and overnight index swaps (OIS) tied to the Moroccan Overnight Index Average (MONIA). This initiative, which began operations on February 19, marks a significant step in......
Morocco's National Airports Office (ONDA) has launched "Airports 2030," a comprehensive strategy aimed at modernizing the nation's airport infrastructure and elevating customer experience to international standards. The initiative, announced following Royal Instructions issued during......
Madrid will host an economic forum on February 19 and 20, 2025, aimed at encouraging Spanish investments in northern Morocco. The event is part of the International Business and Investment Fair “IMEX – Madrid 2025,” organized by the Spanish Chamber of Commerce at the Palacio de Cibeles. According......
Morocco’s High Commission for Planning (HCP) has unveiled concerning findings about the growing vulnerability to poverty among urban populations. The national survey, conducted between March 2022 and March 2023, highlights an increase in the percentage of the population at risk of poverty, rising......
A recent survey conducted by Morocco’s High Commission for Planning (HCP) highlights an alarming increase in vulnerability to poverty within urban areas, signaling a need for targeted interventions. The national survey, based on data from 18,000 households collected between March 2022 and March......
The High Commission for Planning (HCP) has unveiled the findings of its National Household Living Standards Survey, conducted between March 2022 and March 2023. Based on data from 18,000 representative households across Morocco's regions and socioeconomic groups, the study highlights a structural......
The M’diq port recorded 247 tonnes of coastal and artisanal fish landings in January, marking a 33% rise compared to the same period last year, according to the National Fisheries Office (ONP). The market value of these landings also surged by 49%, exceeding 15.25 million dirhams (MDH), up from......
Morocco's renewable energy production is expected to experience significant growth, with annual increases averaging 16% between 2025 and 2027, according to a recent report from the International Energy Agency (IEA). This expansion will boost renewables' share in the country's electricity......
Paraguay's meat industry is making strategic moves to expand its presence in Morocco's beef market, aiming to double its current exports of 4,500 tons. This expansion initiative comes as Morocco grapples with severe agricultural challenges due to prolonged drought conditions. Recent meetings......
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