Keywords: Economic
Morocco's Credit Agricole and UN Women have joined forces to empower women in the fishing industry through financial education and economic inclusion programs. The initiative, focused on the regions of Tetouan, M'diq, and Martil, aims to strengthen the position of fisherwomen in local markets. The......
The European Central Bank (ECB) may further lower interest rates as inflation continues to moderate, according to board member Piero Cipollone. He also warned that escalating trade tensions between the United States and China could negatively affect the 20-member eurozone economy. Since June, the ECB......
In a significant development for Morocco's automotive sector, top Japanese automotive companies embarked on a business mission to Rabat, marking an important step in strengthening economic ties between the two nations. The mission, organized by the Japan External Trade Organization in Rabat (JETRO......
Morocco's Parliament has unanimously approved 27 international agreements, marking a significant expansion of the country's diplomatic and economic partnerships. Foreign Minister Nasser Bourita presented these agreements during a legislative session led by Speaker Rachid Talbi Alami. The agreements......
Tourism revenue in Morocco reached MAD 112 billion in 2024, representing a 43% increase compared to 2019 and a 7% rise from 2023, according to the Ministry of Tourism, Handicrafts, and Social and Solidarity Economy. The country's tourism sector demonstrated strong performance in December, with revenues......
China has recently introduced a series of economic measures aimed at counteracting U.S. tariffs, notably a 10% tax on various Chinese imports. This includes tariffs on coal, liquefied natural gas, crude oil, agricultural machinery, and large cars. These duties will be effective starting February 10,......
The Moroccan economy generated 82,000 new jobs in 2024, marking a significant recovery from the previous year's loss of 157,000 positions, according to the High Commission for Planning (HCP). This growth emerged primarily from urban areas, which added 162,000 jobs, while rural regions experienced......
Remittances from Morocco's diaspora reached MAD 117.7 billion ($11.7 billion) in 2024, marking a 2.1% increase from the previous year's MAD 115.26 billion ($11.4 billion), according to data from the Moroccan Exchange Office. The significant financial inflow maintains Morocco's position as......
Morocco's tourism sector has achieved remarkable success, with travel revenues soaring to MAD 112.5 billion ($11.1 billion) in 2024, marking a 7.5% increase from the previous year, according to data released by the Exchange Office. The surge in tourism activity is reflected in both revenue and visitor......
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