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Keywords: Economic


Morocco's Consumer Price Index Stabilizes as Core Inflation Climbs

Morocco's consumer prices held steady in September 2024, while core inflation continued its upward trajectory, according to the latest report from the High Commissioner of Planning (HCP). The data reveals a complex economic landscape marked by regional variations and sector-specific price fluctuations. Price......

Bridging Economies: Quebec and Morocco Forge New Paths for Collaboration

MONTRÉAL, October 21, 2024, In a significant move to bolster economic ties, the Council of Employers of Quebec (CPQ) and the General Confederation of Moroccan Enterprises (CGEM) have launched a week-long initiative welcoming a delegation of Moroccan entrepreneurs to Quebec. This visit aims to......

Morocco Braces for Surge in Business Insolvencies: Economic Challenges Ahead

The Moroccan business landscape is set to face significant challenges in the coming years, according to a recent global report by Allianz Trade. The study, titled "Global Insolvency Outlook: The ebb and flow of the insolvency wave," predicts a substantial increase in business insolvencies across......

Morocco Eyes Real Estate Wealth Tax to Bolster Universal Social Protection

Morocco is considering the implementation of a tax on real estate wealth as a means to finance its ambitious universal social protection program, according to a recent report by the Arab Reform Initiative. The study, titled "Property Taxes: Missed Opportunities for Funding Universal Social Protection......

Brazil's Lula Bows Out of BRICS Summit After Health Scare

Brazilian President Luiz Inácio Lula da Silva has canceled his planned trip to Russia for the upcoming BRICS summit following a fall at his home that resulted in a minor brain hemorrhage. The 78-year-old leader was set to depart on Sunday afternoon but will now participate in the summit via videoconference,......

Tangier-Tétouan-Al Hoceima's Investment Boom: A Catalyst for Morocco's Economic Growth

The Tangier-Tétouan-Al Hoceima region of Morocco is experiencing a remarkable surge in economic activity, with approved investments reaching an impressive 69 billion dirhams in the first nine months of 2024. This significant influx of capital positions the region as a key player in Morocco's......

UN Chief Highlights Morocco's Sahara Initiative for Sahel Economic Integration

In a significant diplomatic development, the United Nations Secretary-General has brought attention to Morocco's innovative initiative for the Sahara region in his annual report to the Security Council. This initiative, outlined by King Mohammed VI during the 48th anniversary of the Green March in......

Moroccan Buyers Surge to Second Place in Spanish Property Market

In a significant shift within Spain's real estate landscape, Moroccan nationals have emerged as the second-largest group of foreign property buyers during the first half of 2024. This development, reported by Spain's General Council of Notaries, marks a notable trend in cross-border real estate......

Morocco's Human Rights Council Pushes for Enhanced Protections in Strike Legislation

The Moroccan National Human Rights Council (CNDH) has unveiled a comprehensive set of recommendations aimed at bolstering worker protections and reinforcing trade union freedoms within the country's proposed strike legislation. These proposals seek to enhance the practical guarantees surrounding......

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