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Keywords: Economic


Morocco and Germany Forge Strategic Energy Alliance

Both nations emphasize the importance of enhancing cooperation across various sectors, including security and energy. In a groundbreaking move to bolster renewable energy efforts, Morocco and Germany have announced a strategic "energy alliance." This partnership, unveiled during a visit to......

Unprecedented Economic Ties: Israel-Morocco Trade Flourishes Amid Regional Tensions

In a striking display of economic resilience, trade between Israel and Morocco has experienced a remarkable surge, defying regional political tensions and public sentiment. Recent data from the Abraham Accords Institute reveals a 64% increase in bilateral trade during the first five months of 2024, reaching......

Morocco's Economic Horizon: Central Bank Projects Record-Breaking Remittances by 2025

In a promising forecast for Morocco's economic landscape, Bank Al-Maghrib (BAM), the country's central bank, has unveiled projections that paint a picture of robust growth across multiple sectors. The standout prediction: remittances are expected to reach an unprecedented MAD 123.7 billion ($12......

Morocco's Economic Crossroads: Central Bank Urges Caution on Flexible Exchange Rate Transition

In a decisive press conference on Tuesday, Bank Al-Maghrib Governor Abdellatif Jouahri delivered a sobering assessment of Morocco's readiness to transition to a flexible exchange rate regime. Despite notable macroeconomic progress, Jouahri emphasized that the nation's economic landscape, particularly......

Morocco Emerges as Beacon of Energy Innovation in North Africa, WEF Report Reveals

In a groundbreaking assessment of global energy landscapes, the World Economic Forum's (WEF) "Fostering Effective Energy Transition 2024" report has thrust Morocco into the spotlight as the vanguard of clean energy adoption in North Africa. The kingdom's ascent to the 65th position......

Morocco and Chile: Forging a Transcontinental Partnership

In a bold move to strengthen South-South relations, a Chilean parliamentary delegation touched down in Rabat on Tuesday, signaling a new chapter in Morocco-Chile diplomatic ties. The visit, spearheaded by Jaime Naranjo Ortiz, President of the Morocco-Chile Parliamentary Friendship Group, aimed to explore......

Morocco's Housing Aid Program: A Catalyst for Empowerment and Economic Revival

In a remarkable stride towards addressing the nation's housing challenges, Morocco's direct housing aid program has emerged as a beacon of hope for thousands of citizens seeking to make their dreams of homeownership a reality. According to Fatima Ezzahra El Mansouri, Minister of National Territorial......

The Ineffective Arsenal: Western Sanctions Fail to Halt Russia's Surging Weapons Production

A startling revelation has cast doubt on the efficacy of Western sanctions. A new report from the Royal United Services Institute, a prominent London-based think tank, exposes a grim reality: Russia's output of artillery rounds, missiles, and drones has dramatically increased since its invasion of......

Awrach Initiative Paves Way for Inclusion of Over 231,000 Youth

During the oral question session at the House of Representatives, Younes Sekkouri, Minister of Economic Inclusion, Small Business, Employment, and Skills, provided an illuminating update on the significant impact of the "Awrach" program. This initiative has successfully facilitated the inclusion......

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