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Keywords: Economic


Morocco's Middle Class Ascendance: Poverty Declines as Economic Prosperity Rises

In a remarkable revelation challenging prevailing perceptions, a recent study conducted by The Policy Center for the New South (PCNS) unveils a heartening trend in Morocco's socioeconomic landscape. Contrary to the widespread belief that Moroccan society is becoming increasingly polarized with the......

Akhannouch Outlines Economic Measures Amid Global Crises at Government's Midterm Review

During a plenary session dedicated to assessing the government's midterm performance, Head of Government Aziz Akhannouch delivered a comprehensive address to the Chamber of Advisors, outlining the economic measures undertaken to support businesses and preserve macroeconomic stability amidst global......

Revitalizing the OIC: Reform and Vision from the Banjul Summit

The recent summit of the Organization of Islamic Cooperation (OIC) in Banjul, The Gambia, has sparked calls for a comprehensive revitalization of the organization's programs and operational strategies. Amidst discussions on pressing issues like the Palestinian cause and economic cooperation, a resounding......

Moroccan Purchasing Power Challenged: A Multifaceted Analysis by HCP

In a comprehensive study, the High Commission for Planning (HCP) in Morocco has shed light on the intricate dynamics of purchasing power among Moroccan households. Leveraging an innovative web-based index that tracks online purchasing intentions, coupled with conventional data, the report offers a nuanced......

Morocco and Pakistan Forge Economic Ties Through Aviation and Business Collaboration

In a move to strengthen economic ties and expand bilateral trade, officials from Pakistan and Morocco are set to enter a new era of cooperation. The recent discussions, held at the Federation House in Islamabad, focused on establishing direct flights and fostering robust business partnerships between......

Haliopolis Welcomes New 40 Million Dirham Seafood Processing Plant

Amid the ongoing expansion of the thriving Haliopolis industrial park in Agadir, boasting an impressive occupancy rate exceeding 90% in its initial 75-hectare phase, a new seafood processing plant is poised to join the burgeoning hub. Quality Sea Product, a family-owned SME specializing in cephalopods......

Chronic and Incurable Diseases: Providing Comprehensive Care for the Elderly

As our society grapples with the increasing prevalence of chronic and incurable illnesses, the plight of the elderly population demands urgent attention and a comprehensive approach to healthcare. The World Health Organization (WHO) defines a chronic disease as a health condition requiring management......

A Thriving Entrepreneurial Landscape: Over 16,000 New Businesses Established by End of February

In a remarkable display of entrepreneurial dynamism, Morocco has witnessed the establishment of 16,171 new businesses across the nation by the end of February. This surge in enterprise creation highlights the country's vibrant economic landscape and the unwavering spirit of its entrepreneurs. According......

Moroccan Diaspora Boosts Economy with $2.7 Billion in Remittances

Morocco's strategic efforts to engage its diaspora have paid off significantly, with $2.7 billion in remittances received by the end of March 2024. Although slightly lower than the same period last year, this substantial inflow underscores the crucial role that Moroccans living abroad play in driving......

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