Keywords: Economic recovery
Morocco’s economy has shown solid recovery in the first half of 2025, bolstered by a 4.6% growth in agricultural output and significant progress across key industries. According to the Directorate of Studies and Financial Forecasts (DEPF) under the Ministry of Economy and Finance, this rebound......
Morocco’s economy expanded by 5.5% in the second quarter of 2025, marking its fastest growth rate since the post-pandemic rebound of 2021, according to the High Commission for Planning (HCP). The growth was driven by robust performances in the manufacturing, mining, construction, and hospitality......
Morocco’s customs revenue reached MAD 65 billion ($7.22 billion) by August 2025, marking an 8.3% increase compared to the same period last year, according to the Moroccan treasury’s latest report. This growth reflects the country’s ongoing economic recovery and increased import activity. Revenue......
Syria has exported 600,000 barrels of heavy crude oil from the port of Tartus, marking its first official oil shipment in 14 years. This historic development follows the lifting of U.S. sanctions in June, after the removal of former President Bashar al-Assad in December 2024. The move signifies a critical......
Morocco’s unemployment rate has experienced a notable decrease of 0.4% in the first quarter of 2025, dropping from 13.7% to 13.3% compared to the same period last year, as reported by the Higher Commission for Planning (HCP). This improvement is attributed to the creation of 282,000 jobs, marking......
On Thursday, April 24, the United Kingdom took a pivotal step in its foreign policy by lifting sanctions on several key Syrian government agencies. This decision marks a significant move toward normalizing relations with Syria's newly established leadership under President Ahmed al-Sharaa. The UK......
The reconstruction efforts following the Al Haouz earthquake have made significant strides, with over 33,600 families having completed the reconstruction of their homes. Currently, 52,669 residences remain under construction. The government highlights notable advancements across various sectors, including......
The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU), has announced a €20 million loan to support young entrepreneurs in Morocco. The funding, provided in local currency, will primarily target micro, small, and medium-sized enterprises (MSMEs)......
The United Nations has forecast positive economic momentum for Morocco, projecting steady growth in the coming years according to its latest economic assessment released Thursday. In its comprehensive "World Economic Situation and Prospects 2025" report, the UN anticipates Morocco's Gross......
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