Keywords: Economy
Bank Al-Maghrib (BAM), Morocco’s central bank, concluded 2024 as one of its most profitable years, recording a net profit of MAD 6.46 billion. This marks a 27% increase compared to the MAD 5.1 billion reported in 2023, despite rising operational expenses and economic challenges. Key drivers of......
The Port of Beirut recorded a major milestone in July 2025 by handling nearly 100,000 standard containers (TEUs), marking its highest monthly activity since 2019. This achievement highlights a notable rebound in port operations after years of disruption due to Lebanon’s economic crisis and the......
The U.S. labor market showed clear signs of weakening in July, with the unemployment rate rising to 4.2%, according to official figures released on Friday. This marks a concerning development for the world's largest economy, as job creation has slowed significantly in recent months. Only 73,000......
Morocco’s tax amnesty program significantly slowed the growth of cash in circulation in 2024, according to Bank Al-Maghrib’s (BAM) annual financial report. The initiative, launched by the General Directorate of Taxes, reduced the growth rate of banknotes and coins in circulation to 8%, down......
Casablanca – The Casablanca Stock Exchange opened higher on Thursday, July 31, 2025, with its benchmark index, the MASI, rising by 0.3% to 19,505.4 points, reflecting positive investor sentiment. The MASI 20 index, which tracks the 20 most liquid stocks, also climbed by 0.37% to reach 1,604.03......
Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......
His Majesty King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, received Abdellatif Jouahri, Governor of Bank Al-Maghrib, at the Royal Palace in Tetouan on Tuesday. Jouahri presented the central bank’s annual report, outlining Morocco’s economic, monetary,......
Morocco’s beer production has experienced a notable decline, positioning the country as a modest player in regional and global beer markets. A recent report by BarthHaas, a leading global hops supplier, revealed that Morocco produced 818,000 hectoliters of beer in 2024, a drop from 835,000 hectoliters......
Morocco's trade exchanges with global markets recorded a notable increase of 6.3% in 2024, yet Europe retained its position as the country's dominant trade partner, despite a modest decline in its overall share. New data from Morocco’s Exchange Office reveals that European partners accounted......
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