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Keywords: Economy


Moroccan Sahara: A Land of Light, Opportunity, and Unity

The Moroccan Sahara is a region in motion, embodying a renewed perspective on Morocco’s identity and future, according to Franco-Swiss academic and author Jean-Marie Heydt. Speaking in Rabat during the launch of his latest book, "Le Sahara marocain: Terre de lumière et d’avenir",......

Apple unveils $500 billion US investment plan, promises 20,000 new jobs

Apple has announced its largest-ever investment initiative, pledging to inject over $500 billion into the United States economy over the next four years. The tech giant also plans to create 20,000 new jobs as part of this ambitious strategy, which has drawn swift praise from U.S. President Donald Trump. In......

Morocco’s fish paradox: soaring exports, scarce access for locals

Despite Morocco’s extensive 3,500-kilometer coastline and abundant fishing resources, a recent survey conducted by L’Economiste and Sunergia reveals that only 38% of Moroccans consume fish once per week. Meanwhile, the majority struggle with rising prices and limited availability, painting......

Increase in Tax Revenues by 24.6% by End of January 2025

The Ministry of Economy and Finance (MEF) reported that tax revenues reached 30.79 billion dirhams (MMDH) by the end of January 2025, marking an increase of 24.6% compared to the same period in 2024. In its recent Treasury Charges and Resources document (SCRT), the ministry emphasized that the revenues......

Moroccan textile sector accelerates transition to circular economy with IFC support

The Moroccan textile industry is taking a significant step towards a more sustainable future, driven by a strategic transition to a circular economy model. With the support of a $1.7 million program funded by the International Finance Corporation (IFC), the sector is aiming to establish a recycling and......

Economic disparities persist in Morocco despite moderate growth in 2022-2023

The High Commission for Planning (HCP) has unveiled the findings of its National Household Living Standards Survey, conducted between March 2022 and March 2023. Based on data from 18,000 representative households across Morocco's regions and socioeconomic groups, the study highlights a structural......

Morocco's currency market update: Daily dirham exchange rates

Bank Al-Maghrib has released the latest foreign exchange rates against the Moroccan dirham for Thursday, February 13, 2025. The rates include both buying and selling prices for major global currencies. The euro is trading between 9.8029 and 11.3925 dirhams, while the US dollar ranges from 9.3996 to......

Tomato prices surge in Casablanca as meat costs stabilize

Tomato prices have soared this week at Casablanca's wholesale market, climbing by 1.30 DH/kg to reach 6.80 DH/kg, compared to 5.50 DH/kg the previous week. Other vegetables have followed a similar upward trend. Onions and courgettes recorded price increases of 0.50 DH/kg and 1.50 DH/kg, respectively,......

IMF recommends inflation targeting for Morocco amid strong growth outlook

Morocco's economy is poised for robust growth of 3.9% in 2025, building on its 3.2% expansion in 2024, as the International Monetary Fund advises the nation's central bank to implement an inflation-targeting framework and enhance debt reduction initiatives. The country has demonstrated remarkable......

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