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Keywords: Economy


Morocco's Treasury Auction Exceeds Expectations with $700 Million Bond Sale

Morocco's Treasury demonstrated remarkable market strength in its first auction of 2025, successfully raising over 700 million USD (MAD 7 billion), marking the most substantial issuance since February 2024. The January auction exceeded expectations, drawing more than 1.2 billion USD in total demand......

Morocco's business growth masks mounting sustainability concerns

In the first ten months of 2024, Morocco's business landscape presents a complex picture of growth and challenges as the nation recorded 78,244 new business registrations, according to recent data from the Moroccan Office of Industrial and Commercial Property (OMPIC). This surge in entrepreneurship,......

Morocco's Trade Gap Widens to $26.8 Billion Despite Export Growth in Key Sectors

Morocco's international trade performance showed mixed signals through November 2024, as the nation's trade deficit expanded to MAD 275.74 billion ($26.8 billion), marking a 6.5% increase from the previous year's MAD 258.83 billion ($25.1 billion). Trade data from the Exchange Office reveals......

Moroccan Billionaires Akhannouch and Benjelloun Hold Strong on Forbes Global List Amid Political Tensions

Morocco's Head of Government Aziz Akhannouch and banking magnate Othman Benjelloun maintain their positions among global billionaires, according to Forbes' latest rankings. Akhannouch's net worth stands at $1.6 billion, securing the 1999th position globally and 14th in Africa, while Benjelloun......

Morocco's Industrial Sector Shows Modest Growth as Producer Prices Edge Up in November 2024

Morocco's industrial sector demonstrated subtle economic shifts in November 2024, with the Industrial Producer Price Index Excluding Petroleum Refining recording a modest 0.1% increase, according to recent data from the High Commission for Planning (HCP). The food industry emerged as the strongest......

Flying and Driving into the Future: China's Bold Vision for Transportation

China is redefining the way we move, harnessing cutting-edge technologies like pilotless passenger drones and driverless taxis. These innovations, though reminiscent of science fiction, are becoming tangible realities in the nation's rapidly evolving transportation landscape. Pilotless Drones: A......

Morocco's Diaspora Remittances Surge to $10.7 Billion, Strengthening Economic Ties

Morocco's expatriate community continues to make substantial contributions to the national economy, with diaspora remittances reaching MAD 108.67 billion ($10.7 billion) by November 2024, according to recent data from Morocco's Office of Foreign Exchange. This represents a 2.8% increase compared......

Morocco's Trade Strategy Takes Shape: 524 Proposals Chart Course for 2025-2026

Morocco is making significant strides in reshaping its foreign trade landscape, with 524 proposals now collected for its upcoming 2025-2026 foreign trade roadmap. Secretary of State Omar Hejira, who oversees foreign trade under the Ministry of Industry and Commerce, revealed these developments during......

U.S. Dollar on Track for Strongest Annual Performance in Nearly a Decade

The U.S. dollar is poised to achieve its best annual performance in nearly a decade, supported by a combination of economic strength and growing demand. Throughout the year, the dollar has seen a significant appreciation of 7%, marking its most substantial rise since 2015. This surge has led to a decline......

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