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Keywords: Economy


Morocco's Economic Resilience Showcased at IMF-World Bank Anniversary Event

Washington D.C. witnessed a celebration of the enduring partnership between Morocco and the International Monetary Fund (IMF) and World Bank Group on Wednesday evening. The event, hosted by the Moroccan Embassy, marked the first anniversary of the prestigious annual meetings held in Marrakech last year. Addressing......

African Nations Convene in Tangier to Harness Ocean's Potential for Sustainable Growth

The coastal city of Tangier, Morocco, recently played host to a groundbreaking event that brought together African nations to explore the vast potential of the ocean economy. The inaugural African Ocean Week, held in conjunction with the 3rd High-Level Ministerial Conference on the Blue Belt Initiative......

Morocco Positions Itself as Green Hydrogen Hub at World Power-to-X Summit 2024

The World Power-to-X Summit 2024 launched today in Marrakech, Morocco, bringing together global experts, policymakers, and industry leaders to advance green hydrogen development. This high-profile event, co-organized by the Research Institute for Solar Energy and New Energies (IRESEN), the Green H2 Cluster,......

Morocco's Q3 2024 Economic Pulse: Industrial Boom Offsets Agricultural Decline

Morocco's economy showed resilience in the third quarter of 2024, with growth reaching 2.8%, up from the 2.4% average recorded in the first half of the year. This uptick, reported by the High Commission for Planning (HCP), stems from a continued recovery in domestic demand and a robust increase in......

Morocco's INNOVX Launches ParkX: Pioneering Sustainable Industrial Parks for a Greener Future

INNOVX, a subsidiary of Mohammed VI Polytechnic University (UM6P), has unveiled its latest venture, ParkX, dedicated to the development and management of sustainable industrial parks. This innovative subsidiary aims to revolutionize the industrial landscape by incorporating circular economy principles......

EU Banking Reforms Spark Concern for Vital Moroccan Remittances

The European Union's latest banking regulations, initially designed to address post-Brexit financial concerns, have inadvertently raised alarms in Morocco. These new rules threaten to disrupt a crucial economic lifeline for the North African nation – remittances from its diaspora in Europe. In......

Morocco's Cultural Shift: From Consumer to Creator in the Creative Economy

In a bold move to reshape Morocco's cultural landscape, Minister of Youth, Culture, and Communication Mohamed Mehdi Bensaid has called for a transformation in the nation's approach to cultural and creative industries (CCIs). Speaking at the opening of the second edition of the CCI Sessions in......

Morocco's Economic Resilience Tested: Mixed Sector Performance in Q2 2024

Morocco's economy faced a challenging landscape in the second quarter of 2024, with growth slowing to 2.4%, down from 2.5% in the same period last year. This slight deceleration masks significant shifts across various sectors, painting a complex picture of the nation's economic health. Primary......

Challenging the Global Order: The Pursuit of Economic Independence in a Dollar-Dominated World

In an increasingly interconnected global economy, a growing number of nations are questioning the current international order and seeking alternatives to U.S. dollar dominance. This shift in perspective is not merely about economic policy; it represents a fundamental challenge to the existing power structures......

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