Keywords: Economy
In a significant stride towards enhancing its energy landscape, Morocco has introduced an ambitious program aimed at strengthening its Liquefied Natural Gas (LNG) infrastructure. The Sustainable Gas Infrastructure Development Program, delineated in a Memorandum of Understanding (MoU) signed by five governmental......
In a reassuring announcement, the Directorate of Competition, Prices, and Compensation, under the auspices of the Ministry of Economy, has declared that Morocco's national markets have been abundantly supplied with a diverse array of goods throughout the first weeks of the holy month of Ramadan,......
In January 2024, consumer prices in Morocco surged by 2.3%, driven primarily by a notable 4.2% increase in the food price index compared to the same period last year, as reported by the High Commission for Planning (HCP). Despite a 0.6% month-on-month decline in the overall consumer price index (CPI)......
Sustainable fashion is undergoing a remarkable ascent, with ecology and ethics emerging as the new standards in this multi-billion-dollar industry. While environmentalism was once associated with fringe 'tree huggers,' today's eco-conscious consumers seek clothing lines that satisfy a trifecta......
Morocco has emerged as a top destination for Spanish companies seeking international expansion, as highlighted by Spain's Secretary of State for Industry, Rebeca Mariola Torró Soler. Addressing a prestigious business forum in Barcelona on Monday, Soler emphasized Morocco's favorable investment......
In a historic move, Morocco has officially become a member of the Integrated Industrial Coalition for Sustainable Economic Development, aligning itself with regional powerhouses such as the United Arab Emirates, Jordan, Egypt, and Bahrain. The coalition is strategically designed to spur regional economic......
Azura Group, a global leader in the fruit & vegetable and aquaculture sectors, has entered into a strategic partnership with Suez, a leading provider of circular economy solutions for waste. The collaboration involves the signing of two 6-year contracts for the management of organic waste from Azura’s......
Morocco's Treasury is confidently steering the nation towards sustained financial prosperity. In a strategic move this week, the Treasury and External Finance Department (TEFD) allocated an impressive 2.32 billion Moroccan dirhams ($239 million) from cash surpluses to short-term operations. This......
In the face of a nuanced economic landscape, Morocco demonstrates promising signs of growth, particularly in household consumption, despite encountering various challenges. A recent report from the High Commission for Planning (HCP) projects a 1.2% expansion in household spending during the first quarter......
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