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Keywords: Economy


Morocco’s housing aid program benefits over 71,000 citizens

More than 71,000 Moroccans have benefited from Morocco’s direct housing aid program since its launch, according to Fatima Ezzahra El Mansouri, the Minister of Urban Planning. Speaking before the House of Representatives on Monday, El Mansouri highlighted the program’s growing success and......

Morocco ranks among Africa’s top 5 investment destinations, says RMB report

Morocco remains one of Africa’s most attractive investment destinations, according to the Where to Invest in Africa 2025/26 report released by South Africa’s Rand Merchant Bank (RMB) on Monday. The North African nation secured a spot in the continent’s top five economies for investors,......

SoFi reports record Q3 revenue and raises full-year outlook

SoFi Technologies delivered exceptional third-quarter 2025 results, posting a record adjusted net revenue of $950 million, far exceeding analysts’ expectations. The fintech company also raised its full-year guidance for the second time this year, reflecting strong momentum in digital banking as......

Morocco to host 3rd National Industry Day, advancing economic innovation and sustainability

Morocco is set to host the third edition of the National Industry Day (JNI) on November 3 and 4 at the Sofitel Jardin des Roses in Rabat. Organized by the Ministry of Industry and Trade in partnership with the General Confederation of Moroccan Enterprises (CGEM), the event underscores the critical role......

Morocco’s agriculture growth drives economic recovery in early 2025

Morocco’s economy has shown solid recovery in the first half of 2025, bolstered by a 4.6% growth in agricultural output and significant progress across key industries. According to the Directorate of Studies and Financial Forecasts (DEPF) under the Ministry of Economy and Finance, this rebound......

70 new buses arrive at Agadir Port, Launching Morocco’s 2025-2029 urban transport program

The Port of Agadir welcomed 70 brand-new buses on Saturday, marking the official launch of Morocco’s National Urban Public Transport Program 2025–2029. Backed by a total budget of 11 billion dirhams, the initiative aims to modernize and expand urban mobility networks across the Kingdom, with......

Iran: Major private bank Ayandeh declared bankrupt, Assets absorbed by state

One of Iran’s largest private banks, Ayandeh Bank, has been officially declared bankrupt by the Iranian authorities, according to state media on Saturday. Founded in 2012, the institution—whose name means “future” in Persian—operated more than 270 branches across the country......

Spanish unemployment rises in third quarter as services sector slows

Spain’s unemployment rate increased slightly to 10.45 percent in the third quarter of 2025 as the dynamic services sector, heavily reliant on seasonal tourism and hospitality, shed jobs following the summer season. According to the National Statistics Institute, this figure represents a modest......

Bank liquidity needs rise in Morocco in August 2025

Morocco’s banking liquidity needs increased in August 2025 compared to the previous month, according to the Directorate of Studies and Financial Forecasts (DEPF). In response, Bank Al-Maghrib (BAM) raised the volume of its liquidity injections, reaching an average of 134.4 billion dirhams (MMDH)......

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