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Keywords: Global


Morocco's Exemplary Leadership in Global Cooperation Garners Praise from Non-Aligned Movement

The recent Non-Aligned Movement (NAM) Summit showcased Morocco's pioneering diplomacy and its unifying role on the world stage. The Final Declaration of the Summit recognized the Kingdom for numerous humanistic and constructive initiatives presented at the United Nations. Foremost among these accolades......

Morocco's Notable Position in Africa and the Arab World on the 2024 Social Progress Index

Morocco currently holds the 101st position out of 170 countries in the 2024 Social Progress Index, marking a slight decline from its 100th position in 2022. This assessment, presented by The Social Progress Imperative, scrutinizes a spectrum of indicators reflecting human needs, well-being, and societal......

Fuel Prices Drop Again, Bringing Relief for Moroccan Drivers

Moroccan motorists received encouraging news at the pump this week as fuel prices continued their downward trend. Reports from major cities across the country confirm that the cost of diesel and gasoline experienced a decline on Tuesday, offering additional relief for drivers grappling with high fuel......

Moroccan Passport Ascends to 71st Place on 2024 Henley Passport Index

The Moroccan passport has exhibited a steady ascent in strength over recent years, currently securing the 71st position on the 2024 Henley Passport Index. This marks a significant advancement from its 83rd place ranking just the previous year. Moroccan citizens can now explore 71 countries and territories......

Spanish Hotel Franchises Embrace Morocco's Tourism Surge, Expanding their Presence

In the wake of Morocco's thriving tourism industry, Spanish hotel giants are seizing the opportunity to extend their reach into the North African country, as it emerges as a formidable competitor in the global travel market. The likes of Barceló, Riu, Iberostar, and Meliá, well-established......

High Wages: An Asset for Workers, a Challenge for Businesses?

Morocco boasts the third-highest minimum wage among major EU garment suppliers, presenting both opportunities and challenges for the country's vital textile industry. A recent study from the French think tank Evalliance suggests that Moroccan manufacturers may need to adapt pricing and production......

Food Prices Witness a Significant Drop: Global Costs Decline by 13.7% in 2023

Over the past year, food prices worldwide have experienced a substantial decline, offering much-needed relief to consumers and marking a departure from the soaring costs witnessed in 2022. According to data released on Friday by the United Nations' Food and Agriculture Organization (FAO), the global......

Automobile Exports Sustain Impressive Momentum, Driving Economic Surge

In a remarkable display of resilience and growth, the automotive sector's exports surged to over 130.64 billion DH by the end of last November, marking a substantial 30.2% year-on-year increase, as reported by the Office of Foreign Exchange. This surge finds its roots in the expanding sales within......

Morocco Maintains "Medium-Stable" Business Environment Amidst Regional Uncertainty

Amidst the economic and political uncertainties prevalent in the Middle East and North Africa (MENA) region, Morocco stands out as a relatively stable operating environment for international companies, according to a recent risk assessment. In Control Risks' 2023 RiskMap report, Morocco secured......

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