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Keywords: Market


Morocco's footwear exports to Brazil surge with remarkable growth

Morocco's footwear exports to Brazil have experienced an astounding surge, with sales spiking by 3,300% in February compared to the previous year. This remarkable growth positioned Morocco as one of the top 20 suppliers of shoes to the Latin American market, according to data from the Brazilian Footwear......

Growth in Moroccan wholesale trade signals optimism for early 2025

Moroccan wholesale trade sector sees growth amid challenges for services Morocco’s wholesale trade sector demonstrated resilience in late 2024, with 36% of enterprises reporting an uptick in sales during the fourth quarter, as revealed by a survey conducted by the High Commission for Planning......

Wholesale Trade Outlook: Stability and Growth Expected in Q1-2025

According to the Haut-Commissariat au Plan (HCP), 64% of wholesalers anticipate a stable overall sales volume in the first quarter of 2025, while 28% expect an increase. This projection is mainly attributed to anticipated growth in wholesale trade of household goods, food and beverage products, and......

Zeus expands its footprint in Morocco with antimony project acquisition

Australian uranium company Zeus has recently finalized an agreement with Ashgill Morocco Limited to acquire the Casablanca Antimony Project, a venture that has garnered attention as a "highly prospective" exploration initiative in central Morocco. The project encompasses six exploration licenses......

Tesla faces plunging stock prices amid broader tech market decline

Tesla, the electric vehicle manufacturer, is facing significant turbulence in the financial markets. Its stock plummeted over 15% on the New York Stock Exchange, wiping out approximately $130 billion in market capitalization in a single session. This sharp decline marks a critical turning point for Elon......

Spain's housing crisis: The struggle for affordable living in a lottery system

As Spain grapples with an escalating housing crisis, many citizens are turning to a lottery system for a chance at affordable living. Among them is 30-year-old auxiliary nurse Pacheco, who, alongside her partner Sergio Encinas, has faced the harsh reality of soaring rents. The couple has been unable......

Morocco and France to sign agreement to regulate tomato market dynamics

Amid escalating tensions in the agricultural sector, Morocco and France are set to formalize a bilateral agreement aimed at regulating the tomato market to ensure fair competition. This agreement, anticipated to be signed in mid-March, is a response to ongoing complaints from French producers who argue......

Property prices in Spain soar to historic highs

The average price of a pre-owned home in Spain has surged to a record €2,271 per square metre following a 1.5 percent monthly increase in February, as reported by property portal Idealista. This marks a 1.2 percent rise over the last three months, setting a new benchmark for Spain's leading......

Strategic auto financing partnership reshapes Morocco’s secondhand car market

Dar Al Amane, the participatory finance arm of Société Générale Maroc, has partnered with Autocaz, a subsidiary of Auto Hall and a key player in Morocco's secondhand car market, to launch an innovative auto financing solution aligned with Islamic finance principles. This......

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