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Economy


Morocco’s startups show resilience as MENA funding drops 77%

Despite a sharp decline in regional startup funding, Morocco’s ecosystem has remained stable, securing its fourth-place position in the MENA region. The North African country raised $12.3 million across three deals in October, nearly matching its September performance of $13 million, even as overall......

Morocco's ports manage 95% of foreign trade as global ranking improves

Morocco’s 14 international ports handle the vast majority of the country’s foreign trade, accounting for 95% of overall exchanges, according to Minister of Equipment and Water Nizar Baraka. Speaking during a parliamentary session at the House of Councillors, Baraka highlighted the strong......

Morocco streamlines $145 million aid to livestock farmers in record time

Morocco’s Agriculture Minister Ahmed Bouari has announced a groundbreaking achievement in agricultural subsidies, with the government transferring MAD 1.45 billion ($145 million) directly to over 352,000 livestock farmers in just five days. This initiative marks a significant shift towards efficiency......

Unemployment rate rises slightly to 7.7% in France in the third quarter

France’s unemployment rate edged up by 0.1 percentage point to 7.7% in the third quarter of 2025, according to figures released by the National Institute of Statistics and Economic Studies (INSEE) on Thursday. The number of job seekers rose by 44,000, bringing the total to around 2.4 million people......

U.S. sanctions deepen Russian oil discount to $20 per barrel under Brent

The latest U.S. sanctions targeting Russia’s top oil producers, Rosneft and Lukoil, have driven the discount on the country’s flagship Urals crude to $20 per barrel below Brent, marking the steepest reduction this year. The price gap mirrors levels seen shortly after Russia’s invasion......

World Bank urges Morocco to address barriers to women’s economic participation

The World Bank has raised concerns over the sharp decline in women’s participation in Morocco’s labor force, urging comprehensive reforms to address social, structural, and legal barriers limiting their economic contributions. Female labor force participation has dropped from 29% in 2000......

Morocco’s industrial imports soar 132% as high-tech investments grow

Morocco’s appetite for industrial equipment has surged over the past decade, reflecting the country’s growing transformation into a high-tech, industrialized economy. The value of imported industrial equipment climbed from MAD 77 billion in 2014 to nearly MAD 179 billion in 2024, marking......

Morocco’s fiscal outlook steady as protests wane, says Fitch

Morocco’s 2026 draft budget reflects a commitment to fiscal discipline, despite the nationwide protests that took place in September, according to Fitch Ratings. The agency affirmed Morocco’s “BB+” credit rating with a Stable Outlook in September, highlighting that the government’s......

Saudi group to invest MAD 250 million in Tangier's new Mediterranean City tourism hub

Morocco’s Ministry of Tourism has partnered with Saudi Arabia’s Naif Al Rajhi Investment Group to launch a major tourism project in Tangier, known as the "Mediterranean City." This initiative is part of Morocco's 2023-2026 tourism roadmap and aims to transform Tangier into a......

Moroccan delegation strengthens trade ties with over 170 Chinese companies in Hunan

More than 170 Chinese companies from Hunan Province engaged with a Moroccan delegation during the Morocco-Hunan Economic and Trade Cooperation Forum held in Changsha. The two-day event, organized by the Embassy of Morocco in China and the Hunan Provincial Department of Commerce, aimed to bolster bilateral......

UK’s rejection of Morocco energy link stalls XLCC cable factory plans

Plans for a massive undersea cable factory in Scotland have been thrown into uncertainty after the UK government rejected a proposed £25 billion energy link between Morocco and Britain. The decision has forced XLCC, the British company behind the project, to pause construction of its high-voltage......

CGEM certifies five firms to assess candidates for responsible SME label

The General Confederation of Moroccan Enterprises (CGEM) has officially accredited five firms to evaluate applicants for the "Label PME Responsable," an initiative aimed at advancing corporate social responsibility (CSR) among small and medium-sized enterprises (SMEs) in Morocco. Launched......

UK unemployment rate rises to 5%, higher than expected ahead of budget

London (AFP) — The unemployment rate in the United Kingdom climbed more sharply than anticipated in the third quarter, reaching 5%, its highest level since early 2021, signaling a slowdown in economic activity just two weeks before the government unveils its much-anticipated budget. According......