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Economy


Tarik Senhaji appointed as new President of the Moroccan Capital Market Authority (AMMC)

Tarik Senhaji has been appointed as the new President of the Moroccan Capital Market Authority (AMMC). His nomination was made by HM King Mohammed VI, upon the proposal of the Head of Government and at the initiative of the Minister of Economy and Finance. Senhaji succeeds Nezha Hayat, who recently......

African aviation chief urges tax reform to curb youth exodus and boost jobs

Africa’s aviation industry faces a crisis of over-taxation that threatens to deepen youth unemployment and migration across the continent, according to Esayas Woldemariam Hailu, CEO of ASKY Airlines. Speaking at a World Bank summit in Washington, D.C., Hailu warned that excessive levies on airline......

Morocco’s 2026 finance bill charts path toward sustainable emergence

Morocco’s 2026 Finance Bill, reviewed during a Ministerial Council chaired by His Majesty King Mohammed VI at the Royal Palace in Rabat, aims to drive the country toward sustainable economic growth and social equity. The bill was presented by Minister of Economy and Finance Nadia Fettah, who highlighted......

Financing: 57% of Moroccan SMEs consider interest rates too high (survey)

Half of Moroccan small and medium-sized enterprises (SMEs) still struggle to obtain formal financing from banks or financial institutions, according to a recent survey by the European Investment Bank (EIB), conducted in partnership with the European Union (EU) under the Trade and Competitiveness Programme......

Moroccan Dirham sepreciates 0.6% against Dollar and Euro

Rabat, October 18, 2025 — The Moroccan dirham depreciated by 0.6% against both the U.S. dollar and the euro during the week of October 9–15, 2025, according to Bank Al-Maghrib (BAM). No foreign exchange auctions were conducted over this period, BAM reported in its latest weekly indicators......

Morocco and Israel sustain strong economic partnership despite slower momentum

Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, affirmed that the kingdom’s economic partnership with Israel remains robust, even though its pace has moderated since the initial surge following the trilateral agreement with the United States and Israel in 2020. During an......

Morocco to revise 2026 budget with stronger focus on health and education

Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......

Hop Lun strengthens global production network with new acquisitions in Morocco

Hop Lun, a leading international manufacturer of lingerie and swimwear, has expanded its global operations through the acquisition of two Moroccan companies, marking a significant step in its strategic growth plan. The move establishes a new production hub in Morocco, enhancing the company’s proximity......

Morocco and Russia renew fisheries cooperation with strategic maritime agreement

Morocco and Russia have strengthened their long-standing partnership through a new maritime fisheries cooperation agreement, replacing the previous deal that expired in 2024. The accord reinforces bilateral ties while supporting sustainable fishing practices in Moroccan waters. The agreement was signed......

Irish homeowners urged to adopt energy-efficient upgrades as costs rise

With energy prices climbing and colder months approaching, the Sustainable Energy Authority of Ireland (SEAI) has unveiled a nationwide campaign encouraging homeowners to invest in energy-efficient home improvements. The initiative, crafted in collaboration with Posterplan and WPP Media, delivers its......

Coface reaffirms Morocco’s stability with “B” rating amid global uncertainty

Coface has upheld Morocco’s “B” rating in its October 2025 Risk Review, confirming the country’s moderate and controlled level of business risk. The decision underscores Morocco’s resilient economic fundamentals despite global volatility and regional pressures. According......

Moroccan households face growing pessimism over living conditions

Moroccan families are expressing deep concern about their economic situation, with a new report from the High Commission for Planning (HCP) showing that most believe their living standards have declined over the past year. The findings underscore persistent anxiety about the rising cost of living, job......

Morocco launches major maintenance hub for F-16 and C-130 aircraft

Morocco has taken a significant step in strengthening its aerospace infrastructure with the start of construction on a new heavy maintenance hangar for F-16 and C-130 aircraft at Benslimane Airport. The initiative, led by Maintenance Aero Maroc (MAM), marks a new phase in the country’s ambition......