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Economy


Morocco’s aerospace industry soars at record-breaking Casablanca summit

Morocco solidified its position as a global aerospace hub at the 8th edition of Aerospace Meetings Casablanca, which concluded on October 2. The three-day summit, held in Nouaceur, Casablanca, drew over 1,000 participants and facilitated more than 4,500 business meetings, highlighting the nation’s......

Freeport confirms seven deaths after Grasberg mine disaster in Indonesia

Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......

Melania Trump’s meme coin relaunch sparks scrutiny over transparency

Melania Trump has reintroduced her meme coin, MELANIA, after months of silence, accompanied by an AI-generated promotional video that briefly boosted the token’s price. However, the relaunch has reignited concerns about past transactions and questions regarding transparency. Built on the Solana......

Casablanca Stock Exchange launches support program for 30 industrial companies

The Casablanca Stock Exchange has launched a new support program aimed at high-potential industrial companies. The initiative seeks to train, mentor, and facilitate these companies’ access to capital market financing. The program is a joint effort between the Casablanca Stock Exchange, the Ministry......

Dirham depreciation, strong reserves, and significant stock market correction (BAM)

The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......

Morocco records 65,754 new businesses in the first seven months of 2025

Morocco registered 65,754 newly created businesses between January and July 2025, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). The new entities include 47,138 legal persons and 18,616 natural persons, the office noted in its latest business creation report. By sector,......

Foreign Trade: Unit value indices decline in imports and exports in Q2-2025

Morocco’s unit value indices for imports and exports fell in the second quarter of 2025, with year-on-year declines of 5.7% and 0.8%, respectively, according to the High Commission for Planning (HCP). The drop in the import unit value index was mainly due to decreases in energy and lubricants......

ASMEX strengthens ties with East Africa through trade mission to Kenya

The Moroccan Exporters’ Association (ASMEX) has announced the launch of a business mission to Nairobi, Kenya, scheduled from November 10 to 14, 2025. This initiative is part of Morocco’s broader vision to reinforce economic integration across the African continent. The mission aims to consolidate......

Stellantis to temporarily halt production at Mulhouse plant, 2,000 workers affected

Automotive giant Stellantis announced on Tuesday that it will temporarily suspend operations at its Mulhouse plant in eastern France. The shutdown, scheduled from October 27 to November 2, will affect around 2,000 of the site’s 4,700 employees. The Mulhouse facility currently assembles popular......

Morocco: Alliances Group posts 30% rise in net profit in H1 2025

Alliances Group, one of Morocco’s leading real estate developers, reported a net profit of 216 million dirhams at the end of June 2025, marking a 30% increase compared with the same period last year. The company’s gross margin reached 35% of its turnover, according to a statement released......

Akdital posts strong growth in consolidated net profit in H1 2025

The Moroccan healthcare group Akdital recorded consolidated revenues of 2.09 billion dirhams in the first half of 2025, marking a sharp +68% increase compared to June 2024. This growth was mainly driven by the contribution of new facilities opened between 2024 and 2025,......

Manufacturing industries: Producer prices decline 0.1% in August

The producer price index (PPI) for the "manufacturing industries excluding petroleum refining" sector fell by 0.1% in August 2025 compared with July, according to the High Commission for Planning (HCP). The decline reflects a drop in prices of 0.2% in the food......

Renault-Nissan case: Rachida Dati soon to learn dates of her corruption trial

Former French Culture Minister Rachida Dati is expected to be informed on Monday of the schedule for her trial, in which she will appear alongside former Renault-Nissan chief Carlos Ghosn. Both face charges of corruption and influence peddling, accusations they strongly deny. The......