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Economy


Sidi Slimane aims to position itself on the regional Industrial map

Situated just around 60 kilometers from the rapidly expanding industrial hub of Kénitra, Sidi Slimane is setting its sights on becoming a key player in the regional economic landscape. The city is preparing to launch a comprehensive feasibility study, both technical and financial, with the aim......

Go siyaha removes all barriers for tourism entrepreneurs (Ministry)

The Moroccan government has announced three significant improvements to the “Go Siyaha” program, aimed at maximizing its impact and creating more jobs within the tourism sector. The Ministry of Tourism, Craftsmanship, and Social and Solidarity Economy confirmed that these changes will come......

E‑Visa: Morocco processes nearly half‑million applications in three years

Launched three years ago, Morocco’s e‑visa system has emerged as a cornerstone of the country’s digital modernization strategy, handling nearly 500,000 applications since inception. This initiative enhances Morocco's global appeal by easing entry processes and bolstering both tourism......

OCP connects atlantic to Khouribga with 203‑km desalinated water pipeline

The OCP Group officially inaugurated on July 14 the Jorf Lasfar–Khouribga (J2K) pipeline, a major infrastructure project that transports desalinated seawater over 203 km from the Atlantic coast to central Morocco. The initiative, led by OCP Green Water, now supplies the world’s largest......

Domestic demand drives Morocco’s economic growth with 5.4% surge in 2025

Morocco's domestic demand is set to increase by 5.4% in 2025 and 4.6% in 2026, continuing to fuel the country's economic momentum, according to projections by the High Commission for Planning (HCP). As the main engine of national growth, domestic demand is expected to contribute around 5.8 percentage......

Moroccan economy expected to grow by 4.4% in 2025

Morocco’s national economy is projected to maintain solid growth with a forecast of 4.4% in 2025 and 4% in 2026, according to the High Commission for Planning (HCP). This outlook is driven by improvements in agriculture and steady non-agricultural performance, supported by strong domestic demand. In......

EU and South Korea seek urgent trade deals to avoid Trump’s looming tariffs

The European Union and South Korea are scrambling to reach trade agreements with U.S. President Donald Trump before the August 1 deadline, as Washington threatens to impose a 30% tariff on most imports from the EU and Mexico, with similar warnings extended to countries like Japan and South Korea. White......

Tanger Med port invests $500 million to double truck terminal capacity

Tanger Med, Morocco's largest port and a critical logistics hub in the Mediterranean region, has unveiled a $500 million (MAD 5 billion) project to expand its dedicated truck terminal. The initiative aims to double the terminal's capacity, aligning with the surge in Morocco's trade activity,......

Morocco-Nigeria gas pipeline gains momentum with new agreements in Rabat

The Morocco-Nigeria gas pipeline project is progressing steadily, as Rabat hosted a series of high-level meetings this week to advance the ambitious initiative. Representatives from national oil companies, the Economic Community of West African States (ECOWAS), and other stakeholders convened on July......

Australian prime minister Albanese begins China trip to strengthen trade ties

Australian Prime Minister Anthony Albanese has embarked on a weeklong visit to China, aiming to fortify economic relations between the two nations. The visit, which commenced this weekend, includes high-level meetings with top Chinese officials and a focus on rebuilding trade following years of strained......

New Morocco-Saudi shipping line to boost trade and cut transit time

A planned direct shipping line between Morocco and Saudi Arabia is set to revolutionize trade relations, benefiting over 100 Moroccan exporters by significantly reducing transit times and increasing market access. The initiative seeks to deepen bilateral trade ties and enhance economic cooperation between......

Morocco and UAE bolster innovation with industrial property agreement

Morocco and the United Arab Emirates (UAE) have taken a significant step to enhance their collaboration in fostering innovation and economic development by signing a memorandum of understanding (MoU) on industrial property rights. The agreement seeks to strengthen bilateral relations and facilitate knowledge......

A first in Morocco: E-commerce platforms now accept QR-code mobile payments

In a groundbreaking development for Morocco’s digital economy, e-commerce merchants can now accept mobile payments via QR code, thanks to Fast Payment's upgraded online platform. This marks the first time such functionality is available to online sellers in the country. Users of electronic......