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Economy


Morocco chosen to host African finance ministers’ conference in 2026

Morocco is set to host the 58th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development in March 2026. This announcement was made on Friday during the experts' session of the 57th ECA session and the......

Morocco probes steel wire imports amid claims of market dumping

The Moroccan Ministry of Industry and Trade has initiated an anti-dumping investigation concerning galvanized steel wire imports from Egypt and the United Arab Emirates (UAE). The move follows complaints lodged by local companies, which argue that these imports are being sold at artificially low prices,......

Assessment of the First Ten Days of Ramadan 2025: Modest Growth in Investments According to Imperium

Ramadan is traditionally a time when media sees a significant surge in audience due to changes in consumer habits and lifestyles. It also serves as a key period for advertisers to increase their ad investments. However, the first ten days of Ramadan 2025 (from March 2 to 11) have shown only a moderate......

UK Economy Faces Unexpected Contraction in January

The United Kingdom’s economy experienced an unexpected contraction in January, with Gross Domestic Product (GDP) shrinking by 0.1% following a 0.4% increase in December, according to the Office for National Statistics (ONS). This economic downturn presents a fresh challenge for the government as......

Addressing high seafood costs: Morocco's Affordable Fish initiative success

Morocco has witnessed significant public discourse surrounding exorbitant fish prices, particularly in its coastal cities. The Ministry of Agriculture and Fisheries reports remarkable outcomes from the seventh edition of the "Affordable Fish" initiative, launched on February 22, which has successfully......

Paraguay explores live cattle exports to Morocco

Paraguay is actively studying the possibility of exporting live cattle to Morocco, as local producers seek to diversify their export markets. This initiative is part of a national strategy aimed at enhancing the presence of the South American country in new markets, according to the Paraguayan newspaperABC. Morocco......

Morocco Extends Copper Export Control Measures Until 2026

The Moroccan government has decided to extend the pre-authorization system for copper exports until February 18, 2026, according to a circular issued by the Customs and Indirect Taxes Administration (ADII). This decision aims to strengthen oversight of the export of this strategic metal, continuing measures......

South Korea prepares for "increased unfair trade practices" amid US tariffs

South Korea has expressed concerns about an increase in "unfair trade practices" as a result of the new U.S. tariffs on steel and aluminum. In response, the South Korean government has promised to take a "strong response" to these measures. The United States began imposing a 25%......

Morocco takes the helm of UN Economic Commission for Africa 57th session

Morocco has been unanimously elected to preside over the 57th session of the UN Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This significant election occurred at the ECA headquarters in Addis Ababa and underscores the growing......

Morocco's budget deficit swells to MAD 21.1 billion amid rising expenses and revenues

In a stark financial revelation, Morocco's Treasury has reported a staggering budget deficit of MAD 21.1 billion ($2.1 billion) for February 2025. This figure marks a considerable increase from the MAD 3.8 billion ($0.38 billion) deficit recorded during the same period last year, highlighting a deteriorating......

Spain significantly boosts arms exports to Morocco, reaching €21 million in 2024

Spain has substantially increased its arms exports to Morocco, with figures soaring by 1,264.77% in 2024 compared to the previous year. The total value of these exports is now €21 million, up from just €1.5 million in 2023, according to an analysis by the Spanish news outlet OKDiario based......

Morocco's Customs Revenue Experiences Modest Growth in Early 2025

Morocco’s treasury reports that customs revenues have demonstrated resilience in the early months of 2025, with net receipts reaching MAD 14.735 billion ($1.47 billion) by the end of February. This figure marks a 1.3% increase compared to the same period last year, showcasing the stability of Morocco’s......

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......