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Economy


Casablanca airport expansion: Morocco builds its gateway to the world

Morocco’s ambitions to become a global aviation hub are taking flight as groundwork begins for a new terminal at Mohammed V International Airport in Casablanca. This transformative project, under the National Airports Office’s (ONDA) “Airports 2030” strategy, aims to elevate the......

Morocco’s youth lead sustainable innovation at Enactus festival in Casablanca

Casablanca is set to host the sixth edition of the Sustainable Innovation Fest (SIF), Morocco’s premier event dedicated to social entrepreneurship and sustainable development. Organized by Enactus Morocco, the three-day festival will run from July 8–10, bringing together over 145 university......

Brics nations advance de-dollarization, reshaping global financial order

A growing movement among Brics nations to reduce reliance on the US dollar in global trade is challenging longstanding American financial dominance. By adopting local currencies for international transactions, the alliance of emerging economies is reshaping the global financial landscape and provoking......

Saudi Arabia unveils skill-based work permit system to attract global expertise

Saudi Arabia has implemented a new classification system for expatriate work permits, aiming to enhance labor market efficiency, attract international talent, and align with the Kingdom’s Vision 2030 objectives. The initiative, announced by Minister of Human Resources and Social Development Ahmed......

Placing competence at the heart of institutional reform

Rooted in the cultural values of Morocco and shaped by professional experiences abroad, a call for institutional reform and the prioritization of human dignity has emerged as the cornerstone of sustainable development. The philosophy of “the right person in the right place” is often heralded......

Spain introduces new public transport rates and discounts for 2025

Spain's free train and bus travel program, which began over three years ago, officially ends today. Starting July 1st, 2025, commuters will transition to a new system of discounted fares and passes as the government rolls out revised public transport rates. The end of free travel Introduced during......

OCP Foundation empowers rural cooperatives for sustainable growth across Africa

The OCP Foundation marked International Cooperatives Day by reflecting on its decade-long efforts to strengthen rural communities through cooperative development. Operating across 12 regions in Morocco and nine countries in the Global South, the Moroccan organization focuses on empowering farmers and......

Renault celebrates Morocco’s first fully electric quadricycle, the Mobilize DUO

Renault’s Tangier factory marked a major milestone on Friday with the production of the 2,000th Mobilize DUO, Morocco’s first fully electric quadricycle. This innovative vehicle, tailored for urban mobility, represents a significant step forward in Morocco’s transition to sustainable......

Morocco’s industrial sector sees growth amid textile struggles

Morocco’s industrial production surged in May 2025, signaling robust growth across most sectors, according to Bank Al Maghrib’s latest monthly industry survey. Factories operated at 78% capacity during the month, reflecting strong demand for manufactured goods. Growth across industries,......

Jouahri advocates global cooperation to strengthen Islamic finance resilience

Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), Morocco’s Central Bank, emphasized the importance of international collaboration in advancing Islamic finance during the 23rd Forum on Islamic Financial Stability held in Rabat. The event, organized by BAM and the Islamic Financial Services......

Morocco's airport authority embarks on leadership overhaul to fuel "Airports 2030" vision

Morocco's National Airport Authority (ONDA) has initiated a strategic restructuring of its leadership to propel its ambitious "Airports 2030" plan, aimed at modernizing the nation’s airport infrastructure to meet international standards. Leadership restructuring to drive transformation ONDA......

Moroccans question rising fuel prices despite global oil drop

Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......

French wholesaler sentenced for mislabeling imported fruits as French produce

A wholesaler in Dordogne, France, has been handed a one-year suspended sentence and a €50,000 fine for falsely labeling imported fruits as French products. The fruits, primarily sourced from Morocco, Portugal, and the Netherlands, included raspberries, blueberries, blackberries, chestnuts, and kiwis,......