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Economy
Casablanca's local authorities are set to launch an extensive project to triple the capacity of provincial road 3011. This 1.8-kilometer stretch connects the roundabout on Sidi Maârouf road to the overpass spanning the A1 highway. With an allocated budget of 42 million dirhams, the initiative......
In the context of reshaping trade exchanges, a delegation from the Korea Importers Association, led by its president Kim Byung Kwan, held a business forum and consultations in Rabat to explore new opportunities with Morocco. The aim was to secure supplies and reduce dependence on traditional markets. During......
Japan Tobacco International (JTI) has once again secured the prestigious title of "Top Employer" in Morocco, marking its fourth consecutive year of recognition. This accolade highlights the company's unwavering commitment to creating a work environment that prioritizes innovation, well-being,......
The recent imposition of a 25% tariff on steel and aluminum imports by the United States is already affecting Argentina. On Wednesday, an Argentine steel company announced the dismissal of 1,000 workers in response to the new trade measures. Acindar, a subsidiary of the Indian group ArcelorMittal, reached......
The franchise sector in Morocco is experiencing remarkable growth, with a consistent 25% annual increase that has caught the attention of international investors, according to Industry and Trade Minister Ryad Mezzour's announcement in Casablanca on Wednesday. Speaking at the Morocco Franchise Exhibition......
Bank Al-Maghrib has released the latest foreign exchange rates against the Moroccan dirham for Thursday, February 13, 2025. The rates include both buying and selling prices for major global currencies. The euro is trading between 9.8029 and 11.3925 dirhams, while the US dollar ranges from 9.3996 to......
Morocco has been selected to host the 5th Global Implementation Support Symposium (GISS) for civil aviation in Marrakech in April 2026, as announced at the closing ceremony of the 4th edition in Abu Dhabi. The event, organized by the UAE General Civil Aviation Authority and the International Civil Aviation......
Tomato prices have soared this week at Casablanca's wholesale market, climbing by 1.30 DH/kg to reach 6.80 DH/kg, compared to 5.50 DH/kg the previous week. Other vegetables have followed a similar upward trend. Onions and courgettes recorded price increases of 0.50 DH/kg and 1.50 DH/kg, respectively,......
Minister of Industry Ryad Mezzour emphasized the pivotal role of Morocco’s industrial sector in the national economy, revealing that it employs 1.1 million workers and encompasses approximately 13,000 companies. Speaking during a session at the House of Councillors, the minister highlighted the......
The Tanger Med port complex continues to experience strong growth, achieving a record revenue of 4 billion dirhams in 2024, marking a 10% increase year-on-year. In the fourth quarter alone, the port generated 1.016 billion dirhams, reflecting a 9% growth compared to the same period in 2023. The year......
In response to the imposition of 25% tariffs on steel and aluminum imports by U.S. President Donald Trump, the Brazilian government affirmed on Tuesday that Brazil would not engage in "any trade wars." The country expressed its commitment to upholding free trade and strengthening international......
In recent weeks, the global economy has felt the ripple effects of U.S. President Donald Trump’s tariffs, some of which have been implemented, while others remain in the threat stage. These tariffs have caused instability in global markets and weakened various currencies, but one significant exception......
Jordan’s King Abdullah II became the first Arab leader to meet with U.S. President Donald Trump at the White House since the start of Trump's second term on January 20. However, the meeting placed Abdullah in a challenging position, given the strong historical ties between Jordan and the U.S.......