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Economy
The U.S. government, under President Donald Trump, has announced a 30% customs surcharge on all products imported from Algeria, effective August 1, 2025. The decision was communicated in a formal letter sent to Algerian President Abdelmadjid Tebboune as part of a broader trade policy shift targeting......
According to Forbes’ July 2025 data, the United States is home to 125 billionaires of foreign origin, a significant increase from 92 in 2022. Among them, 8 billionaires have African roots, and together they control a staggering $413 billion, equivalent to nearly one-third of the total wealth held......
As of July 4, 2025, the total net assets under management by Moroccan mutual funds, known as OPCVM (Undertakings for Collective Investment in Transferable Securities), have surpassed 768.2 billion dirhams, marking a weekly increase of 5.29%, according to the Moroccan Capital Market Authority (AMMC). This......
While Moroccan families struggle to afford fish at local markets, one humble product is making waves across Europe: canned mackerel. Known locally as kabayla, this once “poor man’s fish” has become a highly sought-after export item, raising questions about food access and national priorities. In......
The impact of tariffs imposed by former President Donald Trump is now being felt by American consumers, as they face a second consecutive rise in consumer prices, according to the latest index released today. The Consumer Price Index (CPI), which tracks inflation, rose by 2.7% year-over-year in June,......
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......
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......
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......
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......
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......
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......
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, 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,......