Keywords: Economic Development


World Bank approves $650 million to support Morocco’s digital transformation and climate resilience

The World Bank has approved $650 million in financing for Morocco to support the country's digital transformation agenda and strengthen its resilience to climate-related, technological, and economic challenges. The funding package consists of two separate programs designed to advance key national......

African leaders call for fairer credit access at Nairobi summit

African leaders gathering in Kenya for the Africa Forward Summit called for major reforms to the global financial system in order to improve access to credit and encourage investment across the continent. The summit, held in Nairobi with the participation of more than 30 African heads of state and government......

Tourism in Morocco: Aziz Akhannouch announces record revenues of 138 billion dirhams

The Head of Government, Aziz Akhannouch, announced on Wednesday before both Houses of Parliament in Rabat that revenues generated by the national tourism sector reached 138 billion dirhams. This unprecedented level confirms the strategic importance of tourism in Morocco’s economy. This growth......

HM King Mohammed VI chairs working session on Nador West Med strategic project

HM King Mohammed VI presided over a working session on Wednesday at the Royal Palace in Casablanca dedicated to the Nador West Med strategic project, a major new port and industrial complex set to launch operations in the fourth quarter of this year. The initiative forms part of the Royal Vision to strengthen......

Morocco enacts 2026 finance law to strengthen economy, competitiveness, and tax fairness

Morocco has introduced its 2026 Finance Law, officially Law No. 50-25, which outlines a comprehensive fiscal framework designed to consolidate economic growth, support job creation, and ensure fair taxation. The legislation continues the government’s broader reform strategy aimed at strengthening......

Morocco's creative industries aim for 5% GDP contribution by 2030

The Moroccan Forum of Cultural and Creative Industries (FOMICC) opened in Rabat for its third edition, showcasing the growing cultural sector's ambition to play a pivotal role in the national economy. Running from December 11 to 14 at the National Institute of Music and Choreographic Arts (INSMAC),......

Washington and Kyiv strengthen economic recovery partnership amid ongoing conflict

The United States and Ukraine have intensified efforts to advance their joint post-war recovery strategy through the newly launched Reconstruction Investment Fund. During a high-level virtual meeting, Ukrainian Prime Minister Yulia Svyrydenko and US Treasury Secretary Scott Bessent reviewed progress......

Morocco showcases two decades of industrial progress at UN conference in Saudi Arabia

Morocco’s Industry Minister, Ryad Mezzour, highlighted the country’s remarkable industrial transformation over the last 20 years at the 21st UN Industrial Development Organization (UNIDO) conference held yesterday in Riyadh, Saudi Arabia. His address underscored Morocco’s advancements......

Morocco advances plans to become a regional leader in aquaculture

Morocco is steadily positioning itself as a future leader in aquaculture across the region, leveraging strong political will, strategic investments, and a forward-looking vision for the blue economy, according to a recent World Bank report. The international financial institution praised Morocco’s......