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Keywords: MAROC


Morocco's trade deficit surges 18.4% to reach $17.81 billion in early 2025

Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......

Morocco sets course for economic transformation under royal leadership

His Majesty King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, received Abdellatif Jouahri, Governor of Bank Al-Maghrib, at the Royal Palace in Tetouan on Tuesday. Jouahri presented the central bank’s annual report, outlining Morocco’s economic, monetary,......

Morocco’s beer production declines amid legal and economic contradictions

Morocco’s beer production has experienced a notable decline, positioning the country as a modest player in regional and global beer markets. A recent report by BarthHaas, a leading global hops supplier, revealed that Morocco produced 818,000 hectoliters of beer in 2024, a drop from 835,000 hectoliters......

Wildfire near Marseille disrupts flights and transport as flames spread rapidly

A fast-moving wildfire near Marseille temporarily shut down the city’s airport on Tuesday, causing widespread flight cancellations and delays as flames approached dangerously close to the runways. Marseille Provence Airport suspended operations around midday, leaving travelers stranded and airlines......

Revolut eyes Morocco for expansion amid fintech growth in North Africa

Europe’s largest digital bank, Revolut, is preparing to enter the Moroccan market, marking a significant step in its expansion across the Middle East and North Africa (MENA) region. The British fintech giant has appointed Amine Berrada, former operations director for Uber in Southern and Eastern......

Moroccan banks reduce bad loans, boost coverage despite rising provisions

Morocco’s central bank, Bank Al Maghrib (BAM), revealed a 2.7% decrease in non-performing loans (NPLs) at Moroccan banks, bringing the total to MAD 97.4 billion ($10.86 billion) in 2024. This marked a slight improvement in the loss rate to 8.4%, down 0.1 percentage points from the previous year,......

Morocco grants 5G licenses to telecom operators in major digital leap

The National Telecommunications Regulatory Agency (ANRT) has officially granted 5G licenses to Morocco’s three main telecom operators: Maroc Telecom, Inwi, and Orange. This decision marks a significant step in the country’s digital transformation. According to the ANRT's latest report,......

Microcredit sector in Morocco reaches 9.5 billion dirhams in outstanding loans

The microcredit sector in Morocco continues its upward trend, with total outstanding loans reaching 9.5 billion dirhams by the end of 2024, according to the latest report by Bank Al-Maghrib (BAM). This marks a 9.4% increase compared to the previous year’s growth of 4.2%. Over 98% of these loans......

Royal Air Maroc strengthens fleet with new Boeing 737 MAX 8 additions

Royal Air Maroc (RAM) has expanded its fleet with the delivery of two Boeing 737 MAX 8 aircraft, marking a significant step in the airline's growth strategy. The new planes, received on Thursday, are part of the company’s broader plan to modernize its operations and prepare for major international......