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Keywords: Morocco economy


UAE cements position as Morocco's top foreign investor with MAD 3.1 billion in 2024

The United Arab Emirates has emerged as Morocco’s largest foreign investor in 2024, injecting MAD 3.1 billion ($310 million) into the economy, according to a report by Morocco’s Office des Changes. This represents 18.9% of Morocco's total net foreign direct investment (FDI), reflecting......

Morocco and the Gulf: forging a strategic economic alliance

In recent years, the relationship between Morocco and the Gulf states has evolved significantly, transitioning from political solidarity to a robust strategic partnership with far-reaching economic and developmental implications. This cooperation, built on mutual trust and shared interests, positions......

Morocco sees slight 0.1% drop in manufacturing producer prices

Morocco’s industrial producer price index for the manufacturing sector, excluding oil refining, decreased by 0.1% in July 2025 compared to the previous month, according to the High Commission for Planning (HCP). Declines in key manufacturing industries The HCP’s latest report on industrial,......

Moroccan banks report slight drop in liquidity needs as central bank intervenes

Morocco’s banking sector saw a marginal decline in liquidity needs, with demand falling 0.88% in July to an average of MAD 113 billion ($12.53 billion), compared to MAD 114 billion ($12.66 billion) in June. Bank Al Maghrib (BAM), the country’s central bank, intervened with a total of MAD......

Morocco’s dirham strengthens against dollar, slips slightly versus euro in July

The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......

Morocco’s customs revenue rises 5.8% in first seven months of 2025

Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......

Morocco’s industrial sector shows resilience as business climate holds steady

Morocco’s industrial sector maintained a stable business environment in the second quarter of 2025, with most companies reporting normal operating conditions, according to the latest survey by Bank Al Maghrib (BAM). The findings show steady performance across key industries, despite sector-specific......

Morocco’s unemployment rate drops slightly to 12.8% but challenges persist

Morocco’s unemployment rate fell to 12.8% in the second quarter of 2025, down from 13.1% during the same period last year, according to figures released by the High Commission for Planning (HCP). This marks the first decline after several quarters of rising unemployment, driven largely by job creation......

Morocco emerges as Africa’s top mining investment destination

Morocco has solidified its position as a leading destination for mining investment, ranking first in Africa and 18th globally in the 2024 Annual Survey of Mining Companies by Canada’s Fraser Institute. This ranking underscores Morocco’s competitive edge in mineral potential and government......