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Keywords: Economy


Morocco’s youth lead sustainable innovation at Enactus festival in Casablanca

Casablanca is set to host the sixth edition of the Sustainable Innovation Fest (SIF), Morocco’s premier event dedicated to social entrepreneurship and sustainable development. Organized by Enactus Morocco, the three-day festival will run from July 8–10, bringing together over 145 university......

Morocco’s industrial sector sees growth amid textile struggles

Morocco’s industrial production surged in May 2025, signaling robust growth across most sectors, according to Bank Al Maghrib’s latest monthly industry survey. Factories operated at 78% capacity during the month, reflecting strong demand for manufactured goods. Growth across industries,......

African Development Bank grants €300 million to boost Morocco’s economy and create jobs

The African Development Bank (AfDB) has approved over €300 million in funding to support Morocco’s economic development and job creation initiatives. The decision, announced by the AfDB’s Board of Directors, aims to strengthen the North African country’s resilience, competitiveness,......

Morocco’s central bank maintains key interest rate at 2.25% amid economic uncertainties

Morocco’s central bank, Bank Al Maghrib (BAM), has decided to keep its benchmark interest rate unchanged at 2.25%, signaling a cautious approach amid significant uncertainties in both domestic and global economic conditions. The decision reflects the bank’s commitment to balancing economic......

Spain’s shifting trends: sologamy and the Balearic driving examiner crisis

The rise of sologamy in Spain A peculiar trend is gaining traction in Spain: sologamy, or marrying oneself. The latest example comes from Stephane Soriano, a politician from Benaguasil, near Valencia, who made headlines for hosting a lavish ceremony to marry himself. With friends and family in attendance,......

Morocco strengthens its position as a global aerospace hub with ambitious plans for growth

Morocco is solidifying its status as a global leader in the aerospace industry, with 150 companies operating nationwide and generating an annual revenue of €2.5 billion. The sector currently employs 26,000 professionals and is poised for significant expansion in the coming years. A growing aerospace......

Four Moroccan companies rank among Forbes Top 100 in 2025

Four Moroccan companies have earned spots in Forbes Middle East’s Top 100 Listed Companies 2025, a ranking that highlights the region’s most prominent businesses based on market value, profits, assets, and sales. The featured companies include Attijariwafa Bank, Maroc Telecom, Bank of Africa,......

Morocco’s tax revenues surge to MAD 220 billion in 2024, driven by digital reforms

Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......

Morocco urges small shopkeepers to embrace digital payments to combat retail competition

Morocco’s government is calling on neighborhood shopkeepers, known locally as moul hanout, to adopt digital payment systems in response to mounting competition from retail giants. Secretary of State to the Minister of Industry, Omar Hjira, emphasized the need for these small businesses to modernize,......