Keywords: Economy


Moulay Hafid Elalamy Calls for Ethical Wealth Creation and Smarter Business Growth in Morocco

Moroccan entrepreneur Moulay Hafid Elalamy has urged business leaders to pursue greater wealth without compromising ethical standards, arguing that sustainable success depends on strategic discipline, regulatory compliance and responsible management. Speaking at the General Confederation of Moroccan......

Casablanca Stock Exchange Opens Higher as MASI Gains 0.08%

The Casablanca Stock Exchange began Tuesday’s trading session on positive ground, with its benchmark MASI index edging up 0.08% to 16,988.99 points. The modest advance came after the index closed down 0.13% in the previous session, reflecting a slight improvement in market sentiment at the opening. The......

Morocco Tourism GDP Surges 11.7% to 129.7 Billion Dirhams in 2025

Morocco’s tourism industry strengthened its contribution to the national economy in 2025, with tourism-related gross domestic product (GDP) reaching 129.7 billion dirhams, up 11.7% from the previous year. The figures, published by the High Commission for Planning (HCP), highlight the sector’s......

Italy’s inflation reaches a three-year high as energy prices surge

Italy’s annual inflation rate rose to 4.2% in September 2026, up from 3.3% in August, reaching its highest level in three years as energy costs continued to climb, according to the Italian National Institute of Statistics (ISTAT). The latest figures highlight renewed pressure on household budgets......

China’s economy grows 4.5% in the third quarter, exceeding forecasts

China’s economy expanded by 4.5% year on year in the third quarter of 2026, exceeding market expectations of 4.4% and accelerating from the 4.3% growth recorded in the second quarter, according to official data released on Monday. The figures suggest that economic activity gained some momentum......

Moroccan Dirham Strengthens Against the US Dollar and Euro as Reserves Exceed MAD 515 Billion

RABAT, Morocco — The Moroccan dirham gained ground against both the US dollar and the euro during the week of October 8–14, 2026, according to the latest figures published by Bank Al-Maghrib (BAM), while the country’s official reserve assets remained above MAD 515 billion. The national......

His Majesty King Mohammed VI Chairs Council of Ministers to Review Morocco’s 2027 Budget Priorities

Protecting household purchasing power, expanding employment opportunities for young people and narrowing regional inequalities are among the central priorities of Morocco’s proposed 2027 budget, as the government seeks to combine social commitments with economic stability and greater national strategic......

Who Is Abdeljabbar Errachidi? Morocco’s New Minister Delegate for Crafts and Social Economy

His Majesty King Mohammed VI has appointed Abdeljabbar Errachidi as Minister Delegate to the Minister of Tourism, Crafts and Social Economy, with responsibility for crafts and the social economy, bringing an experienced public-sector official with a background in law, communication and regional governance......

AI boom emerges as a major force reshaping the global economy, Fed chair says

Artificial intelligence is emerging as one of the most significant forces transforming the US and global economies, according to Federal Reserve Chair Kevin Warsh. Speaking during the annual meetings of the International Monetary Fund and the World Bank in Bangkok, Warsh highlighted the technology’s......