Keywords: Moroccan economy


Rising Poultry Prices in Morocco: Competition Authority Investigates Market Practices

The Moroccan Competition Council has launched an official investigation into pricing and trading practices in the poultry feed sector and related markets. This move follows growing public discontent over escalating poultry prices, which have reached MAD 30 (USD 3) per kilogram—triple the price......

Morocco Imposes Tariffs on Egyptian Canned Tomatoes to Protect Local Producers

Morocco has introduced temporary anti-dumping tariffs on canned tomato imports from Egypt following an investigation by the Ministry of Trade and Industry. This move responds to a complaint from the National Federation of Food Industries, highlighting concerns about unfair trade practices affecting the......

BANK OF AFRICA Revolutionizes the Ecosystem with Its Collaborative Supply Chain Finance Platform

BANK OF AFRICA has solidified its reputation as an innovation leader with the launch of the first fully digital and collaborative platform dedicated to Supply Chain Finance (SCF) in Morocco. This groundbreaking solution is accessible to both buyers and suppliers, transforming financial flow management......

Fayda’s Expertise Key to ONMT’s Success in Boosting Morocco’s Tourism Industry

Morocco’s Tourism Minister Fatim Zahra Ammor has lauded Achraf Fayda, the newly appointed General Director of Morocco’s National Office of Tourism (ONMT), as a key figure in the country's ongoing efforts to enhance its tourism sector. At Fayda’s official appointment ceremony in......

EU Banking Reforms Spark Concern for Vital Moroccan Remittances

The European Union's latest banking regulations, initially designed to address post-Brexit financial concerns, have inadvertently raised alarms in Morocco. These new rules threaten to disrupt a crucial economic lifeline for the North African nation – remittances from its diaspora in Europe. In......

Saham Group's Strategic Move: Acquiring Société Générale Maroc

In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......

Morocco's Economic Landscape: Southern Regions Lead in GDP Per Capita, Highlighting National Disparities

Morocco's economic landscape reveals significant regional variations, with five regions surpassing the national average GDP per capita of 36,284 Moroccan dirhams (MAD) in 2022, according to a recent report from the High Commission for Planning (HCP). The southern region of Dakhla-Oued Eddahab stands......

Moroccan Gas Price Increase Sparks Public Outcry Amid Subsidy Cuts

A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......

Morocco's Economy Demonstrates Fortitude Amid Global Headwinds

Morocco's economic landscape in 2023 painted a picture of resilience and adaptability, as the nation navigated through a complex web of global and domestic challenges. The World Bank's latest report sheds light on the country's economic performance, revealing a commendable 3.4% increase in......