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Morocco's Social Programs Show Mixed Progress: Housing Aid Reaches 33,000 Families While Healthcare Reimbursements Improve

  Morocco's ambitious social welfare initiatives demonstrated notable progress in late 2024, with the government's direct housing support program benefiting over 33,000 families while healthcare reimbursement processing times continued to improve. Minister of Economy and Finance Nadia......

Honorando la Excelencia: El Jurado de la 18ª Edición del Trophée Maroc Equestre

The 18th edition of the prestigious Trophée Maroc Equestre is gearing up for another exciting celebration of Morocco’s equestrian prowess. This year, the ceremony promises to be a remarkable event, as it shines a spotlight on the nation’s top equestrians from various disciplines. The......

Morocco Allocates 18,000 Hectares for 2024 Development Projects

Morocco has designated approximately 18,000 hectares of public land for investment initiatives in 2024. The projects aim to bolster sectors critical to the nation’s growth, including renewable energy, tourism, and housing. Nadia Fettah, Minister of Economy and Finance, addressed the House of Councillors......

Morocco and UAE Launch $25 Billion Green Hydrogen Venture in Dakhla

A groundbreaking joint venture between Morocco and the United Arab Emirates is set to revolutionize the renewable energy landscape, with a massive $25 billion investment in green hydrogen and ammonia production in Dakhla, southern Morocco. Strategic Investment Overview The renewable energy company......

AFIS 2024: Morocco Hosts Summit Shaping Africa's Financial Future

Leaders gather in Morocco's economic capital to discuss investment, digital tools, and a united African financial market. Morocco is hosting the Africa Financial Summit (AFIS) for the first time in Casablanca. The two-day event, which began today and will run through tomorrow, brings together over......

Moroccan Finance Ministry Pushes for Tobacco Price Increases Amid Stagnant Tax Revenues

Morocco’s Ministry of Economy and Finance is exerting pressure on tobacco companies to raise cigarette prices following disappointing revenue collections from the Domestic Consumption Tax (TIC) on manufactured tobacco. Sources within the ministry indicate that these tax revenues have fallen below......

Morocco’s Parliament Approves the 2025 Finance Bill in Second Reading

Morocco’s Parliament has approved the 2025 Finance Bill (PLF 2025) during its second reading. The bill secured 178 votes in favor, with 57 against and no abstentions. Several amendments were introduced and favorably received by the government, reflecting its commitment to economic and social reform. Key......

Morocco and AfDB Strengthen Partnership for Sustainable Growth

Morocco and the African Development Bank (AfDB) are further solidifying their economic collaboration through strategic investments targeting infrastructure, agriculture, and large-scale projects related to the 2030 World Cup. This strengthened partnership was highlighted during a meeting in Rabat between......

EU Commissioner Visits Morocco, Pledges Support for Earthquake Recovery

European Commissioner for Neighborhood and Enlargement, Oliver Varhelyi, arrived in Morocco on Monday for a pivotal visit aimed at strengthening bilateral ties and advancing key development initiatives. Varhelyi’s mission is underscored by a €190 million funding agreement signed with Morocco’s......