IMF reviews upwards Morocco’s economic growth in 2021 to 5.7 %, best performance in MENA region

The International Monetary Fund (IMF) has reviewed upwards its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 5.7 % in 2021, which is the best performance in the Middle East & North Africa Region. The IMF new outlook takes into account several factors including the resilience of Moroccan economy and the […]

Japanese companies explore investment opportunities in Morocco’s automotive sector

Japanese companies have launched a prospecting mission in the automotive sector in Morocco, the aim being to strengthen economic ties between Morocco and Japan. The prospecting mission, running from February 3 to 5, seeks to introduce participating Japanese companies to Morocco’s business environment and the various potential opportunities in the automotive sector. At a meeting […]

Fuel Prices Surge Again in Morocco as Middle East Tensions Drive Up Energy Costs

Moroccan motorists and transport operators faced a fourth fuel price increase in as many months on April 1st, as distributors raised pump prices with effect from midnight. Diesel rose by approximately 1.70 dirhams per liter, bringing it to around 14.50 dirhams, while unleaded petrol increased by 1.57 dirhams to reach approximately 15.50 dirhams. The adjustment […]