Confidence in the Egyptian real estate market

Emaar Misr has announced that it will be increasing its investments showing   confidence in the Egyptian real estate market which they expect “to recover very soon in the middle to long term.” The company will be having its total investment portfolio stand at EGP 53billion during the course of the year. Presenting their investment plans, […]

Morocco: Loss-of-job indemnities exceed $200 million since 2020 amid reform delays

Morocco’s unemployment indemnities have surpassed 2 billion dirhams ($200 million) since 2020, reaching 2.085 billion dirhams through October 1, 2025, according to National Social Security Fund data. This escalating cost reflects both increasing number of beneficiaries and rising average payment amounts, highlighting growing employment precarity concerns. New beneficiaries declined slightly to 22,003 in 2021 before […]

Morocco’s GDP grew 10% in 2023- statistics agency

Morocco’s GDP grew 10% to 146 billion dollars in 2023, the high commission for planning, HCP, said in its final statistics. Financial and non-financial firms contributed by 45% to the national GDP, while public administrations contributed by 15.2%, HCP said in a recent report. Households and non-lucrative entities contributed by 29%, it said, adding that […]