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Automotive sector tops Morocco’s exports, cuts deficit

Morocco’s trade deficit contracted by 6.8% in the first six months this year, thanks to a rise in car exports and a drop in energy imports, the foreign exchange office said. Imports dropped to 358 billion dirhams, while exports rose to 221 billion dirhams leaving a deficit of 138 billion dirhams. Morocco has prepared the […]

GCC Countries, Promising Market for Morocco’s Fisheries Exports

Countries of the Gulf Cooperation Council (GCC) offer an alternative market that may reduce Morocco’s dependence on exports to Europe, the Moroccan finance ministry said in a study. The study highlights the promising prospects for fisheries exports to the GCC countries and shows the rising fisheries consumptions trends in these countries. The study notes that […]

Morocco’s labor code overhaul essential for economic transformation

Morocco’s 2004 Labor Code, once groundbreaking legislation, now constrains the nation’s economic potential in an era of digital transformation and evolving work patterns. Business leaders and policy advocates increasingly call for comprehensive reform rather than incremental amendments, positioning labor law modernization as critical for Morocco’s 2030 World Cup preparations and broader development goals. The current […]