MOROCCO-INDUSTRY-SAHARA-OCP-PHOSPHATE

Algeria’s Trade Deficit Widens as Low Oil Prices Continue

The drop in oil prices has taken a heavy toll on Algeria’s budget revenues with the trade deficit expanding to 15.8 billion dollars as of October compared to 13.7 billion dollars the same period last year. By the end of October, Algeria’s export revenues slipped by 23.44% standing at 22.7 billion dollars propelling the government […]

Morocco Raises 2026 Growth Forecast to 5.3%, Eyes 3% Deficit Target

Morocco’s Minister of Economy and Finance, Nadia Fettah, presented parliament with an update on the execution of the 2026 budget law and the government’s fiscal roadmap for 2027-2029, built around three themes: the economic outlook, the state of public finances at mid-year, and budget priorities for the next three years. The government now expects growth […]

Royal Air Maroc launches direct Casablanca-Munich route

Moroccan carrier Royal Air Maroc (RAM) inaugurated on Monday a new direct flight connecting Casablanca to Munich, marking a significant step in strengthening air connectivity between Morocco and Germany. The new route, to be serviced twice a week on Mondays and Fridays, serves as a strategic bridge between Morocco and Germany, aimed at boosting economic, […]