Morocco’s trade deficit widens 15.5% despite strong tourism and investment growth

Morocco’s trade deficit reached 225.29 billion dirhams through August 2025, increasing 15.5% compared to the corresponding 2024 period, according to Foreign Exchange Office data. This widening gap results from import growth outpacing export expansion despite positive performance in other economic sectors. Imports surged 8.4% to 533.42 billion dirhams while exports grew more moderately at 3.8%, […]

Italy’s ENI to Stand Trial in Algerian Corruption Case

An Italian judge ordered Italian oil major Eni, oil services group Saipem and former Eni CEO Paolo Scaroni to stand trial  in a long-running case of alleged bribery in Algeria “In relation to court proceeding for the alleged bribery case relating to Saipem’s activities in Algeria, Eni acknowledges that the new GUP (judge for the […]

Morocco, UK sign deal to maintain post-Brexit trade flow

Morocco and the UK signed an association agreement that would ensure the continuity of the current trade terms under the EU-Morocco free trade agreement without additional tariff barriers. This agreement, also called continuity agreement, was signed in London Saturday by Morocco’s foreign minister Nasser Bourita and UK Minister of State for the Middle East and […]