Business Headlines International Morocco

Uber expands in Morocco’s tourism hubs

Uber is expanding its presence in Morocco, launching services in Agadir and Tangier as it deepens a comeback to the North African market after an eight-year absence, the company said. The ride-hailing platform, which resumed operations in Morocco in November 2025, has already re-established services in Casablanca, Rabat and Marrakech, and is now targeting key […]

Europe Finance Headlines Morocco

EIB Provides Morocco €365 Mln to Strengthen Road & Rail Networks for Better Connectivity

The European Investment Bank announced on Tuesday €365 million investments destined to boost Morocco’s transport sector, connectivity and economic opportunities. The new European Bank’s investments have been announced by EIB President Nadia Calviño during the working visit she is paying to the Kingdom. The EIB funding aims to strengthen the resilience and security of Morocco’s […]

Finance Headlines Morocco

Morocco’s National Savings Rate Climbs to 31.4% of GDP in Q1 2026, HCP Data Shows

Morocco’s national savings rate rose to 31.4 percent of GDP in the first quarter of 2026, up from 29.5 percent in the same period of 2025, according to the High Commission for Planning. The improvement, set out in HCP’s economic situation note for Q1 2026, reflects stronger income growth relative to consumption and represents a […]

Business Headlines Morocco Technology

Streaming Wars Hit Morocco: 92% Connected but Monetization Remains the Industry’s Elusive Prize

Morocco’s media landscape is undergoing a radical transformation, driven by the rapid expansion of streaming platforms including Netflix, YouTube, TikTok, Spotify and Shahid. According to DataReportal, the country counted 35.3 million internet users at the start of 2025, a penetration rate of 92.2 percent. The Agence nationale de réglementation des télécommunications recorded 31.5 million users […]

Americas Business Headlines Morocco

Trump Halts U.S. Duties on Moroccan Phosphate Imports to avoid Market Disruption & Cut Farmers’ Costs

U.S. President Donald Trump has issued an emergency proclamation lifting temporarily countervailing duties (CVD) on phosphate fertilizers imported from Morocco for eight months. The move will bring immediate relief to producers who rely on these critical inputs with an estimated 22% reduction in phosphate fertilizer prices, and $1.82 billion in annual savings for producers. Global […]

Americas Emerging Markets Headlines Morocco Technology

Morocco Expanding AI-Cloud Ecosystem with Opening of Second Oracle R&D Center

American technology leader Oracle, specializing in enterprise software, cloud computing, and database systems, has opened its second Research & Development center in Morocco. Located in Agadir, the new facility builds on Oracle’s R&D hub launched last year in Casablanca. The two centers support Morocco’s drive to advance world-class AI and cloud technologies to serve global […]

Business Headlines Morocco

Attijariwafa Bank and AMICA Sign Strategic Partnership for Auto Industry

Attijariwafa bank and the Moroccan Association for the Automotive Industry and Trade (AMICA) have signed a strategic partnership agreement aimed at strengthening financial and operational support for companies within the kingdom’s automotive ecosystem. The accord was formalized on the sidelines of the Industrial Automotive Competitiveness Show in Kénitra last week. The agreement was signed by […]

Asia Finance Headlines Mauritania

Mauritania and China Sign Agreement on Partial Debt Cancellation

Mauritania and China have signed a MoU in Nouakchott on 29 June for the partial cancellation of Mauritania’s debt, marking a fresh step in bilateral economic cooperation. The agreement was signed by Mauritanian Minister of Economic Affairs and Development Abdallahy Ould Souleymane Ould Cheikh Sidiya and Chinese Ambassador Tang Zhongdong. Speaking at the ceremony, the […]

Asia Emerging Markets Headlines Morocco

IMF and UM6P Urge New Growth Model for Middle East and North Africa

The Middle East and North Africa (MENA) region should treat its current wave of geopolitical, economic, and technological shocks as an opportunity to rethink growth models and accelerate structural reforms, according to Jihad Azour, director of the International Monetary Fund’s Middle East and Central Asia department. Speaking Monday in Rabat at the opening of the […]

Europe Finance Headlines Morocco

European Investment Bank Targets €700 Million Financing in Morocco during 2026

The European Investment Bank (EIB) Group plans to channel more than €700 million into Morocco during 2026, according to EIB Group President Nadia Calviño, who made the announcement during her first official visit to the kingdom since taking up the role. Calviño noted that the partnership between the EIB and Morocco has accelerated markedly in […]