Category: Economy

Morocco’s AI 2030 roadmap aims to add MAD 100 billion to GDP, create 50,000 jobs and train 200,000 people, while Nexus plans a MAD 12 billion AI data centre project.

Morocco has set aside MAD 19.4 billion for butane, sugar and soft wheat flour subsidies in 2027, 40.9% above the initial 2026 budget, according to the Compensation Fund report.

Central bank decisions from the Fed, ECB and Bank of Japan, plus big tech earnings and US GDP data, make October 26-30 a busy week for markets, according to published previews.

Morocco’s consumer price index rose 1% in September from August, driven by meat and vegetables, while annual inflation stayed at 0.5%, the High Commission for Planning reports.

Morocco’s High Commission for Planning says tourism GDP rose 11.7% to MAD 129.7 billion in 2025, lifting the sector’s share of national output to 7.5%.

The government program points to high-speed rail from Marrakech to Agadir in the 2030-2035 cycle, but financing is unsigned and the Kenitra-Marrakech line is only about 30% built, reports say.

Dams hold more than 11.3 billion cubic metres, about 66.7% of capacity, and irrigation is set to resume in Doukkala, Haouz and Tadla, according to reports.

Morocco received 15.7 million tourists by the end of September 2026, about 717,000 more than a year earlier, the Ministry of Tourism says, with September arrivals up 8%.

The MASI index closed at 16,934.59 on October 20, about 10.1% below its 2026 starting level, while total market capitalization stood just under MAD 1 trillion, BoursNews reports.