Apple exceeded market expectations in the first quarter, buoyed by a rebound in iPhone sales. However, the company warned that newly imposed tariffs by Donald Trump could significantly increase costs in the coming months. CEO Tim Cook indicated during the earnings call that tariffs could cost Apple up......
The desalination station in Dakhla represents a transformative initiative that merges technological innovation, environmental sustainability, and socio-economic inclusion to foster integrated and sustainable agriculture. This was emphasized on Friday by the Minister of Agriculture, Maritime Fisheries,......
The Moroccan government grapples with the significant financial burden of subsidizing butane gas, as highlighted by Fouzi Lekjaa, the Minister Delegate in charge of the Budget. Annually, the country allocates over MAD 15 billion to support this essential household fuel, with the average subsidy for each......
In a wide-ranging interview, the Chief Executive Officer of UK Export Finance (UKEF), Tim Reid, emphasized Morocco's significance as a strategic entry point to African markets. During his recent visit to the kingdom, Reid engaged with government officials and private sector representatives to explore......
Officials have inaugurated the "Casablanca Tech Valley," a strategic technology hub set to emerge in Sidi Othmane. This initiative marks a significant step in transforming the region into a prominent center for technology and innovation. A partnership agreement was formalized between the city......
Recent statistics reveal that Morocco's tomato exports to Norway have reached a remarkable milestone, with 5,000 metric tons shipped from July 2024 to March 2025. This figure marks a significant 37.9% increase compared to the same timeframe last season, according to data from EastFruit. The total......
Morocco is stepping up its efforts to deepen trade relations with Egypt. From May 3 to 5, a high-level Moroccan economic delegation, comprising both institutional representatives and private sector leaders, is on an official visit to Cairo. The aim is to boost bilateral relations and enhance commercial......
Morocco's trade deficit has surged dramatically in the first quarter of 2025, reaching MAD 71.63 billion ($7.1 billion), marking a 16.9% increase compared to the same period last year. This troubling statistic, released by the Office des Changes, underscores a significant imbalance in the country's......
British mining company Emmerson Plc has taken a significant legal step by filing a formal request for arbitration on May 1 before the International Center for Settlement of Investment Disputes (ICSID). The firm alleges that Morocco has unlawfully expropriated its potash project located in Khemisset. Valued......
Morocco's Minister of Transport and Logistics, Abdessamad Kayouh, has recently unveiled a comprehensive reform plan aimed at modernizing the nation’s transport sector. This initiative is centered on improving public safety, upgrading infrastructure, and enhancing service quality across diverse......
The Moroccan government has unveiled a bold new initiative aimed at improving job prospects for youth lacking formal qualifications. This groundbreaking program marks a significant shift in employment strategies, focusing on inclusion and practical support for a demographic that has often been overlooked. In......
The head of Spain's electricity operator has recently sought to alleviate fears stemming from a report warning of substantial risks of power outages associated with the country's increased reliance on renewable energy sources. On a recent Monday, Spain and Portugal experienced one of the most......
The United States has proactively approached China regarding discussions over President Donald Trump's significant 145% tariffs, according to a recent post from a social media account linked to Chinese state media. This development may indicate Beijing's willingness to consider negotiations. The......
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