Economy
Moroccan households often face a difficult dilemma when moving to a new home: selling their current property at the right price and time while securing their next purchase. In reality, selling within the desired timeframe is a major challenge, with long negotiations, canceled visits, and buyers who fail......
The United Arab Emirates is accelerating its shift toward a technology-powered future, betting heavily on artificial intelligence as it prepares for a world less dependent on oil revenues. In the desert outskirts of Abu Dhabi, construction is underway on a massive AI campus planned to become one of the......
Renault is exploring the possibility of establishing an electric vehicle production plant in Morocco, with the upcoming Nador West Med port being evaluated as a potential location. The port, slated to open in 2026, has recently been confirmed on schedule by Morocco's Minister of Equipment, Nizar......
Morocco is set to revolutionize its trade and energy sectors with the inauguration of two major deepwater ports, Nador West Med and Dakhla Atlantique, as part of its ambitious infrastructure expansion program. These projects solidify Morocco’s role as a strategic gateway connecting Africa with......
Airbus has finalized the acquisition of Spirit AeroSystems’ Casablanca facility, marking a significant step in consolidating its global supply chain. Announced on Monday, the deal highlights Airbus’s commitment to Morocco as a “key country” for expanding its aviation manufacturing......
French mobility leader Alstom has committed MAD 100 million ($10 million) to expand its industrial operations in Morocco, establishing the first global production line for multi-platform train driver desks. This strategic move strengthens Morocco's position in the global railway value chain. The......
The European Union has launched a €1.5 billion defence industry programme aimed at strengthening Europe’s military manufacturing capacity, securing supply chains, and integrating Ukraine more closely into the continent’s defence network. The European Defence Industry Programme (EDIP)......
In 2024, Moroccan households enjoyed a notable improvement in purchasing power, fueled by rising incomes and low inflation rates, as highlighted in newly released national accounts data by Morocco’s High Commission for Planning (HCP). Household disposable income surged by 6.7%, reaching MAD 1.059......
Spain is grappling with a severe shortage of professional drivers, with over 30,000 truck driver positions and 5,000 bus driver roles vacant. To tackle this escalating labor crisis, the country is looking to recruit drivers from Morocco. According to Spanish news outlet La Razon, Moroccan drivers are......
British energy company Sound Energy PLC has announced a major milestone in Morocco’s Oriental region as the Tendrara gas project begins initial commissioning. The first gas has entered the gas gathering system at the TE-5 Horst production concession, preparing for long-term production into the......
China’s trade surplus has exceeded one trillion dollars for the first time, demonstrating the country’s resilience in global commerce despite continuous tariff pressure from the United States. According to data released by the General Administration of Customs, the surplus reached 1.08 trillion......
Global asset manager BlackRock predicts that the wave of investment driving artificial intelligence infrastructure will not slow down anytime soon. The firm describes the surge as a “traditional picks and shovels capital expenditure supercycle,” signaling its belief that the real beneficiaries......
Blackchainmining investors reaped substantial rewards from a sharp Bitcoin price rally, securing close to $6,000 in profits over a single day. The platform's cloud mining model, which leverages remote servers and AI-driven operations, enabled participants to capitalize on the cryptocurrency's......
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