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Economy



Shifting Global Perceptions: China's Economic Influence Viewed Through Differing Lenses

The world's perception of China's economic influence is a complex and nuanced landscape, as revealed by a recent survey conducted by the Pew Research Center. The study, which polled 44,166 people across 35 countries spanning six continents, paints a fascinating picture of how China's economic......

Empowering Africa's Agricultural Future: Morocco's Multifaceted Approach to Food Security

Morocco has emerged as a pivotal player in addressing the crucial issue of food security across the African continent. Driven by the visionary leadership of King Mohammed VI, the Kingdom's multifaceted approach combines strategic initiatives, innovative partnerships, and a deep commitment to fostering......

Moroccan Taxis Embrace Digital Transformation

Morocco has taken a significant step forward in modernizing its public transportation system, with taxi drivers across the country now equipped with innovative digital tablets that are revolutionizing the taxi experience. The company behind this transformation is Itechia, which recently launched the......

Ryanair Expands Presence in Morocco with Tangier Base Launch

Ryanair, the European low-cost carrier, has made a significant move in strengthening its foothold in Morocco by officially opening a new base in the city of Tangier. This latest development marks the airline's fourth operational base within the North African country, representing a $200 million investment......

The Transformative Tiznit-Dakhla Expressway: Catalyzing Morocco's Southern Provinces

In an era where infrastructure serves as the backbone of socio-economic development, Morocco has embarked on a transformative journey with the ambitious Tiznit-Dakhla expressway project. Launched by His Majesty King Mohammed VI to commemorate the 40th anniversary of the Green March, this monumental endeavor......

Comprehensive Analysis of the Maroc-Portugal-Spain Triangulation

The relationship between Morocco, Portugal, and Spain is a complex tapestry of history, politics, economics, and culture that has evolved over centuries. These three countries, united by their geographical proximity in the Maghreb region and the Iberian Peninsula, have forged a partnership that demonstrates......

Samsung Workers Escalate Labor Tensions with Indefinite Strike Call

In a move that could potentially disrupt the operations of one of the world's largest technology conglomerates, a union representing workers at South Korean tech giant Samsung Electronics has called on its roughly 30,000 members to embark on an indefinite strike. This escalation comes as part of......

Moroccan Oil Refinery Saga: Kingdom Refutes Billion-Dollar Claim in International Arbitration

In a significant development in the ongoing saga of Morocco's sole oil refinery, the North African kingdom has decisively rejected a substantial $2.7 billion compensation claim brought forth by Saudi entrepreneur Mohammed Al Amoudi. This rejection comes on the heels of a concluded arbitration procedure......

Morocco Unveils Stringent Measures to Curb State Vehicle Misuse

In a bold move to enhance fiscal responsibility and public accountability, the Moroccan government is poised to implement sweeping reforms in the management of state-owned vehicles. This initiative, spearheaded by a forthcoming Prime Ministerial decree, aims to address longstanding concerns over the......

Morocco's Economy Gains Momentum: Forecasts Point to 3.2% Growth in Q3 2024

In a testament to its economic resilience, Morocco is poised to witness a notable uptick in growth, with forecasts indicating a 3.2% expansion in the third quarter of 2024. This projection, an increase from the 2.9% growth recorded in the preceding quarter, underscores the nation's ongoing economic......

Morocco's Economic Landscape Shifts as Inflation Halves in Q2 2024

In a significant economic development, Morocco witnessed a dramatic reduction in inflation during the second quarter of 2024, with rates plummeting to 0.7% from 1.2% in the preceding quarter. This remarkable shift, as reported by the High Planning Commission (HCP), paints a nuanced picture of the North......

EdfaPay Ventures into Moroccan Market, Expanding Global Footprint

EdfaPay, a prominent fintech firm based in Saudi Arabia, has announced the expansion of its operations into Morocco. This move comes after the company successfully secured the necessary regulatory approvals, marking another significant step in its global growth strategy. Founded in 2021, EdfaPay has......

Morocco's Saharan Endeavors: Transforming the Desert into an Economic Powerhouse

In a comprehensive report, the Spanish news agency EFE has shed light on Morocco's ambitious efforts to transform the Sahara region into a formidable industrial hub through the implementation of large-scale projects. Among the most prominent initiatives are the Atlantic Port of Dakhla and the Tzenguiz-Dakhla......

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