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Economy
In the midst of widespread economic turmoil across the region, Morocco shines as a beacon of relative stability, as revealed by the highly anticipated Hanke's Annual Misery Index (HAMI) for 2023. This globally renowned index, meticulously curated by esteemed economist Steve H. Hanke, offers a comprehensive......
In Morocco's arid landscapes, the National Agency for the Development of Oasis Zones and Argan Trees (ANDZOA) emerges as a pivotal force for sustainable development and economic empowerment. Under the visionary leadership of Minister Mohammed Sadiki, ANDZOA has orchestrated remarkable progress, resulting......
Morocco is strategically aligning itself with Germany, Europe's economic powerhouse, to propel its renewable energy aspirations forward. With an eye toward a greener future, the North African kingdom is pursuing a "privileged partnership" with Berlin, promising mutual benefits and a sustainable......
Europe's pursuit of clean energy solutions has taken a fascinating turn with Xlinks, a British company, revealing an unexpected twist to its original plans. In addition to its groundbreaking £16 billion project to export renewable energy from Morocco, the company is now considering supplying......
In a significant move poised to bolster Morocco's industrial landscape, German industrial leader Böllhoff, renowned for its expertise in fastening technologies and assembly and logistics solutions, has sealed a partnership agreement to establish operations within Morocco's integrated industrial......
Moroccan institutions, the Caisse de Dépôt et de Gestion (CDG) and the National Office of Railways (ONCF), have cemented a strategic alliance aimed at propelling the nation's economic development through sustainable initiatives. Directors Khalid Safir and Mohamed Rabie Khlie have formalized......
At the heart of Morocco's economic dynamism, a landmark event in Casablanca captured the attention of decision-makers. Citibank Maghreb and Mastercard, two heavyweights in the financial sector, have revealed a promising partnership aimed at propelling corporate expense management into the digital......
In a bold move to establish itself as a frontrunner in the burgeoning green hydrogen industry, the Moroccan government has launched an ambitious initiative known as "The Moroccan Offer." This comprehensive plan aims to entice investments from both national and international companies looking......
In a decisive move towards sustainable energy solutions, Innovx, a pioneering company affiliated with Morocco's prestigious Mohammed VI Polytechnic University (UM6P), has introduced an ambitious venture Hydrojeel. This newly established subsidiary is poised to propel Innovx to the forefront of the......
In the digital era where convenience is paramount, the Moroccan banking sector experienced a notable transformation in 2023. According to a report by Bank Al-Maghrib, the nation's central bank, 145 bank branches ceased their physical operations, while only 42 new branches emerged, resulting in a......
In a bold move aimed at enhancing travel opportunities and strengthening ties between Morocco and Europe, Air Arabia Maroc has introduced an exciting new air route linking the northern Moroccan city of Tetouan to the dynamic Dutch capital, Amsterdam. This strategic expansion of the airline's ever-growing......
Bitcoin, the world's leading cryptocurrency, soared to unprecedented heights on Monday, eclipsing the $72,000 milestone in a remarkable surge fueled by growing institutional support and an impending supply squeeze. This surge, which propelled Bitcoin to an all-time high of $72,717, continued its......
In response to an acute labor shortage, Spain's road transport industry is embarking on a groundbreaking initiative to recruit up to 26,000 professional truck drivers from Morocco. This shift in recruitment strategy signifies a departure from the sector's traditional reliance on seasonal Moroccan......
