The Moroccan government has received over 41,000 requests for financial assistance to buy homes since launching its housing support program on January 1st, spokesperson Mustapha Baitas announced today. Speaking at a press conference after the weekly Government Council meeting, Baitas revealed......
In the latest monthly business trend survey by Bank Al-Maghrib (BAM), Morocco's manufacturing sector showcased significant improvements in December 2023. The survey reveals a notable surge in production across most industries, with only the "mechanical and metallurgy" sector experiencing......
Morocco's leading telecommunications company, Maroc Telecom, is set to appeal a significant $636 million antitrust ruling issued on Monday. The ruling mandates compensation to its competitor, Inwi, owned by Wana Corporate, according to multiple sources. The Rabat Commercial Court has directed Maroc......
In a significant move to enhance Casablanca's urban mobility, the bustling economic hub of Morocco is set to receive a cutting-edge fleet of trams, courtesy of the renowned French rail giant Alstom. The €150 million contract, secured through its Spanish subsidiary, underscores Alstom's commitment......
Tanger, Morocco is set to host the 11th edition of the Serious Game RSE Workshop on February 8th, illuminating the realm of corporate social responsibility (CSR) through interactive games. Organized by the 2024 graduating class of the eco-energy and industrial environmental engineering program at the......
Moroccan business tycoon Rita Maria Zniber has been honored with the highly esteemed European Women's International Leadership Award (EWILA) for her outstanding contributions in shattering gender barriers. The award ceremony took place in Brussels on Monday, recognizing Rita Maria Zniber alongside......
In a significant stride toward a more sustainable future, the Kingdom of Morocco unveiled a groundbreaking initiative this week—the Green Growth & Jobs Accelerator Project (GGJAP). This ambitious project, spearheaded by the United Nations Development Programme (UNDP) and supported by the Danish......
China's Aeolon is making waves in Morocco's renewable energy sector with its groundbreaking €220.8 million investment in a wind turbine blade factory. This move signals a significant vote of confidence in Morocco's potential to lead sustainable power production across Europe, Africa,......
Moroccan Minister of Economy and Finance, Nadia Fettah, held a pivotal meeting on Monday with a high-ranking official from the International Finance Corporation (IFC), emphasizing the importance of bolstering cooperation to support Moroccan companies and propel economic development in the Kingdom. Welcoming......
Veolia Environnement, a prominent French utility company renowned for its expertise in water and waste management, is currently grappling with a significant fine of $10 million (100 million dirhams) imposed by the Competition Council. This body, an integral part of the Moroccan Competition Authority,......
Italy's keen interest in collaborative renewable energy initiatives with Morocco was highlighted by Aziz Akhannouch, the Head of the Moroccan Government, during a press conference in Rome following the "Italy-Africa: A Bridge for Common Growth" summit. The Italian government expressed eagerness......
Prime Minister Aziz Akhannouch proudly asserts Morocco's pioneering role in renewable energy and strategic partnerships. Addressing the Italy-Africa Summit on Monday, Akhannouch underscored Morocco's prowess in solar and wind power. The North African nation embarked on its renewable energy strategy......
Visa, a global leader in digital payments, recently organized the inaugural Fintech Day in Morocco, in collaboration with the Digital Development Agency, Technopark, and the Interbank Monetary Centre. The event brought together key players from Morocco's thriving fintech ecosystem to deliberate......
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