Breaking 16:00 Morocco’s ADM reports 20 percent revenue rise, expands highways for 2030 World Cup 16:00 Glovo shuts down all seven dark stores in Morocco 15:50 Ethiopia’s multibillion dollar Bishoftu hub aims to reshape African aviation 15:40 Nigeria’s non oil exports hit record as diversification gains pace 15:30 Turkey condemns arrest of two journalists in Tel Aviv 15:20 Morocco links new digital law to its push for global AI governance 15:15 France pays €79 million compensation to Atosca after A69 highway delay 15:05 Morocco automotive exports jump 19% to MAD 12 billion in January 15:00 Shell sees significant growth potential for Brazil's oil Amid Middle East tensions 14:56 Israeli-US strikes target Iran's Supreme Leader selection body 14:40 SGTM revenue jumps to $1.52 billion as order book doubles 14:34 Emmanuel Macron to address French citizens amid Middle East tensions 14:30 Italy summons Iranian ambassador after drone strike on Cyprus 14:20 Morocco industry slows as sales decline in January survey 14:15 Poland seeks greater autonomy in nuclear deterrence strategy 14:10 Researchers revive centuries-old physics to build durable sodium batteries 13:57 Saudi Aramco seeks to reroute crude exports away from the Strait of Hormuz amid rising tensions 13:43 Asian nations rush to evacuate citizens and safeguard oil supplies amid Middle East conflict 13:35 Cornell imaging method reveals atomic scale defects in semiconductor chips 13:31 Russia’s security service says it foiled alleged attack on defense executive 13:21 Middle East war escalates as Iran, Israel and US exchange strikes 13:18 Iran’s mass drone and missile strikes rattle Gulf security 13:13 Love Brand | Royale Marocaine d’Assurances among consumers’ favorite brands 13:05 US and Israel intensify air campaign in Iran as conflict enters fourth day 13:03 Love Brand | Benalluch Ihssane among the favorite influencers of 2025 13:00 Ukraine receives first $1.5 billion tranche under new IMF program 12:47 Lebanese media union condemns strikes on Al-Manar and Al-Nour as Hezbollah vows to continue broadcasting 12:45 Byd’s denza z9 gt targets record electric range with new batteries and charging tech 12:26 Why mindset, not the brain, determines long term success 12:23 Iran reports 787 deaths since start of conflict, according to Red Crescent 12:02 UAE president walks through Dubai Mall during Iranian strikes 12:00 Casablanca police open investigation after threatening video circulates online 11:30 Eurozone inflation edges up to 1.9 percent as Iran conflict fuels energy shock 11:10 Eurozone inflation edges up to 1.9 percent as Iran conflict fuels energy shock 10:47 Oil producers outside Middle East conflict zone gain from market shock 10:21 US bombers hit Iran after nonstop flight from South Dakota 10:00 Airline stocks sink worldwide as Middle East conflict unleashes travel turmoil 09:40 European stocks sink as Iran conflict rattles trade and energy routes 09:19 Apple keeps iPhone 17e price at $599 while doubling storage and adding magsafe 08:50 Apple opens major spring launch with iphone 17e and new ipad air 08:20 Iranians navigate hope and fear after Khamenei’s killing 07:50 Rijksmuseum confirms long lost Rembrandt after 65 years 07:20 Iran launches sweeping cyber retaliation after US-Israeli strikes 07:00 US and Iran count rising toll as Epic Fury spreads across Middle East


French Automakers Drive Growth in Morocco's Thriving Auto Industry

Morocco's automotive industry has experienced significant growth in recent decades, marked by impressive achievements in exports and job creation. Over the past ten years, double-digit average growth in both these key indicators has propelled the sector to an annual revenue exceeding 85 billion dirhams,......

Moroccan Trade Deficit Shrinks: Imports Decline, Exports Hold Steady

Morocco's trade deficit witnessed a substantial reduction during the first 11 months of 2022, decreasing by 21.5 billion Moroccan dirhams (DH) compared to the same period last year, according to the country's Foreign Exchange Office. In the midst of global economic challenges, exports demonstrated......

Moroccan Business Outlook: Over 30% Anticipate Growth in Upcoming Quarter

In a glimpse into the Moroccan market's future, a recent survey conducted by Bank Al-Maghrib, the country's central bank, reveals that more than one-third of business owners (34%) are optimistic about improved market conditions in the next three months. This survey, conducted in November, provides......

Empowering Agricultural Cooperatives: Wider VAT Exemption Enriches Service Offerings

In a pivotal stride toward fortifying Morocco's agricultural cooperative landscape, the 2024 Finance Law heralds an extended VAT exemption designed to invigorate the sector. This progressive measure not only seeks to slash operational costs but also aims to propel the competitiveness and expansion......

Moroccan Diaspora Remittances Exceed $10.65 Billion in November, Bolstering Economic Resilience

In a promising development for Morocco's economy, new data from the Exchange Office reveals that remittances from the Moroccan diaspora have reached an impressive MAD 105.4 billion, equivalent to $10.65 billion as of November. This figure represents a notable 4.4% increase compared to the same period......

Surge in Treasury Uptake Signals Robust Financial Activity in the Primary Market

In a recent report titled "Fixed Income Weekly" by BMCE Capital Global Research (BKGR), the primary market has experienced a significant surge in treasury uptake, totaling an impressive 7.2 billion dirhams (MMDH) from December 22nd to 28th. During the final auction session of the year, the......

Sofac Bolsters Capital through DH 210 Million Share Issuance

In a momentous development, Sofac has officially declared a substantial increase in its social capital, soaring from DH 193.2 million to DH 210.45 million. This remarkable growth, totaling DH 17.25 million, was accomplished through the issuance of 172,500 new ordinary shares, each carrying a nominal......

Morocco's GDP Displays Robust Growth in the Third Quarter of 2023

In the third quarter of 2023, Morocco's national economic growth experienced a significant upswing, reaching 2.8% compared to the 1.7% recorded during the same period in 2022, as reported by the High Commission for Planning (HCP). This positive development is attributed to a 2.7% increase in non-agricultural......

AMMC Documents Update to Attijariwafa Bank's Certificate of Deposit Program

In a significant development, the Moroccan Capital Market Authority (AMMC) has officially recorded the latest update to Attijariwafa Bank's certificate of deposit (CD) issuance program. This momentous event, documented on December 28, 2023, under the reference EN/EM/038/2023, encompasses several......

Egyptian Delegation Explores Moroccan Prowess in Economic Data Compilation

In a noteworthy diplomatic exchange, Morocco's High Planning Commission (HCP) recently welcomed a distinguished delegation from Egypt to Rabat. This rendezvous was not just a customary visit; it was a strategic exploration of Morocco's expertise in the meticulous compilation of national economic......

Morocco Secures €100 Million Deal with European Investment Bank to Propel Decade-Long Forestry Strategy

Morocco and the European Investment Bank (EIB) have forged a historic alliance, formalizing a financial partnership valued at 100 million euros to bolster Morocco's ambitious Forests of Morocco 2020-2030 strategy. The signing of this agreement, attended by esteemed delegates including Fouzi Lekjaa,......

Ensuring Secure Supply: RADEEMA's $3 Billion Investment in Marrakesh's Water and Electricity Infrastructure

The autonomous water and electricity distribution company of Marrakesh, RADEEMA, has unveiled ambitious plans to invest nearly $3 billion over the next five years in fortifying the city's water and power systems. This extensive infrastructure project is geared towards ensuring a reliable supply of......

Exceptional Performances Elevate Moroccan Craftsmanship to New Heights

In a remarkable achievement, the Moroccan craft sector continues its outstanding performance, reaching a staggering 984 million dirhams by the end of November 2023, marking a notable 7% increase from the previous year. Minister of Tourism, Craftsmanship, and Social and Solidarity Economy, Fatim-Zahra......

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