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Economy


Acemoglu, Johnson, and Robinson Recognized with 2024 Nobel Prize in Economics for Institutional Insights

Daron Acemoglu, Simon Johnson, and James Robinson have been awarded the 2024 Nobel Prize in Economic Sciences for their pioneering research into the formation of institutions and their significant impact on economic prosperity. The Royal Swedish Academy of Sciences announced the honor on Monday in Stockholm,......

AmCham Gala Celebrates 20 Years of Morocco-U.S. Partnership

The annual AmCham Gala 2024 held in Casablanca highlighted the strategic partnership between Morocco and the United States. This year’s event celebrated the 20th anniversary of the Free Trade Agreement (FTA) between the two nations, showcasing their mutual commitment to enhancing economic relations. Minister......

Dubai's Wealth Magnet: The Rise of a Global Financial Hub and Its Potential Consequences

In recent years, Dubai has emerged as a beacon for the world's wealthy, attracting a significant influx of high-net-worth individuals and businesses. This surge in popularity, reminiscent of London's Chelsea district in its heyday, has positioned the emirate as a prime destination for global......

Enhancing Africa’s Energy Landscape: ECOWAS Workshop on Morocco-Nigeria Gas Pipeline

The Morocco-Nigeria gas pipeline, launched in 2016, is making significant progress toward its realization, with the goal of enhancing Africa’s energy infrastructure and fostering regional integration through the export of Nigerian gas. The Economic Community of West African States (ECOWAS) is hosting......

Royal Air Maroc Launches New Route to Toronto: A Gateway to Strengthened Africa-Canada Relations

The upcoming inauguration of Royal Air Maroc's (RAM) direct flight connecting Casablanca to Toronto is poised to significantly enhance the relationship between Africa and Canada. This new route is set to commence on December 8, operating three times a week on Wednesdays, Fridays, and Sundays using......

Morocco and EIB Sign $532 Million Deal for Al Haouz Earthquake Recovery

Morocco has secured a vital agreement with the European Investment Bank (EIB) to finance the recovery efforts for the regions affected by the Al Haouz earthquake. The Ministry of Economy and Finance, represented by Minister Delegate Fouzi Lekjaa, and EIB Vice President Ioannis Tsakiris, signed the deal......

Morocco's Digital Leap: Boosting Startups for a Tech-Driven Future

Morocco is taking significant strides to propel its digital economy forward with a new initiative aimed at nurturing startups across all stages of development. This move is part of the country's ambitious "Digital Morocco 2030" strategy, which seeks to modernize public services and stimulate......

Morocco Clinches Regional Postal Development Award for Second Consecutive Year

The Kingdom of Morocco has once again distinguished itself in the realm of postal services, securing the title of "postal development champion" in the Arab world for the second year running. This recognition comes from the Universal Postal Union's (UPU) Integrated Index for Postal Development......

Morocco's Railway System Set for Climate-Resilient Upgrade with EIB Partnership

In a significant move towards sustainable transportation, the European Investment Bank (EIB) and Morocco's Office of Railways (ONCF) have joined forces to enhance the climate resilience of Morocco's railway network. This partnership, formalized through a technical assistance agreement, aims to......

EPIK Consulting Spearheads Global Dialogue on Human Capital Evolution in Casablanca Summit

In a groundbreaking event that brought together 140 human resources leaders and general managers from diverse sectors, EPIK Consulting orchestrated a pivotal meeting on Human Capital Transformation in Casablanca. The gathering, held at the Barceló Anfa Hotel, served as a crucible for exchanging......

Morocco's Economic Resilience Showcased at IMF-World Bank Anniversary Event

Washington D.C. witnessed a celebration of the enduring partnership between Morocco and the International Monetary Fund (IMF) and World Bank Group on Wednesday evening. The event, hosted by the Moroccan Embassy, marked the first anniversary of the prestigious annual meetings held in Marrakech last year. Addressing......

African Nations Convene in Tangier to Harness Ocean's Potential for Sustainable Growth

The coastal city of Tangier, Morocco, recently played host to a groundbreaking event that brought together African nations to explore the vast potential of the ocean economy. The inaugural African Ocean Week, held in conjunction with the 3rd High-Level Ministerial Conference on the Blue Belt Initiative......

Morocco's Court of Auditors Takes Helm of Global Audit Organization JURISAI

In a significant development for international financial oversight, Morocco's Court of Auditors has been elected to lead the Secretariat of the International Organization of Supreme Audit Institutions with Jurisdictional Competence (JURISAI). This appointment, made during JURISAI's founding General......