Economy
The Moroccan Government Council recently reviewed two pivotal cooperation agreements signed with Saudi Arabia, signifying a significant advancement in judicial collaboration between the two nations. Signed on November 13, 2024, in Riyadh, these agreements were presented by Morocco’s Minister of......
Morocco has unveiled a bold plan to more than double its power generation capacity by 2030, aligning energy goals with its upcoming role as co-host of the FIFA World Cup. The move signals a strategic pivot toward renewables as the country targets energy independence and sustainability. Energy Transition......
Nigerian President Bola Tinubu has prioritized the $25 billion Nigeria-Morocco gas pipeline as a cornerstone of his administration's initiatives. Senator Jimoh Ibrahim announced this commitment during an executive session of the African Parliament Union held in Casablanca. The ambitious infrastructure......
Casablanca prepares to host Korea's first-ever job fair in Morocco. The event, set for May 25, promises to bridge local talent with Korean enterprises, enhancing bilateral relations. The Korean Embassy in Morocco has announced that the job fair will take place at the Hyatt Regency Hotel from 2:00......
As France continues to impede energy links from the Iberian Peninsula, Portugal is exploring the possibility of establishing an electrical interconnection with Morocco. This strategic consideration follows Spain's existing connection with the North African nation and arises in response to a recent......
Construction of Africa’s inaugural gigafactory is poised to commence within days in Kenitra. Gotion Power Morocco has completed the preparatory groundwork for this monumental battery manufacturing facility. The Sino-European electric vehicle battery powerhouse signed a significant investment agreement......
The motorhome sector in Spain has experienced significant growth since the Covid-19 pandemic, leading to increased overcrowding and a struggle for space in both campsites and urban areas. In 2024, registrations of motorhomes and campervans surged to 6,459 units, reflecting a 22.1 percent increase from......
A coalition of 15 consumer rights organizations from across Europe has urged the European Commission to initiate an investigation into what they describe as unfair baggage charges imposed by budget airlines, including Ryanair and easyJet. This call comes in the wake of Spain's recent fines against......
British motorists returning from Europe may soon face a renewed risk of fines for traffic violations, following the recent reset deal between the European Union and the United Kingdom. This agreement signals a significant shift in the enforcement of driving regulations that have been largely unenforced......
Swedish bearing and seal manufacturing company SKF has inaugurated a new factory in the northern Moroccan city of Tangier, marking a significant expansion in its global operations. This facility is designed to meet the rising demand for magnetic bearings and components for high-speed electronic motors. Initially......
Platts, a member of S&P Global Commodity Insights, has announced significant modifications to its free on board (FOB) Morocco phosphate rock pricing assessment methodology, set to take effect on July 3. This initiative aims to better align with the existing structure of Morocco's phosphate market,......
Foreign investments in Morocco skyrocketed during the first quarter of 2025, continuing the strong performance the country has experienced over the past few years. According to Karim Zidan, Morocco’s Minister Delegate for Investment, the first three months of 2025 showcased remarkable growth in......
French newspaper “Le Dauphiné libéré” has hailed Morocco as “the new Eldorado” for automotive manufacturers, highlighting the country's burgeoning automotive sector as a vital pillar of its economy and the leading export industry. Morocco has successfully......
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