Economy
In anticipation of the upcoming 2030 FIFA World Cup, Radisson Hotel Group, a global hospitality leader, is strategically expanding its presence in Morocco. With a vision to establish a robust foothold in the North African nation, the renowned hotel chain aims to introduce 25 new properties by the commencement......
In Morocco, recent findings from the High Commission of Planning (HCP) reveal a stark reality: women face a staggering 73% probability of remaining inactive in the labor market, in stark contrast to the mere 7.5% likelihood for men. This alarming gender disparity sheds light on the deeply entrenched......
Morocco's ambitious venture into concentrated solar power (CSP) suffered a significant setback with the shutdown of the Noor III plant in Ouarzazate, following a substantial leak in its molten salt storage tank. The $3.9 billion facility, boasting the world's tallest solar power tower at 243......
The holy month of Ramadan marks a period of intensified media engagement, notably in food consumption and lifestyle shifts. Advertising investments across various sectors undergo significant fluctuations during this time, reflecting dynamic market trends. Key indicators of advertising investments during......
A recent study published by scientific publishing "Springer Nature" delivers a sobering message, signaling an imminent surge in food prices fueled by the escalating global warming crisis. Conducted by a team of experts, the research paints a grim future, particularly for nations in the southern......
With the countdown to the 2030 FIFA World Cup underway, Morocco's excitement is palpable, and for good reason. A recent report by Valoris Securities, a prominent financial analysis and brokerage firm in the Moroccan stock market, has unveiled a significant opportunity for economic growth. Hosting......
Morocco is taking significant steps to fortify its economic resilience and sustainable growth trajectory by deepening its strategic ties with the International Monetary Fund (IMF). A recent meeting between Morocco's Ambassador to the United States, Youssef Amrani, and IMF Managing Director Kristalina......
In a resounding call to action, China's Ambassador to Morocco, Li Changlin, has urged Chinese companies to expand their investments in the North African nation, particularly in the burgeoning sectors of renewable energy and automotive manufacturing. Addressing a roundtable organized by the Institute......
In a bold departure from its European stronghold, Ryanair, the titan of low-cost aviation, is embarking on a daring expansion into the Moroccan market, heralding a transformative shift in the nation's aviation dynamics. Under the stewardship of CEO Michael O'Leary, the Irish carrier has clinched......
Morocco is emerging as a key player in the global energy landscape, spotlighting its onshore and offshore sedimentary basins as prime territories for exploration. The National Office of Hydrocarbons and Mines (ONHYM) is set to shine at this year's Invest in African Energy (IAE) forum, securing a......
In a groundbreaking move that solidifies its position at the forefront of digital banking, Morocco's CIH Bank has forged an innovative partnership with Google. This strategic alliance paves the way for the highly anticipated launch of Google Pay, a cutting-edge contactless payment solution, in the......
The $25 billion Nigeria-Morocco Gas Pipeline (NMGP) project is on the brink of a significant milestone, as the final investment decision (FID) is expected by the end of 2024, announced Mele Kyari, Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL). Kyari made this......
Morocco is currently facing an alarming surge in unemployment rates among university graduates, reaching its highest level in over 18 years. According to recent data from the country's Higher Commission of Planning (HCP), the unemployment rate for degree holders has soared to a concerning 25.9% in......
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