Economy
In a bold step towards fostering local talent and drawing international investment, Morocco recently hosted its inaugural Moroccan Gaming Expo, signaling its aspirations to lead Africa's growing gaming industry. Organized by the Ministry of Youth, Culture, and Communication, the three-day event......
In a significant step toward bolstering Morocco's higher education sector, the African Development Bank (AfDB) Group's Board of Directors has approved a staggering €120 million financing package. This financial injection will fuel the ambitious "Support Program for the Transformation......
Morocco's commitment to sustainable energy solutions is evident in the remarkable surge of 5.7% witnessed in the nation's electricity production during the first quarter of 2024, as reported by the Directorate of Studies and Financial Forecasts (DEPF). This growth contrasts sharply with the 2.6%......
Chariot Oil & Gas, a UK-based energy explorer, has achieved a significant breakthrough with the discovery of substantial natural gas reserves in the Dartois field, situated in northern Morocco. The company's assessment indicates an impressive 12 billion cubic feet (Bcf) of gas reserves, marking......
Alonso Group, a prominent player in the Spanish logistics sector, is embarking on a new venture, extending its influence into the burgeoning Moroccan market. With the establishment of Alonso Forwarding Morocco, the company is strategically positioning itself to capitalize on opportunities in North Africa,......
Amidst the controversy surrounding the surge in beverage prices at cafes, the Competition Council has taken a decisive step by convening a listening session yesterday, Thursday, at the council's headquarters. Representatives of professionals affiliated with the National Federation of Cafe and Restaurant......
In a remarkable testament to the burgeoning recycling industry, the European Union (EU) nations have set a new record for exporting recyclable materials, including waste and scrap metal, to Morocco. Recent data from Eurostat shows that in 2023, EU countries shipped approximately 890,000 tonnes of these......
In a stride towards ensuring accessible housing for its citizens, Morocco's Direct Housing Aid Program has emerged as a beacon of hope, unlocking doors to homeownership for thousands across the nation. According to Mustapha Baitas, the Minister Delegate in Charge of Relations with Parliament and......
In a resounding affirmation of Morocco's burgeoning aerospace prowess, Canadian aerospace firm Shimco celebrated its forthcoming expansion into the North African nation's integrated industrial platform of Midparc near Casablanca. The event, a symbolic milestone in Shimco's global growth trajectory,......
Morocco's aerospace sector has been ascending to new heights, fueled by strategic government initiatives, robust infrastructure development, and coveted global partnerships. The nation's commitment to nurturing a skilled workforce and fostering an accommodating business environment has positioned......
In a testament to the evolving dynamics between France and Morocco, recent data highlights Morocco's ascendance as the primary source country for French visa applications in 2023. Figures from Schengen Visa Statistics, disclosed to Morocco World News, reveal a notable milestone: Moroccan citizens......
In a significant move against anti-competitive behavior, the European Union (EU) has imposed a hefty fine of €337.5 million (approximately $367 million) on Mondelez International, the American food and beverage giant responsible for renowned brands like Lu, Oreo, Milka, and Toblerone. The penalty......
In a remarkable feat, the iconic cheese brand "La Vache qui Rit" (The Laughing Cow) has once again been crowned with the prestigious "Elected Product of the Year 2024" label in the Triangular Cheese category. This coveted recognition marks the third consecutive year that the heritage......
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