Morocco's aviation sector is propelling the nation to new heights, solidifying its position as a key player in Africa's aerospace resurgence. In a strategic maneuver, the national carrier Royal Air Maroc (RAM) and French aeronautic giant Safran have signed a memorandum of understanding, strengthening......

In a strategic move aimed at streamlining operations and intensifying its focus on Moroccan assets, SDX Energy, a London-listed energy company, has signed a binding agreement to divest its West Gharib interests in Egypt for $6.6 million. This transaction marks a pivotal moment in the company's pursuit......

During a ministerial roundtable organized by the World Bank Group in Washington, D.C., Minister of Economy and Finance Nadia Fettah highlighted Morocco's robust reform agenda under the leadership of His Majesty King Mohammed VI. Nadia Fettah emphasized, "Our country is committed to a solid......

In an inaugural ceremony presided over by Ms. Ghita Mezzour, Minister of Digital Transition and Administrative Reform, SOGETREL, the independent French company specializing in digital infrastructure services, has unveiled its new Moroccan subsidiary, Genius Services. Speaking alongside H.E. Mr. Christophe......

In a groundbreaking development, Groupe Atlantique, a renowned multidisciplinary institution recognized for its educational excellence, has forged a strategic partnership with CDG Invest, Morocco's state-owned investment fund. This alliance, announced on April 15, aims to elevate the standards of......

In an impressive demonstration of resilience, the port of Dakhla experienced a remarkable 46% surge in coastal and small-scale fishing landings during the first quarter of 2024, as reported by the National Fisheries Office (ONP). This surge amounted to an astounding 22,918 tonnes, significantly surpassing......

A groundbreaking report jointly conducted by the World Bank and Morocco's Bank Al-Maghrib has sounded a stark warning about the vulnerable state of the nation's banking sector amidst the escalating risks of climate change. This pioneering analysis for the African continent sheds light on the......

In a groundbreaking report, the Royal Institute for Strategic Studies (IRES) has illuminated the path for Morocco to solidify its position as a global industrial powerhouse. The 119-page opus, drawing from international benchmarking, expert consultations, and field observations, serves as a clarion call......

In a momentous stride set to elevate Morocco's aerospace industry, Kansas Modification Center, LLC (KMC), Stratos Industries, and Integrated Aerospace Alliance, LLC (IAA) have unveiled a strategic collaboration focused on the conversion of Boeing 777-300ERs into freighters (P2F). This ambitious venture,......

The automotive sector currently represents 1% of Morocco's stock market capitalization, with ambitions to double or triple this contribution in the short term. This key sector of the national industry is poised to enter a new phase of development with the support of the stock market and the financial......

In an era marked by the concentration of wealth among a select few, Morocco has emerged as a burgeoning powerhouse, affirming its place among the "Big 5" wealthiest countries on the African continent. A recent report from the prestigious consultancy firm Henley and Partners (H&P) unveils......

The evolving collaboration between Morocco and Spain continues to spawn innovative ventures, with the Gibraltar Tunnel project emerging as a strategic focal point for both nations. This ambitious cross-border initiative, as per Spanish media reports, is set to be exclusively rail-based, poised to play......

In a bid to fortify the burgeoning economic relationship between Morocco and Spain, Moroccan officials recently unveiled the business potential of the country's southern regions, notably the Dakhla Oued-Eddahab area, to a delegation of Spanish investors. Organized by the Madrid Chamber of Commerce......