This week, a high-level delegation from Morocco is set to arrive in the Canary Islands to engage in discussions aimed at restoring regular ferry services between the Spanish archipelago and the Moroccan port city of Tarfaya. The reestablishment of this maritime route holds the promise of fortifying economic,......

Ethiopian Cargo & Logistics Services has soared into Casablanca's airspace, marking its 35th freighter destination and strengthening its Maghreb presence. The inaugural flight, operated by a Boeing 777-200F, capable of transporting over 100 tons of cargo, signifies the carrier's commitment......

Morocco's Treasury is confidently steering the nation towards sustained financial prosperity. In a strategic move this week, the Treasury and External Finance Department (TEFD) allocated an impressive 2.32 billion Moroccan dirhams ($239 million) from cash surpluses to short-term operations. This......

In the midst of a global struggle for influence across Africa, Morocco has emerged as a key player, unveiling a groundbreaking initiative in November 2023 to catalyze economic growth in the Sahel region. Under the visionary leadership of His Majesty King Mohammed VI, this ambitious plan seeks to establish......

Morocco's Tanger Med Port is set to undergo a substantial $714 million expansion, bolstered by funding from the World Bank, as it targets growth and enhanced global competitiveness. The state-owned Tanger Med Port Authority aims to extend capacity, modernize facilities, and solidify its position......

In the wake of the UK's endeavor to broaden its trade alliances beyond the EU, Morocco and Egypt have stood out as significant beneficiaries, particularly in terms of increased British imports. A recent analysis by the Daily Express reveals a remarkable surge of over 200% in imports of fruits and......

Spanish energy leader Iberdrola is amplifying its commitment to renewable energy with a strategic move into Morocco. The company unveiled its latest initiative this week, securing a substantial €300 million loan from the International Finance Corporation (IFC) to accelerate its global transition......

Morocco boasts the third-highest minimum wage among major EU garment suppliers, presenting both opportunities and challenges for the country's vital textile industry. A recent study from the French think tank Evalliance suggests that Moroccan manufacturers may need to adapt pricing and production......

Despite confronting economic challenges in 2023, Morocco's auto industry demonstrated remarkable resilience by maintaining sales figures comparable to the previous year, as disclosed in data unveiled on Monday by the Association of Vehicle Importers (AIVAM). AIVAM President, Adil Bennani, revealed......

Moroccan lighting expert Arrakis and Emirati lighting powerhouse Huda have forged a strategic alliance through a new joint venture poised to illuminate the MENA region and beyond. The collaboration, named Arrakis Huda Lighting, merges the formidable expertise of two industry leaders to deliver cutting-edge,......

Emoticons have become an integral part of our professional world to the extent that their use can have serious legal consequences, as a Canadian flax producer learned the hard way. In 2021, the producer responded to a commercial offer with a thumbs-up emoji. The problem? His counterpart interpreted it......

A recent surge in attacks on commercial ships transiting the Red Sea has prompted shipping companies to impose substantial surcharges on Asia-Morocco cargo routes over the past three weeks. According to Rachid Tahiri, president of Morocco's Association of Freight Forwarders, rates for a standard......

Morocco's inflation rate saw a welcome decline to 6.1% in 2023, down from the previous year's 6.6%, as reported by the latest data from the country's official statistics agency. This modest deceleration signals a potential respite after two years of steadily rising prices that have strained......