Economy
Moroccan customs authorities have uncovered a vast network of shell companies accused of orchestrating large-scale customs fraud through suspicious import operations. Regional customs control teams in Casablanca, Tangier and Agadir, acting on instructions from the central administration, launched an......
Over recent weeks, international financial markets have entered a phase of heightened uncertainty. While no major disruptions have occurred, investor sentiment has shifted significantly, driven by concerns over AI-driven valuations, a renewed cryptocurrency sell-off, and ongoing doubts about global economic......
Over recent weeks, international financial markets have entered a phase of heightened uncertainty. While no major disruptions have occurred, investor sentiment has shifted significantly, driven by concerns over AI-driven valuations, a renewed cryptocurrency sell-off, and ongoing doubts about global economic......
Morocco is setting its sights on inclusive development by leveraging its energy sector and advancing smart technologies. Speaking in Casablanca at Elec Expo, EneR Event, and Tronica Expo 2025, Omar Hejira, Secretary of State to the Minister of Industry and Trade, emphasized the need to enhance the electricity......
Morocco’s cybersecurity industry is undergoing rapid growth, driven by an escalating wave of cyber threats, widespread digital adoption, and significant public and private investments to bolster the nation’s digital infrastructure. A recent report by Ken Research titled “Morocco Cybersecurity......
Morocco’s port activity recorded significant momentum in 2024, with national maritime traffic reaching 241.2 million tonnes, a 15.2% increase compared to the previous year, according to data from the Directorate of Ports and Maritime Public Domain. The surge underscores the growing weight of the......
Morocco is emerging as a pivotal hub for evaluating investment funds and asset managers, according to a new Fitch Ratings report on Investment Management Quality Ratings (IMQRs). These ratings serve as a benchmark for assessing the operational quality and investment capabilities of asset managers globally. The......
La Société Générale des Travaux du Maroc (SGTM), a leading Moroccan construction and infrastructure group, has officially received approval from the Moroccan Capital Market Authority (AMMC) to launch its highly anticipated initial public offering (IPO) on the Casablanca Stock......
Morocco is set to receive its inaugural shipment of 6,457 steel rails from China for the Kenitra-Marrakech high-speed railway project. The 36-meter-long rails, weighing 13,000 tons, departed from Bayuquan Port in China’s Liaoning Province on November 15, marking the first delivery under a major......
Amid mounting climate challenges and dwindling water reserves, Morocco is accelerating its desalination strategy to meet rising demands and ensure a sustainable water supply. This shift is driven by an ambitious plan to double investments in desalination by 2033, leveraging advanced technology and renewable......
Morocco’s National Airports Office (ONDA) has announced a sweeping overhaul of the country’s air navigation system under its Airports 2030 strategy. This initiative aims to equip Morocco with a cutting-edge, resilient air traffic management system that aligns with the highest international......
The Port of Cadiz has reestablished regular maritime connections with Morocco after an 11-year hiatus, a major step in revitalizing cross-strait trade and cooperation. This milestone marks a turning point in the port's strategic expansion plan, which aims to strengthen ties with both Morocco and......
Morocco’s 14 international ports handle the vast majority of the country’s foreign trade, accounting for 95% of overall exchanges, according to Minister of Equipment and Water Nizar Baraka. Speaking during a parliamentary session at the House of Councillors, Baraka highlighted the strong......
