Tesla has officially entered the Moroccan market by creating a local subsidiary headquartered in Casablanca. The move positions Morocco as a key hub for Tesla’s operations in North Africa and a launchpad for its broader ambitions across the African continent. The subsidiary, established on May......
Royal Air Maroc (RAM) is preparing to modernize and expand its fleet through a substantial deal with Boeing and a smaller order with Airbus, marking a transformative step for Morocco's national carrier. Boeing leads negotiations; Airbus returns after decades According to industry sources cited......
Morocco's construction powerhouses TGCC and SGTM have been awarded the second lot of the Grand Stade Hassan II project in Casablanca, a significant infrastructure initiative planned for Benslimane. The contract, valued at MAD 3.2 billion ($320 million), follows the conclusion of the tender process......
Iberia’s regional airline boosts flights connecting Málaga, Tangier, and Casablanca Air Nostrum, the regional franchise of Iberia, has expanded its summer network with new routes linking Spain and Morocco. The airline now offers regular flights between Málaga and two major Moroccan......
Morocco is witnessing a sharp increase in poultry prices as Eid Al Adha approaches. Scheduled for June 7, the celebration this year comes without its traditional animal sacrifice ritual, leading to a surge in demand for alternative meat options. In Casablanca, poultry prices have reached MAD 23 per......
Nigeria is actively courting international investors for the $25 billion Nigeria-Morocco gas pipeline project, a strategic initiative designed to deliver natural gas to European markets. This ambitious infrastructure project spans 5,660 kilometers and aims to transport Nigerian gas via an undersea route......
Morocco took another significant step toward its digital-hub ambitions today as Technopark Morocco and Plug and Play Tech Center signed a strategic partnership at Technopark headquarters in Casablanca. The Ministry of Digital Transition and Administration Reform (MTNRA) and the Ministry of Economy and......
The Competition Council of Morocco has officially notified GlovoApp Morocco of several grievances regarding alleged anticompetitive practices in the digital food ordering and delivery platform market. The notification follows an investigation initiated by the Council’s self-referral decision number......
Morocco is positioning itself to re-enter the arena of Formula 1 racing with an ambitious $1.2 billion project near Tangier. This initiative aims to end the continent's 32-year absence from the sport, as the last Formula 1 race on African soil took place in 1993. The proposed development is located......
A delegation of Catalonian business leaders and officials begins a three-day economic mission to Morocco today. The visit, running from May 27 to 29, aims to strengthen economic and commercial relations between the northeastern Spanish region and the North African country. The mission is organized by......
OCP Group has officially announced a groundbreaking €365 million financing agreement with Italy’s export credit agency, SACE. This notable arrangement marks the first of its kind under OCP’s Green Finance Framework and represents a pioneering collaboration guaranteed by SACE’s......
The European Investment Bank (EIB) has signed a €70 million financing contract with Morocco’s National Office of Electricity and Drinking Water (ONEE). This significant investment aims to bolster drinking water infrastructure across the nation, particularly benefiting small and medium-sized......
A delegation of economic and institutional representatives from Catalonia, located in northeastern Spain, will undertake a mission to Morocco from May 27 to 29 to strengthen commercial and economic ties with the Kingdom. Organized by the Confederation of Employers of Catalonia (FDT) in collaboration......
