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Economy


Oncorad Group fosters cooperative sector growth with Ramadan solidarity market

In a demonstration of its commitment to inclusion and sustainable development, Oncorad Group hosted the Ramadan Solidarity Market, which took place from February 24 to 28, 2025, in the gardens of the Holding. According to a statement received by lareleve.ma, this event allowed employees and patients......

Morocco launches consumer hotline to tackle Ramadan price concerns

As Ramadan begins, Morocco has introduced the national hotline number 5757 to address consumer complaints and ensure market stability during the holy month. This initiative aims to alleviate growing concerns over rising food prices and the availability of essential goods, which are central to traditional......

Hyundai Rotem secures landmark $1.5 billion deal to supply double-decker trains in Morocco

Hyundai Rotem has signed a historic $1.5 billion (2.2 trillion won) contract with Morocco’s National Railways Office (ONCF) to supply double-decker trains, marking the largest order ever secured by the South Korean company. The agreement, announced on Wednesday, underscores a significant step in......

Sardine prices spark debate over market regulation in Morocco

A heated debate over fish prices in Morocco has ignited across social media, shedding light on broader concerns about market regulation and affordability, particularly as Ramadan approaches. The controversy began in Marrakech, where Abdolilah, known as Abdo, launched an initiative to sell sardines at......

Morocco eyes global market with medical cannabis exports

Morocco has embarked on a groundbreaking journey by exporting its first shipment of medical hashish, marking a transformative step in the nation’s cannabis industry. In partnership with Swiss pharmaceutical company Medropharm, the shipment successfully arrived at Geneva Airport on February 19,......

Pickërs introduces Moroccan snacking innovation with premium wafers

Best Biscuit Maroc (BBM), a subsidiary of Anouar Invest, has unveiled PICKËRS, a new premium snacking brand designed to elevate Moroccan confectionery to international standards. Backed by Swiss technical and technological expertise, this ambitious project represents a significant milestone in BBM’s......

Morocco enhances global e-commerce with new multi-currency payment system

In a significant development for Morocco's digital commerce sector, the Centre Monétique Interbancaire (CMI) has launched a multi-currency payment service for local e-commerce websites through a strategic partnership with Global Blue. This new Dynamic Currency Conversion (DCC) functionality......

Morocco unveils ambitious airport expansion strategy to triple passenger capacity by 2030

Morocco's National Airports Office (ONDA) has launched "Airports 2030," a comprehensive strategy aimed at modernizing the nation's airport infrastructure and elevating customer experience to international standards. The initiative, announced following Royal Instructions issued during......

Rising urban poverty in Morocco signals need for targeted reforms

Morocco’s High Commission for Planning (HCP) has unveiled concerning findings about the growing vulnerability to poverty among urban populations. The national survey, conducted between March 2022 and March 2023, highlights an increase in the percentage of the population at risk of poverty, rising......

Morocco narrows down train manufacturing bid to CAF and Hyundai

Morocco is nearing a decision in its ambitious plan to procure 150 regional and commuter trains, with the Spanish company Construcciones y Auxiliar de Ferrocarriles (CAF) and South Korea’s Hyundai Rotem emerging as the final contenders. This follows the exclusion of Talgo, Alstom, and the Chinese......

H&S Invest Holding expands real estate portfolio with GIDNA partnership

H&S Invest Holding, chaired by Moncef Belkhayat, has taken a significant step in its growth strategy by acquiring a co-controlling 25% stake in GIDNA, a Moroccan company specializing in construction and public works. This move, pending approval from the Competition Council, aims to drive GIDNA’s......

Casablanca unveils ambitious plan to expand provincial road 3011

Casablanca's local authorities are set to launch an extensive project to triple the capacity of provincial road 3011. This 1.8-kilometer stretch connects the roundabout on Sidi Maârouf road to the overpass spanning the A1 highway. With an allocated budget of 42 million dirhams, the initiative......

JTI earns top employer status in Morocco for fourth consecutive year

Japan Tobacco International (JTI) has once again secured the prestigious title of "Top Employer" in Morocco, marking its fourth consecutive year of recognition. This accolade highlights the company's unwavering commitment to creating a work environment that prioritizes innovation, well-being,......