Economy
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......
Morocco’s Agriculture Minister Ahmed Bouari has announced a groundbreaking achievement in agricultural subsidies, with the government transferring MAD 1.45 billion ($145 million) directly to over 352,000 livestock farmers in just five days. This initiative marks a significant shift towards efficiency......
The World Bank has raised concerns over the sharp decline in women’s participation in Morocco’s labor force, urging comprehensive reforms to address social, structural, and legal barriers limiting their economic contributions. Female labor force participation has dropped from 29% in 2000......
Morocco’s appetite for industrial equipment has surged over the past decade, reflecting the country’s growing transformation into a high-tech, industrialized economy. The value of imported industrial equipment climbed from MAD 77 billion in 2014 to nearly MAD 179 billion in 2024, marking......
Morocco’s digital marketplace has undergone a profound transformation in the last five years, redefining how consumers shop and businesses sell. Online retail has shifted from a niche activity to a major driver of national growth, reflecting the country’s growing embrace of technology and......
Casablanca, November 5, 2025 — Mohamed El Kettani, Chairman and Chief Executive Officer of Attijariwafa bank, has been awarded the prestigious title of “African Banker of the Year” at the AFIS Awards 2025. Leading Morocco’s largest banking group since 2007, El Kettani has been......
The Moroccan Capital Market Authority (AMMC) approved on Friday the prospectus for the initial public offering (IPO) of Cash Plus, marking a significant step in the development of Morocco’s financial sector. The operation involves the issuance of 2 million new shares and......
The General Confederation of Moroccan Enterprises (CGEM) has released the findings of its third Barometer of Responsible Governance, highlighting significant progress in corporate governance among Moroccan publicly listed companies. The announcement, made in Casablanca under the leadership of CGEM Vice......
