MEDZ, a subsidiary of the CDG Group focused on territorial development, has announced a significant partnership with Safran, a leading player in the aerospace and defense sectors. On October 31, 2024, an agreement was signed for the acquisition of land within the MidParc Industrial Acceleration Zone, where Safran will establish a new maintenance......

In a significant diplomatic move, His Majesty King Mohammed VI of Morocco and French President Emmanuel Macron signed a pivotal declaration in Rabat on Monday, establishing a "Strengthened Exceptional Partnership" between their nations. This agreement aims to enhance bilateral cooperation across various sectors, addressing shared......

Morocco is set to dramatically expand its motorway infrastructure through a comprehensive MAD 7.74 billion ($735 million) investment plan spanning 2025-2027. The initiative aims to add 1,000 kilometers of new highways to the nation's transportation network, strengthening its position as home to Africa's second-largest motorway system. The......

Ghizlane Benjelloun has been named the 2024 "UN Personality in Morocco" by the United Nations Development System (SNUD), recognizing her exceptional dedication to advancing children's mental health. The announcement, made in Rabat on United Nations Day, marks the first-ever recipient of this prestigious distinction. Benjelloun,......

Morocco's transportation sector is poised for transformation under the leadership of Abdessamad Kayouh, newly appointed Minister of Transport and Logistics. The appointment comes as part of a broader government restructuring aimed at addressing economic and infrastructural challenges facing the North African nation. Kayouh, a seasoned......

Morocco's National Railways Office (ONCF) has announced an ambitious MAD 9.78 billion ($939 million) investment strategy spanning 2025-2027, marking a significant advancement in the country's transportation infrastructure. The comprehensive plan, detailed in the public establishments and enterprises report accompanying the 2025 draft......

Morocco's economic landscape is experiencing significant transformation, marked by substantial foreign investments and ambitious infrastructure developments. The nation's strategic focus on automotive manufacturing and green hydrogen initiatives is reshaping its industrial sector, while preparations for hosting major international......

In a significant development for women's football in Africa, FIFA has granted Morocco exclusive hosting rights for the next five editions of the FIFA U17 Women's World Cup, spanning from 2025 to 2029. The announcement came during the 46th General Assembly of the Confederation of African Football (CAF) in Addis Ababa, Ethiopia. FIFA......

Morocco's consumer prices held steady in September 2024, while core inflation continued its upward trajectory, according to the latest report from the High Commissioner of Planning (HCP). The data reveals a complex economic landscape marked by regional variations and sector-specific price fluctuations. Price Stability Amid Mixed Signals The......

MONTRÉAL, October 21, 2024, In a significant move to bolster economic ties, the Council of Employers of Quebec (CPQ) and the General Confederation of Moroccan Enterprises (CGEM) have launched a week-long initiative welcoming a delegation of Moroccan entrepreneurs to Quebec. This visit aims to explore collaborative opportunities and......

In a landmark achievement for Morocco's financial landscape, Lamia Merzouki, Deputy CEO of Casablanca Finance City (CFC), has been elected President of the World Alliance of International Financial Centres (WAIFC). This significant development was announced during the WAIFC's Annual General Meeting held in Tokyo on October 15, with......

Morocco is set to make a significant leap in its renewable energy capacity, with plans to double green power output in its southern provinces by 2027. This ambitious project, estimated at $2.1 billion, is part of the country's preparation to co-host the 2030 FIFA World Cup alongside Spain and Portugal. The Moroccan government aims to......

The vibrant city of Casablanca is gearing up for a milestone celebration as it prepares to host the 15th edition of its International Marathon on October 27. This eagerly anticipated event promises to be more than just a race; it's a cultural extravaganza that showcases the best of Morocco's economic capital. Participants will have......