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Economy


Morocco: A key player in regional development

In the past twenty-five years, Morocco has emerged as a pivotal force in economic transformation, industrial development, and modernization across its region, according to the Italian Institute for International Political Studies (ISPI). Since the ascension of His Majesty King Mohammed VI to the throne,......

Green hydrogen investors signal promising dynamics in Morocco

The selection of national and international investors to develop green hydrogen projects in Morocco reflects a "promising" dynamic, aligned with the vision of His Majesty King Mohammed VI, stated Prime Minister Aziz Akhannouch during a press conference in Rabat. Following a meeting of the......

Morocco's airport traffic soars: A glimpse into ambitious 2035 passenger goals

Morocco's airports processed over 32 million passengers in 2024, with plans to triple capacity by 2035, according to Transport and Logistics Minister Abdessamad Kayouh's report to the House of Representatives. The nation aims to expand its airport traffic significantly, targeting 60 million......

African trade integration emerges as key driver for continental prosperity

African nations are poised for significant economic transformation through the African Continental Free Trade Area (AfCFTA), with projections showing a potential 7% increase in continental GDP by 2045, equivalent to $450 billion in growth. The initiative aims to create a unified market across 54 states......

Morocco’s Maritime Strategy: Building a Competitive Fleet for Global Influence

Morocco is implementing a strategy aimed at creating a robust national maritime industry by 2030, positioning the country among the world’s top maritime nations through the development of a competitive fleet. Historically, the country did not prioritize its maritime assets, particularly military......

Morocco's Winter Octopus Fishing Season Opens with Promising Catch Numbers

Morocco's winter octopus fishing season has launched with remarkable success, according to recent reports from the State Secretariat for Maritime Fishing. The early days of the 2025 season have demonstrated exceptional results, particularly highlighting the effectiveness of the biological rest period......

Major Logistics Hub Launches in Casablanca with $29.7 Million Investment

Building Logistics Services (BLS) has inaugurated a significant new logistics center in Casablanca's Tit Mellil district, marking a substantial investment of MAD 300 million ($29.79 million) in Morocco's infrastructure development. The newly established BLS Casa Hub spans an impressive 50,000......

Morocco's Ambitious Road Infrastructure Plan: Aiming for 67% Optimal Conditions by 2027

In a significant stride towards enhancing its road infrastructure, Morocco has set an ambitious target to upgrade 67% of its roads to optimal condition by 2027. This initiative, spearheaded by the Minister of Equipment and Water, Nizar Baraka, aims to address regional disparities and improve overall......

SGTM Wins $200 Million Final Contract for Kenitra-Marrakech High-Speed Rail Project

Morocco’s new high-speed rail will cut journey times between Tangier and Marrakech from seven hours to just 2 hours 45 minutes by 2029. Morocco’s National Railways Office (ONCF) has awarded the eighth and final lot of civil engineering works for the Kenitra-Marrakech high-speed rail line......

Morocco Approves $13.4 Billion in Investment Projects, Targeting Job Creation and Economic Growth

The Moroccan government, led by Head of Government Aziz Akhannouch, has approved 56 investment projects valued at 134 billion Moroccan dirhams ($13.4 billion), signaling a robust commitment to economic development and employment generation. Strategic Investment Breakdown During the sixth session of......

Morocco and UAE Launch $25 Billion Green Hydrogen Venture in Dakhla

A groundbreaking joint venture between Morocco and the United Arab Emirates is set to revolutionize the renewable energy landscape, with a massive $25 billion investment in green hydrogen and ammonia production in Dakhla, southern Morocco. Strategic Investment Overview The renewable energy company......

France's Commitment to the Socio-Economic Growth of Dakhla-Oued Eddahab Region

During a recent visit to the Dakhla-Oued Eddahab region, the French ambassador to Morocco, Christophe Lecourtier, led a high-level delegation to reaffirm France's active support for the socio-economic and cultural development of this southern Moroccan region. This visit exemplifies France’s......

Morocco's Atlantic Vision: A Bridge Between Continents Unveiled in Quebec

In a significant diplomatic outreach, Morocco's ambitious Atlantic Initiative was showcased in Drummondville, Quebec, highlighting the kingdom's strategic vision for intercontinental cooperation. The event, part of the 5th Moroccan Cultural Day, underscored Morocco's pivotal role in fostering......