The High Commission for Planning (HCP) has unveiled the findings of its National Household Living Standards Survey, conducted between March 2022 and March 2023. Based on data from 18,000 representative households across Morocco's regions and socioeconomic groups, the study highlights a structural......
Morocco's traditional handicraft industry has emerged as a significant economic powerhouse, generating annual revenues of MAD 140 billion ($14 billion) and contributing 7% to the national Gross Domestic Product. Secretary of State for Handicrafts Lahcen Saadi presented detailed data during a meeting......
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......
Morocco's ambitious transportation infrastructure plan will inject MAD 96 billion ($9 billion) into railway upgrades by 2030, Transport and Logistics Minister Abdessamad Kayouh announced in Rabat. The comprehensive initiative aims to dramatically expand the nation's rail connectivity while modernizing......
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......
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......
New trends include links to sports betting, pyramid schemes, and cryptocurrency transactions. The Moroccan Financial Intelligence Unit (ANRF) has documented a sharp 31.48% increase in cases of money laundering and terrorism financing in 2023, as revealed in its latest annual report. A total of 71 cases......
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'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......
Air Arabia is set to enhance its European network with the launch of a new direct route connecting Fez, Morocco, to Milan-Bergamo, Italy. This strategic expansion, scheduled to commence on December 15, 2024, aims to bolster travel options for both tourists and business travelers between North Africa......
Morocco and Senegal have taken a significant step towards strengthening their partnership in the transportation sector. On Thursday, the two nations signed two framework cooperation agreements aimed at boosting railway development, marking a new chapter in their bilateral relations. The agreements were......
Morocco is setting the stage for the 2030 FIFA World Cup, which it will co-host with Spain and Portugal, by unveiling a strategic infrastructure development plan as part of its 2025 Finance Bill. This initiative aims to transform key cities into world-class venues, ready to welcome the global sporting......
In 2024, French buyers have discovered a treasure trove of affordable real estate opportunities in Morocco, with apartment prices starting as low as €42,000 and properties outside major cities averaging €600 per square meter. Morocco has emerged as a favored destination for French property......
