Economy
Austria’s Hirschmann Automotive has officially opened a new factory in Oujda Technopole, located in Morocco’s Oriental region. The facility, spanning 22,200 square meters, is part of the “Cleantech” industrial acceleration zone and represents an investment of MAD 180 million.......
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, affirmed that the kingdom’s economic partnership with Israel remains robust, even though its pace has moderated since the initial surge following the trilateral agreement with the United States and Israel in 2020. During an......
Morocco is advancing its development strategy to meet global benchmarks as it prepares to co-host the 2030 FIFA World Cup, said Abdessamad Kayouh, Minister of Transport and Logistics. Speaking at the international seminar “Accessibility and Mobility in Urban and Peri-Urban Areas: Challenges and......
Morocco’s National Investment Commission (CNI) has approved 250 investment projects totaling MAD 414 billion, during nine sessions held so far, announced Karim Zidane, Minister Delegate in charge of Investment, Convergence, and Evaluation of Public Policies, on Tuesday before the House of Councillors. Responding......
Morocco registered 65,754 newly created businesses between January and July 2025, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). The new entities include 47,138 legal persons and 18,616 natural persons, the office noted in its latest business creation report. By sector,......
French transport giant Alstom has secured a €260 million contract to upgrade the railway line connecting Kenitra and Settat, marking a major milestone in Morocco’s ongoing rail sector transformation. The deal, signed with a consortium that includes Alstom, INEO Rail, and INEOLUM, will see......
Morocco’s annual inflation rate dropped to 0.3% in August 2025, down from 0.5% in July, marking the lowest rate since April 2024, according to the High Commission for Planning (HCP). This reflects an ongoing easing of price pressures, despite notable increases in specific consumer costs. Consumer......
Chinese automotive components manufacturer Heilongjiang Tianyouwei Electronics Co., Ltd. has unveiled plans to establish a wholly-owned subsidiary in Morocco, committing €65 million to the project. This significant investment signals a shift in Chinese automotive capital toward high-value segments,......
Morocco’s National Railway Office (ONCF) has secured €202 million in financing from Germany's KfW Development Bank to upgrade the Greater Casablanca railway network. This funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain......
Chinese automotive interior materials manufacturer Kuntai has announced plans to establish a $13.7 million production facility in Morocco. The investment, led by its subsidiary Kuntai Hongjing Co Ltd, marks a significant step in the company’s international expansion strategy. Integrated production......
Kenitra, July 18, 2025 — Morocco is taking a major step forward in its automotive sector as Stellantis announces a significant €1.2 billion investment in its Kenitra plant, confirming the country’s growing role as a hub for sustainable and electric vehicle production. This investment......
Morocco has made a significant stride in its industrial development with the inauguration of the expanded Stellantis plant in Kenitra. This €1.2 billion initiative is set to double the plant's production capacity, elevate local integration to 75% by 2030, and create 3,100 new direct jobs, solidifying......
The National Railway Office (ONCF) has rolled out its “Summer 2025” plan to handle the surge in passenger traffic during the peak travel season. Running from June 23 to September 14, the initiative aims to enhance travel experiences for domestic passengers, Moroccan expatriates, and tourists......
