Economy
In recent years, Morocco has increasingly emerged as a key destination for global automotive and electric mobility players. The recent move by LeapMotor, a major Chinese electric vehicle manufacturer, further solidifies the kingdom's strategic role in the energy transition and green industrialization,......
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......
Morocco aims to increase its vehicle production to one million units per year by 2025, up from the current 700,000, as part of its ambitious automotive industry growth strategy. During a recent media briefing at the 2024 Paris Motor Show, Carlos Tavares, CEO of Stellantis, praised the performance of......
Morocco's national railway operator, ONCF, has awarded significant contracts to German and Chinese companies for the supply of essential components in the country's ambitious high-speed rail expansion project. This development marks a major step forward in enhancing Morocco's transportation......
Ambitious Project to Strengthen Morocco's Rail Connectivity and Economic Growth In a decisive move to enhance its transportation infrastructure, Morocco's National Office of Railways (ONCF) has awarded a significant contract to a consortium led by the French engineering firm Egis Rail, in partnership......
In a pivotal move for Morocco's burgeoning gas exploration landscape, Chariot, a British gas exploration company, has initiated drilling operations at its OBA-1 well located in the Dartois prospect area, part of the Lixus Offshore license. While definitive results are eagerly awaited, Chariot's......
