X
votrepubici

Economy


Embraer partners with Morocco to enhance aerospace supply chain

A high-level delegation from the Brazilian aerospace giant Embraer recently concluded a visit to Morocco, focusing on the nation’s potential to bolster its aerospace supply chain. The company announced the visit's outcomes in a press release on Thursday. During the trip, Embraer identified......

High-speed rail project from Kenitra to Marrakech boosts Morocco's connectivity

The launch of the Kenitra–Marrakech High-Speed Rail (HSR) line by His Majesty King Mohammed VI marks a transformative step for Morocco’s national transportation network. Designed with substantial socio-economic benefits in mind, this ambitious infrastructure project builds on the success......

Morocco’s strides in social protection showcased at World Bank, IMF meetings

Morocco's advancements in social protection took center stage on Wednesday during the "MENA Social Protection Roundtable," a pivotal event at the World Bank and International Monetary Fund (IMF) Spring Meetings. Wafaa Jamali, Director General of Morocco’s National Agency for Social......

Morocco launches tender for liquefied natural gas terminal to enhance energy security

Morocco has officially initiated a tender process, signaling its commitment to developing national gas infrastructure and establishing the country’s first liquefied natural gas (LNG) terminal at the Nador West Med Port. Energy Minister Leila Benali made the announcement during her participation......

Moroccan government advances social dialogue to enhance worker welfare

The Moroccan government has officially initiated the April round of social dialogue, reaffirming its commitment to improving the socio-economic conditions of workers and fostering cooperation with social and economic partners. This crucial meeting took place in Rabat under the leadership of Head of Government......

Morocco's Economic Growth Projected at 3.9% for 2025

Morocco's economy is set to expand by 3.9% in 2025, with a subsequent growth rate of 3.7% anticipated for the following year, according to the latest forecast from the International Monetary Fund (IMF). This outlook was unveiled during the Spring Meetings of the IMF and World Bank held in Washington,......

Morocco’s trade with EU hits new heights in 2024

Morocco has solidified its status as a crucial trading partner for the European Union, with trade figures surpassing €60 billion ($65 billion) in 2024. This announcement was made by the Delegation of the European Union to Morocco during the International Agricultural Fair in Meknes (SIAM), highlighting......

Morocco accelerates highway upgrades for FIFA 2030 World Cup

Morocco is ramping up its road infrastructure projects to align with international standards as it prepares for the FIFA 2030 World Cup. The country currently boasts an extensive highway network spanning over 2,177 kilometers, as reported by Minister of Equipment and Water Nizar Baraka. During a recent......

Nigeria and Morocco forge energy partnership to secure $10 billion investment

Nigeria and Morocco are intensifying their collaboration to strengthen bilateral relations, particularly in the energy sector. The Kano state government has set its sights on attracting over $10 billion in investments from Morocco over the next five years, with a focus on renewable energy and the development......

Morocco Launches $2.8 Billion Airport Development Plan Under Vision 2030

Morocco has launched a comprehensive airport modernization program worth 28 billion dirhams as part of its "Airports 2030" vision, announced Minister of Transport and Logistics Abdessamad Kayouh during a parliamentary session in Rabat. The initiative centers on building a new international......

Moroccan dirham strengthens against dollar as market stability returns

The Moroccan dirham has appreciated by 2.3% against the US dollar while experiencing a slight decline of 0.6% against the euro, as reported by Bank Al-Maghrib (BAM). This currency fluctuation indicates a brief period of strength for Morocco's national currency amidst ongoing financial adjustments. In......

Morocco's IFTL Institute partners with battery pioneer for electric vehicle training

Morocco’s Institute for Transport and Logistics Training (IFTL) has entered into a significant partnership with renowned researcher Professor Rachid Yazami to establish a specialized training program focused on electric vehicle batteries. This initiative is a key component of Morocco’s broader......

Morocco leads Africa and Arab world in intellectual property protection

Morocco has reaffirmed its position as the foremost country in Africa and the Arab world for intellectual property (IP) protection and innovation, ranking 22nd globally in the 2025 International IP Index with a score of 59.21. This represents a slight decline from its 2024 score of 62.76 out of 100. The......