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Economy


Alstom to deliver 18 high-speed trains to Morocco for enhanced connectivity

French company Alstom has announced its commitment to provide Morocco with approximately 18 high-speed trains of the "Avelia Horizon" model, as part of the kingdom's railway network expansion. In a statement released recently, Alstom, a global leader in sustainable smart transport, confirmed......

Tanger Med achieves 17th place in global port rankings, outpacing competitors

Tanger Med Port is solidifying Morocco's position as a leader in port operations across Africa and the Mediterranean, as evidenced by its rise to 17th place in the latest global rankings by Alphaliner, which recognizes the top 30 container ports worldwide. In 2024, Tanger Med handled an impressive......

Mohamed Benalilou: Leading Morocco's Anti-Corruption Efforts

His Majesty King Mohammed VI has appointed Mohamed Benalilou as the new president of the National Authority for Integrity, Prevention, and Fight Against Corruption (INPPLC). With a formidable background in Morocco's legal and judicial systems, Benalilou is poised to enhance the country's initiatives......

Morocco emerges as a key hub for European supply chains

As Europe reshapes its supply chains to enhance resilience, Morocco is establishing itself as an indispensable strategic pivot. Its geographical proximity, coupled with a steadily diversifying economy, positions it as a preferred partner for a continent seeking reliable alternatives to distant and fragile......

Ryanair introduces new Manchester to Rabat flight route

Ryanair has announced its plans to launch a new flight route connecting Manchester, UK, to Rabat, Morocco, set to commence on March 30. This new service will operate twice weekly, marking Rabat as the fifth Moroccan destination accessible via direct flights from the northern English airport. With this......

Morocco's industrial transformation: A rising economic powerhouse

Morocco has made significant strides over the past 25 years in modernizing its infrastructure and diversifying its economy, as highlighted in a recent article by the Spanish financial daily, El Mundo Financiero. In its examination of "Morocco's industrial revolution," the publication emphasizes......

Morocco's role in Africa's economic integration

The United Nations Economic Commission for Africa (UNECA) has highlighted Morocco's potential to significantly contribute to the economic integration of Africa through its robust fiscal policies and strategic infrastructure investments. In a tweet following a meeting on Monday between Riyad Mezzour,......

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,......

France grants €781 million for 18 Alstom TGVs to Morocco

The French government has extended a Treasury loan of €781 million to Morocco for the procurement of 18 high-speed trains (TGV) from Alstom. This investment is aimed at extending the high-speed rail line (LGV) to Marrakech. This funding is part of the ongoing Franco-Moroccan railway cooperation......

Morocco selects five investors for $31.9 billion green hydrogen projects

Morocco's green hydrogen ambitions took a significant leap forward with the selection of five major investors during a steering committee meeting chaired by Prime Minister Aziz Akhannouch in Rabat. This move is part of a broader initiative to develop six projects valued at MAD 319 billion ($31.9......

Morocco solidifies its position among Africa's economic powerhouses

Morocco has reinforced its status as a significant economic player on the African continent, as highlighted by the magazine “Jeune Afrique” in its announcement of the 26th edition of its exclusive ranking of Africa's 500 largest companies. With a total revenue of $55.9 billion, Moroccan......

Oncorad Group fosters cooperative sector growth with Ramadan solidarity market

In a demonstration of its commitment to inclusion and sustainable development, Oncorad Group hosted the Ramadan Solidarity Market, which took place from February 24 to 28, 2025, in the gardens of the Holding. According to a statement received by lareleve.ma, this event allowed employees and patients......

Tanger Med CEO dismissed over conflict of interest with Spanish consultancy firm

Hassan Abkari, the Director General of Tanger Med Port Authority (TMPA), has been relieved of his duties following revelations of a private business venture in Spain’s port sector, raising concerns over a conflict of interest. The decision came during an emergency board meeting held on February......