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Economy



Tanger Med Port’s ambitious journey towards a zero-carbon future

Tanger Med Port Group has unveiled a bold strategy aimed at eliminating its carbon footprint while fostering sustainability among its operators, as announced at a recent industry event. During the International Transport and Logistics Exhibition for Africa and the Mediterranean (Logismed), Port Decarbonization......

Tanger Med port's remarkable growth amid leadership controversy

Hassan Abkari, the former director general of Tanger Med Port Authority (TMPA), has officially liquidated the Spanish firm that was central to his dismissal. This development follows the revelation of his business activities in Valencia, prompting the closure of New Port Consulting 2024, a company he......

Spain’s port official commends Morocco’s advanced port infrastructure

Santiago J. Castella Surribas, president of the Port of Tarragona in Spain, recently lauded Morocco’s impressive progress in port infrastructure, recognizing the country’s significant advancements in the sector over the past 25 years. According to Castella, Morocco has successfully modernized......

Strengthening Morocco's industrial position through Chinese tire manufacturing

In recent years, Morocco has seen a notable increase in the number of Chinese tire manufacturers establishing their operations within the country. This surge is part of a broader strategy to attract foreign investment and diversify international partnerships, particularly in vital sectors such as the......

Tanger Med Port achieves $1.2 billion revenue in 2024, solidifying its role as a key Mediterranean hub

The Tanger Med Port concluded the 2024 fiscal year with an impressive revenue of MAD 11.23 billion ($1.212 billion), reflecting a robust increase of 12.3% compared to the previous year. This prominent Moroccan port has established itself as a pivotal regional hub, facilitating significant national imports......

Strengthening ties: Morocco and China at the forefront of industrial partnership

Morocco’s trade minister delivered a compelling address at the China-Arab States Cooperation Forum, which is hosting over 1,000 participants, including local economic operators and Moroccan entrepreneurs based in China. This year, Morocco is honored as the guest of honor at the forum, a distinction......

Morocco’s high-speed rail connecting Casablanca and Tangier

The Casablanca–Tangier High-Speed Line has become a powerful symbol of Morocco’s modernization and progress. Launched in 2018, this pioneering project the first high-speed train service in Africa has revolutionized travel between the country’s major cities and enhanced Morocco’s......

Morocco's high-speed rail project highlights national workforce expertise

Morocco’s National Railway Office (ONCF) has underscored the significance of the nation's skilled workforce engaged in the recently inaugurated Kenitra-Marrakech high-speed line project. Khalid Khairane, director of high-speed line projects at ONCF, announced on Thursday that the new line......

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 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......

Strengthening Morocco’s Automotive Industry Through Strategic Partnerships

In Tangier, two significant partnership agreements were signed on Wednesday to enhance Morocco's automotive industry, as part of the 8th edition of the Automotive Meetings Tangier-Med. The first agreement involves the Ministry of Industry and Trade, the Ministry of Economic Inclusion, Small Business,......

Tangier set to launch tramway system ahead of 2030 World Cup

Tangier is on the verge of becoming Morocco’s fourth city to implement a tramway system, following the announcement of an ambitious MAD 8.4 billion ($840 million) project. This initiative, which has been in the works since 2014, is now being propelled by the forthcoming 2030 World Cup, which Morocco......

Morocco and Spain: Strategic Partners in Global Competition

Spain now recognizes Morocco as a key strategic ally in facing the challenges of global competition. Far from being rivals, the two countries have forged a powerful partnership in critical sectors that are shaping the future. In an analysis titled “Spain and Morocco: Strategic Allies in the Face......

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