Economy
Morocco's industrial sector has undergone a remarkable transformation over the past 25 years, positioning the country as a major player in global manufacturing and trade. Head of Government Aziz Akhannouch, speaking at the second edition of Morocco's National Industry Day, highlighted the nation's......
The annual AmCham Gala 2024 held in Casablanca highlighted the strategic partnership between Morocco and the United States. This year’s event celebrated the 20th anniversary of the Free Trade Agreement (FTA) between the two nations, showcasing their mutual commitment to enhancing economic relations. Minister......
The coastal city of Tangier, Morocco, recently played host to a groundbreaking event that brought together African nations to explore the vast potential of the ocean economy. The inaugural African Ocean Week, held in conjunction with the 3rd High-Level Ministerial Conference on the Blue Belt Initiative......
Spain has recently announced a tender for seismometers to study the seabed of the Strait of Gibraltar, signaling renewed interest in an ambitious project to connect Europe and Africa through an underwater tunnel. This development marks a significant step forward in a vision that has been in the works......
Morocco's coastal tourism sector, a vital component of its blue economy, faces a stark challenge as climate change threatens to erode up to 32% of jobs by 2035, according to a recent World Bank report. The study, "Climate Change Impacts on the Blue Economy in Morocco: Prospects for Jobs in Coastal......
In a significant move aimed at bolstering its automotive sector, the Moroccan government has officially approved the expansion of the Tangier Automotive City, a key player in the nation’s free zone. This decision is poised to enhance the region's industrial capabilities and attract further......
In a remarkable display of logistical prowess, Moroccan ports welcomed over 2.8 million passengers during the Marhaba 2024 operation, a seasonal initiative designed to facilitate the return of Moroccans living abroad. This year’s figures reflect a significant increase compared to previous years,......
In a significant development for the energy sector, Falcon Energy Materials has announced a strategic collaboration with Hensen to construct a state-of-the-art anode manufacturing plant in Morocco. This partnership aims to bolster the production of essential materials for the burgeoning electric vehicle......
Morocco and Senegal have taken a significant step towards strengthening their partnership in the transportation sector. On Thursday, the two nations signed two framework cooperation agreements aimed at boosting railway development, marking a new chapter in their bilateral relations. The agreements were......
In a remarkable development, trade between Morocco and Israel has skyrocketed in 2024, reaching unprecedented levels despite the ongoing conflict in Gaza. This economic boom, facilitated by the 2020 Abraham Accords, has sparked critical debates about the implications of deepening economic ties amidst......
China's BTR Group has unveiled plans to construct a lithium-ion battery plant in Tangier Technology City, Morocco. This ambitious project, valued at $366 million, is slated for completion in approximately two years and marks a pivotal move in BTR's global expansion strategy. The facility aims......
China Baoan and its subsidiary Betrui have unveiled a substantial $370 million investment in Tanger Science and Technology City, aimed at producing 60,000 tons of anode material annually. This development strengthens Morocco's foothold in the global lithium battery market. Building on Betrui’s......
Morocco is setting the stage for the 2030 FIFA World Cup, which it will co-host with Spain and Portugal, by unveiling a strategic infrastructure development plan as part of its 2025 Finance Bill. This initiative aims to transform key cities into world-class venues, ready to welcome the global sporting......
