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Economy



Morocco's ports manage 95% of foreign trade as global ranking improves

Morocco’s 14 international ports handle the vast majority of the country’s foreign trade, accounting for 95% of overall exchanges, according to Minister of Equipment and Water Nizar Baraka. Speaking during a parliamentary session at the House of Councillors, Baraka highlighted the strong......

Royal Air Maroc expands domestic flights, strengthens links to southern provinces

Royal Air Maroc (RAM) has announced an ambitious expansion of its domestic flight network, enhancing connectivity to Morocco’s southern provinces and supporting regional development. The new routes are part of a partnership with the regions of Dakhla-Oued Eddahab, Laayoune-Sakia El Hamra, and Guelmin-Oued......

X-Links President warns of relocating Morocco-UK energy project amid UK delays

X-Links President and former Tesco chief Dave Lewis has issued a stark warning regarding the future of a groundbreaking £25 billion renewable energy initiative linking Morocco and the UK. Due to ongoing government delays, Lewis indicated that investors may consider shifting the project to Germany......

Major Oil Discovery off Moroccan Coast Raises Energy and Environmental Stakes

Europa Oil & Gas has announced a significant oil discovery in Morocco's Agadir Basin, with estimated reserves of 1 billion tons within the Inzegane permit area. The discovery site, spanning 11,220 square kilometers near Tarfaya, Sidi Ifni, and Tan-Tan, places Morocco in a strategic position for......

Sharp Decline in Tan-Tan Fish Landings: Industry Faces Uncertain Future

The fishing industry at Tan-Tan's port has encountered significant challenges, with the quantity of pelagic fish landings plummeting by a staggering 63% in the first half of the year, amounting to a mere 7,351 tonnes. By the Numbers: A Grim Report The National Office of Fisheries (ONP) released......

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