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Economy


EIB strengthens Morocco’s economy with strategic investments

The European Investment Bank (EIB) is enhancing Morocco's sustainable development through significant financial and technical initiatives aimed at fostering economic resilience. In a notable achievement, the EIB has surpassed €10 billion in investments in Morocco since its inception in 1979.......

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......

Strengthening trade links: Royal Air Maroc's new route connects Morocco, China, and Brazil

Royal Air Maroc (RAM) Cargo has revitalized a key trade route linking Morocco and China, essential for the movement of goods between China and Africa, while also establishing a direct connection to Brazil. The Moroccan airline has introduced a Boeing 787-9 aircraft operating three flights per week between......

Streamlined security checks enhance passenger experience at Mohammed V Airport

In a move aimed at enhancing the passenger experience, security inspection devices such as scanners and gates at the entrances of Mohammed V Airport in Casablanca have been relocated. This adjustment eliminates long queues and ensures smoother movement, providing travelers with a more comfortable journey......

Strategic auto financing partnership reshapes Morocco’s secondhand car market

Dar Al Amane, the participatory finance arm of Société Générale Maroc, has partnered with Autocaz, a subsidiary of Auto Hall and a key player in Morocco's secondhand car market, to launch an innovative auto financing solution aligned with Islamic finance principles. This......

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......

Morocco launches consumer hotline to tackle Ramadan price concerns

As Ramadan begins, Morocco has introduced the national hotline number 5757 to address consumer complaints and ensure market stability during the holy month. This initiative aims to alleviate growing concerns over rising food prices and the availability of essential goods, which are central to traditional......

Hyundai Rotem secures landmark $1.5 billion deal to supply double-decker trains in Morocco

Hyundai Rotem has signed a historic $1.5 billion (2.2 trillion won) contract with Morocco’s National Railways Office (ONCF) to supply double-decker trains, marking the largest order ever secured by the South Korean company. The agreement, announced on Wednesday, underscores a significant step in......

Sardine prices spark debate over market regulation in Morocco

A heated debate over fish prices in Morocco has ignited across social media, shedding light on broader concerns about market regulation and affordability, particularly as Ramadan approaches. The controversy began in Marrakech, where Abdolilah, known as Abdo, launched an initiative to sell sardines at......

Morocco eyes global market with medical cannabis exports

Morocco has embarked on a groundbreaking journey by exporting its first shipment of medical hashish, marking a transformative step in the nation’s cannabis industry. In partnership with Swiss pharmaceutical company Medropharm, the shipment successfully arrived at Geneva Airport on February 19,......

Pickërs introduces Moroccan snacking innovation with premium wafers

Best Biscuit Maroc (BBM), a subsidiary of Anouar Invest, has unveiled PICKËRS, a new premium snacking brand designed to elevate Moroccan confectionery to international standards. Backed by Swiss technical and technological expertise, this ambitious project represents a significant milestone in BBM’s......

Morocco enhances global e-commerce with new multi-currency payment system

In a significant development for Morocco's digital commerce sector, the Centre Monétique Interbancaire (CMI) has launched a multi-currency payment service for local e-commerce websites through a strategic partnership with Global Blue. This new Dynamic Currency Conversion (DCC) functionality......

Morocco unveils ambitious airport expansion strategy to triple passenger capacity by 2030

Morocco's National Airports Office (ONDA) has launched "Airports 2030," a comprehensive strategy aimed at modernizing the nation's airport infrastructure and elevating customer experience to international standards. The initiative, announced following Royal Instructions issued during......