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Economy


UAE Ascends as Leading Arab Investor in Morocco, Secures Second Spot Globally

In a significant milestone for economic cooperation, the United Arab Emirates (UAE) has firmly established itself as the largest Arab investor in Morocco and the second largest on a global scale. This development, highlighted by Hassan Berkani, President of the Casablanca-Settat Chamber of Commerce,......

Bridging Continents with Green Energy: Jan De Nul and Fortescue's Ambitious Partnership

In a landmark agreement poised to reshape the renewable energy landscape, Jan De Nul Group, a global powerhouse in marine construction, and Fortescue, a leading entity in green technology, energy, and metals, have joined forces. This collaboration aims to facilitate the transport of green electrons from......

BAM Amplifies Monetary Interventions Amid Market Stability

The Moroccan economy continues to display resilience and investor confidence, maintaining market stability despite global economic fluctuations. Bank Al-Maghrib (BAM), the country's central bank, has significantly increased its interventions in the monetary market, injecting MAD 127 billion ($12.7......

Moroccan Think Tank PCNS Collaborates with UN to Drive Inclusive Industrial Growth

In a significant move aimed at bolstering sustainable industrial development worldwide, the United Nations Industrial Development Organization (UNIDO) and the Policy Center for the New South (PCNS) have forged a strategic partnership. This collaboration, formalized on June 6th at the PCNS headquarters......

Navigating Careers: Rabat Business School Graduates Thrive in the Job Market

Rabat Business School (RBS) asserts its position as a prominent institution shaping future business leaders. The latest employability survey underscores the seamless transition of its graduates into professional roles, with an impressive 86% employment rate among 2024 master's program alumni, solidifying......

Fostering Sustainable Forestry: AfDB Injects Over 850 Million Dirhams into Morocco's Woodlands

The African Development Bank (AfDB) is poised to inject a substantial investment of more than 850 million dirhams (equivalent to 84 million euros) into Morocco's forestry sector. The Board of Directors of the AfDB Group has approved this financing as part of a project aimed at supporting the inclusive......

Morocco Emerges as Africa's Gaming Hub

In a bold step towards fostering local talent and drawing international investment, Morocco recently hosted its inaugural Moroccan Gaming Expo, signaling its aspirations to lead Africa's growing gaming industry. Organized by the Ministry of Youth, Culture, and Communication, the three-day event......

Ministry Convenes Key Stakeholders to Safeguard Butane Gas Supply Amid Subsidy Reform

In a proactive move to ensure a seamless transition during the upcoming butane gas subsidy reform, the Ministry of Energy Transition and Sustainable Development convened a crucial meeting in Rabat on Monday. The gathering brought together representatives from various sectors, including the Ministries......