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Economy
Morocco’s new high-speed rail will cut journey times between Tangier and Marrakech from seven hours to just 2 hours 45 minutes by 2029. Morocco’s National Railways Office (ONCF) has awarded the eighth and final lot of civil engineering works for the Kenitra-Marrakech high-speed rail line......
China is increasing investments in Morocco to capitalize on the kingdom's strategic advantages, including its proximity to European markets and access to the African Continental Free Trade Area (AfCFTA). In an analysis by Ahmed Aboudouh, an associate fellow at Chatham House, Morocco is identified......
China has initiated the construction of a groundbreaking railway line connecting Kashgar, a city in the northwest of the country, with Kyrgyzstan and Uzbekistan. This ambitious project, in planning since the 1990s, involves a total investment of $8 billion and is scheduled for completion by 2030. Stretching......
The World Bank has unveiled an unprecedented commitment to aid the world's poorest countries, raising nearly $24 billion in new funds. This initiative will allow the bank to leverage these resources, unlocking a remarkable total of $100 billion in loans and grants. The goal is to address the pressing......
The Lobito Corridor is a large-scale infrastructure project that aims to connect Angola's Atlantic Ocean coast to the mining regions of the Democratic Republic of Congo (DRC) and Zambia. This project, which has garnered significant attention, is being promoted by US President Joe Biden during his......
Chinese companies are increasingly investing in Morocco's burgeoning electric vehicle (EV) industry, drawn by the country's strategic location and opportunities tied to U.S. subsidies. A recent article by the South China Morning Post highlighted the growing collaboration, marking a pivotal moment......
LONDON, Nov. 26 – The U.S. dollar surged on Tuesday, gaining strength in global markets, while European stocks suffered notable declines following statements from U.S. President-elect Donald Trump. Trump announced plans to impose tariffs on all imports from Canada and Mexico, along with additional......
Chinese President Xi Jinping has reaffirmed China’s commitment to strengthening bilateral ties with Morocco, underscoring the North African country's pivotal role in advancing the Belt and Road Initiative (BRI). This follows a brief but significant visit by President Xi to Casablanca, where......
Kenitra-Marrakech LGV Project Advances with Gezhouba's Viaduct Deal Morocco's ambitious high-speed rail project connecting Kenitra to Marrakech has taken a significant step forward. The China-based Gezhouba Group has secured a MAD 2.32 billion ($225 million) contract to construct critical viaducts......
Morocco’s cooperation with China under the Belt and Road Initiative (BRI) is set to thrive, with both nations poised to leverage key strategic advantages, according to Abdelkader El Ansari, Morocco's Ambassador to China. In a recent interview with China Daily, El Ansari emphasized Morocco’s......
Royal Air Maroc (RAM) celebrated a key milestone today as its latest Boeing 787-9 Dreamliner touched down at Casablanca’s Mohammed V Airport. The arrival of the aircraft, welcomed with a ceremonial water salute, underscores RAM’s commitment to strengthening its global presence. This addition......
In recent years, Morocco has increasingly emerged as a key destination for global automotive and electric mobility players. The recent move by LeapMotor, a major Chinese electric vehicle manufacturer, further solidifies the kingdom's strategic role in the energy transition and green industrialization,......
In Medan, North Sumatra, Indonesia, Halimah Nasution once enjoyed a comfortable life with her husband, Agus Saputra. Their wedding, graduation, and birthday rental business provided a stable monthly income of about 30 million rupiahs ($1,917), placing them in the upper tier of Indonesia’s middle......
