Economy
Morocco has announced the launch of its first offshore wind farm, a 1,000-megawatt project set to be built near Essaouira. The landmark initiative, unveiled on June 10 during the Mediterranean Day at the UN Conference on Oceans (UNOC3) in Nice, marks a significant step in the country’s transition......
On Wednesday, the Deposit and Management Fund (CDG) of Morocco and the Jordan Industrial Estates Company (JIEC) signed a memorandum of understanding (MoU) in Madaba, Jordan. This MoU aims to foster a strategic partnership for developing the industrial sectors of both countries and enhancing their economic......
Morocco is aiming to significantly increase its exports to Egypt by 2026, with a target of $500 million, up from just $75 million in 2024. This impressive growth is central to ongoing bilateral discussions as both Rabat and Cairo seek to address a concerning trade imbalance. To achieve this goal, the......
The 61st Meeting of Customs Directors General from North Africa, Near and Middle East convened in Cairo on Sunday, bringing together key customs authorities from across the region. The gathering, hosted by the Arab League General Secretariat in collaboration with Jordan's Customs Administration,......
Jordan’s King Abdullah II became the first Arab leader to meet with U.S. President Donald Trump at the White House since the start of Trump's second term on January 20. However, the meeting placed Abdullah in a challenging position, given the strong historical ties between Jordan and the U.S.......
Morocco is considering the implementation of a tax on real estate wealth as a means to finance its ambitious universal social protection program, according to a recent report by the Arab Reform Initiative. The study, titled "Property Taxes: Missed Opportunities for Funding Universal Social Protection......
In a recent diplomatic initiative, Morocco's Ambassador to Jordan, Mr. Mohamed Sghir Benm'hammed, has urged both nations to capitalize on their underperforming yet promising investment opportunities. The ambassador's remarks, delivered at a business forum in Amman, highlight the untapped......
Egypt currently holds the distinction of having the highest interest rates among all Arab nations, with a staggering 27.25% set by its central bank. This monetary policy decision reflects Egypt's aggressive strategy to attract foreign investment in treasury bonds and bills, particularly in response......
In a stark reality unveiled by the World Economic Forum's Global Gender Gap Report, Morocco finds itself entrenched among the bottom echelons, occupying the 137th position out of 146 nations evaluated. This disheartening ranking places the North African nation in the company of countries grappling......
