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Economy


Soaring Higher: Etihad Airways and Royal Air Maroc Forge Strategic Alliance

Etihad Airways and Royal Air Maroc have signed a strategic partnership, solidifying their commitment to delivering unparalleled services and broadening travel horizons. This agreement, formalized through a Memorandum of Understanding (MoU), heralds a new era of cooperation between the two prominent carriers. The......

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......

Morocco's Tech Triumph: GITEX Africa Ignites Digital Dynamism

In the bustling heart of Marrakech, a digital revolution took center stage as the city played host to the second edition of GITEX Africa 2024. This electrifying event, a convergence of tech titans, innovative startups, and forward-thinking investors from over 130 nations, sparked a momentum that pledges......

Phosphate Trade Surges as Morocco's Export Powerhouse Fuels Growth

Morocco's economic prowess shines brightly through its flourishing phosphate sector, propelling the nation's export figures to unprecedented heights. Recent data from the Foreign Exchange Office vividly illustrates the remarkable growth of this industry, with phosphate and its derivative products......

Moroccan Economy Shows Resilience in Challenging Times

The Moroccan economy demonstrated resilience in 2023, growing at a rate of 3.4% according to recently released national accounts data from the High Commission for Planning (HCP). This faster pace of expansion comes despite high inflation and marks an improvement over the prior year's growth of 1.5%.  Domestic......

Morocco and Catalonia: Strengthening Economic Bonds through Innovation and Partnership

Top business figures and diplomats from Morocco and Catalonia gathered in Casablanca on June 4th to discuss advancing commercial cooperation at the Morocco-Spain Economic Meeting with a Focus on Catalonia. The forum, hosted by Morocco's General Confederation of Enterprises (CGEM), aimed to identify......

Capital Market Fundraising Slows in Early 2022

Morocco's capital markets saw a slight decline in fundraising during the first four months of the year, according to data released by the country's markets regulator. Total funds raised from January through April reached 33.09 billion dirhams (US$ 3.3 billion), a decrease of around 450 million......

Catalyzing Innovation: Tamwilcom and Epson Empower Moroccan Startups

Moroccan financial institution Tamwilcom and electronics giant Epson have joined forces to bolster the nation's startup sector. In a partnership agreement signed last week at GITEX Africa, the largest tech expo on the continent, the organizations aim to enhance access to cutting-edge technologies......

Moroccan Pepper Dominance: Second Largest Supplier to EU in Q1 2024

In a remarkable display of agricultural prowess, Morocco has solidified its position as the second-largest supplier of peppers to the European Union (EU) market during the first quarter of 2024. According to the specialized website Hortoinfo, which based its analysis on data from the statistical service......

Pioneering a Path to Inclusion: Battling Backlash on the Road to Representation

In a bold initiative aimed at strengthening economic ties, a delegation comprising twenty Spanish enterprises is poised to embark on a three-day journey to Morocco from June 4th to 6th. This expedition seeks to unearth opportunities for enhancing commercial and economic relations with Morocco's flourishing......

OCP Group Secures €200M Financing for Sustainable Initiatives

In a significant stride towards sustainable development, the OCP Group, a leading global fertilizer producer, has secured a €200 million (MAD 2.1 billion) financing agreement from KfW, Germany's esteemed development and investment bank. This substantial investment will fuel the group's unwavering......

Guiding Morocco's Renewable Energy Future: Tarik Moufaddal Leads the Charge

Morocco's commitment to sustainable energy receives a significant boost as Tarik Moufaddal assumes the role of Chief Executive Officer at the Moroccan Agency for Sustainable Energy (MASEN). Moufaddal's appointment, endorsed during a ministerial council led by King Mohammed VI in Casablanca, marks......

Sparking Synergies: Asian Powerhouses Ignite Africa's Startup Explosion

Amidst the vibrant pulse of Marrakech, the second day of GITEX Africa 2024 saw a gathering of forward-thinking minds, united in their mission to propel Africa's burgeoning startup ecosystem to unprecedented heights. The 10X Stage, charged with anticipation, served as the arena for a symphony of insights......