Economy

In a strategic move consolidating its position in the Moroccan financial landscape, Holmarcom, the renowned conglomerate, has finalized its acquisition of Credit Agricole's entire stake in Credit du Maroc, a major banking institution in the country. This transaction grants Holmarcom an impressive......

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......

In a recent report, Morocco emerges as a prime contender for dominance in the burgeoning green maritime fuel industry, poised to capitalize on Europe's transition to sustainable shipping practices. The report, jointly published by the Transport and Environment Organization and the Imal Initiative......

In a testament to the Kingdom's thriving entrepreneurial ecosystem, the Moroccan Office for Industrial and Commercial Property (OMPIC) has unveiled remarkable statistics showcasing the nation's vibrant business landscape. According to OMPIC's comprehensive dashboard report on enterprise creation,......

Amid tightening Western sanctions in response to Russia's military actions in Ukraine, the country has sought alternative pathways to sustain its economic activities, particularly in oil exports and technology imports. In this challenging environment, an unexpected ally has emerged in the form of......

In the early months of 2024, Morocco has solidified its position as a formidable force in the global fruit and vegetable trade, experiencing a significant surge in exports to the German market. According to a report from EastFruit, the North African nation's direct shipments of fresh and frozen produce......

As Morocco eagerly anticipates the joyous occasion of Eid Al-Adha, the nation's agricultural sector has meticulously prepared an abundant supply of livestock to meet the festive demand. In a comprehensive address to the Chamber of Counselors, Mohamed Sadiki, the Minister of Agriculture, Maritime......

Airbus, the aerospace behemoth, is embarking on a bold venture to bolster its manufacturing capabilities by tapping into Morocco's burgeoning aerospace sector. This strategic pivot signals Morocco's ascent as a formidable contender in the global aerospace arena. During a visit to the Airbus......

In a strategic move poised to redefine the digital landscape of Morocco, Liquid Intelligent Technologies, a pan-African technology powerhouse, has announced a groundbreaking partnership with Medi Telecom, a prominent subsidiary of the internationally renowned Orange Group. This synergistic alliance promises......

Morocco's ambitions in the petroleum sector continue to soar as the nation strengthens its domestic oil transport capabilities with the addition of a new South Korean-built tanker. Set for assembly at the Casablanca shipyard, this vessel marks a significant stride in Morocco's strategic vision......

In the vibrant city of Marrakech, visionary leaders, industry giants, and technology enthusiasts converged for the highly anticipated Africa IP GALA 2024 Summit, hosted by esteemed Huawei. This prestigious event served as a catalyst for innovation, fostering an environment where ideas were exchanged,......

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......

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......