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Economy


France Emerges as Morocco's Top Investor in 2023, Signaling Strong Economic Ties

In a significant development for Morocco's economic landscape, France has secured its position as the leading investor in the North African kingdom for 2023. This revelation comes from a comprehensive report released by the Moroccan Exchange Office, shedding light on the country's balance of......

French Consortium Secures Contract to Expand Morocco's High-Speed Rail Network

Ambitious Project to Strengthen Morocco's Rail Connectivity and Economic Growth In a decisive move to enhance its transportation infrastructure, Morocco's National Office of Railways (ONCF) has awarded a significant contract to a consortium led by the French engineering firm Egis Rail, in partnership......

Air Arabia Expands Morocco-Europe Connectivity with Three New Direct Routes

In a notable expansion of its network, Air Arabia has unveiled plans to introduce three new direct routes connecting Morocco with Europe. This strategic move aims to enhance travel options between Moroccan cities and key European destinations. Starting October 28, travelers can look forward to a new......

Moroccan Cherry Tomatoes Supplier Challenges French Allegations

In recent months, European farmers have protested against the increasing presence of Moroccan tomatoes, which have gained popularity among consumers. The controversy has escalated into a significant dispute, with Azura, a leading supplier of Moroccan cherry tomatoes to European markets, accusing French......

Moroccan Transport Firms Set to Expand Influence in Spanish Market

Moroccan companies are making significant inroads into the Spanish logistics sector, rapidly increasing their number of operational licenses in the country. This burgeoning activity has drawn the attention of media outlets in both Morocco and Spain, with some analysts forecasting a substantial shift......

Comprehensive Analysis of the Maroc-Portugal-Spain Triangulation

The relationship between Morocco, Portugal, and Spain is a complex tapestry of history, politics, economics, and culture that has evolved over centuries. These three countries, united by their geographical proximity in the Maghreb region and the Iberian Peninsula, have forged a partnership that demonstrates......

Morocco's Saharan Endeavors: Transforming the Desert into an Economic Powerhouse

In a comprehensive report, the Spanish news agency EFE has shed light on Morocco's ambitious efforts to transform the Sahara region into a formidable industrial hub through the implementation of large-scale projects. Among the most prominent initiatives are the Atlantic Port of Dakhla and the Tzenguiz-Dakhla......

Moroccan Produce Sector Navigates Turbulent Season with Mixed Results

As the early Moroccan fruit and vegetable season draws to a close, industry insiders report a complex landscape of challenges and opportunities that have shaped this year's export performance. Despite facing numerous obstacles, including European farmer strikes, unpredictable weather patterns, and......

Spain's Industrial Exodus: Over 360 Firms Shift Production to Morocco

In a significant industrial migration, more than 360 Spanish companies have transitioned their production facilities to Morocco, according to a recent report by Maghreb Online. This information, sourced from the Spanish Institute of Exports and Investments (ICEX), highlights a growing trend among Spanish......

Morocco and Spain Share the Spotlight in the Global Tomato Market

In a remarkable display of dominance, Morocco and Spain have emerged as the reigning tomato titans, each exporting an impressive 658.7 million kilos in 2023, according to the specialized portal Hortoinfo. This achievement is all the more notable considering the relentless drought that has gripped the......

Morocco Emerges as Major Buyer of Gas from Spain Two Years After Reopening Pipeline

Rabat's Strategic Move: How Morocco Became a Key Customer for Spanish Gas In a significant turn of events, the Spanish government's decision to reopen the Maghreb-Europe gas pipeline two years ago, reversing its flow to supply gas to Morocco, has redefined the energy dynamics in the region.......

Spanish Firms Back Acciona in Building Casablanca’s Landmark Desalination Plant

Spain's CaixaBank and Cofides have committed to financing Acciona's ambitious endeavor to construct a new desalination plant in Morocco. Each organization will extend a loan of €31 million, supporting a project valued at a total of €650 million. This significant investment will be managed......

Marhaba 2024: First Ship Bearing 220 Moroccan Expatriates Docks in Al Hoceima

Anticipation builds as the Marhaba operation gears up for a surge of returning expatriates. In a significant development marking the commencement of the Marhaba 2024 operation, the first ship carrying approximately 220 Moroccan expatriates (MREs) arrived at the port of Al Hoceima on Saturday. This annual......