Economy
Morocco is set to make a significant leap in its renewable energy capacity, with plans to double green power output in its southern provinces by 2027. This ambitious project, estimated at $2.1 billion, is part of the country's preparation to co-host the 2030 FIFA World Cup alongside Spain and Portugal. The......
The Casablanca Stock Exchange (CSE) has entered a new phase of leadership with the appointment of Brahim Benjelloun Touimi as Chairman of the Board of Directors. This strategic move, approved by the board on October 14, marks the beginning of a two-year term that promises to shape the future of Morocco's......
Air Arabia is set to enhance its European network with the launch of a new direct route connecting Fez, Morocco, to Milan-Bergamo, Italy. This strategic expansion, scheduled to commence on December 15, 2024, aims to bolster travel options for both tourists and business travelers between North Africa......
The annual AmCham Gala 2024 held in Casablanca highlighted the strategic partnership between Morocco and the United States. This year’s event celebrated the 20th anniversary of the Free Trade Agreement (FTA) between the two nations, showcasing their mutual commitment to enhancing economic relations. Minister......
The Morocco-Nigeria gas pipeline, launched in 2016, is making significant progress toward its realization, with the goal of enhancing Africa’s energy infrastructure and fostering regional integration through the export of Nigerian gas. The Economic Community of West African States (ECOWAS) is hosting......
The upcoming inauguration of Royal Air Maroc's (RAM) direct flight connecting Casablanca to Toronto is poised to significantly enhance the relationship between Africa and Canada. This new route is set to commence on December 8, operating three times a week on Wednesdays, Fridays, and Sundays using......
Morocco has secured a vital agreement with the European Investment Bank (EIB) to finance the recovery efforts for the regions affected by the Al Haouz earthquake. The Ministry of Economy and Finance, represented by Minister Delegate Fouzi Lekjaa, and EIB Vice President Ioannis Tsakiris, signed the deal......
Morocco is taking significant strides to propel its digital economy forward with a new initiative aimed at nurturing startups across all stages of development. This move is part of the country's ambitious "Digital Morocco 2030" strategy, which seeks to modernize public services and stimulate......
The Kingdom of Morocco has once again distinguished itself in the realm of postal services, securing the title of "postal development champion" in the Arab world for the second year running. This recognition comes from the Universal Postal Union's (UPU) Integrated Index for Postal Development......
In a significant move towards sustainable transportation, the European Investment Bank (EIB) and Morocco's Office of Railways (ONCF) have joined forces to enhance the climate resilience of Morocco's railway network. This partnership, formalized through a technical assistance agreement, aims to......
In a groundbreaking event that brought together 140 human resources leaders and general managers from diverse sectors, EPIK Consulting orchestrated a pivotal meeting on Human Capital Transformation in Casablanca. The gathering, held at the Barceló Anfa Hotel, served as a crucible for exchanging......
Washington D.C. witnessed a celebration of the enduring partnership between Morocco and the International Monetary Fund (IMF) and World Bank Group on Wednesday evening. The event, hosted by the Moroccan Embassy, marked the first anniversary of the prestigious annual meetings held in Marrakech last year. Addressing......
The coastal city of Tangier, Morocco, recently played host to a groundbreaking event that brought together African nations to explore the vast potential of the ocean economy. The inaugural African Ocean Week, held in conjunction with the 3rd High-Level Ministerial Conference on the Blue Belt Initiative......
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