Economy
Abdellatif Amrani, Director General of the Moroccan Customs and Indirect Tax Administration, and Donald Conroy, Executive Director for International Operations and Advisory at the U.S. Customs and Border Protection, signed a Declaration of Principles in Rabat confirming Morocco’s participation......
The rise of remote and app-based work is transforming Morocco’s job market, offering new opportunities and flexibility. However, many workers in these growing sectors face significant challenges, including low wages, no health insurance, and a lack of job security, according to a new report by......
The European Investment Bank (EIB) has committed €1.6 billion to finance the Bay of Biscay electricity interconnection, a critical project aimed at strengthening energy links between Spain and France. This initiative comes in response to Spain’s calls for improved infrastructure following......
On Monday, Industry and Trade Minister Ryad Mezzour announced the selection of 1,839 industrial projects aimed at enhancing Morocco’s industrial sovereignty. These projects, chosen by June 10, represent a total investment of MAD 124.9 billion ($12.49 billion). The initiative seeks to strengthen......
Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......
British company Sound Energy has partnered with Gaia Energy Ltd. to develop up to 270 megawatts of solar power at multiple sites across Morocco, marking a significant step in reducing the country’s reliance on imported fossil fuels while advancing its clean energy goals. A strategic partnership......
Morocco’s government is calling on neighborhood shopkeepers, known locally as moul hanout, to adopt digital payment systems in response to mounting competition from retail giants. Secretary of State to the Minister of Industry, Omar Hjira, emphasized the need for these small businesses to modernize,......
Morocco has firmly established itself as a competitive player in the global aerospace sector, according to the Minister of Industry and Trade, Ryad Mezzour, during the opening of the Paris Air Show at Le Bourget. Speaking to MAP, Minister Mezzour highlighted growing international interest in Morocco’s......
Boeing has solidified its presence in Morocco’s aerospace sector by partnering with Casablanca Aéronautique, a subsidiary of France's Figeac Aéro Group, to produce machined parts for the 737 MAX aircraft. The agreement reinforces Boeing’s long-standing engagement in the......
The GREEN project, a groundbreaking initiative aimed at enhancing youth employability in Morocco's green economy, officially concluded its two-year run on June 12. Spearheaded by EFE-Maroc in collaboration with the Spanish Agency for International Development Cooperation (AECID), the program exceeded......
The GREEN project, a groundbreaking initiative aimed at enhancing youth employability in Morocco's green economy, officially concluded its two-year run on June 12. Spearheaded by EFE-Maroc in collaboration with the Spanish Agency for International Development Cooperation (AECID), the program exceeded......
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......
Sheikh Ammar Hamid Rashid Al Nuaimi, Crown Prince of the Emirate of Ajman, has launched a new investment initiative in Morocco by establishing a holding company named Frame Holding, according to Médias24. The new company is based on Jean Jaurès Street in Casablanca and was founded on April......
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