Economy
Amid escalating tensions in the agricultural sector, Morocco and France are set to formalize a bilateral agreement aimed at regulating the tomato market to ensure fair competition. This agreement, anticipated to be signed in mid-March, is a response to ongoing complaints from French producers who argue......
The construction of the new railway station in the Riyad district of Rabat is progressing steadily, with over 50% of the work completed. The station is set to open in September 2025, just a few months before Morocco hosts the African Cup of Nations in December of the same year. Designed to complement......
Morocco is exploring the creation of a holding company aimed at unifying the actions of thirteen major public banks and investment funds, as part of a broader reform to manage state-owned assets more efficiently. The National Agency for Strategic Management of State Holdings, responsible for overseeing......
Morocco has significantly increased its imports of vegetable oils, particularly sunflower oil, in recent years. This shift in consumption patterns is largely driven by inflation and changing consumer preferences. According to a report from the Russian Federal Center for the Development of Agricultural......
The selection of national and international investors to develop green hydrogen projects in Morocco reflects a "promising" dynamic, aligned with the vision of His Majesty King Mohammed VI, stated Prime Minister Aziz Akhannouch during a press conference in Rabat. Following a meeting of the......
The French government has extended a Treasury loan of €781 million to Morocco for the procurement of 18 high-speed trains (TGV) from Alstom. This investment is aimed at extending the high-speed rail line (LGV) to Marrakech. This funding is part of the ongoing Franco-Moroccan railway cooperation......
Morocco's green hydrogen ambitions took a significant leap forward with the selection of five major investors during a steering committee meeting chaired by Prime Minister Aziz Akhannouch in Rabat. This move is part of a broader initiative to develop six projects valued at MAD 319 billion ($31.9......
The European Investment Bank (EIB) is enhancing Morocco's sustainable development through significant financial and technical initiatives aimed at fostering economic resilience. In a notable achievement, the EIB has surpassed €10 billion in investments in Morocco since its inception in 1979.......
Morocco has reinforced its status as a significant economic player on the African continent, as highlighted by the magazine “Jeune Afrique” in its announcement of the 26th edition of its exclusive ranking of Africa's 500 largest companies. With a total revenue of $55.9 billion, Moroccan......
Royal Air Maroc (RAM) Cargo has revitalized a key trade route linking Morocco and China, essential for the movement of goods between China and Africa, while also establishing a direct connection to Brazil. The Moroccan airline has introduced a Boeing 787-9 aircraft operating three flights per week between......
The European Investment Bank (EIB) has strengthened its commitment to Morocco's development initiatives, surpassing the €10 billion investment mark since the inception of its partnership with the North African nation. A recent statement shared with Morocco World News reveals that the financing......
Morocco has emerged as Spain's largest natural gas customer, overtaking France, according to recent figures released by the Corporation of Strategic Reserves of Petroleum Products (Cores). Data highlighted by The Objective reveals that Morocco imported a staggering 9,703 gigawatt hours of natural......
In a move aimed at enhancing the passenger experience, security inspection devices such as scanners and gates at the entrances of Mohammed V Airport in Casablanca have been relocated. This adjustment eliminates long queues and ensures smoother movement, providing travelers with a more comfortable journey......
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