Economy
Morocco's construction powerhouses TGCC and SGTM have been awarded the second lot of the Grand Stade Hassan II project in Casablanca, a significant infrastructure initiative planned for Benslimane. The contract, valued at MAD 3.2 billion ($320 million), follows the conclusion of the tender process......
Morocco has emerged as the fourth most indebted country in Africa, with external debt reaching $45.65 billion in 2023, according to a report by the African Export-Import Bank (Afreximbank). The report, titled “State of Play of Debt Burden in Africa and the Caribbean," highlights Morocco’s......
The Spanish government has allocated a budget of €113,000 (approximately $129,000) to provide halal meals for Moroccan military personnel undergoing training at the state-owned Navantia shipbuilding company. This initiative ensures that the dietary needs of the Moroccan trainees align with Islamic......
Spanish media, including El Faro de Ceuta, have pointed out that Elon Musk's recently announced Dubai Loop bears a striking resemblance to the proposed underwater tunnel project intended to connect Spain and Morocco. In February, Musk unveiled the Dubai Loop, which aims to create an efficient transportation......
Moroccan farmers are encountering significant difficulties in securing agricultural workers, a situation that seems paradoxical given the nation's high unemployment rates across various sectors, including agriculture. Recent insights from Hortdaily reveal that this issue represents a new form of......
Morocco and France have taken a significant step forward in their energy collaboration, with high-level talks in Paris focusing on renewable energy, electrical interconnection, and low-carbon transitions. Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, met with......
Spain imported 188,076 tons of fruits and vegetables from Morocco during the first quarter of 2025, spending a total of €481 million. This marks a 24% increase in volume and a 23% rise in value compared to the same period last year, according to data from the agriculture-focused platform FreshPlaza. Steady......
Morocco’s railway industry is entering a transformative phase, representing a significant milestone in the nation’s broader industrial and economic strategy. Building on its notable success with the high-speed train (TGV), the country is emerging as a key player in railway equipment production......
Strong growth in agricultural exports Morocco has solidified its role as Spain’s top supplier of fresh fruits and vegetables, driven by sharp increases in exports during the first quarter of 2025. New data from the Spanish Federation of Associations of Producers and Exporters of Fruits, Vegetables,......
Morocco has reached a significant milestone in the development of its medical cannabis industry with the recent export of a shipment of the local "Beldiya" cannabis variety to Australia. This shipment marks a crucial step in the international expansion of Morocco’s regulated cannabis......
Stellantis has taken a decisive step in strengthening its industrial footprint in Morocco by launching engine production at its kenitra plant. This move marks a significant evolution from vehicle assembly to a fully integrated manufacturing site capable of producing critical components like turbocharged......
Morocco imposes temporary tariffs of up to 92% on Egyptian PVC to protect national industry Morocco has imposed provisional anti-dumping duties on polyvinyl chloride (PVC) imports from Egypt. The new tariffs range from 74.87% to 92.19%, targeting imports under tariff code 3904.10.90.00. The decision......
Morocco surpasses 100,000 tons in avocado exports amid growing environmental strain Morocco has cemented its place among the world’s top avocado exporters. For the first time, the country has exceeded 100,000 tons in avocado exports, according to EastFruit, an agricultural data platform. This......
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