Economy
Morocco is poised to dramatically elevate its exports to Egypt, with officials anticipating an increase from MAD 755 million ($75 million) to MAD 5 billion ($500 million) over the next three years. This ambitious goal emerges following a recent high-profile trade mission and symbolizes a new chapter......
A recent joint report from the Organization for Economic Cooperation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) has revealed that Morocco ranks as the 24th largest source of counterfeit goods worldwide as of 2020. This ranking highlights a notable disparity between......
Aya Gold & Silver is gaining remarkable traction at its Zgounder silver mine in Morocco. The Canadian mining company has reported significantly enhanced operational results for April, underscoring the growing strength of its primary mining site. Silver production at the Zgounder mine has surged......
The general director of the France Development Agency (AFD), Rémy Rioux, has underscored the significance of development projects in Morocco’s southern provinces, particularly in Laayoune and Dakhla. During his recent visit, Rioux affirmed that these regions warrant increased investment......
Mauritania is turning to Morocco for its expertise in vocational training to accelerate its development of job-oriented programs. This collaboration comes as part of broader efforts to build strong economic ties between the two North African nations. During the Mauritanian-Moroccan Parliamentary Economic......
Santiago J. Castella Surribas, president of the Port of Tarragona in Spain, recently lauded Morocco’s impressive progress in port infrastructure, recognizing the country’s significant advancements in the sector over the past 25 years. According to Castella, Morocco has successfully modernized......
The French Development Agency and Morocco’s OCP Group deepen ties with a €350 million loan to advance decarbonization, green hydrogen, and sustainable farming in Morocco’s southern provinces. France’s AFD expands strategic partnership with Morocco’s OCP Group The French......
During the first quarter of 2025, exports of US beef to Morocco experienced a remarkable 123% surge, driven by rising demand in emerging markets, according to data from the US Department of Agriculture (USDA) and compiled by the US Meat Export Federation (USMEF). March figures showed robust growth in......
The European Bank for Reconstruction and Development (EBRD) has announced a significant $25 million equity investment aimed at supporting Dislog Group in Morocco. This strategic financing initiative seeks to fortify the company’s capital structure while advancing its mergers and acquisitions strategy,......
Cosumar Group has unveiled an ambitious initiative to double Morocco’s domestic sugar production to 600,000 tons by 2026. This target marks a significant increase from the 330,000 tons anticipated during the 2024/2025 agricultural campaign. Preparations for the forthcoming 2025/2026 season are......
The New Development Bank (NDB) of the BRICS coalition is expressing a keen interest in welcoming Morocco as a new member. This information was disclosed by the bank's Chief Operating Officer, Anand Kumar Srivastava, during a recent conference in Rabat focused on government procurement aligned with......
Morocco’s Secretary of State in charge of Maritime Fisheries, Zakia Driouich, convened with Japan’s Ambassador to Morocco, Nakata Masahiro, on Tuesday in Rabat to deliberate on enhancing bilateral cooperation within the fisheries sector. This meeting underscored a mutual commitment to deepen......
In a significant move for regional aviation, the Arab Civil Aviation Organization (ACAO) has officially endorsed Morocco, among other Arab nations, as candidates for the International Civil Aviation Organization (ICAO) Council. This decision, made during an extraordinary general assembly in Rabat, also......
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