Economy
Morocco has officially initiated a tender process, signaling its commitment to developing national gas infrastructure and establishing the country’s first liquefied natural gas (LNG) terminal at the Nador West Med Port. Energy Minister Leila Benali made the announcement during her participation......
The Moroccan government has officially initiated the April round of social dialogue, reaffirming its commitment to improving the socio-economic conditions of workers and fostering cooperation with social and economic partners. This crucial meeting took place in Rabat under the leadership of Head of Government......
Morocco's economy is set to expand by 3.9% in 2025, with a subsequent growth rate of 3.7% anticipated for the following year, according to the latest forecast from the International Monetary Fund (IMF). This outlook was unveiled during the Spring Meetings of the IMF and World Bank held in Washington,......
Morocco has solidified its status as a crucial trading partner for the European Union, with trade figures surpassing €60 billion ($65 billion) in 2024. This announcement was made by the Delegation of the European Union to Morocco during the International Agricultural Fair in Meknes (SIAM), highlighting......
Morocco’s Noor Ouarzazate III solar power plant has resumed electricity production following over a year of inactivity caused by a technical incident. The Moroccan Agency for Sustainable Energy (MASEN) confirmed this significant milestone, marking a crucial step in the nation's renewable energy......
Morocco is ramping up its road infrastructure projects to align with international standards as it prepares for the FIFA 2030 World Cup. The country currently boasts an extensive highway network spanning over 2,177 kilometers, as reported by Minister of Equipment and Water Nizar Baraka. During a recent......
Morocco is intensifying its efforts to diversify its gas resources, with plans to develop the first phase of a liquefied natural gas (LNG) terminal near Nador, a city in the east of the country. Energy Minister Leila Benali announced the government's commitment to initiating an action plan during......
Nigeria and Morocco are intensifying their collaboration to strengthen bilateral relations, particularly in the energy sector. The Kano state government has set its sights on attracting over $10 billion in investments from Morocco over the next five years, with a focus on renewable energy and the development......
Morocco has launched a comprehensive airport modernization program worth 28 billion dirhams as part of its "Airports 2030" vision, announced Minister of Transport and Logistics Abdessamad Kayouh during a parliamentary session in Rabat. The initiative centers on building a new international......
The Moroccan dirham has appreciated by 2.3% against the US dollar while experiencing a slight decline of 0.6% against the euro, as reported by Bank Al-Maghrib (BAM). This currency fluctuation indicates a brief period of strength for Morocco's national currency amidst ongoing financial adjustments. In......
Morocco’s Institute for Transport and Logistics Training (IFTL) has entered into a significant partnership with renowned researcher Professor Rachid Yazami to establish a specialized training program focused on electric vehicle batteries. This initiative is a key component of Morocco’s broader......
Casablanca, April 17, 2025 – The Société Centrale de Réassurance (SCR) has reached a pivotal milestone by adopting a new identity: Atlantic Re. This transformation is part of a strategic shift aimed at solidifying national leadership while accelerating regional expansion. A......
The Nigerian state of Kano has initiated a strategic financial framework with Morocco, aiming to attract over $10 billion in direct investments over the next five years. This collaboration will focus on renewable energy, structured agriculture, and mining development, following a high-level visit by......
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