Economy
In a stride towards ensuring accessible housing for its citizens, Morocco's Direct Housing Aid Program has emerged as a beacon of hope, unlocking doors to homeownership for thousands across the nation. According to Mustapha Baitas, the Minister Delegate in Charge of Relations with Parliament and......
In a resounding affirmation of Morocco's burgeoning aerospace prowess, Canadian aerospace firm Shimco celebrated its forthcoming expansion into the North African nation's integrated industrial platform of Midparc near Casablanca. The event, a symbolic milestone in Shimco's global growth trajectory,......
Morocco's aerospace sector has been ascending to new heights, fueled by strategic government initiatives, robust infrastructure development, and coveted global partnerships. The nation's commitment to nurturing a skilled workforce and fostering an accommodating business environment has positioned......
In a testament to the evolving dynamics between France and Morocco, recent data highlights Morocco's ascendance as the primary source country for French visa applications in 2023. Figures from Schengen Visa Statistics, disclosed to Morocco World News, reveal a notable milestone: Moroccan citizens......
In a remarkable feat, the iconic cheese brand "La Vache qui Rit" (The Laughing Cow) has once again been crowned with the prestigious "Elected Product of the Year 2024" label in the Triangular Cheese category. This coveted recognition marks the third consecutive year that the heritage......
In the sun-drenched region of Andalusia, Spain, a culinary delight has captured the hearts and palates of locals: the Moroccan snail. This exquisite delicacy, renowned for its exceptional quality and taste, has become a highly coveted item in the southern Spanish region, with imports from Morocco reaching......
In a pivotal move for Morocco's burgeoning gas exploration landscape, Chariot, a British gas exploration company, has initiated drilling operations at its OBA-1 well located in the Dartois prospect area, part of the Lixus Offshore license. While definitive results are eagerly awaited, Chariot's......
In a thought-provoking address at a conference organized by Bank Al-Maghrib in Dakhla, Ryad Mezzour, Minister of Industry and Trade, delivered a scathing critique of the protectionist practices employed by certain Western nations. These countries, while championing free competition and economic integration,......
In the wake of recurrent international transportation crises plaguing the global economy since the COVID-19 pandemic, Morocco emerges as a compelling destination for companies seeking to recalibrate their global manufacturing strategies. The French retail giant Decathlon, known for its vast array of......
Moroccans find themselves caught in a whirlwind of temptation and trepidation as Temu, a Chinese-owned e-commerce app, makes an explosive entrance into the kingdom's digital marketplace. With its alluringly low prices and slick marketing, the platform has rapidly ascended to the top of app store......
A recent briefing from the High Commission of Planning (HCP) reveals that Morocco's core inflation, an index that excludes products with volatile prices and public tariffs, experienced a modest 0.2% month-on-month (MoM) increase in April. This mild uptick in core prices indicates a stabilizing trend......
In a bid to enhance safety and optimize traffic flow, the access road connecting Ceuta, Spain, to the Moroccan border will undergo a comprehensive €3.5 million (37.7 million dirhams) upgrade. This project, funded by the European Union's Recovery, Transformation, and Resilience Plan, aims to......
In a move aimed at realigning the nation's energy subsidies, Fouzi Lekjaa, Morocco's Minister Delegate in charge of the budget, has clarified the government's stance on the recent price increase for butane gas cylinders. Speaking with a pragmatic tone, Lekjaa emphasized that the adjustment......
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