Economy
Morocco has joined global maritime leaders at the 34th Assembly of the International Maritime Organization (IMO), which commenced today in London. The high-level meeting brings together representatives from member states to shape the future of the maritime sector, a critical element of the global economy. Leading......
Morocco has signed a landmark investment agreement to establish a polysilicon production plant in Tan-Tan, marking the first major industrial project of its kind in the region. With an investment of MAD 8 billion (approximately $800 million), the plant is set to boost local development and position Morocco......
Port Dakhla Atlantique, a transformative infrastructure project with an estimated cost of MAD 15 billion ($1.65 billion), is steadily progressing toward its goal of becoming a major hub for Atlantic trade. With 46% of construction completed, this ambitious megaproject is set to enhance Morocco’s......
The Spanish government has officially tasked public engineering firm Ineco with designing the reconnaissance gallery for the long-awaited Morocco-Spain tunnel project, marking a significant milestone in the decades-old initiative. This ambitious undertaking envisions a railway connection under the Strait......
Morocco’s Industry Minister, Ryad Mezzour, highlighted the country’s remarkable industrial transformation over the last 20 years at the 21st UN Industrial Development Organization (UNIDO) conference held yesterday in Riyadh, Saudi Arabia. His address underscored Morocco’s advancements......
Morocco’s port activity recorded significant momentum in 2024, with national maritime traffic reaching 241.2 million tonnes, a 15.2% increase compared to the previous year, according to data from the Directorate of Ports and Maritime Public Domain. The surge underscores the growing weight of the......
Spain’s imports of Moroccan fruits and vegetables have risen sharply during the first eight months of 2025, reshaping the Spanish market and heightening concerns among local producers. Recent data from the Spanish customs administration, analyzed by the Federation of Spanish Exporters and Importers......
CDG Invest Growth is advancing plans to increase its investment presence by signing an agreement to acquire a minority stake in Sodalmu, the Moroccan company behind the popular ICE soft drink brand. This move is pending approval from......
Morocco is emerging as a pivotal hub for evaluating investment funds and asset managers, according to a new Fitch Ratings report on Investment Management Quality Ratings (IMQRs). These ratings serve as a benchmark for assessing the operational quality and investment capabilities of asset managers globally. The......
Morocco is preparing to host the second edition of the Morocco International Mining Congress as Africa marks Africa Industrialization Day. The event underscores the continent’s growing industrial momentum and highlights Morocco’s expanding role in shaping regional competitiveness. The audience......
Morocco has authorized 300 marine aquaculture farms, marking a significant step in the country’s efforts to develop its blue economy. Government spokesperson Mustapha Baitas announced the approval following the weekly Government Council meeting, where draft decree No. 2.24.830 was adopted. The......
MG Motor has officially launched its new HS Hybrid+ model in Morocco, marking a significant advancement in the brand’s automotive offerings. The company’s latest release promises cutting-edge technologies designed to enhance safety, comfort, and fuel efficiency compared to its predecessors. According......
The Morocco-Italy Chamber of Commerce (CCMI) was officially inaugurated in Rome on Wednesday, marking a milestone in bilateral economic cooperation between the two nations. This new institution aims to foster investment opportunities, promote trade exchanges, and serve as a strategic link between Moroccan......
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