Economy
The sun-drenched nation of Morocco is embarking on an ambitious €84 million initiative to revitalize its forests, watersheds, and rural communities. Approved by the African Development Bank, this sweeping "Inclusive and Sustainable Development Project for Forest Areas" aims to bolster......
In a move aimed at facilitating the internationalization of French companies towards the Maghreb region, the public investment bank Bpifrance has announced the launch of a dedicated fund, following a promise made by President Emmanuel Macron. This initiative underscores the government's commitment......
Economists Highlight Infrastructure and Workforce as Key Catalysts In a remarkable economic milestone, Morocco's net flow of foreign direct investment (FDI) soared to MAD 13.1 billion (approximately $1.34 billion) by the close of April, reflecting a substantial 48.6% increase compared to the same......
In a significant development for European-Moroccan trade relations, Spain has solidified its position as the leading exporter from the European Union to Morocco in 2023. According to the latest figures from the Spanish Embassy in Rabat, Spain commanded an impressive 36.8% of the EU's total exports......
Morocco's premier port defies global disruptions, sets sights on new milestones. In a year marked by global supply chain turbulence and security concerns, Morocco's Tanger Med Port is not just weathering the storm but thriving. The port is set to exceed its nominal processing capacity of nine......
"Spain respects Morocco much more and considers it as an important partner, given the figures and the evolution of the country." In an exclusive interview with *Atalayar* during the 10th Hispano-Moroccan Meeting on the Sea, Transport, and Logistics, José Estévez, President of......
The wholesale trade sector demonstrated overall stability during the first quarter (Q1), according to the latest figures from a survey conducted by the High Commission for Planning (HCP). Forty-seven percent of business leaders reported steady sales in the domestic market, while 29% experienced a decline. This......
In a significant diplomatic gesture, Comoros President Azali Assoumani has extended his heartfelt thanks to Morocco for its invaluable support in facilitating Comoros’ accession to the World Trade Organization (WTO). This milestone, achieved in February, marks a pivotal moment in Comoros’......
In a curious twist of fate, Morocco's real estate market encountered a puzzling dynamic in the first quarter of 2024. While property prices showed a modest upward trend, the volume of transactions sharply declined, casting a perplexing shadow over the sector's dynamics. Data released by Bank......
In a bid to provide timely financial relief during the festive period of Eid Al-Adha, Morocco's Deposit and Management Fund (CDG) has announced the early disbursement of pensions. This initiative will see pensions from retirement plans, solidarity fund annuities, and related assistance payments that......
Dubai's investments in Morocco have surged to an impressive $2.1 billion over the past decade, signaling a robust deepening of bilateral trade relations. As of the first quarter of 2024, the Dubai Chamber has registered approximately 850 Moroccan companies, with 99 new members joining in just the......
In a year marked by significant strides in energy development, Chariot, an Africa-focused transitional energy company, has reported impressive advancements across its gas, renewables, and green hydrogen projects, particularly in Morocco. The company's audited final results for 2023 highlight a series......
Casablanca was featured among the top 200 emerging ecosystems globally and ranked eighth in the MENA region. The Global Startup Ecosystem Report (GSER) 2024, unveiled by Startup Genome on June 10 during London Tech Week, has spotlighted Ben Guerir as a burgeoning force in the worldwide startup arena.......
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