Economy
Morocco and China reaffirmed their shared commitment to deepening economic cooperation during a high-level meeting in Rabat, where Head of Government Aziz Akhannouch welcomed a delegation from China’s Anhui province led by Liang Yanshun, Secretary of the Chinese Communist Party for the region. The......
Marsa Maroc has finalized a major agreement with Chinese manufacturing giant ZPMC to supply 18 next-generation container gantries, as part of its strategic push to enhance Moroccan port infrastructure under its “Marsa 2030” vision. The deal was concluded during a meeting in Casablanca between......
India’s Defense Minister Rajnath Singh is set to embark on a four-day visit to Morocco, signaling New Delhi’s growing interest in strengthening its defense and industrial partnerships across Africa. The trip underscores India’s ambition to expand its footprint in the region, offering......
Leapmotor, a leading Chinese electric vehicle (EV) manufacturer, has officially launched in Morocco, marking a major step forward in the kingdom’s transition towards cleaner and more sustainable transportation. This announcement comes under the strategic partnership with Stellantis, the automotive......
Elon Musk has made a bold move to reinforce confidence in Tesla, purchasing nearly $1 billion worth of its stock in open-market transactions. This marks his first such acquisition since 2020, as Musk acquired approximately 2.57 million shares at prices ranging from $372.37 to $396.54 per share. The transaction......
In March 2025, Morocco launched an ambitious energy strategy under the Offre Maroc initiative, committing $35.15 billion (MAD 319 billion) to green hydrogen development across its southern provinces. This initiative aims to position the country as a global leader in green hydrogen production, targeting......
China's unprecedented investment in renewable energy is driving a global shift that could significantly curtail fossil fuel consumption by 2030, according to a new analysis by the clean energy think tank Ember. Once a major driver of global fossil fuel demand, China's transformation into a clean......
Taiwan’s exports soared to an unprecedented $58.5 billion in August, marking a 34.1% year-on-year increase and the island's highest-ever monthly trade performance. This significant growth defied concerns over newly imposed U.S. tariffs and underscored Taiwan’s pivotal role in the global......
The resignation of Japan’s Prime Minister Shigeru Ishiba has triggered a rally in Asian markets, driven by optimism over potential fiscal stimulus under his successor. The announcement overshadowed weaker-than-expected Chinese export data, as investors shifted focus to the likelihood of more accommodative......
ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......
The United Arab Emirates has emerged as Morocco’s largest foreign investor in 2024, injecting MAD 3.1 billion ($310 million) into the economy, according to a report by Morocco’s Office des Changes. This represents 18.9% of Morocco's total net foreign direct investment (FDI), reflecting......
Morocco has emerged as a leading player in Africa's renewable energy landscape, ranking as the continent’s fourth-largest importer of solar panels from China. A new report highlights the country’s dedication to achieving its renewable energy targets, reinforcing its global reputation......
Chinese automotive components manufacturer Heilongjiang Tianyouwei Electronics Co., Ltd. has unveiled plans to establish a wholly-owned subsidiary in Morocco, committing €65 million to the project. This significant investment signals a shift in Chinese automotive capital toward high-value segments,......
