Economy
In a significant move aimed at bolstering its automotive sector, the Moroccan government has officially approved the expansion of the Tangier Automotive City, a key player in the nation’s free zone. This decision is poised to enhance the region's industrial capabilities and attract further......
Residents of Devon, UK, are expressing growing apprehension regarding the implications of a proposed power project in Morocco, which is set to establish a significant energy link between the two nations. This initiative, aimed at bolstering renewable energy resources, has sparked debates about its potential......
In a significant move to bolster economic ties and financial flows within the continent, Morocco has called for a multilateral approach aimed at increasing remittances from the African diaspora. This initiative underscores the vital role that remittances play in the economic stability and development......
In a strategic move aimed at enhancing the operational efficiency and modernization of Morocco's aviation sector, the National Office of Airports (ONDA) has announced the appointment of new directors for several key airports across the country. This initiative underscores the government's commitment......
The city of Xiamen, China, recently hosted the 2024 BRICS Forum focused on partnerships for a new industrial era on September 10 and 11. Morocco was represented by Ryad Mezzour, the Minister of Industry and Commerce, who emphasized the significance of the event for showcasing Morocco's industrial......
In a significant move to bolster social welfare, Morocco has extended direct financial assistance to over 431,000 widows across both urban and rural areas. This initiative, part of the government's broader strategy to enhance social protection, aims to alleviate the economic burdens faced by this......
In a notable development within the global energy market, Morocco and Egypt have emerged as the leading recipients of American thermal coal exports to Africa, collectively accounting for an impressive 98% of the total shipments to the continent. Recent data from the U.S. Energy Information Administration,......
In a significant move underscoring its dedication to ethical business practices, Credit du Maroc has successfully renewed the certification of its anti-corruption management system. This renewal, which aligns with the international standard ISO 37001, reflects the bank's ongoing commitment to combating......
In a significant development for Morocco's burgeoning cannabis sector, the city of Taounate has inaugurated the nation’s first legal cannabis production facility. This landmark event marks a pivotal shift in the country’s approach to cannabis cultivation and commercialization, reflecting......
In a notable development for the energy sector, Chariot Limited has confirmed substantial gas discoveries at its offshore Anchois project in Morocco. This announcement marks a pivotal moment for the company and the region, as it underscores the potential of Morocco's natural gas reserves. The exploration......
In a remarkable display of logistical prowess, Moroccan ports welcomed over 2.8 million passengers during the Marhaba 2024 operation, a seasonal initiative designed to facilitate the return of Moroccans living abroad. This year’s figures reflect a significant increase compared to previous years,......
In a significant development for the energy sector, Falcon Energy Materials has announced a strategic collaboration with Hensen to construct a state-of-the-art anode manufacturing plant in Morocco. This partnership aims to bolster the production of essential materials for the burgeoning electric vehicle......
In a significant diplomatic engagement, the Head of the Moroccan Government, Aziz Akhannouch, recently met with the Secretary-General of the Organization for Economic Co-operation and Development (OECD), Mathias Cormann, to address pressing global economic concerns. The meeting, held in Rabat, underscores......
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