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Keywords: Economic growth


Morocco Unveils Strategic Plan for 2030 World Cup Co-Hosting Bid

Morocco has set its sights on co-hosting the 2030 FIFA World Cup alongside Spain and Portugal. In a Ministerial Council chaired by King Mohammed VI, the nation outlined ambitious plans to meet FIFA's high standards and solidify its position as a key player in global sports. During the council meeting,......

Morocco’s Growing Role in the Belt and Road Initiative

Chinese President Xi Jinping has reaffirmed China’s commitment to strengthening bilateral ties with Morocco, underscoring the North African country's pivotal role in advancing the Belt and Road Initiative (BRI). This follows a brief but significant visit by President Xi to Casablanca, where......

Morocco Awards MAD 2.32 Billion Contract for High-Speed Rail Expansion

Kenitra-Marrakech LGV Project Advances with Gezhouba's Viaduct Deal Morocco's ambitious high-speed rail project connecting Kenitra to Marrakech has taken a significant step forward. The China-based Gezhouba Group has secured a MAD 2.32 billion ($225 million) contract to construct critical viaducts......

A New Chapter for Moroccan Tourism Achraf Fayda Takes the Helm of ONMT

On Monday, November 25, 2024, Achraf Fayda was officially appointed as the new Director General of the Moroccan National Tourist Office (ONMT) during a ceremony held in Rabat. This appointment, following his designation at the most recent Government Council, marks a pivotal moment in the leadership of......

Strengthening Ties: Morocco's Strategic Partnership with the United States

In a recent interview with the esteemed magazine 'Leaders', Morocco's Ambassador to the United States, Youssef Amrani, provided an insightful overview of the evolving Moroccan-American relations, highlighting the remarkable ascent of what he describes as an "exceptional partnership characterized......

Rachel Reeves Sets the Stage for Economic Transformation

In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......

Morocco Unveils $735 Million Highway Expansion Plan Ahead of 2030 World Cup

Morocco is set to dramatically expand its motorway infrastructure through a comprehensive MAD 7.74 billion ($735 million) investment plan spanning 2025-2027. The initiative aims to add 1,000 kilometers of new highways to the nation's transportation network, strengthening its position as home to Africa's......

World Bank Strengthens $8 Billion Development Partnership with Morocco

The World Bank has reinforced its commitment to Morocco's development agenda, highlighting a robust partnership that encompasses 27 active projects valued at $8 billion. This announcement comes one year after the landmark 2023 Annual Meetings held in Marrakech. The institution's renewed dedication......

Women-Led SMEs Take Center Stage at ECA's North African Economic Forum

The Economic Commission for Africa (ECA) has concluded a significant policy dialogue in Rabat, Morocco, focusing on empowering women-led small and medium enterprises (SMEs) across North Africa. The two-day high-level meeting marked the culmination of a comprehensive two-year initiative aimed at strengthening......

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