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Keywords: Economy


Morocco highlights investment potential at 'Morocco Now' conference in Madrid

Morocco showcased its economic strengths and investment opportunities during the “Morocco Now” conference held on Tuesday in Madrid. The event, themed “Investing together for a sustainable and shared future,” attracted major economic players from both Morocco and Spain. It aimed......

Tanger Med Port achieves $1.2 billion revenue in 2024, solidifying its role as a key Mediterranean hub

The Tanger Med Port concluded the 2024 fiscal year with an impressive revenue of MAD 11.23 billion ($1.212 billion), reflecting a robust increase of 12.3% compared to the previous year. This prominent Moroccan port has established itself as a pivotal regional hub, facilitating significant national imports......

Morocco's housing support program benefits thousands and boosts economy

Morocco’s Direct Housing Support Program has successfully reached 48,000 beneficiaries since its inception on January 2, 2024. The program has secured funding totaling MAD 3.8 billion (approximately $380 million), according to Fatima Zahra El Mansouri, Minister of National Territory Planning, Urban......

Morocco shines as guest of honor at China-Arab business conference

Organizers have designated Morocco as the guest of honor at the high-profile gathering of the 11th China-Arab Business Conference, which kicked off today in Haikou, China. The two-day event, part of the larger China-Arab States Cooperation Forum, is set to bring together over 1,000 participants, including......

Strengthening ties: Morocco and China at the forefront of industrial partnership

Morocco’s trade minister delivered a compelling address at the China-Arab States Cooperation Forum, which is hosting over 1,000 participants, including local economic operators and Moroccan entrepreneurs based in China. This year, Morocco is honored as the guest of honor at the forum, a distinction......

World Bank report highlights challenges for businesses in Morocco's informal sector

A new World Bank report has spotlighted a troubling trend within the Middle East and North Africa (MENA): since 2000, per capita GDP growth in the region has consistently lagged behind that of comparable economies. This stagnation is largely attributed to the underperformance of the private sector, which......

Morocco's ONMT restructures to enhance tourism appeal

The Moroccan National Tourism Office (ONMT) has announced a significant structural reorganization aimed at boosting Morocco's global tourism appeal. This initiative is part of the office's ongoing strategy to attract 26 million tourists by 2030. In a recent statement, ONMT revealed that the......

Morocco's high-speed rail project highlights national workforce expertise

Morocco’s National Railway Office (ONCF) has underscored the significance of the nation's skilled workforce engaged in the recently inaugurated Kenitra-Marrakech high-speed line project. Khalid Khairane, director of high-speed line projects at ONCF, announced on Thursday that the new line......

Trump Authorizes Expansion of Deep-Sea Mining to Secure Strategic Minerals

In a move that has sparked both economic anticipation and environmental concern, President Donald Trump signed an executive order to promote deep-sea mining across U.S. and international waters. The aim is to strengthen U.S. access to vital minerals and reduce reliance on China, which currently dominates......

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