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Keywords: Economy


Morocco's ambitious plans for natural gas terminal in Nador

Morocco is intensifying its efforts to diversify its gas resources, with plans to develop the first phase of a liquefied natural gas (LNG) terminal near Nador, a city in the east of the country. Energy Minister Leila Benali announced the government's commitment to initiating an action plan during......

Morocco's automotive industry: Aiming for a sustainable future

Morocco is charting a course toward a greener and more autonomous automotive future. The Moroccan automotive industry, backed by public authorities, is undergoing a profound transformation with ambitious goals for local integration and the production of electric vehicle batteries. At the eighth edition......

Moroccan dirham strengthens against dollar as market stability returns

The Moroccan dirham has appreciated by 2.3% against the US dollar while experiencing a slight decline of 0.6% against the euro, as reported by Bank Al-Maghrib (BAM). This currency fluctuation indicates a brief period of strength for Morocco's national currency amidst ongoing financial adjustments. In......

Morocco and Mauritania forge partnership for Nouakchott Stock Exchange

Morocco and Mauritania have reached a significant milestone in their economic collaboration with the signing of a protocol agreement to establish the Nouakchott Stock Exchange. This development marks a new chapter in the relationship between Rabat and its southern neighbor. Formalized on Thursday between......

Casablanca Finance City: A key asset in strengthening Moroccan-Irish partnership

Casablanca Finance City (CFC) has been highlighted as a significant asset in bolstering the economic partnership between Morocco and Ireland, according to a recent feature in the Irish publication BusinessPlus Magazine. Ger Corbett, Chief Executive Officer of the Sandyford Business District (SBD), one......

Morocco strengthens automotive sector with new agreements

Morocco is advancing its robust automotive industry, which consistently attracts global industry leaders. Recently, a coalition of Moroccan institutions, including key ministries and employment agencies, signed two agreements aimed at enhancing the sector through employment and training initiatives. The......

Africorp Mining secures ONHYM tender for Naour copper deposit in Morocco

Africorp Mining has successfully acquired an international tender issued by Morocco’s National Office of Hydrocarbons and Mines (ONHYM) for the operation of the Naour copper deposit in the Beni Mellal province. This significant project involves a total investment exceeding MAD 230 million (approximately......

Exposing the Illusion of Luxury: China's Challenge to Western Brands Amid Tariff Conflicts

Chinese manufacturers and social media influencers are revealing the truth behind Western luxury brands, as escalating tariffs under the Trump administration highlight weaknesses in economic strategy. The narrative of the famous folktale “The Emperor’s New Clothes” finds a modern parallel......

Morocco's ambitious highway project connects Marrakech and Fès

Preliminary studies are officially underway in Morocco to define the technical specifications and financial arrangements for a new highway project linking Marrakech to Fès via Beni Mellal and Khénifra. The estimated cost of this infrastructure is approximately 28 billion dirhams. According......

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