Keywords: Expansion
In a strategic move to enhance tourism, Morocco is targeting the Brazilian market with plans to double the number of Brazilian tourists within three years. The Moroccan National Tourism Office (ONMT) is spearheading these efforts, capitalizing on the resumption of the direct Casablanca-Sao Paulo flight......
China's BTR Group has unveiled plans to construct a lithium-ion battery plant in Tangier Technology City, Morocco. This ambitious project, valued at $366 million, is slated for completion in approximately two years and marks a pivotal move in BTR's global expansion strategy. The facility aims......
In a strategic move to cater to the burgeoning demand for winter sun escapes, Irish airline Aer Lingus has announced the launch of a new flight route connecting Dublin to Marrakech. This service, set to commence on October 26, will operate three times a week, offering travelers an enticing blend of culture,......
Paris Saint-Germain (PSG) is set to deepen its connections with Morocco by unveiling a cutting-edge football academy in Casablanca, scheduled to open in September 2024. This initiative underscores the club's commitment to nurturing young talent and strengthening its presence in the region. Located......
Ambitious Project to Strengthen Morocco's Rail Connectivity and Economic Growth In a decisive move to enhance its transportation infrastructure, Morocco's National Office of Railways (ONCF) has awarded a significant contract to a consortium led by the French engineering firm Egis Rail, in partnership......
In a significant development for Morocco's financial landscape, Islamic financing, known locally as participative financing, has experienced substantial growth in 2023. According to the latest report from Bank Al-Maghrib (BAM), the central bank of Morocco, the sector reached a total of MAD 21.4 billion......
In a significant industry move, South Korea's LG Energy Solution (LGES) is eyeing Morocco as a potential site for a new Electric Vehicle (EV) battery production facility. This strategic consideration comes as the company aims to strengthen its foothold in the European market amidst changing trade......
Maroc Telecom, Morocco's foremost telecommunications provider, has reported a significant 5.1% increase in its customer base for the first half of 2024, reaching a total of 78.4 million subscribers. This growth comes despite facing stiff competition and legal challenges in its domestic market. The......
In the shadow of Gaza's devastation, where millions of Palestinians are struggling to survive amidst a dire humanitarian crisis, the Israeli cabinet continues to approve settlement outposts in the West Bank. This ongoing expansion presents a formidable obstacle to the viability of a two-state solution,......
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