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Former BMW Executive Appointed to Spearhead Morocco's Investment Strategy

In a significant move to enhance Morocco's economic landscape, King Mohammed VI has appointed Karim Zidane as Minister Delegate for Investment, Convergence, and the Evaluation of Public Policies (MICEPP), marking a strategic shift in the nation's approach to investment and governance. Zidane,......

Morocco's 2030 World Cup Ambitions: Balancing Tourism Growth and Sustainability

As Morocco gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal, the North African nation is taking strategic steps to bolster its tourism sector while addressing concerns about potential overtourism. The country's ambitious plans aim to double visitor numbers and significantly......

Moroccan Investors Reshape Spain's Real Estate Landscape: A 2024 Market Analysis

In a significant shift within Spain's property market, Moroccan investors have emerged as key players, securing their position as the second-largest group of foreign buyers in the second quarter of 2024. This development, reported by the online platform Merca2, highlights a growing trend that has......

Morocco Strengthens Textile Ties with China: A Strategic Move for Economic Growth

Morocco is taking significant steps to bolster its textile industry by forging stronger partnerships with China, a global powerhouse in textile manufacturing. This strategic move comes as part of Morocco's broader efforts to attract foreign investment and position itself as a key industrial hub in......

Morocco: A Strategic Investment Destination Fueled by Free Trade Agreements with the U.S. and Europe

The United States Ambassador to Morocco, Bonnet Talwar, has highlighted the significance of Morocco's free trade agreements with Europe and the United States, positioning the country as a vital bridge between continents and an attractive destination for foreign investment. During a statement made......

Musk's UK Summit Snub Sparks Backlash and Questions

In a surprising turn of events, Elon Musk, the world's richest individual, has found himself at the center of a controversy after being excluded from the UK government's International Investment Summit. The billionaire entrepreneur has not taken this slight lying down, lashing out on X, formerly......

Morocco's Foreign Investment Surge: A Promising Economic Turnaround

Morocco's economy has witnessed a remarkable surge in foreign investment, with a significant 46.8% increase recorded in 2024. This impressive growth has positioned the country as an attractive destination for international investors, solidifying its status as a key player in the global investment......

Egypt's Soaring Interest Rates: A Double-Edged Sword for Economic Growth

Egypt currently holds the distinction of having the highest interest rates among all Arab nations, with a staggering 27.25% set by its central bank. This monetary policy decision reflects Egypt's aggressive strategy to attract foreign investment in treasury bonds and bills, particularly in response......

A New Era: JTI Unveils First Eco-Friendly Factory in Morocco

Tetouan Park, Tanger Med Region – Japan Tobacco International (JTI) has officially commenced the construction of its pioneering Green Factory in North and West Africa, marking a significant milestone in the company's sustainable development journey. Strategically situated in the Tetouan Park......