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Keywords: Growth
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 economy is set to expand by 3.9% in 2025, with a subsequent growth rate of 3.7% anticipated for the following year, according to the latest forecast from the International Monetary Fund (IMF). This outlook was unveiled during the Spring Meetings of the IMF and World Bank held in Washington,......
During the final quarter of 2024, the national economy posted a 3.6% growth compared to the same period the previous year, according to a recent report by the High Commission for Planning. This performance was primarily fueled by stronger domestic demand. Though this growth rate was slightly below the......
Leaders from various sectors convened at GITEX Africa 2025 for a pivotal discussion on the necessity of enhancing operational technology (OT) security as Africa accelerates its digital industrialization. The panel, titled “Building Digital Resilience: The Future of OT Security in Africa’s......
The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2025, citing "escalating trade tensions" linked to U.S. tariffs. After a period of relative calm, global oil markets have been shaken by a wave of tariff announcements in early April, according to the......
Morocco has achieved remarkable progress in its urban planning initiatives, surpassing 90% coverage of local municipalities. Currently, 1,341 out of 1,503 communes are operating under approved urban planning documents, reflecting a significant commitment to effective land management and sustainable development. According......
Morocco is making waves in the video gaming arena by participating in the International Arab League of Legends Championship, which commenced on Friday and is hosted by the Emirates Federation for Electronic Sports. This tournament, launched in collaboration with the Arab Middle East for Esports company,......
A delegation led by Chilean Senate President Manuel José Ossandón met with Mohamed Ould Errachid, President of Morocco’s House of Councilors, in Laayoune on Thursday. This high-level meeting occurred during the Andean Parliament’s historic session in Morocco and focused on expanding......
Al Barid Bank has announced remarkable financial results for the year 2024, with its Group Net Profit reaching MAD 871.38 million ($87.14 million), reflecting a staggering 196% increase compared to 2023. This impressive performance was unveiled during a Supervisory Board meeting on March 28. The bank's......
