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Keywords: Growth
Shanghai Carthane, a prominent Chinese automotive components manufacturer, has announced plans to establish a new subsidiary in Morocco under the temporary name Kaizhong Morocco. The company disclosed this strategic move on the Shanghai Stock Exchange as part of its efforts to strengthen its foothold......
Moroccan nationals now represent a significant portion of France's immigrant population, with over 603,482 valid residence permits issued in 2023, marking a 2.7% increase from the previous year. This development is part of a broader trend in North African immigration to France, where nationals from......
Morocco's airports processed over 32 million passengers in 2024, with plans to triple capacity by 2035, according to Transport and Logistics Minister Abdessamad Kayouh's report to the House of Representatives. The nation aims to expand its airport traffic significantly, targeting 60 million......
The Moroccan economy generated 82,000 new jobs in 2024, marking a significant recovery from the previous year's loss of 157,000 positions, according to the High Commission for Planning (HCP). This growth emerged primarily from urban areas, which added 162,000 jobs, while rural regions experienced......
Remittances from Morocco's diaspora reached MAD 117.7 billion ($11.7 billion) in 2024, marking a 2.1% increase from the previous year's MAD 115.26 billion ($11.4 billion), according to data from the Moroccan Exchange Office. The significant financial inflow maintains Morocco's position as......
Morocco's tourism sector has achieved remarkable success, with travel revenues soaring to MAD 112.5 billion ($11.1 billion) in 2024, marking a 7.5% increase from the previous year, according to data released by the Exchange Office. The surge in tourism activity is reflected in both revenue and visitor......
Morocco's aerospace industry demonstrated remarkable performance in 2024, with exports reaching MAD 26.45 billion, marking a 14.9% increase from the previous year. The assembly segment emerged as a key driver, expanding by 23.6% to MAD 17.23 billion, while the Electrical Wiring Interconnection System......
Accor Group has announced the implementation of a new organizational structure in Morocco designed to accelerate its growth in the local market and position the country as a key travel destination. The company highlighted that the focus of this initiative is on operational excellence and diversifying......
The 8th edition of Les Impériales Week concluded in grand style, marked by inspiring speeches and memorable moments. Held under the theme “The Paradigm Shift – Business. People. Tech.,” the event brought together key players in communication, marketing, and media, transforming......
