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Keywords: Growth


Morocco's Sustainable Mining Industry Takes Center Stage at IMC Morocco 2024

Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, underscored the Kingdom’s commitment to fostering a sustainable mining industry during her speech at the first International Mining Congress of Morocco (IMC Morocco 2024) in Marrakech on Tuesday, according......

Morocco’s Domestic Tourism: A Bold Plan to Break Seasonal Barriers

Morocco’s domestic tourism sector is experiencing a significant boost, with over 30 million overnight stays recorded recently, according to Tourism Minister Fatim-Zahra Ammor. Speaking to Parliament, Ammor described Moroccan tourists as the sector’s “top clients,” emphasizing......

Morocco's Tourism Ranking Drops Despite Sector Growth

Morocco's tourism industry faces growing challenges as the country’s position in the World Economic Forum’s Travel & Tourism Development Index drops 12 spots to 82nd out of 119 nations. The decline highlights the persistent issues within the sector, particularly in infrastructure......

China and Morocco Deepen Electric Vehicle Battery Partnership

Chinese companies are increasingly investing in Morocco's burgeoning electric vehicle (EV) industry, drawn by the country's strategic location and opportunities tied to U.S. subsidies. A recent article by the South China Morning Post highlighted the growing collaboration, marking a pivotal moment......

Morocco’s Aerospace Exports Soar to $2.16 Billion in 2024, Fueling Economic Growth

Morocco's aerospace sector has seen significant growth in 2024, with exports reaching MAD 21.86 billion ($2.16 billion), marking an impressive 17.3% increase compared to the previous year. This rise reflects a robust performance, particularly in the assembly segment, which alone grew by 26.9%, bringing......

Morocco’s Trade and Services Show Positive Growth Despite Increased Deficit

Morocco's export sectors have experienced notable growth, positioning the country as a rising force in global trade, especially in services. As of October, Morocco's trade exports reached MAD 373.54 billion ($37.4 billion), reflecting a 6.2% increase compared to MAD 351.66 billion ($35.21 billion)......

Moroccan Diaspora’s Remittances Hit $10 Billion in October, Bolstering Economic Growth

Morocco’s economy continues to benefit from robust remittances sent by its diaspora, with recent data from the country’s Exchange Office revealing that these transfers reached MAD 100.290 billion ($10 billion) by the end of October 2024. This marks a notable increase from MAD 96.51 billion......

Over 61,000 New Businesses Created in Morocco by August 2024

Morocco has witnessed an impressive surge in entrepreneurial activity, with over 61,000 new businesses established by August 2024, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). The report highlights a remarkable growth in the business landscape, with a total of 61,178......

 Akdital’s Expansion Drives Revenue to 2 Billion Dirhams by September 2024  

Akdital has achieved remarkable growth, reporting revenues of 2 billion dirhams by the end of September 2024, reflecting a 52% increase in turnover. This achievement is primarily attributed to the group's strategic expansion of its national network. A key milestone in this expansion was the opening......

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