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Keywords: Growth
Maroc Telecom reported a consolidated revenue of 9.1 billion dirhams by the end of March 2024, marking a 1.2% increase. This growth is primarily attributed to rising international revenues, which partially mitigated the decline in revenues within Morocco. The positive operational and financial outcomes......
Moroccan airports experienced a significant increase in air traffic during the first quarter of 2024, indicating a thriving tourism industry. According to reports from the National Airports Office (ONDA), the total number of passengers reached 6.8 million by the end of March, representing a 14% increase......
In Rabat, a notable diplomatic meeting took place today between Morocco's Minister of Foreign Affairs and International Cooperation, Nasser Bourita, and his counterpart from the Republic of Sierra Leone, Timothy Musa Kabba. This high-level encounter marks a pivotal moment in the evolving diplomatic......
Morocco is poised for robust economic growth, with projections by the International Monetary Fund (IMF) forecasting a 3.1% expansion in 2024. This positive outlook persists despite the country grappling with inflationary challenges. The IMF's latest forecast, unveiled during the spring meetings......
The United States is eager to collaborate closely with Morocco to facilitate trade, investment, and digital transformation, with the aim of driving economic growth. In a recent effort to explore Morocco's Artificial Intelligence (AI) landscape and promote its ecosystem development, the American Chamber......
The national economy of Morocco is reported to have grown by 2.9% in the first quarter of 2024, driven by a 4% increase in non-agricultural value added, according to the Haut-Commissariat au Plan (HCP). Despite a downturn in agricultural value added, economic activity continued to improve, mainly propelled......
The Spanish MPG group, a leader in maritime transport, logistics, and project cargo handling, has announced the opening of two branches in Casablanca and Tangier. "The decision to establish in Morocco was not taken randomly. The choice of Casablanca and Tangier responds to their strategic geographical......
GROHE, a subsidiary of LIXIL and one of the world's leading providers of complete bathroom and kitchen fittings, has announced the appointment of Stefan Schmied as the new leader of the IMEA region, which includes India and the subcontinent, the Middle East including Turkey, and Africa. In his new......
The Moroccan national economy showed a notable improvement in the fourth quarter of 2023, according to data released by the High Commission for Planning (HCP). Economic growth reached 4.1%, marking a significant increase compared to the same period in 2022, when it stood at 0.7%. Driven by domestic......
