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Keywords: Growth


Ethiopian Cargo Expands Maghreb Presence with Casablanca Inauguration

Ethiopian Cargo & Logistics Services has soared into Casablanca's airspace, marking its 35th freighter destination and strengthening its Maghreb presence. The inaugural flight, operated by a Boeing 777-200F, capable of transporting over 100 tons of cargo, signifies the carrier's commitment......

Morocco’s Economic Growth to Slow by 2.4% in First Quarter of 2024

Morocco's economic growth is expected to decelerate in the upcoming months due to prolonged drought conditions severely impacting the farming industry, states a recent report by the High Commission for Planning. According to the report released on Thursday, Morocco's GDP growth is anticipated......

Automobile Exports Sustain Impressive Momentum, Driving Economic Surge

In a remarkable display of resilience and growth, the automotive sector's exports surged to over 130.64 billion DH by the end of last November, marking a substantial 30.2% year-on-year increase, as reported by the Office of Foreign Exchange. This surge finds its roots in the expanding sales within......

Morocco: An Emerging Force in the Outsourcing Sector

In recent years, the Kingdom of Morocco has emerged as a key player on the global outsourcing stage. Ranked as the second-best destination in Africa and 28th internationally, experiencing a remarkable ascent of 12 positions according to the Global Services Location Index (GSLI) 2023, the country has......

Morocco's National Police Force Elevates Careers: Over 7,500 Officers Promoted in 2023

The Directorate General of National Security (DGSN) in Morocco has recently revealed its decision to promote an impressive total of 7,513 police officers for the fiscal year 2023. This move represents a substantial increase in the promotion rate, soaring to 66.02%, a remarkable leap from the preceding......

French Automakers Drive Growth in Morocco's Thriving Auto Industry

Morocco's automotive industry has experienced significant growth in recent decades, marked by impressive achievements in exports and job creation. Over the past ten years, double-digit average growth in both these key indicators has propelled the sector to an annual revenue exceeding 85 billion dirhams,......

Morocco's GDP Displays Robust Growth in the Third Quarter of 2023

In the third quarter of 2023, Morocco's national economic growth experienced a significant upswing, reaching 2.8% compared to the 1.7% recorded during the same period in 2022, as reported by the High Commission for Planning (HCP). This positive development is attributed to a 2.7% increase in non-agricultural......

Exceptional Performances Elevate Moroccan Craftsmanship to New Heights

In a remarkable achievement, the Moroccan craft sector continues its outstanding performance, reaching a staggering 984 million dirhams by the end of November 2023, marking a notable 7% increase from the previous year. Minister of Tourism, Craftsmanship, and Social and Solidarity Economy, Fatim-Zahra......

Marrakech-Safi: Defying Global Economic Headwinds with a Surge of Investments

In the face of challenging global economic conditions, Morocco's Marrakech-Safi region exhibited remarkable resilience in 2023, maintaining robust economic growth throughout the year. The region experienced a staggering influx of investments, surpassing 119 billion Moroccan dirhams, marking a remarkable......

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