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Keywords: Growth


Moroccan Economy Set for Steady Growth: Central Bank Forecasts 2.7% Expansion in 2023

In a promising outlook for the Moroccan economy, Bank Al-Maghrib (BAM), the country's central bank, has projected a growth rate of 2.7% for the year 2023, with further improvements anticipated in the following years. The latest quarterly meeting of BAM has illuminated the positive trajectory, indicating......

Moroccan Airports Set New Passenger Record: Over 24.7 Million Travelers by End of November

In a remarkable achievement, Moroccan airports have witnessed a surge in passenger traffic, with a staggering figure of 24,737,734 passengers recorded until the end of November. This represents a notable 7% increase compared to the same period in 2019 and an impressive 34% growth compared to 2022, as......

Advancing Morocco's Regional Empowerment: A Call for Swift Implementation

Morocco is intensifying its efforts to bolster regional empowerment through the advanced regionalization plan, as highlighted by top senator Enaam Mayara. Addressing a parliamentary forum last week, the Speaker of the House of Councilors called upon stakeholders to strategize ways to expedite the comprehensive......

Funding Secured for Vital Guercif-Nador Highway to Boost Morocco's Transport and Economy

The African Development Bank (AfDB) has allocated €246 million to fund the construction of the strategic Guercif-Nador highway in Morocco. This initiative is poised to revolutionize transportation infrastructure and catalyze economic growth. The funding package comprises €200 million from......

Senegal and Morocco Forge Alliance to Harness Tech Hub Potential

A strategic alliance is set to unlock the full potential of Senegal's National Digital Technologies Park (PTN) through the expertise and vision of Morocco. Ewane, a leading player in rental housing and an affiliate of Morocco's esteemed Caisse de Dépôt et Gestion (CDG) Group, has......

Billboard Arabia Unveils Platform and Charts to Showcase Arab Music Excellence

Billboard Arabia has introduced the Billboard Arabia Hot 100 and Billboard Arabia Artist 100, two flagship charts aimed at showcasing and supporting the exceptional talent in the Arab music scene. This groundbreaking platform is the outcome of a strategic partnership between media conglomerate SRMG......

Ensemble Maroc Expands Total Stations Presence with the Support of Venezia Ice

Two years after falling under the stewardship of investment fund manager Adenia, facilitated through Overseas Catering Services (OCS), the holding company overseeing contract catering operations in Morocco, Ivory Coast, and Senegal, Ansamble Morocco is actively advancing its foray into the complementary......

Morocco Bio Charts Bold Growth Plans for the Organic Sector

Morocco's organic industry has revealed an ambitious strategic roadmap, aiming to propel significant growth. Maroc Bio, the country's exclusive organic trade group, is intensifying efforts to support farmers transitioning to organic methods, particularly by simplifying access to government subsidies. During......

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