Keywords: Growth
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......
Morocco's aerospace industry continues its trajectory of growth, with exports showing a significant increase in the first two months of 2024. According to data provided by the Office des Changes, the sector's exports reached over 3.89 billion dirhams (MMDH), marking an impressive rise of 18.7%......
In an era fraught with global tribulations, Morocco has emerged as a paragon of resilience, surmounting economic challenges and distinguishing itself on the world stage. The North African nation's extraordinary economic performance, marked by sturdy growth and a sharp decline in inflation, has captivated......
Moroccan institutions, the Caisse de Dépôt et de Gestion (CDG) and the National Office of Railways (ONCF), have cemented a strategic alliance aimed at propelling the nation's economic development through sustainable initiatives. Directors Khalid Safir and Mohamed Rabie Khlie have formalized......
Morocco's tourism sector is experiencing a notable resurgence, with more than 2.1 million tourists visiting the North African nation in the initial two months of 2024, as per the latest data released by the Ministry of Tourism. This figure indicates a significant 14% growth compared to the corresponding......
In a pivotal gathering held in the Swiss capital of Bern, Moroccan Minister of Industry and Trade Ryad Mezzour and Swiss Federal Councillor for Economic Affairs, Education, and Research Guy Parmelin convened to outline strategies for bolstering economic cooperation between their nations. This meeting......
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