Keywords: Industry
The 3rd edition of the National Industry Day (JNI), to be held on November 3–4, will shine the spotlight on “Made in Morocco”. Held under the High Patronage of His Majesty the King, the event is organized by the Ministry of Industry and Trade (MIC) and......
Porsche AG has reported its first quarterly loss since becoming a publicly traded company, with an operating deficit of €967 million ($1.1 billion) for the third quarter of 2025. This dramatic downturn reflects the luxury automaker's costly strategic pivot on electric vehicles (EVs) and weak......
Morocco is set to bolster its aerospace sector with plans to produce its first aircraft engine by 2027 or 2028, marking a significant milestone in the country’s industrial development. Minister of Industry Ryad Mezzour attributed this advancement to King Mohammed VI’s vision and Morocco’s......
Morocco’s draft 2026 Finance Bill introduces sweeping reforms designed to strengthen economic sovereignty, modernize customs oversight, and provide targeted support for local industries. The proposals aim to combat informal activities, incentivize sports enterprises, and align the country with......
A surge in artificial intelligence (AI) investments has triggered a global shortage of conventional memory chips, disrupting supply chains and driving up prices across the tech industry. The shift to high-bandwidth memory (HBM) chips, critical for AI workloads, has left manufacturers struggling to meet......
Morocco has once again raised its defense spending, allocating MAD 157.171 billion ($15.7 billion) for 2026, according to the draft finance law submitted to parliament. The funds are earmarked for the acquisition and maintenance of equipment for the Royal Armed Forces (FAR) and to support the growth......
Morocco has taken a significant step in strengthening its aerospace infrastructure with the start of construction on a new heavy maintenance hangar for F-16 and C-130 aircraft at Benslimane Airport. The initiative, led by Maintenance Aero Maroc (MAM), marks a new phase in the country’s ambition......
Nestlé’s new CEO has announced a global workforce reduction of 16,000 jobs, representing 5.7% of its total employees, over the next two years. The decision comes as part of a broader effort to adapt to a rapidly changing market and to boost efficiency amid slowing growth. The announcement......
Morocco has taken a significant step toward becoming a global aerospace powerhouse with the inauguration of Safran’s new aircraft engine complex in Nouaceur. Presided over by His Majesty King Mohammed VI, the event marks the country's entrance into the elite group of nations capable of producing......
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