Keywords: Industry
London-based diversified metals and minerals producer Xtract Resources Plc has acquired two exploration licenses in Morocco’s Khenifra province, signaling a strategic move to tap into the region’s mineral wealth. The licenses, purchased through its 80%-owned subsidiary Wildstone SARL for......
Moroccan jewelers are preparing to launch a gold import company under the leadership of the Moroccan Federation of Jewelers. This initiative seeks to combat the dominance of the informal market and establish a more regulated and stable gold industry in Morocco. Tackling informality in the gold sector The......
Aya Gold & Silver has announced the discovery of a potential new gold zone in Morocco, further advancing its exploration efforts in the country. The Canadian mining company revealed on Monday that the find was made at the Asirem site, located west of the Boumadine corridor. Aya described the area......
Morocco’s industrial landscape demonstrated strong growth in the second quarter of 2025, with overall industrial output rising 7% year-on-year, according to the High Commission for Planning (HCP). This performance underscores robust expansion in manufacturing, mining, and energy sectors, buoyed......
Morocco is actively pursuing a significant expansion of its economic exchanges with Kuwait, targeting a twofold increase in trade and investment partnerships. Ali Benaissa, Morocco's ambassador to Kuwait, emphasized the commitment of both nations to strengthening their economic cooperation during......
China announced on Saturday a two-year plan aimed at stabilizing growth in its automotive sector, which has been under pressure from an intense price war among manufacturers and rising trade barriers abroad. According to official figures, overall vehicle sales are expected to grow by about 3% in 2025,......
GPC Papier et Carton, a subsidiary of Ynna Holding and a leader in Morocco’s paper and corrugated cardboard packaging industry, has announced a significant investment of MAD 500 million ($55.56 million) to modernize its plant in Mohammedia. The upgrade aims to boost production capacity, adopt cutting-edge......
A $48 million investment in sustainable industry Morocco has inaugurated the AYA (Anouar Yieldest Additives) industrial project in Jorf Lasfar, a significant milestone in its strategy to enhance food sovereignty and agro-industrial development. The facility, backed by Anouar Invest with an investment......
In an unprecedented move highlighting the intersection of artificial intelligence and cryptocurrency, Microsoft has entered a five-year, US$17.4 billion agreement with Netherlands-based Nebius to supply GPU infrastructure for AI operations. The deal, which could expand to US$19.4 billion, underscores......
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