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Keywords: Industry


Morocco strengthens automotive sector with Renault partnership expansion

Morocco’s Prime Minister Aziz Akhannouch met with François Provost, CEO of Renault Group, on October 29, 2025, in Rabat. Joined by Morocco’s Minister of Industry and Trade, Riyad Mezzour, the meeting underscored the country’s commitment to bolstering its automotive sector and......

Morocco to host 3rd National Industry Day, advancing economic innovation and sustainability

Morocco is set to host the third edition of the National Industry Day (JNI) on November 3 and 4 at the Sofitel Jardin des Roses in Rabat. Organized by the Ministry of Industry and Trade in partnership with the General Confederation of Moroccan Enterprises (CGEM), the event underscores the critical role......

National Industry Day: Ensuring the competitiveness of “Made in Morocco”

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 faces $1.1 billion loss amid EV strategy overhaul and declining demand

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 to produce its first aircraft engine by 2027, boosting aerospace ambitions

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 2026 finance bill tackles informality and boosts local industries

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......

AI boom drives global memory chip shortage and rising prices

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 increases defense budget to $15.7 billion for 2026

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 launches major maintenance hub for F-16 and C-130 aircraft

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......

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