Keywords: Industry
In a recent workshop focusing on the medical use of cannabis, experts revealed that Morocco's newly legalized cannabis production industry could contribute a staggering annual revenue ranging from $421.8 million to $632.7 million by the year 2028. This projection, shared by Mohamed El Bouhmadi, the......
In a strategic move to adapt to the evolving market landscape, the renowned e-commerce titan Amazon has unveiled plans to trim its corporate and technology workforce globally. This restructuring initiative, which is set to impact approximately 10,000 positions, represents a pivotal adjustment in the......
To safeguard domestic industry interests, the Ministry of Industry and Commerce has announced the imposition of provisional anti-dumping duties on Turkish electric ovens. This decision follows an investigation initiated in August 2023, which concluded the existence of dumping practices detrimental to......
In a significant stride toward bolstering Morocco's automotive industry, agreements have been signed for the establishment of two major industrial projects at the Mohammed VI Tangier Tech City. These projects are operated by global leaders in the automotive battery industry: the HAILIANG Group and......
The textile industry has undergone a significant transformation with the rise of fast fashion, a phenomenon primarily affecting the ready-to-wear sector. Characterized by a staggering number of new designs and constant collection renewals, accelerated production cycles, and inexpensive clothing have......
In a bid to quell the escalating tensions between traditional taxi services and ride-hailing applications during the peak summer season, Morocco's Minister of Interior, Abdelouafi Laftit, has unveiled a comprehensive set of regulations aimed at modernizing and streamlining the nation's taxi sector.......
In the ever-competitive realm of commercial aviation, Saudia, the national airline of Saudi Arabia, has firmly established itself as one of the fastest-growing airline brands on the global stage, according to Brand Finance's annual report on the top 50 airline brands. Saudia's brand value has......
In a significant development amid rising geopolitical tensions between the United States and China, Zhejiang Hailiang Co., a leading Chinese producer of copper tubes and rods, has announced plans to invest $288 million in a new manufacturing facility in Morocco. This strategic move underscores the company's......
In a proactive effort to safeguard public health and ensure adherence to rigorous hygiene standards, authorities in Marrakech have initiated a comprehensive surveillance campaign targeting fast-food establishments throughout the city. This operation aims to verify that proprietors of these eateries are......
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