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Keywords: Infrastructure
The World Bank has reaffirmed its commitment to supporting Morocco in its preparations for hosting the 2030 FIFA World Cup. Ousmane Dione, the institution’s vice president for the Middle East and North Africa, made this declaration during a meeting on Wednesday with Fouzi Lekjaa, Morocco’s......
Hyundai Rotem has signed a historic $1.5 billion (2.2 trillion won) contract with Morocco’s National Railways Office (ONCF) to supply double-decker trains, marking the largest order ever secured by the South Korean company. The agreement, announced on Wednesday, underscores a significant step in......
In a significant move ahead of the holy month of Ramadan, His Majesty King Mohammed VI, Amir Al-Mouminine, has directed the opening of mosquées that have been newly constructed, reconstructed, or restored by the Ministry of Habous and Islamic Affairs. This initiative underscores the Kingdom’s......
Alibaba, China's leading e-commerce company, has unveiled plans to invest over 380 billion yuan (approximately $53 billion USD) in its cloud computing and artificial intelligence infrastructure over the next three years. The investment represents the company's largest commitment to technological......
Spain's Secretary of State for Trade, Amparo López Senovilla, has concluded a successful two-day official visit to Morocco, focused on enhancing commercial cooperation between the two nations in preparation for the 2030 FIFA World Cup. During her visits to Casablanca and Rabat, López......
The Royal Moroccan Football Federation (FRMF) has officially announced a new strategic partnership with Skoda Morocco, reinforcing collaboration between the two entities. The agreement, signed on Friday, aims to boost the federation’s financial resources and enhance its marketing strategy. A Shared......
Morocco is preparing to tap international debt markets with a new euro-denominated bond issuance, its first since 2023, to help finance an ambitious infrastructure development program ahead of co-hosting the 2030 FIFA World Cup. Finance Minister Nadia Fettah Alaoui emphasized the country's current......
During an official visit to Morocco, Spain's Secretary of State for Trade, Amparo López Senovilla, reaffirmed her country’s commitment to supporting key infrastructure projects tied to the 2030 FIFA World Cup. As Morocco’s top trading partner, Spain aims to deepen its involvement......
TGCC (Travaux Généraux de Construction de Casablanca) has signed an agreement to acquire a 60% controlling stake in STAM (Société de Travaux Agricoles Marocains), in a deal valued at MAD 4.3 billion ($430 million). The transaction includes STAM's 55% ownership of VIAS......
