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Keywords: Infrastructure Development
The construction of the new railway station in the Riyad district of Rabat is progressing steadily, with over 50% of the work completed. The station is set to open in September 2025, just a few months before Morocco hosts the African Cup of Nations in December of the same year. Designed to complement......
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......
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......
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......
H&S Invest Holding, chaired by Moncef Belkhayat, has taken a significant step in its growth strategy by acquiring a co-controlling 25% stake in GIDNA, a Moroccan company specializing in construction and public works. This move, pending approval from the Competition Council, aims to drive GIDNA’s......
Morocco's ambitious railway infrastructure development has taken a significant step forward as French construction company Colas secures three major contracts worth €430 million to expand the country's high-speed rail network between Kenitra and Marrakech. The project, aimed at enhancing......
Morocco and Mauritania have taken a significant step forward in their bilateral cooperation by signing a groundbreaking electrical interconnection agreement in Nouakchott. The accord, signed by Morocco's National Office for Electricity and Drinking Water (ONEE) Director General Tarik Hamane and Mauritanian......
The ambitious Xlinks Morocco-UK power project, set to become the world's longest subsea cable at 4,000 kilometers, is actively seeking political backing to secure its £24 billion ($29.9 billion) investment plan. The project aims to connect Moroccan renewable energy directly to British homes,......
Newly inaugurated U.S. President Donald Trump has announced the launch of "Stargate," a sweeping initiative aimed at bolstering the nation’s artificial intelligence (AI) capabilities. The project, described as the largest AI infrastructure endeavor in history, will be funded by major......
