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Keywords: Investment


Emirati prince expands economic presence in Morocco through new holding company

Sheikh Ammar Hamid Rashid Al Nuaimi, Crown Prince of the Emirate of Ajman, has launched a new investment initiative in Morocco by establishing a holding company named Frame Holding, according to Médias24. The new company is based on Jean Jaurès Street in Casablanca and was founded on April......

Morocco’s industrial exports hit $43.8 billion milestone in 2024

Morocco’s industrial sector has achieved remarkable growth, with exports surpassing MAD 398 billion ($43.8 billion) in 2024, accounting for 88% of the country’s total exports. Minister of Industry Ryad Mezzour highlighted this achievement during a discussion session on “Macroeconomic......

Netflix to invest over €1 billion in Spain to boost local productions

Netflix, the US-based streaming giant, has announced plans to invest €1.1 billion in Spain’s audiovisual sector between 2025 and 2029. The announcement underscores Spain’s growing importance as a creative hub for global film and television production in Europe. Speaking at Netflix's......

Understanding Socimis and their role in Spain's housing crisis

Real estate investment trusts (Socimis) are increasingly at the center of Spain's housing debate, especially as the government implements new tax measures aimed at addressing the worsening housing crisis. While many may not be familiar with Socimis, they play a significant role in the property market,......

Morocco unveils unified star rating system for tourist accommodations

Morocco has launched a new star rating system that will apply to all tourist accommodations, including hotels, riads, guest houses, and other lodging options. This unified approach aims to elevate hospitality standards and align the nation’s tourism offerings with international benchmarks. A new......

Musk's Dubai loop sparks comparisons to Spain-Morocco underwater tunnel

Spanish media, including El Faro de Ceuta, have pointed out that Elon Musk's recently announced Dubai Loop bears a striking resemblance to the proposed underwater tunnel project intended to connect Spain and Morocco. In February, Musk unveiled the Dubai Loop, which aims to create an efficient transportation......

Chinese company chooses Morocco for polymer plant investment

Shenzhen JDD Tech New Materials, a prominent Chinese manufacturer of polymer components under the Junida brand, has announced plans to establish a production facility in Morocco focused on functional protective coatings for the automotive industry. This move marks the company’s expansion beyond......

Stellantis accelerates Morocco’s rise as a key automotive production hub

Stellantis has taken a decisive step in strengthening its industrial footprint in Morocco by launching engine production at its kenitra plant. This move marks a significant evolution from vehicle assembly to a fully integrated manufacturing site capable of producing critical components like turbocharged......

Saudi Arabia's PIF Partners with FIFA for 2025 Club World Cup

Saudi arabia's public investment fund (PIF) has become an official partner of the 2025 fifa club world cup, a month-long tournament held in stadiums across the united states. This partnership comes a week before the inaugural tournament begins. This move by PIF, the kingdom’s sovereign wealth......

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