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Keywords: Investment
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......
Morocco's ambitious transportation infrastructure plan will inject MAD 96 billion ($9 billion) into railway upgrades by 2030, Transport and Logistics Minister Abdessamad Kayouh announced in Rabat. The comprehensive initiative aims to dramatically expand the nation's rail connectivity while modernizing......
German manufacturing company Leoni has inaugurated a new automotive wiring systems factory in Agadir, Morocco, representing an investment of MAD 230 million. The facility, situated in the Souss-Massa industrial acceleration zone, was officially opened on Tuesday under the supervision of Moroccan Prime......
A significant milestone in Morocco's logistics infrastructure development was reached as the Agadir Atlantic Hub dry port project secured a $140 million investment. The groundbreaking protocol agreement was signed on January 20 in a ceremony overseen by Morocco's Head of Government, Aziz Akhannouch. Located......
Private Moroccan healthcare provider Oncorad Group has unveiled plans to invest MAD 3.5 billion in constructing 30 new hospitals across the country by 2028. The ambitious initiative, announced by CEO Redouane Semlali, aims to address the growing demand for medical services and strengthen the nation’s......
Moroccan banks are poised for robust growth in the coming years, driven by favorable economic conditions, significant investments, and ongoing reforms, according to a recent report by Fitch Ratings. The financial sector is expected to maintain strong profitability through 2025 and 2026, as large infrastructure......
Unilever has inaugurated its new offices at Casablanca Finance City (CFC), marking a significant expansion of its presence in Morocco. This strategic move builds upon the company's century-long history in the country and demonstrates its ongoing commitment to the North African market. The establishment......
Morocco's commitment to public investment has shown remarkable growth, with allocations rising from MAD 52.3 billion ($5.1 billion) in 2015 to MAD 119.2 billion ($11.6 billion) in 2023, according to Zineb El Adaoui, First President of the Court of Accounts. In her presentation to parliament's......
Despite investing nearly 3 billion Moroccan dirhams (MAD) in literacy programs, Morocco continues to face significant challenges in reducing illiteracy rates, with 27.9% of the population over 15 still unable to read or write, according to recent government findings. During a parliamentary session on......
