Keywords: Investment
Morocco is set to invest nearly MAD 30 billion in its national electricity transmission network between 2024 and 2030, marking a significant expansion of the country's power infrastructure. This investment package excludes a planned high-voltage electricity link project connecting southern and central......
Nippon Steel and U.S. Steel have filed a lawsuit to contest President Joe Biden's decision to block their $14.9 billion merger, a move they claim violated their constitutional rights. Although legal experts believe the lawsuit is unlikely to succeed, it could provide the companies with valuable time......
Microsoft has announced plans to invest $80 billion in artificial intelligence data centers through the end of the current fiscal year, marking one of the largest infrastructure commitments in the technology sector. According to a blog post by Microsoft President Brad Smith, more than half of this substantial......
The Kénitra-Marrakech high-speed rail project, one of the most anticipated infrastructure initiatives in Morocco, is progressing rapidly. Aimed at modernizing the country's rail transport system, this ambitious project benefits from strong international cooperation and a complex financial......
Indonesia's recent ban on the iPhone 16 and Google Pixel has ignited frustration among tech enthusiasts and raised questions about the country's regulatory approach. The prohibition stems from the government's Tingkat Komponen Dalam Negeri (TKDN) policy, requiring phones to have at least......
Morocco's trade prospects with Africa show significant untapped potential, with export opportunities estimated at MAD 12 billion, according to Omar Hejira, Secretary of State to the Minister of Industry and Trade. Speaking at the House of Representatives' question time in Rabat on Monday, Hejira......
The Moroccan Capital Market Authority (AMMC) has unveiled "Le Marché des Capitaux pour Tous," a dedicated online platform aimed at enhancing financial literacy across Morocco. This initiative underscores AMMC's commitment to educating the public about capital markets and fostering......
In a landmark ruling, a Moroccan court has sentenced 25 individuals to a combined 71 years in prison for orchestrating the "Al Khair Group" pyramid scheme, which defrauded investors of approximately MAD 7 billion ($700 million). Following an extensive 45-hour court session in Tangier, the......
Building Logistics Services (BLS) has inaugurated a significant new logistics center in Casablanca's Tit Mellil district, marking a substantial investment of MAD 300 million ($29.79 million) in Morocco's infrastructure development. The newly established BLS Casa Hub spans an impressive 50,000......
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