Keywords: Investment
Tetouan Park, Tanger Med Region – Japan Tobacco International (JTI) has officially commenced the construction of its pioneering Green Factory in North and West Africa, marking a significant milestone in the company's sustainable development journey. Strategically situated in the Tetouan Park......
New Facility Aimed at Boosting Domestic and International Steel Production Riva Industries, a prominent Moroccan steel manufacturer, has inaugurated an advanced industrial complex in Jorf Lasfar with an investment of approximately 2.9 billion dirhams ($290 million). This cutting-edge facility is set......
In a recent seminar hosted by the National Rally of Independents (RNI), Minister of Agriculture Mohamed Sadiki provided an in-depth overview of Morocco’s ongoing efforts and strategies to secure food sovereignty amidst an era of economic volatility and environmental challenges. Addressing the......
Draa Tafilalet Oasis. The Moroccan Tourist Engineering Society (SMIT) has announced an ambitious $1.7 billion plan to position Draa Tafilalet as a premier ecotourism destination in Morocco. Unveiled by SMIT President Imad Barrakad during a Development and Solidarity Council meeting in Rabat on July......
Belgian construction firm Macan Group has announced a significant investment initiative, pledging MAD 1.5 billion (approximately €135 million) over the next five years to expand its operations in Morocco. Since its initial foray in 2015, Macan Group has viewed Morocco as a prime location for long-term......
The African Development Bank (AfDB) has launched a significant €1.26 billion (MAD 12.89 billion) investment package for Morocco, marking a substantial commitment to the Kingdom’s economic and social advancement. Since the start of 2024, the AfDB has unveiled nine strategic projects across......
Morocco's economic landscape in 2023 painted a picture of resilience and adaptability, as the nation navigated through a complex web of global and domestic challenges. The World Bank's latest report sheds light on the country's economic performance, revealing a commendable 3.4% increase in......
Morocco is dedicating an impressive annual investment of MAD 18 billion ($1.8 billion) to upgrade its road infrastructure, according to Minister of Equipment, Nizar Baraka. The minister shared this information during a national symposium on road safety held in Rabat on Wednesday. Baraka emphasized that......
In a potential landmark deal, Google is in advanced talks to acquire Wiz, a cybersecurity startup, for a staggering $23 billion. If finalized, this acquisition would mark the largest in Google’s history. What makes this young company so desirable? Phenomenal Growth Trajectory Wiz was founded......
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