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Keywords: Investments


China and Morocco Deepen Electric Vehicle Battery Partnership

Chinese companies are increasingly investing in Morocco's burgeoning electric vehicle (EV) industry, drawn by the country's strategic location and opportunities tied to U.S. subsidies. A recent article by the South China Morning Post highlighted the growing collaboration, marking a pivotal moment......

 Akdital’s Expansion Drives Revenue to 2 Billion Dirhams by September 2024  

Akdital has achieved remarkable growth, reporting revenues of 2 billion dirhams by the end of September 2024, reflecting a 52% increase in turnover. This achievement is primarily attributed to the group's strategic expansion of its national network. A key milestone in this expansion was the opening......

Sonasid Reports 5% Sales Growth Driven by Strategic Investments and Regional Expansion

Sonasid, Morocco’s leading steel producer, has announced a 5% rise in sales, reaching MAD 3.704 billion by the end of September 2024. This growth is attributed to a 12% increase in sales volumes over the first nine months of the year, reflecting the company's effective strategies and investments. A......

France Reinforces Commitment to Economic Partnership with Morocco

In a significant announcement during his visit to Rabat, French President Emmanuel Macron emphasized the continuation of public investments in Morocco, including the Sahara region. Speaking at the conclusion of the "Morocco-France Entrepreneurial Meeting," Macron highlighted Morocco's status......

French Recognition of Moroccan Sovereignty over the Sahara: A Strategic Diplomatic Shift

France’s recent position on the Moroccan Sahara issue has sparked numerous analyses and interpretations in academic and political circles. Rachid Lazrak, political analyst and professor of constitutional law, sees this recognition as a strategic shift based on a deep understanding of the region’s......

Morocco's Green Energy Surge: Powering the 2030 World Cup and Beyond

Morocco is set to make a significant leap in its renewable energy capacity, with plans to double green power output in its southern provinces by 2027. This ambitious project, estimated at $2.1 billion, is part of the country's preparation to co-host the 2030 FIFA World Cup alongside Spain and Portugal. The......

Strengthening Ties: Spain and Morocco Embark on a New Era of Cooperation

The Spanish Ambassador to Morocco, Enrique Ojeda Vila, underscored the significance of the relationship between Spain and Morocco, highlighting a new chapter in their bilateral ties, initiated by a letter from Spanish Prime Minister Pedro Sánchez to His Majesty King Mohammed VI. This statement......

Soho Boutique Hotels Expands into Morocco Ahead of 2030 World Cup

In a strategic move poised to capitalize on the upcoming 2030 World Cup, the Spanish hotel group Soho Boutique Hotels has announced its entry into the Moroccan market. Javier Tor Nuevo, the group’s director for North Africa, revealed the plans, highlighting Morocco's promising potential as......

Manchester United's Stadium Revamp: A £97 Billion Economic Boost for Britain

In a move that promises to significantly impact the UK's economic landscape, Manchester United has unveiled ambitious plans to rejuvenate its iconic stadium, Old Trafford. The proposed redevelopment is not merely a facelift for the legendary football arena but a strategic investment with far-reaching......

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