Keywords: Manufacturing
Morocco's export sector is undergoing a renaissance, driven by growth in key industries like automotive, aerospace, and electronics. This upward trajectory, along with declining imports, has narrowed the country's trade deficit, providing a significant boost to its economy. Data from the Moroccan......
The Moroccan national economy showed a notable improvement in the fourth quarter of 2023, according to data released by the High Commission for Planning (HCP). Economic growth reached 4.1%, marking a significant increase compared to the same period in 2022, when it stood at 0.7%. Driven by domestic......
Moroccan aerospace is soaring to new heights as Canadian manufacturing company Shimco Aviation commits to expanding its presence in the North African kingdom. On Friday, Shimco signed a landmark agreement with Midparc, an industrial complex in Morocco, marking the beginning of its venture into international......
Morocco is poised to ascend into the realm of global aerospace manufacturing by the end of the decade. Industry and Trade Minister Ryad Mezzour recently affirmed the nation's commitment to unveiling its first entirely domestically produced aircraft by 2026. In an interview with the “Al-Sharq......
Aciturri Group, a prominent Spanish aerospace supplier, is making significant strides by establishing its presence in Morocco, a move that industry experts view as a testament to the confidence in the Kingdom's burgeoning aerospace sector. During a ceremony held this week in Casablanca, Aciturri......
In the latest monthly business trend survey by Bank Al-Maghrib (BAM), Morocco's manufacturing sector showcased significant improvements in December 2023. The survey reveals a notable surge in production across most industries, with only the "mechanical and metallurgy" sector experiencing......
MSA Safety, a renowned manufacturer of safety equipment, solidifies its presence in Morocco this week through the inauguration of an expanded production facility in the North African nation. In an official press release, the Pennsylvania-based company positions the facility as a pivotal component of......
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