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Keywords: Market
Morocco's state phosphate company OCP has announced an ambitious MAD 139 billion ($14 billion) investment plan spanning 2025 to 2027, marking a significant expansion of its operations and sustainability initiatives. According to a recent report from the Ministry of Economy, the investment will be......
In a significant move to enhance Morocco's economic landscape, King Mohammed VI has appointed Karim Zidane as Minister Delegate for Investment, Convergence, and the Evaluation of Public Policies (MICEPP), marking a strategic shift in the nation's approach to investment and governance. Zidane,......
In a strategic move to expand its global presence, Spanish dairy company Pascual has identified Morocco as a key market for increasing its international sales. Currently exporting to 52 countries, the firm aims to boost its foreign revenue from €57 million to €100 million. Recent reports indicate......
Morocco's butane gas imports have reached unprecedented levels in early 2024, with the United States emerging as the dominant supplier in this crucial energy market. During the first half of 2024, Morocco imported approximately 1.4 million tons of butane, signaling a significant uptick from the previous......
In a significant shift within Spain's real estate landscape, Moroccan nationals have emerged as the second-largest group of foreign property buyers during the first half of 2024. This development, reported by Spain's General Council of Notaries, marks a notable trend in cross-border real estate......
Morocco has solidified its position as the leading supplier of fresh produce to Spain, with exports soaring to $755 million from January to July 2024. This impressive figure accounts for 24% of Spain's total fruit and vegetable imports during this period, marking a 10% growth compared to the same......
The Casablanca Stock Exchange (CSE) has entered a new phase of leadership with the appointment of Brahim Benjelloun Touimi as Chairman of the Board of Directors. This strategic move, approved by the board on October 14, marks the beginning of a two-year term that promises to shape the future of Morocco's......
Morocco's economy showed resilience in the third quarter of 2024, with growth reaching 2.8%, up from the 2.4% average recorded in the first half of the year. This uptick, reported by the High Commission for Planning (HCP), stems from a continued recovery in domestic demand and a robust increase in......
PepsiCo's recent financial report has revealed a concerning trend, with the company's sales performance falling short of expectations for the second consecutive quarter. This has prompted a revision of its full-year outlook, indicating a potential slowdown in the snack and beverage giant's......
