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Keywords: Market
In a remarkable display of agricultural resilience, Morocco has secured its position as a top watermelon exporter to the European Union, despite facing its sixth consecutive year of severe drought. This achievement underscores the kingdom's ability to adapt and thrive in the face of climatic challenges. According......
The global rice market is witnessing a significant shift as India and Pakistan have recently lifted their respective export restrictions, igniting concerns over a potential pricing war. On October 1, 2024, global rice prices fell following these reciprocal policy changes aimed at resuming international......
In a surprising turn of events, UK-based Predator Oil & Gas Holdings Plc has announced a potential helium gas discovery in northwestern Morocco's Guercif exploration area. This revelation has sent ripples through the energy sector, highlighting Morocco's growing importance in the global resource......
In a significant shift within Spain's property market, Moroccan investors have emerged as key players, securing their position as the second-largest group of foreign buyers in the second quarter of 2024. This development, reported by the online platform Merca2, highlights a growing trend that has......
In a significant move that could reshape the global spreads industry, Teralys, a subsidiary of Moroccan royal holding company Al Mada, has announced its acquisition of Italian agro-industrial group Nutkao for €450 million. This strategic purchase positions Teralys as a formidable competitor to established......
Morocco's National Tourism Office (ONMT) is making significant strides in expanding its reach to the Asian market, with a particular focus on Japan. The office is currently participating in the Tourism Expo Japan 2024, a major international event in the tourism industry that began on September 26......
In a significant move, Network International, a leading payments solutions provider, has announced its expansion into Morocco, marking a pivotal moment in the country's digital payments landscape. This strategic initiative aims to revolutionize the way financial transactions are conducted, offering......
In a significant initiative aimed at fostering innovation and growth, Glovo, the on-demand delivery service, has invited eight representatives from promising Moroccan startups to its headquarters in Barcelona for an immersive experience. This program, known as the Glovo Startup Lab, is supported by the......
In a remarkable display of resilience, Morocco's OCP Group has emerged as a beacon of strength in the face of economic challenges, recording a robust revenue of MAD 43.5 billion (approximately $4.35 billion) as of June 2024. This significant rebound, amidst a global economic landscape marked by uncertainty,......