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Keywords: Market


Drought Casts Long Shadow Over Morocco's Labor Market in the 1st quarter of 2024

In a sobering revelation, the latest report from the High Commission for Planning (HCP) has painted a grim picture of Morocco's labor market during the first quarter of 2024, with the lingering effects of drought taking a severe toll on employment prospects, particularly in rural areas. According......

Morocco's Watchdog Investigates Alleged Price-Fixing in Sardine Market

To uphold fair competition and protect consumer interests, Morocco's Competition Council has initiated an investigation into potential violations of antitrust laws in the country's sardine supply market. The council's interim general rapporteur announced the probe on Tuesday, pointing to......

Moroccan Mobile Market Mania: A Tale of Staggering Growth and Domestic Stagnation

Morocco's telecommunications industry is undergoing a significant transformation as the nation's mobile market experiences remarkable growth. By the end of 2023, mobile connections had soared to 55.9 million, according to a report from the Ministry of Economy and Finance. This represents a 5.6%......

The Barcelo Hotel group opens a new hotel in the city of Tangier

In a strategic move consolidating its position as the leading Spanish hotel chain in Morocco, the Barcelo Hotel Group has introduced its latest property, the 4-star Occidental Tanger. Situated in the Cap Malabata region of Tangier, this establishment marks the group's inaugural venture into the......

Arco Group Expands Presence in Morocco with New Subsidiary

In a strategic move to strengthen its footprint in the Moroccan market, the Spanish group Arco Global Tecnología y Desarrollo (Arco Group), a specialist in comprehensive solutions for aggregate plants including machinery, products, and automation, has announced the establishment of a subsidiary......

Electric Microcars: A Growing Trend in the Automobile Industry

For quite some time, microcars lingered on the periphery of the automotive landscape, often lacking a positive association. Traditionally, manufacturers like Ligier, Aixam, and Chatenet dominated this niche market with small, license-free cars fueled by diesel. However, recent years have witnessed a......

Maroc Telecom marked a revenue growth by 1.2 %

Maroc Telecom reported a consolidated revenue of 9.1 billion dirhams by the end of March 2024, marking a 1.2% increase. This growth is primarily attributed to rising international revenues, which partially mitigated the decline in revenues within Morocco. The positive operational and financial outcomes......

Moroccan Automotive Sector Seeks Greater Boost with Stock Market Support

The automotive sector currently represents 1% of Morocco's stock market capitalization, with ambitions to double or triple this contribution in the short term. This key sector of the national industry is poised to enter a new phase of development with the support of the stock market and the financial......

Egypt's Potato Export Triumph: Conquering the Moroccan Market

Egypt's agricultural sector achieves a remarkable feat as it secures access to the Moroccan market for its prized potato exports. This milestone, announced by Minister of Agriculture and Land Reclamation Elsayed Al-Qasir, signals a significant stride towards economic prosperity for Egypt's farming......

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