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Keywords: Morocco


Morocco to renegotiate free trade pact with Turkiye amid trade deficit concerns

Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......

Morocco and US bolster trade security with new container security agreement

Morocco and the United States have strengthened their customs cooperation by signing a new bilateral Container Security Initiative (CSI) agreement in Rabat. This initiative aims to enhance cargo security while facilitating the increasing volume of trade between the two nations. The agreement, which......

YNNA Group and AMEA Power to build 100-megawatt wind farm in Laayoune

Moroccan industrial leader YNNA Group and Emirati energy company AMEA Power, a subsidiary of Al Nowais Investments, have signed a partnership agreement to develop a 100-megawatt wind farm in Laayoune, Morocco. The project is set to contribute significantly to the Kingdom’s renewable energy goals. Construction......

Morocco’s asylum applications in EU reveal pivotal role in migration strategies

Morocco ranked 10th among countries of origin for asylum seekers in the European Union in 2024, with 25,347 applications filed in EU member states and associated countries. Despite representing an 18% decline compared to 2023, the number underscores Morocco’s significance in EU migration trends......

Spanish police dismantle major migrant and drug trafficking network between Morocco and Spain

Spanish police, in collaboration with Europol, have dismantled a significant criminal network responsible for trafficking both migrants and narcotics between Morocco and Spain. The operation shed light on the disturbing practice of smuggling human lives alongside illegal substances, referred to as "mixed......

Morocco launches WE Finance Code to empower women entrepreneurs

Morocco has taken a bold step in promoting women’s economic empowerment through the launch of the WE Finance Code initiative. Spearheaded by Bank Al-Maghrib (BAM), the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the initiative aims to......

Morocco strengthens its position as a global aerospace hub with ambitious plans for growth

Morocco is solidifying its status as a global leader in the aerospace industry, with 150 companies operating nationwide and generating an annual revenue of €2.5 billion. The sector currently employs 26,000 professionals and is poised for significant expansion in the coming years. A growing aerospace......

Morocco positioned to lead intra-African trade

Morocco is set to play a pivotal role in boosting trade within Africa, according to Adam Elhiraika, director of the Economic Commission for Africa at the United Nations. Speaking during the fifth edition of an economic forum in Fès, he highlighted Morocco's unique potential to benefit from......

Morocco’s innovative strategy leads the fight against transnational crime

Morocco is taking bold strides to combat transnational organized crime, employing a comprehensive strategy that combines legislative reforms, institutional innovation, operational efficiency, and international collaboration. Justice Minister Abdellatif Ouahbi highlighted these efforts on Thursday during......

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