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Keywords: Morocco


Lamia Merzouki’s Election Marks a New Era for Morocco in Global Finance

In a landmark achievement for Morocco's financial landscape, Lamia Merzouki, Deputy CEO of Casablanca Finance City (CFC), has been elected President of the World Alliance of International Financial Centres (WAIFC). This significant development was announced during the WAIFC's Annual General Meeting......

Algeria Urged to Acknowledge Failure of Separatist Project in Sahara

Morocco’s ambassador to the United Nations, Omar Hilale, emphasized the growing international support for Morocco’s Autonomy Plan for Sahara during a Fourth Committee session of the UN General Assembly in New York. He highlighted that over 100 member states across various regions endorse......

Morocco Introduces First Direct Flight to Iceland, Expanding Tourism Opportunities

The Moroccan National Tourist Office (ONMT) has launched the first direct flight connecting Morocco and Iceland, operated by the low-cost airline Play Airlines. This new route, starting October 17, will offer two weekly flights between Marrakech and Reykjavik, Iceland’s capital. This significant......

Stellantis CEO Highlights Morocco’s Rising Threat to Spanish Auto Factories

Morocco aims to increase its vehicle production to one million units per year by 2025, up from the current 700,000, as part of its ambitious automotive industry growth strategy. During a recent media briefing at the 2024 Paris Motor Show, Carlos Tavares, CEO of Stellantis, praised the performance of......

Morocco's Industrial Renaissance: A Quarter-Century of Economic Transformation

Morocco's industrial sector has undergone a remarkable transformation over the past 25 years, positioning the country as a major player in global manufacturing and trade. Head of Government Aziz Akhannouch, speaking at the second edition of Morocco's National Industry Day, highlighted the nation's......

Morocco Stands Firm on UAE's Sovereignty Claims in Territorial Dispute

In a significant diplomatic move, Morocco has reiterated its unwavering support for the United Arab Emirates' (UAE) territorial claims over three disputed islands in the Persian Gulf. The declaration was made during a session of the United Nations General Assembly's Fourth Committee in New York. Omar......

Moroccan Startups Face Uphill Battle: Only Half Survive Beyond 5 Years

Morocco's business landscape is facing significant challenges, as revealed by a recent joint report from the World Bank and the Moroccan Observatory of Very Small, Small, and Medium Enterprises. The study, titled "Unleashing the Potential of the Moroccan Private Sector: An Analysis of Business......

Morocco Charts Course for Economic Independence Through Shipbuilding Initiative

Morocco is setting its sights on developing a robust shipbuilding industry as a cornerstone of its economic sovereignty strategy, according to a comprehensive report by the Economic, Social and Environmental Council (CESE). This strategic pivot comes as the nation seeks to strengthen its maritime capabilities......

Engineering Challenges Halt Bridge Dreams Across Gibraltar Strait, Tunnel Plans Emerge

The ambitious vision of connecting Europe and Africa through the Strait of Gibraltar has faced persistent engineering hurdles, with experts identifying three major obstacles that make a bridge construction "impossible" while opening doors to alternative solutions. According to recent findings......

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