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Keywords: Morocco


The Strength of Savings: Morocco's Economic Resilience in 2023

Morocco's national savings rate reached 28.2% of gross domestic product in 2023, up from 26.7% the previous year, according to data from the High Commission for Planning. This increase came despite higher domestic consumption, which grew 7.6% by value last year compared to 7.7% previously.  National......

Moroccan authorities intercept historic 18-tonne cannabis shipment off Casablanca coast

In the early hours of Monday, coordinated efforts between Morocco's Casablanca Prefectural Judicial Police and General Directorate of Territorial Surveillance resulted in the interception of over 18 tonnes of cannabis destined for international export.  Operating from the coastal town of Sidi......

Morocco's Ascent: Spearheading Africa's AI Transformation

In the ever-evolving landscape of artificial intelligence (AI), Morocco has emerged as a formidable force, shaping the continent's future through strategic investments and visionary leadership. Aimee Cutrona, the Deputy Head of Mission at the United States Embassy in Morocco, recently shed light......

Nayef Aguerd: A Moroccan Lion in Madrid's Sights

In the bustling world of football transfers, a tantalizing rumor has emerged, one that could potentially reshape the defensive line of one of Spain's heavyweight clubs. Nayef Aguerd, the Moroccan international and West Ham United stalwart, has reportedly caught the eye of Atlético de Madrid,......

OneClickDrive Charts New Terrain with Moroccan Expansion

In a bold stride towards continental dominance, Dubai's leading car rental marketplace, OneClickDrive, has expanded into the vibrant landscape of Morocco. This strategic move not only cements the company's position as a formidable force in the industry but also heralds a new era of seamless mobility......

Moroccan Pepper Dominance: Second Largest Supplier to EU in Q1 2024

In a remarkable display of agricultural prowess, Morocco has solidified its position as the second-largest supplier of peppers to the European Union (EU) market during the first quarter of 2024. According to the specialized website Hortoinfo, which based its analysis on data from the statistical service......

Pioneering a Path to Inclusion: Battling Backlash on the Road to Representation

In a bold initiative aimed at strengthening economic ties, a delegation comprising twenty Spanish enterprises is poised to embark on a three-day journey to Morocco from June 4th to 6th. This expedition seeks to unearth opportunities for enhancing commercial and economic relations with Morocco's flourishing......

OCP Group Secures €200M Financing for Sustainable Initiatives

In a significant stride towards sustainable development, the OCP Group, a leading global fertilizer producer, has secured a €200 million (MAD 2.1 billion) financing agreement from KfW, Germany's esteemed development and investment bank. This substantial investment will fuel the group's unwavering......

Morocco's Ambitious Defense Strategy Takes Shape

Morocco stands at the threshold of finalizing a significant arms deal with the United States, marking a pivotal step in the modernization of its armed forces. The deal entails the acquisition of 131 state-of-the-art F-16 fighter jets, underscoring the Kingdom's commitment to bolstering its defensive......

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