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Keywords: Performance
In a landmark transaction, the Moroccan government has sold its shares in the legendary Mamounia Hotel to the state-owned OCP Group for a sum of 1.7 billion dirhams ($173 million). This move signals a significant shift in ownership for Morocco's oldest and most illustrious hotel, celebrated globally......
As President Joe Biden prepares for a crucial NATO summit in Washington, dissent within his own party is casting doubt on his bid for a second term. Senator Michael Bennet of Colorado has become the first Democratic senator to openly question Biden's chances, suggesting that the 81-year-old president......
In a testament to its economic resilience, Morocco is poised to witness a notable uptick in growth, with forecasts indicating a 3.2% expansion in the third quarter of 2024. This projection, an increase from the 2.9% growth recorded in the preceding quarter, underscores the nation's ongoing economic......
In what was billed as a pivotal moment in the 2024 presidential race, President Joe Biden's performance during the highly anticipated debate against former President Donald Trump has sent shockwaves through the Democratic ranks. Some are voicing concerns, while others are urging a measured response. From......
As the early Moroccan fruit and vegetable season draws to a close, industry insiders report a complex landscape of challenges and opportunities that have shaped this year's export performance. Despite facing numerous obstacles, including European farmer strikes, unpredictable weather patterns, and......
Morocco's premier port defies global disruptions, sets sights on new milestones. In a year marked by global supply chain turbulence and security concerns, Morocco's Tanger Med Port is not just weathering the storm but thriving. The port is set to exceed its nominal processing capacity of nine......
In the first quarter of 2024 (Q1 2024), the CMT group witnessed a remarkable surge in its production, reaching 92,350 tonnes, reflecting a 4.8% increase compared to the previous year. This impressive growth underscores the company's resilience and strategic positioning within the industry. While......
In a testament to the nation's burgeoning futsal prowess, Morocco has secured an impressive 6th place in the inaugural FIFA Futsal World Rankings, announced on Monday, May 6th. Amassing an impressive 1,430.55 points, the Atlas Lions have staked their claim as a force to be reckoned with on the global......
In a testament to Morocco's strong economic performance, the Kingdom's General Treasury (TGR) has reported that net customs revenues soared to a remarkable MAD 20 billion ($2 billion) in the first quarter of 2024, marking a 1.8% increase compared to the same period the previous year. According......
