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Morocco Engages with BRICS Nations at Economic Forum in Xiamen

The city of Xiamen, China, recently hosted the 2024 BRICS Forum focused on partnerships for a new industrial era on September 10 and 11. Morocco was represented by Ryad Mezzour, the Minister of Industry and Commerce, who emphasized the significance of the event for showcasing Morocco's industrial......

Morocco’s Aeronautical Sector Sees Impressive Growth in 2024

In the first half of 2024, Morocco’s aeronautical sector experienced a significant surge in exports, surpassing MAD 12.97 billion ($1.3 billion), marking a 16.5% increase from the previous year, according to the Office of Foreign Exchange. This remarkable growth is largely attributed to a substantial......

US Agricultural Exports to Morocco Soar to $610 Million in 2023

Morocco Emerges as a Key Market for American Agricultural Products The United States has witnessed a substantial surge in its agricultural exports to Morocco, with the total value reaching an impressive $610.17 million in 2023, as reported by the U.S. Department of Agriculture (USDA). Reflecting on......

Morocco and UAE Forge Historic Economic Partnership Agreement

In a landmark development, Morocco and the United Arab Emirates (UAE) have concluded negotiations for a comprehensive economic partnership agreement (CEPA), setting the stage for a new era of bilateral economic cooperation. Officials announced the finalization of the agreement's provisions on Monday,......

Morocco's Aerospace Ambitions Take Flight at Farnborough

In a bold move to solidify its position on the global aerospace stage, Morocco has made a striking appearance at the prestigious Farnborough International Airshow. The North African nation's presence at this pivotal industry event, running from July 22 to 26 just southwest of London, signals its......

Riva Industries Unveils $290 Million Steel Complex in Morocco

New Facility Aimed at Boosting Domestic and International Steel Production Riva Industries, a prominent Moroccan steel manufacturer, has inaugurated an advanced industrial complex in Jorf Lasfar with an investment of approximately 2.9 billion dirhams ($290 million). This cutting-edge facility is set......

Morocco's Milestone: Renault Tangier Plant Begins Production of First Hybrid Vehicle

The Renault Group factory in Tangier has embarked on a groundbreaking venture with the production of the Dacia Jogger, marking the first hybrid vehicle manufactured in Morocco. This milestone underscores Morocco's pivotal role in Renault's industrial strategy and showcases the robust partnership......

Morocco and Palestine Forge Economic Partnership Amid Gaza Turmoil

In the midst of escalating violence and a severe humanitarian crisis in Gaza, Morocco and Palestine have embarked on a path toward economic cooperation and development. On Wednesday, the two nations signed a Memorandum of Understanding (MoU) that aims to streamline trade and industrial partnerships. The......

Unmasking Trade Protectionism: Mezzour's Call for Economic Sovereignty

In a thought-provoking address at a conference organized by Bank Al-Maghrib in Dakhla, Ryad Mezzour, Minister of Industry and Trade, delivered a scathing critique of the protectionist practices employed by certain Western nations. These countries, while championing free competition and economic integration,......