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Marouane Abdelati steps into leadership role at MEDZ as deputy CEO of CDG Développement

Marouane Abdelati has been appointed as the President of the Management Board of MEDZ and the Deputy CEO of CDG Développement, marking a significant advancement in his career. Caisse de Dépôt et de Gestion (CDG), Morocco’s state-owned institutional investor, oversees MEDZ, which......

Pakistan Senate President Commends Morocco's Counter-Terrorism Strategy

In a notable address in Tashkent, Uzbekistan, Syed Yussuf Raza Gilani, the President of the Pakistan Senate, praised Morocco's effective policies in combating terrorism, extremism, and illegal migration. This commendation came during a meeting with Mohamed Ould Errachid, President of Morocco's......

FIFA Club World Cup 2025: Economic powerhouse and football spectacle

The FIFA Club World Cup 2025 is poised to be much more than a month-long football tournament in the United States. Taking place across 11 iconic U.S. cities, including New York, Los Angeles, and Miami, the event is anticipated to flood the economy with cash, generating an impressive $41.3 billion in......

Chile deepens ties with Morocco as Andean support strengthens

A delegation led by Chilean Senate President Manuel José Ossandón met with Mohamed Ould Errachid, President of Morocco’s House of Councilors, in Laayoune on Thursday. This high-level meeting occurred during the Andean Parliament’s historic session in Morocco and focused on expanding......

Morocco as a model for international reform initiatives

Morocco is increasingly recognized as a "true model" for other nations, driven by a series of robust reform programs, according to Rebeca Grynspan, the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD). During a press conference in Geneva, Grynspan emphasized......

U.S. Tariff Increase highlights urgent need to boost intra-African trade

African economies find themselves at a critical crossroads, faced with the dual pressures of American protectionism and the pressing need for strategic economic realignment. The recent announcement from the U.S. government regarding tariffs reaching up to 50% on imports from 185 countries—51 of......

IMF approves $4.5 billion flexible credit line for Morocco

The Executive Board of the International Monetary Fund (IMF) has granted a new two-year agreement for Morocco under the Flexible Credit Line (FCL), amounting to approximately $4.5 billion, or 386% of the country's quota. According to a statement released on the IMF's official website, this agreement......

Spain-Morocco undersea tunnel set to cost €15 billion

The ambitious Spain-Morocco undersea tunnel project, designed to connect Morocco’s Tangier with Spain’s Algeciras through the Strait of Gibraltar, is estimated to carry a hefty price tag of €15 billion, as reported by Spanish newspaper La Razón. This monumental initiative is......

Spaniards’ purchasing power stagnates despite economic growth

Recent data from Eurostat reveals that despite Spain's ongoing economic growth, the purchasing power of its residents remains as low as it was 25 years ago. Spaniards now find themselves eight points below the EU average income level, a stark reminder that macroeconomic indicators do not always reflect......