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Strengthening economic ties: Morocco and UAE's growing partnership

The Moroccan Agency for Investment and Export Development (AMDIE) organized the “Morocco Now” Economic Day in Dubai, emphasizing the growing economic relationship between Morocco and the United Arab Emirates (UAE) under the theme “From Vision to Action: Morocco and the Emirates Charting......

Morocco's ambitious highway project connects Marrakech and Fès

Preliminary studies are officially underway in Morocco to define the technical specifications and financial arrangements for a new highway project linking Marrakech to Fès via Beni Mellal and Khénifra. The estimated cost of this infrastructure is approximately 28 billion dirhams. According......

Tesla's Moroccan Factory Rumor: Unraveling the Misinformation

What began as an April Fool's joke has escalated into widespread misinformation regarding Tesla's supposed investment in a factory in Morocco. Claims circulated widely on social media and various Moroccan news outlets that Tesla would establish its first African factory in Kenitra, with an investment......

PayTic accelerates growth with $4 million funding boost

Moroccan fintech company PayTic has successfully secured a strategic funding round of $4 million as part of its Seed extension, solidifying its role in modernizing payment operations on an international scale. The funding was led by a consortium of investors, including AfricInvest, Build Ventures, Axian......

Morocco's AMDIE earns top investment promotion award in MENA region

The Moroccan Agency for Investment and Export Development (AMDIE) has been honored as the Best Investment Promotion Agency in the MENA region during the Annual Investment Meeting (AIM 2025) held in Abu Dhabi. This recognition underscores AMDIE's significant role in promoting investment and exports......

Trade and investment growth between Morocco and the UK in 2024

A report issued by the UK’s Department for Business and Trade on April 7, 2025, highlighted significant improvements in the trade agreement between Morocco and the United Kingdom, which took effect on January 1, 2021, under the bilateral partnership agreement. The latest data reflects an upward......

Morocco champions sustainable peace and development at IPU assembly

Morocco has emerged as a regional leader in conflict mediation and post-conflict reconstruction, presenting an inspiring model for sustainable peace. This was prominently showcased at the 150th Assembly of the Inter-Parliamentary Union (IPU) in Tashkent, Uzbekistan, where Mustapha Reddad, a member of......

China remains committed to foreign investment despite Trump’s tariff war

A high-ranking Chinese official has assured that China will continue to be a "promising land" for foreign investment, despite ongoing trade tensions with the U.S. and the recent implementation of 34% tariffs on American imports. This move came as retaliation against similar tariffs introduced......

Strategic Morocco-U.S. partnership amid new tariffs

Government spokesperson Mustapha Baitas reaffirmed the significance of the Morocco-U.S. partnership in response to concerns over the newly imposed 10% tariffs by the U.S. administration. He described the alliance as strategic and multifaceted, emphasizing Morocco’s unique position as the only African......