Advertising

Economy


Morocco's Remarkable Rise as UK's Second-Largest Tomato Supplier

In a notable shift within the United Kingdom's tomato import market, Morocco has firmly established itself as the second-largest tomato supplier, surpassing its long-standing competitor, Spain. This achievement marks the third consecutive year that the North African nation has outpaced its European......

Morocco's Textile Sector: A Lifeline for Spanish Firms Amid COVID-19

Amidst the lingering aftermath of the COVID-19 pandemic on the global economy, Morocco has surged ahead as a pivotal player in the textile industry, emerging as a favored destination for European businesses, notably Spanish companies aiming to diversify their supply chains. Spanish retail giant Inditex,......

Addressing the Water Crisis in Morocco: AfDB's Urgent Alarm and Sustainable Solutions

In a stern warning, the African Development Bank (AfDB) has reiterated grave concerns over the escalating water scarcity crisis in Morocco, exacerbated by the adverse effects of climate change. The bank's latest report paints a grim picture, highlighting the far-reaching implications of this crisis......

Radisson Hotels Spearheads Bold Expansion Plans in Morocco in Anticipation of 2030 World Cup

In anticipation of the upcoming 2030 FIFA World Cup, Radisson Hotel Group, a global hospitality leader, is strategically expanding its presence in Morocco. With a vision to establish a robust foothold in the North African nation, the renowned hotel chain aims to introduce 25 new properties by the commencement......

Addressing Gender Disparities in Morocco's Labor Market: An Urgent Call to Action

In Morocco, recent findings from the High Commission of Planning (HCP) reveal a stark reality: women face a staggering 73% probability of remaining inactive in the labor market, in stark contrast to the mere 7.5% likelihood for men. This alarming gender disparity sheds light on the deeply entrenched......

Molten Salt Leak Halts Operations at Morocco's Noor III Solar Power Plant Until Late 2024

Morocco's ambitious venture into concentrated solar power (CSP) suffered a significant setback with the shutdown of the Noor III plant in Ouarzazate, following a substantial leak in its molten salt storage tank. The $3.9 billion facility, boasting the world's tallest solar power tower at 243......

Insights into Morocco's First 10 Days of Ramadan Advertising Surge

The holy month of Ramadan marks a period of intensified media engagement, notably in food consumption and lifestyle shifts. Advertising investments across various sectors undergo significant fluctuations during this time, reflecting dynamic market trends. Key indicators of advertising investments during......

Study Warns of Rising Food Costs Amid Climate Crisis

A recent study published by scientific publishing "Springer Nature" delivers a sobering message, signaling an imminent surge in food prices fueled by the escalating global warming crisis. Conducted by a team of experts, the research paints a grim future, particularly for nations in the southern......

Morocco's 2030 World Cup Hosting: A Gateway to Economic Prosperity

With the countdown to the 2030 FIFA World Cup underway, Morocco's excitement is palpable, and for good reason. A recent report by Valoris Securities, a prominent financial analysis and brokerage firm in the Moroccan stock market, has unveiled a significant opportunity for economic growth. Hosting......

Morocco's Strategic Alliance: Strengthening Partnership with the IMF

Morocco is taking significant steps to fortify its economic resilience and sustainable growth trajectory by deepening its strategic ties with the International Monetary Fund (IMF). A recent meeting between Morocco's Ambassador to the United States, Youssef Amrani, and IMF Managing Director Kristalina......

China's Ambassador Encourages Increased Investment in Morocco

In a resounding call to action, China's Ambassador to Morocco, Li Changlin, has urged Chinese companies to expand their investments in the North African nation, particularly in the burgeoning sectors of renewable energy and automotive manufacturing. Addressing a roundtable organized by the Institute......

Ryanair Takes Flight: Expanding into Moroccan Skies with an Eye on 2030 World Cup Triumph

In a bold departure from its European stronghold, Ryanair, the titan of low-cost aviation, is embarking on a daring expansion into the Moroccan market, heralding a transformative shift in the nation's aviation dynamics. Under the stewardship of CEO Michael O'Leary, the Irish carrier has clinched......

Morocco's ONHYM Takes Spotlight as Bronze Sponsor for Invest in African Energy Forum

Morocco is emerging as a key player in the global energy landscape, spotlighting its onshore and offshore sedimentary basins as prime territories for exploration. The National Office of Hydrocarbons and Mines (ONHYM) is set to shine at this year's Invest in African Energy (IAE) forum, securing a......