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Economy
China's Aeolon is making waves in Morocco's renewable energy sector with its groundbreaking €220.8 million investment in a wind turbine blade factory. This move signals a significant vote of confidence in Morocco's potential to lead sustainable power production across Europe, Africa,......
Moroccan Minister of Economy and Finance, Nadia Fettah, held a pivotal meeting on Monday with a high-ranking official from the International Finance Corporation (IFC), emphasizing the importance of bolstering cooperation to support Moroccan companies and propel economic development in the Kingdom. Welcoming......
Veolia Environnement, a prominent French utility company renowned for its expertise in water and waste management, is currently grappling with a significant fine of $10 million (100 million dirhams) imposed by the Competition Council. This body, an integral part of the Moroccan Competition Authority,......
Italy's keen interest in collaborative renewable energy initiatives with Morocco was highlighted by Aziz Akhannouch, the Head of the Moroccan Government, during a press conference in Rome following the "Italy-Africa: A Bridge for Common Growth" summit. The Italian government expressed eagerness......
Prime Minister Aziz Akhannouch proudly asserts Morocco's pioneering role in renewable energy and strategic partnerships. Addressing the Italy-Africa Summit on Monday, Akhannouch underscored Morocco's prowess in solar and wind power. The North African nation embarked on its renewable energy strategy......
Visa, a global leader in digital payments, recently organized the inaugural Fintech Day in Morocco, in collaboration with the Digital Development Agency, Technopark, and the Interbank Monetary Centre. The event brought together key players from Morocco's thriving fintech ecosystem to deliberate......
The Laâyoune power plant in Morocco is poised to make history as Africa's inaugural facility entirely powered by green hydrogen, marking a transformative moment in electricity production across the continent. The 99 MW plant, currently reliant on heavy fuel oil, is slated for a groundbreaking......
In a groundbreaking move, Atlas Hospitality Group and Marjane Group have joined forces to launch a new culinary frontier in Morocco. The birth of "Flavors Food Company" signifies a strategic partnership, combining Atlas's hospitality prowess with Marjane's retail expertise, aiming to......
Morocco has emerged as a top destination for Spanish companies seeking international expansion, as highlighted by Spain's Secretary of State for Industry, Rebeca Mariola Torró Soler. Addressing a prestigious business forum in Barcelona on Monday, Soler emphasized Morocco's favorable investment......
Minister Delegate Mohcine Jazouli recently highlighted Morocco's ascent as a leading regional economic force, showcasing a modern and highly diversified economy. Speaking at a business forum in Barcelona on Monday, Jazouli accentuated Morocco's world-class infrastructure, exemplified by the Tangier......
A prominent Moroccan delegation, led by Minister Mohcine Jazouli, embarked on a captivating investment roadshow to Spain’s Basque region, with the aim of fortifying economic bonds between the two nations. The journey, jointly organized by the Morocco-Spain Economic Council (CEMAES), Catalonia’s......
Morocco's real estate sector presents a diverse tapestry, each corner narrating its unique story. Understanding its dynamics necessitates meticulous neighborhood-level analysis. Delving into over two million data points, the examination of both supply and demand aspects across major cities like......
As the security crisis in the Red Sea continues to disrupt global maritime transport, Morocco finds itself in an advantageous position, courtesy of its port, Tanger Med. With the escalation of attacks by Yemen's Houthi rebels in the region, prompting numerous vessels to reroute via the Cape of Good......