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Economy
Esteemed economists and policymakers from the Middle East and North Africa convened in Cairo this week to formulate plans aimed at promoting inclusive development within the region. This high-level seminar sought to build upon the momentum generated during last fall's "Call for Action,"......
Rabat, Morocco - Smurfit Kappa Morocco has recently achieved an impressive trifecta of prestigious certifications for its operations in Rabat, solidifying its unwavering commitment to quality, sustainability, and food safety. In a remarkable feat, just months after inaugurating its new facility, the......
Moroccan motorists received encouraging news at the pump this week as fuel prices continued their downward trend. Reports from major cities across the country confirm that the cost of diesel and gasoline experienced a decline on Tuesday, offering additional relief for drivers grappling with high fuel......
Rabat - The second annual Rabat Networking Days facilitated enlightening dialogue and unveiled abundant opportunities, propelling students at Al Akhawayn University in Ifrane into the heart of Rabat's diplomatic and communications landscape. Held on January 11-12, this two-day event seamlessly......
Nadia Fettah Alaoui's remarkable journey from private equity to the pinnacle of Moroccan politics has secured her a coveted spot on Forbes' prestigious "50 Over 50" list for the Middle East and North Africa. As the daughter of a prominent Moroccan official, Fettah Alaoui received her......
Madrid - Spain's leftist government has secured a victory for workers by announcing a significant 5% increase in the national minimum wage, effective January 1st. This retroactive raise elevates the monthly minimum from 1080 euros to 1134 euros, benefiting approximately 2.5 million low-wage workers. The......
In a historic move, Morocco has officially become a member of the Integrated Industrial Coalition for Sustainable Economic Development, aligning itself with regional powerhouses such as the United Arab Emirates, Jordan, Egypt, and Bahrain. The coalition is strategically designed to spur regional economic......
Madrid - Spain received encouraging economic news to kick off 2023, as the country's inflation rate exhibited further signs of moderation in December. According to data released on Friday by the National Statistics Institute (INE), consumer prices rose by 3.1% year-over-year last month, a decrease......
A new report reveals a record-breaking surge in global renewable energy infrastructure installation last year, but critical climate targets remain unmet, highlighting the urgency for more substantial efforts. In 2023, an astounding 507 gigawatts (GW) of renewable electricity generation capacity came......
Dutch shipping giant, WEC Lines, is set to revolutionize the shipping industry with the introduction of a groundbreaking direct route connecting Agadir, Morocco, and the Port of Liverpool in the United Kingdom. Scheduled to kick off this month, this novel service aims to offer importers a fast and environmentally......
Representatives from the Kingdom of Morocco and Saudi Arabia convened this week to formalize an agreement aimed at boosting cooperation between the two nations in the mining sector. On Tuesday, Moroccan Minister of Energy Transition and Sustainable Development Leila Benali and Saudi Minister of......
The Moroccan government, under the leadership of Infrastructure Minister Nizar Baraka, has pledged a significant investment of 20 billion dirhams to revamp the nation's road infrastructure through comprehensive regional development programs. This substantial commitment is designed to elevate connectivity......
Azura Group, a global leader in the fruit & vegetable and aquaculture sectors, has entered into a strategic partnership with Suez, a leading provider of circular economy solutions for waste. The collaboration involves the signing of two 6-year contracts for the management of organic waste from Azura’s......