- 16:55Qatar confirms bid to host the 2036 Olympic Games
- 16:45Aoun visits Bahrain as Lebanon seeks renewal of Gulf ties
- 15:33Volcanic haze and air pollution linger in Iceland after eruption
- 15:00“Enough is enough”: French unions launch petition opposing Bayrou’s budget plan
- 14:30Morocco adopts criminal procedure reform to strengthen justice and human rights
- 14:00 In Dakar, Morocco renews its vision for a strong and united Atlantic Africa
- 13:45Salam discusses ongoing financial reforms with French official Jacques de Lajugie
- 13:30Bessent: No reason for fed chair powell to resign amid political pressure
- 13:15Portugal backs Morocco's autonomy plan for the Sahara as “the most serious and credible solution”
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Economy
A recent report by international law firm Giambrone & Partners highlights Morocco as an attractive destination for foreign investors due to its political stability, strategic location, and business-friendly policies. Key Sectors for Investment 1. Renewable Energy - Significant investments......
China Baoan and its subsidiary Betrui have unveiled a substantial $370 million investment in Tanger Science and Technology City, aimed at producing 60,000 tons of anode material annually. This development strengthens Morocco's foothold in the global lithium battery market. Building on Betrui’s......
A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......
Barclays, one of seven foreign lenders assisting the Israeli government in selling debt, has reaffirmed its commitment to participating in Israeli government bond auctions. This decision follows reports that the bank had considered withdrawing from these auctions in response to pressure from pro-Palestinian......
In a significant shake-up at the helm of one of the world's most recognizable coffee chains, Starbucks has announced the departure of its Chief Executive Officer after less than two years in the position. This sudden change comes amid a backdrop of declining sales and a global customer boycott linked......
Morocco has emerged as a standout in the global service export arena, climbing to the 29th position in 2023. With service exports reaching an impressive $25 billion, a 16% increase from the previous year, this North African nation leads the continent's growth in this sector, according to the World......
Morocco is grappling with a severe cost-of-living crisis, deeply affecting hunger and anemia rates among young women. Despite post-COVID economic growth, inflation has strained middle and lower-income families, leading to increased food insecurity. Economic Struggles and Food Scarcity The UN’s......
Morocco must revitalize its financial sector to enhance its appeal as a business hub, according to the Milken Institute's 2024 Global Opportunity Index (GOI). Despite efforts to improve business allure, Morocco ranks 80th out of 129 countries in business infrastructure. The GOI evaluates countries......
Morocco stands at a pivotal crossroads as it seeks to transition to high-income status. The World Bank’s 2024 World Development Report, titled “The Middle Income Trap,” outlines a comprehensive roadmap for over 100 middle-income nations, including Morocco, to achieve this ambitious......
In 2023, Moroccan operators successfully exported 200 kilograms of legal cannabis resin, marking a significant step in the nation's burgeoning cannabis industry. This resin, with a tetrahydrocannabinol (THC) content below 1%, was priced between €1,500 and €1,800 per kilogram, depending......
Morocco's corporate landscape has made a remarkable impact in the Forbes Middle East 2024 rankings, with four companies earning prestigious spots among the top 100 listed firms. Attijariwafa Bank Group: A Financial Powerhouse Attijariwafa Bank Group, under the leadership of Chairman and CEO Mohamed......
Morocco is setting the stage for the 2030 FIFA World Cup, which it will co-host with Spain and Portugal, by unveiling a strategic infrastructure development plan as part of its 2025 Finance Bill. This initiative aims to transform key cities into world-class venues, ready to welcome the global sporting......
Morocco is currently experiencing a severe meat crisis, with the cost of beef and lamb soaring above 100 MAD, leaving many citizens struggling to afford these essential foods. This significant price hike, ongoing for nearly two years, has sparked widespread public discontent and placed immense pressure......