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Keywords: Modernization


Morocco reforms check laws to support businesses and modernize economy

Morocco has implemented a groundbreaking reform of its commercial code, eliminating automatic jail sentences for issuing checks without sufficient funds. The new approach emphasizes payment resolution, debt regularization, and economic responsibility, marking a shift from punitive measures to a more......

Morocco increases defense budget to $15.7 billion for 2026

Morocco has once again raised its defense spending, allocating MAD 157.171 billion ($15.7 billion) for 2026, according to the draft finance law submitted to parliament. The funds are earmarked for the acquisition and maintenance of equipment for the Royal Armed Forces (FAR) and to support the growth......

Al Omrane enhances commercial strategy to boost performance and impact

The public housing and urban development holding, Al Omrane, is embarking on an extensive modernization of its commercial and marketing functions. This initiative aims to optimize customer acquisition, retention, and debt recovery while establishing a cohesive brand architecture and a more efficient......

Morocco introduces commerce code reform to rebuild confidence in cheque payments

Morocco has approved a major reform of its Code of Commerce to restore confidence in cheques as a reliable payment instrument and to ease the legal burden caused by unpaid transactions. The Council of Government validated the draft bill during its latest meeting, with government spokesperson Mustapha......

Alstom wins €260 million contract to modernize Morocco’s rail network

French transport giant Alstom has secured a €260 million contract to upgrade the railway line connecting Kenitra and Settat, marking a major milestone in Morocco’s ongoing rail sector transformation. The deal, signed with a consortium that includes Alstom, INEO Rail, and INEOLUM, will see......

Morocco and Niger deepen military cooperation as Sahel challenges persist

A high-ranking military delegation from Niger recently concluded a week-long visit to Morocco, underscoring the strengthening ties between the two nations amid growing regional instability in the Sahel. Under the guidance of His Majesty King Mohammed VI, Army Corps General Mohammed Berrid hosted Niger’s......

Marsa Maroc secures ZPMC partnership to modernize Casablanca and Nador West Med terminals

Marsa Maroc has finalized a major agreement with Chinese manufacturing giant ZPMC to supply 18 next-generation container gantries, as part of its strategic push to enhance Moroccan port infrastructure under its “Marsa 2030” vision. The deal was concluded during a meeting in Casablanca between......

Spain launches €13 billion airport overhaul to meet tourism demand

Spain’s state-owned airport operator Aena announced on Thursday a historic €12.8 billion ($15 billion) investment plan to modernize and expand the country’s airport infrastructure over the next five years. Spanning 2027-2031, this initiative marks Aena’s largest airport investment......

Morocco and Saudi Arabia sign agreements to modernize postal and e-commerce sectors

Barid Al-Maghrib and Saudi Post have solidified their partnership through two landmark agreements signed during the 28th Universal Postal Congress in Dubai. These accords aim to advance innovation and growth in postal services and e-commerce, marking a critical milestone in regional collaboration and......