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Keywords: Development


Morocco and Japan partner on $420 million irrigation project to boost agriculture

Morocco and Japan have signed a loan agreement worth MAD 3.9 billion ($420.1 million) to finance a hydro-agricultural development project aimed at improving irrigation and agricultural productivity in southeastern Morocco’s Gharb region. The project will cover the construction of main irrigation......

Rabat’s transformation into a sports capital ahead of AFCON 2025

Rabat is positioning itself as Morocco's premier sports city as the country prepares to host the Africa Cup of Nations (AFCON) from December 21, 2025, to January 19, 2026. Historically regarded as a quiet administrative capital, Rabat has undergone a remarkable transformation, blending state-of-the-art......

Morocco surpasses high-tech manufacturing target by over a decade

Morocco’s Industry and Commerce Minister, Ryad Mezzour, has announced a significant achievement in the country’s industrial development. As of 2024, high- and medium-high-technology industries contribute over 50% of Morocco’s industrial added value, surpassing a key goal set for 2035......

Saudi Arabia's Tadawul index sees slight gains, closed at 11,098

Saudi Arabia's Tadawul All Share Index experienced a modest increase on Tuesday, climbing by 47.67 points, or 0.43 percent, to close at 11,098.80. The overall trading volume reached SR4.32 billion (approximately $1.15 billion), with 120 stocks advancing while 132 saw declines. The MSCI Tadawul Index......

Morocco urges binding commitments on climate finance ahead of COP30

Morocco has intensified its call for stronger and legally binding climate finance commitments during a preparatory meeting for COP30 in Belém, Brazil. As the host nation works to close key divides before next year’s summit, Rabat......

Moroccan real estate firm EKTAR secures $100 million for luxury housing project

EKTAR, a leading Moroccan real estate investment firm, has successfully raised over MAD 1 billion ($100 million) in its inaugural fundraising round, partnering with family offices and institutional investors. The funds will be used to develop a premium residential project featuring ELIE SAAB-branded......

Morocco explores the potential of ProSocial AI for social transformation

Cornelia C. Walther, an expert in ProSocial Artificial Intelligence with the United Nations Population Fund (UNFPA), recently concluded a three-week visit to Morocco, marking a significant step in introducing the concept of ProSocial AI to the country. On November 14, a press briefing was held at the......

Morocco unveils ambitious upgrades to air navigation and airport infrastructure

Morocco’s National Airports Office (ONDA) has announced a sweeping overhaul of the country’s air navigation system under its Airports 2030 strategy. This initiative aims to equip Morocco with a cutting-edge, resilient air traffic management system that aligns with the highest international......

Morocco advances plans to become a regional leader in aquaculture

Morocco is steadily positioning itself as a future leader in aquaculture across the region, leveraging strong political will, strategic investments, and a forward-looking vision for the blue economy, according to a recent World Bank report. The international financial institution praised Morocco’s......