Keywords: Investments


Tangier's Tech City Attracts Major Industrial Players with $910 Million Investments

In a significant step towards enhancing Morocco's industrial capabilities, two major international companies have signed agreements to establish manufacturing facilities in the Mohammed VI Tanger Tech City. These projects, collectively valued at $910 million, are set to create over 3,000 job opportunities,......

Moroccan Diaspora Boosts Economy with $2.7 Billion in Remittances

Morocco's strategic efforts to engage its diaspora have paid off significantly, with $2.7 billion in remittances received by the end of March 2024. Although slightly lower than the same period last year, this substantial inflow underscores the crucial role that Moroccans living abroad play in driving......

Moroccan Automotive Sector Seeks Greater Boost with Stock Market Support

The automotive sector currently represents 1% of Morocco's stock market capitalization, with ambitions to double or triple this contribution in the short term. This key sector of the national industry is poised to enter a new phase of development with the support of the stock market and the financial......

Morocco's Green Hydrogen Offer Draws Interest from Global Players

Morocco's offer regarding green hydrogen is already attracting interest from major global operators, who have dispatched representatives to engage with Moroccan officials on this strategic initiative. Here are the insights. It took less than a week for the first delegations of foreign officials......

UAE's Global Investment Influence Expands; Morocco Emerges as Key Beneficiary

In a testament to the UAE's burgeoning global investment influence, Morocco, in North Africa, has emerged as a significant beneficiary, attracting a remarkable $30 billion in investments from the Gulf state. This revelation comes from Jamal Saif Al Jarwan, the esteemed Secretary-General of the UAE......

Cybersecurity Takes Center Stage in Moroccan Business Agendas for 2024

Cybersecurity has emerged as the paramount concern for Moroccan companies in 2024, according to a recent study conducted by AUSIM in collaboration with PwC Morocco. The report highlights that 90% of businesses in the country now prioritize cybersecurity as a fundamental issue. Following closely behind......

Nezha Hayat Secures Third Term as Chair of MENA Financial Market Regulators

Nezha Hayat, the chief of Moroccan Capital Markets, has solidified her standing as a leader in regional financial regulation by securing her reelection as the chair of the Africa and Middle East committee of the International Organization of Securities Commissions (IOSCO). The announcement, made this......

Morocco's Treasury Fuels Optimism with Strategic Investments

Morocco's Treasury is confidently steering the nation towards sustained financial prosperity. In a strategic move this week, the Treasury and External Finance Department (TEFD) allocated an impressive 2.32 billion Moroccan dirhams ($239 million) from cash surpluses to short-term operations. This......

Morocco Allocates Excess Cash into Short-Term Investments

In a strategic move, the Moroccan government is actively deploying its surplus funds, committing over 3 billion Moroccan dirhams (equivalent to over $300 million) into short-term debt instruments this week. On Friday, the Treasury and External Finance Department, a division within the Ministry of Economy......