Morocco Cuts Budget Deficit by MAD 4.2bn in Seven Months
Morocco’s budget deficit stood at MAD 50.5bn ($5.1bn) at the end of July, down from MAD 54.7bn a year earlier, according to the Ministry...
Chinese auto parts giant opens new company in Tangier
Chinese auto parts maker Wuhu Sanlian Forging has set up a new company in Tangier as it prepares to expand its production operations in...
Morocco’s F-16 programme gets fresh US technical support
The US Department of War has awarded Lockheed Martin a new contract worth up to $31.291 million for engineering services and technical assistance to...
Spain takes in €890m of Moroccan fruit and vegetables in five months
Spain imported more than 303,000 tonnes of fruit and vegetables from Morocco between January and May, worth about €890m. The value of the imports...
A.P. Moller Capital to take majority stake in Globex
A.P. Moller Capital has agreed to buy a majority stake in Globex Investissement, a transport and logistics company operating under the FedEx brand in...
LabelVie breaks $1bn sales mark in first half of 2026
LabelVie sold more than Dh10bn worth of goods in the first six months of 2026, helped by higher sales at existing stores and new...
Visa uses WAFCON to teach 750 young fans about money
For 750 young fans, WAFCON 2026 offered more than a chance to watch football. They also got to walk onto the pitch with some...
Maersk Is Rerouting Cargo Through Tangier to Beat Casablanca Delays
Getting goods into Casablanca is getting harder as the port handles more cargo. Maersk is now using Tangier as the main entry point for...
Amethis exits Globex after four years
Amethis has sold its stake in Globex, ending a four-year investment in one of Morocco's major logistics companies. The private equity firm invested in...
No bidders: high-speed rail project hits delay in Marrakech
A key part of the high-speed rail project between Kenitra and Marrakech has been delayed after no company bid for a contract to build...