Morocco’s local governments record 11 billion dirhams surplus by late 2024
The financial execution of local government budgets in Morocco has resulted in a surplus of 11 billion dirhams as of the end of November 2024, according to the General Treasury of the Kingdom (TGR)....
Morocco’s Pharma 5 launches first cannabis-based generic medication
Pharma 5, a trailblazer in Morocco’s pharmaceutical industry, has unveiled the nation’s first cannabis-based generic drug, marking a milestone in innovation and healthcare sovereignty. On December 19, at its headquarters in Ouled Saleh, Pharma 5...
What’s behind Mauritanian president El Ghazouani’s private visit to Rabat?
The recent “private” visit of Mauritanian President Mohamed Ould Cheikh El Ghazouani to Rabat, as described by the Mauritanian state news agency, carries significant strategic weight for Morocco. Although devoid of official announcements, this...
UM6P unveils “The Forge”: A launchpad for high-impact entrepreneurs
The Mohammed VI Polytechnic University (UM6P) has launched an ambitious new program, "The Forge," designed to nurture entrepreneurs with innovative ideas and help them transform these ideas into globally competitive startups. Announced on Wednesday...
Moroccan Treasury bonds surge to 60.6 billion dirhams in Q3: A strategic debt move
The Moroccan Treasury has significantly increased its domestic market issuances, reaching 60.6 billion dirhams (MMDH) in the third quarter of 2024, compared to 39.4 billion dirhams in the previous quarter. This sharp rise is...
Morocco’s monetary surge in Q3 2024: Boon or burden?
The third quarter (Q3) of 2024 brought a notable surge in Morocco’s monetary aggregate, reflecting an economy in transition. According to Bank Al-Maghrib’s (BAM) latest report on monetary policy, the broad money supply (M3)...
Royal Air Maroc expands in Brazil: A strategic relaunch full of promise
Just ten days after reinstating its direct flight between Casablanca and São Paulo, Royal Air Maroc (RAM) is making waves in the Brazilian market. On Tuesday, the airline hosted a high-profile event in São...
Morocco powers ahead: 5 billion dirhams to secure energy sovereignty by 2030
To strengthen Morocco’s energy sovereignty, the Ministry of Energy Transition and Sustainable Development is intensifying its support for private sector projects aimed at expanding petroleum storage capacity by 1.8 million cubic meters by 2030....
The ‘Sand Wall’: A strategic masterpiece defending Morocco’s Sahara
Constructed between 1980 and 1987, Morocco’s Sand Wall stands as one of the most impressive and sophisticated military defenses in the world. Born out of territorial conflicts and relentless Polisario attacks backed by Algeria,...
Urban and rural housing trends in Morocco: 2024 insights
In 2024 and according to Haut Commissariat au Plan (HCP), Morocco's housing landscape reveals noticeable shifts both in urban and rural areas, underscoring modernization, improved infrastructure, and changing living conditions across the country. In...