How Morocco plans to become FIFA’s football hub with tax breaks
As Morocco gears up to co-host the 2030 FIFA World Cup with Spain and Portugal, the country is positioning itself as a key regional hub for football by welcoming a permanent FIFA office in...
CGEM delegation strengthens economic ties with Moroccan entrepreneurs in Canada
A delegation from the General Confederation of Moroccan Enterprises (CGEM) visited Quebec for a working trip and held discussions with Moroccan entrepreneurs based in Canada. The meeting, which took place in Montreal on Monday...
Morocco-France partnership set to strengthen ahead of Macron’s state visit
The longstanding economic ties between Morocco and France are entering a new, dynamic phase as French President Emmanuel Macron prepares for a state visit to Morocco. This highly anticipated visit is expected to mark...
ONHYM & ONEE sign gas transport agreement via Maghreb-Europe pipeline
The National Office of Hydrocarbons and Mines (ONHYM) and the National Office of Electricity and Drinking Water (ONEE) have signed a contract for the transport of natural gas through the Maghreb-Europe Gas Pipeline (GME),...
RCI Finance Maroc successfully issues 400 million dirham bonds to bolster growth
RCI Finance Maroc has successfully completed a 400 million dirham bond issuance, offering two-year financing at a rate of 3.34%. This latest financial move increases the company's outstanding financing bonds (BSF) to over 1.7...
IMF projects Morocco’s economic growth at 2.8% in 2024, 3.6% by 2025
Morocco’s economy is set to grow by 2.8% this year and 3.6% in 2025, according to the latest projections from the International Monetary Fund (IMF). These estimates were published in the IMF's updated World...
BANK OF AFRICA launches “Capacity Impact” program to drive sustainable growth
BANK OF AFRICA has officially launched its first regional capacity-building initiative, titled "Capacity Impact." This program is part of the Pan-African Chair for Sustainability and Impact Finance, established in collaboration with leading Moroccan academic...
Mojazine wins final contract for Kenitra-Marrakech high-speed rail construction
Mojazine, a Moroccan construction firm, has landed the prestigious final contract for civil engineering works on the Kenitra-Marrakech high-speed rail (LGV) project. This victory is a testament to the growing expertise and innovation of...
Moroccan Sahara: Ecuador withdraws recognition of the so-called ‘SADR’
Ecuador has officially decided to suspend its recognition of the self-proclaimed "Sahrawi Arab Democratic Republic" (SADR), a move that marks a significant change in its diplomatic stance. Ecuador initially recognized the SADR in 1983...
Swiss tourist killed in brutal knife attack in Algeria’s Sahara
A Swiss tourist was brutally killed in the southern Algerian city of Djanet on October 11, 2024. The attack, eerily reminiscent of the 2014 beheading of French national Hervé Gourdel, has sparked international concern,...