Agricultural activity declines by 4.9% amid severe drought in Q2 2024
Agricultural value added fell by 4.9% in the second quarter of 2024, compared to a 1.5% increase a year earlier. This downturn, mainly due...
Al Boraq’s success paves the way for Morocco’s ambitious rail expansion
In 2022, Morocco's high-speed train, Al Boraq, transported an impressive 4.15 million passengers, marking a 38% increase compared to 2019. With a 58% occupancy...
Extractive industries, construction, and commerce drive Q2 2024 growth
The second quarter of 2024 saw significant dynamism in the extractive industries, construction, and commerce sectors, each contributing to the overall economic expansion.
Extractive industries...
“Sentury Tire” opted for Morocco over Spain amid bureaucratic delays
The Spanish press has expressed frustration over the administrative delays that led Chinese tire giant Sentury Tire to abandon its plans in Spain in...
Q2 2024 sees 2.9% growth, driven by domestic demand
The national economy has shown a 2.9% growth in the second quarter of 2024 compared to the same period last year, up from a...
Employer branding: The key to attracting top talent
Finding the ideal company is a challenge for both young professionals and experienced workers. This is the key takeaway from a unique survey conducted...
Cannabis: Moroccan medical firm “Promamec” enters German CBD sector
Moroccan medical device company Promamec has acquired a 51% stake in two German companies, NGPH and MyHerbliz, which specialize in cannabidiol (CBD) products. The...
Holmarcom Group acquires majority stake in seafood processor “Scandimar”
As part of its growth strategy in the agro-industrial sector, Holmarcom Group has acquired 60% of the capital of Scandimar, a company specializing in...
Attijariwafa Bank and Al Akhawayn University unite for youth skills development
In a significant move to bolster youth talent development, Attijariwafa Bank Group and Al Akhawayn University have entered into a new partnership agreement. This...
From farm to table: LabelVie enhances agricultural partnerships
For the past ten years, the LabelVie Group has been dedicated to putting customers at the heart of its efforts. By investing in essential...