Morocco plans trains assembly plant- minister

Morocco plans to set up a train assembly plant that will be geared for exports as well as for domestic use as the country expands its rail network, the transport minister Abdessamad Kayouh said. Briefing MPs on the latest developments on the rail sector, the minister said rail operator ONCF will add an additional 1300 […]

Morocco-Israel: Royal Cabinet warns PJD Secretariat General over its “irresponsible” remarks; reminds it foreign policy is part of the Sovereign’s prerogatives

Morocco’s Royal Office has issued this Monday a statement warning the Secretariat General of the Justice and Development Party (PJD) over “irresponsible excessive views and dangerous approximations” concerning Morocco’s relations with Israel,” pointing out that the instrumentalization of the Kingdom’s foreign policy in a domestic partisan agenda constitutes “a dangerous, unacceptable precedent,” and recalling that […]

WB expects Morocco’s growth to reach 2.5% in 2023 & 3.3% in 2024

Morocco’s economic growth is expected to reach 2.5 pc in 2023 before rebounding to 3.3 pc in 2024, according to the World Bank’s latest Global Economic Prospects report. The persistent drought and high inflation are weakening growth in Morocco, with unemployment rising to above its pandemic peak in March 2023, said the WB. However, growth […]