Alstom Invests €10.5 million in Morocco over two years

Alstom is investing €10.5 million in Morocco to build a new production line and develop capability in the country to manufacture on board transformers. It will be the second production line at Alstom’s facility in Fez, which currently produces harnesses and electrical cabinets for rail and take up about 13,000 m2 of the facility and […]

MOROCCO’S SOCIAL PROTECTION SPENDING TO REACH 39 BILLION DIRHAMS IN 2025

Morocco’s ambitious social protection program will require 39 billion dirhams in funding for 2025, rising to 41 billion dirhams in 2026, as the government expands universal healthcare and direct social assistance, Prime Minister Aziz Akhannouch announced Tuesday. Speaking before the Chamber of Counselors during a monthly plenary session on economic policy, Akhannouch detailed the government’s […]

Is France seeking to mend ties with Morocco?

French foreign minister Catherine Colonna will pay a visit to Morocco on Dec. 15-16 to discuss bilateral ties with her Moroccan peer Nasser Bourita after a period of faltering ties on the backdrop of France’s limiting number of visas for Moroccans. The news was relayed by the AFP which also cited Colonna saying she will […]