UNCTAD: Morocco designated Chair of GSTP, recognition of the Kingdom’s commitment to multilateralism

Moroccan ambassador to the UN Office in Geneva, Omar Zniber, has been named Chair of the Committee of Participants of the Global System of Trade Preferences among Developing Countries (GSTP), in recognition of the key role played by the Kingdom in South-South cooperation and efforts engaged for a fair international trading system. The Committee of […]

Morocco’s Foreign Investment Surges 63% in First Quarter of 2025

Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]

France Loans Morocco €128 million to buy Locomotives

France granted a 128 million euro loan to fund the locomotives that Morocco’s national railway operator (ONCF) plans to purchase as part of its development program. The loan will boost the ONCF shift to electric railway in line with Morocco’s environmental commitment. ONCF posted a net profit of 223 million Dirhams in 2016, up 31% […]