Moody’s

Tough times ahead for Morocco’s RAM airlines

Like other airlines across the globe, the coronavirus pandemic has disrupted the plans of Moroccan airline plans for regional expansion pushing it to cut staff, axe routes and adopt painful austerity measures. The company plans to lay off 750 employees including 150 pilots, in a move that is met with fierce resistance from unions. The […]

Chinese Company Tinci chooses Morocco to build a $280 million battery electrolyte plant

Chinese group Tinci Materials Technology willis preparing to set up a factory in Jorf Lasfar dedicated to the production of electrolytes and raw materials for electric batteries. This industrial project, with an estimated investment of $280 million (nearly 2.8 billion dirhams), will have an annual production capacity of 150,000 tons of finished products for the […]

US State Department Hails Morocco’s Political Stability & Attractive Business Climate

Morocco enjoys political stability, robust infrastructure, and a strategic location, which have contributed to its emergence as a regional manufacturing and export base for international companies, says the State Department in its 2019 Climate Investment Statements.   Morocco is actively encouraging and facilitating foreign investment, particularly in export sectors like manufacturing, through macro-economic policies, trade […]