Prince moulay rachid receives kuwaiti FM

Chinese clothing manufacturer opens 3rd factory in Morocco

Chinese-owned garment manufacturer “Omega Textile Maroc” opened in Casablanca a new facility, the third of its kind in the North African Kingdom, which is attracting more and more investors and businesses. The company, which makes socks and lingerie items, has invested over $7.1 million in the new unit to create 627 new jobs, including 240 […]

Sahel trio to fund regional investment bank as break with ECOWAS deepens

The military-led governments of Mali, Niger, and Burkina Faso have unveiled plans to fund a new regional investment bank with a portion of their national tax revenues, signaling a deepening break from traditional financial partners and regional bodies. Each country will contribute approximately 5% of its annual tax revenues to the bank, which aims to […]

Morocco to Audit Direct Housing Aid Program Ahead of 2028 Deadline

Two years after its launch, Morocco’s direct housing subsidy program, known as Daam Sakane, is entering a phase of in-depth evaluation, the Housing Ministry has announced, as officials look to assess the program’s real effects on households, the property market and the wider economy ahead of its scheduled expiry in 2028. Launched in January 2024, […]