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Morocco’s Economy to Grow by 2.4% in 2023; 3.6% in 2024 (IMF)

Morocco’s economy is expected to grow by 2.4% in 2023, and by 3.6% in 2024, according to the International Monetary Fund (IMF). This came in the financial institution’s “World Economic Outlook” report, published Tuesday in Marrakech that is hosting the annual meetings of the IMF and the World Bank. “Growth will strengthen in 2023 compared […]

German ZF LIFETEC joins Morocco’s competitive automotive ecosystem

German ZF LIFETEC Company, a leader in automotive safety systems, has opened a production site in Tangier Automotive City, specialized in the manufacturing of vehicle steering systems. This state-of-the-art facility, built over 8,000 m2 area located near the Tangier Med industrial platform, marks a significant leap for global passive safety technology. The new plant employs […]

Moroccan airline RAM to launch Casablanca-Beijing air route in January

Morocco’s flag carrier RAM will start operating three flights per week between Casablanca and Beijing on January 16 as part of an expansion plan that also includes the acquisition of new long-haul aircrafts. RAM officials hope that the new route will help connect other African airports to Beijing Daxing airport, one of the largest in […]