Morocco’s leading construction company TGCC has established a foothold in the Saudi Arabian market through a strategic partnership with Naif Alrajhi Investment, according to an announcement made Monday. The agreement will enable TGCC’s Middle East subsidiary to collaborate on construction projects developed by the Saudi investment group in the Gulf kingdom. This partnership represents TGCC’s […]
Egypt recorded its highest-ever monthly inflow of U.S. dollars in July 2025, reaching a staggering $8.5 billion, as announced by Prime Minister Mostafa Madbouly. This figure, which excludes volatile “hot money” investments, reflects robust economic confidence and includes a notable contribution from remittances—Egyptians working abroad sent over $3.6 billion in July alone. The surge in […]
The regions of Casablanca, Rabat and Tangier have created 60% of Morocco’s GDP in 2020, with five other regions contributing by 33%, the high commission for planning said. Morocco’s GDP dropped to $115 billion in 2020 under the double impact of the pandemic and drought. The three leading economic regions are also demographically dense compared […]
