musée YSL

Aeronautics: Pratt and Whitney to build new facility in Morocco

Morocco has attracted a new heavyweight investor to its burgeoning aerospace ecosystem thanks to its political stability, geostrategic position, modern infrastructures, skilled manpower, tax incentives and free-market economy. On Tuesday, Pratt & Whitney, an American aerospace manufacturer with global service operations, announced at Paris airshow that it will build a facility in Casablanca to manufacture […]

Moroccan banks report record profit in 2024

Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]

Algerian regime’s futile attempts to derail Human Rights Council session chaired by Morocco

The Algerian regime is trying to disrupt Morocco’s presidency of the 57th session of the Human Rights Council, convening in Geneva, by hosting side-events in support of the Polisario, a desperate move which comes after several international bodies have affirmed that the Algeria-backed separatist project has failed and the game is over. After suffering embarrassing […]