A new high-tech textile industrial unit in Casablanca will start operations shortly, under an agreement signed this week by Minister of Industry and Trade, Moulay Hafid Elalamy, and the managing director of Omega Textile Maroc, Song Linghui. The unit, requiring an investment of 80 million dirhams, will manufacture hosiery, socks and lingerie by using new […]
The International Monetary Fund has praised the resilience shown by Moroccan economy to challenging external conditions. Despite water scarcity, the September 2023 earthquake, and country’s economic activity picked up to 3 % in 2023 thanks to strong exports and a rebound of domestic demand In a press release issued Wednesday, the Fund’s Executive Board, which […]
Moroccan athlete Soufiane El Bakkali won the gold medal in the 3000m steeplechase this Monday (August 2nd) at the ongoing Olympic Games in Japan, giving Morocco its first medal at the Games. This is the first golden medal for Morocco since those gleaned by Hicham El Guerrouj in Sydney. El Bakkali becomes the […]
