Business Emerging Markets Headlines International Lifestyle Morocco

Morocco, United Nations celebrate International Argan Day on May 10 in New York

Morocco and the United Nations will celebrate International Argan Day on May 10 at the United Nations headquarters in New York, under the theme “Local socio-economic development and sustainability of the Argan ecosystem.” Since its proclamation by the UN General Assembly in March 2021, May 10 of each year has been celebrated as International Argan […]

Asia Business Emerging Markets Headlines International Morocco

Morocco seeks more Asian tourist arrivals

Morocco’s tourism promotion office ONMT signed deals with Asian tourism professionals and operators in a push to showcase Morocco’s attractions and attract more arrivals. The deals aim to double flights from Gulf airports, a key hub connecting Morocco to the rest of Asia and Australia. The ONMT also agreed with Wego group, a search engine […]

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Africa to become world’s fastest-growing region, outpacing Asia — report

The African Continental Free Trade Area (AfCFTA) will facilitate economic growth and development on the continent that is projected to become the world’s fastest-growing region, with six out of the ten fastest-growing economies in 2023 being African countries, according to a new report by the Mo Ibrahim Foundation. The AfCFTA presents a huge opportunity for […]

Business Emerging Markets Headlines Morocco

Morocco endeavors to develop, modernize agricultural sectors

Morocco is endeavoring to develop and modernize agricultural sectors. To this end, 19 new generation program contracts, covering 10 years, were concluded between the State and the profession, on the sidelines of the International Agricultural Show in Morocco (SIAM) held in Meknes. The contracts are worth 110.698 billion dirhams to which the State will contribute […]

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Sahara: British MPs impressed by development level in Laayoune-Sakia El Hamra

Members of a delegation of British Conservative MPs from the House of Lords, on a working visit to Morocco, said, Thursday in Laayoune, that they have been “impressed” by the level of development in the Laayoune-Sakia El Hamra region and the projects launched in all areas. This visit has allowed the Lords to see on […]

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Automotive Industry: Korean group SJM Inaugurates New Site in Tangier

The Korean group SJM inaugurated, Thursday in Tangier Automotive City (TAC), a new industrial unit specialized in the production of modules and interior components of flexible insulation for the automotive industry. This new facility, which was inaugurated in the presence of officials of the Korean group and the Tangier Med group, is part of the […]

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American Jewish Committee briefed on development dynamics in Dakhla-Oued Eddahab

Members of a delegation of the American Jewish Committee visited Dakhla where they were briefed on the dynamics of development in the Dakhla-Oued Eddahab region and the projects launched in all fields. The members of the delegation, led by the head of the Political Affairs Department of the American Jewish Committee (AJC), Jason F. Isaacson, […]

Business Emerging Markets Headlines Morocco

Morocco, 3rd World Exporter of Fresh Raspberries

Morocco has become among the top three exporting countries of fresh raspberries, according to latest data released by East Fruit online magazine. In 2022, the North African Kingdom exported 56,000 tons of fresh raspberries, ranking 3rd in the world, advanced by Spain (72,000 tons) and Mexico (112,000 tons). Morocco, which has outperformed the United States […]

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German chancellor, on ‘charm offensive’ in East Africa, backs G20 seat for AU

Germany supports the inclusion of the African Union (AU) in the G20 group of nations, the country’s Chancellor, Olaf Scholz, said on Thursday, May 4, as he arrived in Kenya on a three-day trip in East Africa, that will also take him to Kenya. The visits are meant to advance talks on trade and co-operation […]

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Gabon, Sierra Leone adhere to Fund for Export Development in Africa

Gabon and Sierra Leone have become member of the Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank (“Afreximbank”), set up to support intra-African trade growth, value-add export development, and industrialization. “The accession of these two countries is a crucial step in strengthening its ability to provide significant […]