Americas Business Emerging Markets Headlines International Morocco

First batch of 6 Apache helicopters arrives in Morocco

Six AH-64E Apache helicopters have been received by Morocco, in a drive to modernize the air force’s capabilities in an uncertain environment. The delivery is part of an order made in 2019 for 36 Apache helicopters and related equipment for a total cost estimated at $4.2 billion. A Moroccan Royal Armed Forces account on X […]

Business Emerging Markets Headlines Morocco

Tanger Med industrial hub reports 174 billion dirhams in business volume for 2024

Tanger Med Port Authority has released its 2024 annual results, revealing strong performance across its industrial sector with a business volume of 174 billion dirhams and over 10 billion dirhams in private investments. The Tanger Med industrial platform attracted 10.06 billion dirhams in investment during 2024 while creating a cumulative total of 14,034 new jobs. […]

Business Emerging Markets Headlines Morocco

Morocco’s tourism revenue up 10% in January

Morocco’s tourism continues its impressive performance with 10% increase in receipts to 8.8 billion dirhams or 880 million dollars, the foreign exchange office said. Remittances from Moroccans living abroad rose 0.5% to 950 million dollars in the first month this year. Foreign direct investments jumped 24% to 500 million dirhams, helping attenuate the country’s current […]

Africa Emerging Markets Headlines International Morocco

Morocco takes over North Africa vice-presidency of African Ministers’ Council on Water

Morocco has taken over the vice-presidency of the African Ministers’ Council on Water (AMCOW) for the North African region for the 2025-2027 term. This came during the 6th extraordinary session of the Executive Committee of the AMCOW Board of Directors, held on Monday. Speaking at the session via videoconference, Morocco’s Minister of Equipment and Water […]

Business Emerging Markets Features Headlines

AGOA expulsion to prompt South Africa, others to diversify export markets

As South Africa and possibly also other continental states face the real possibility of being expelled from the African Growth and Opportunity Act (AGOA), a United States Trade Act, experts are urging them to diversify their export markets. Wamkele Mene, secretary-general of the African Continental Free Trade Area (AfCFTA) Secretariat, addressed concerns at a recent […]

Business Emerging Markets Headlines Morocco

Tanger Med Port sacks its director general after ‘conflict of interest’ reports

Idriss Aarabi has replaced Hassan Abkari as director general of the Mediterranean’s largest port, after the latter featured in media articles citing a conflict of interest. Abkari was cited in multiple stories, including in Barlamane news outlet, which published documents accusing him of setting up a port counselling company in Valencia, Spain. The move was […]

Finance Headlines Tunisia

Tunisia posts lowest growth prospects in southern Med- EBRD

The Tunisian economy continues to reel under the impact of the President Kais Saied’s power grab. The country is expected to be the least performer in the southern Mediterranean region, compared to its peers, the European Bank for Reconstruction and Development (EBRD) said. While the region’s economic growth is expected to stand at 3.7% in […]

Africa Business Emerging Markets Headlines International Morocco

Chadian delegation explores investment opportunities in Dakhla region

A Chadian economic delegation visited Dakhla on Friday to explore business prospects in the region and discuss ways to strengthen bilateral cooperation. This visit is part of Chad’s Economic Promotion Week in Morocco, aimed at showcasing the country’s economic potential in the Kingdom across various sectors and fostering the development of win-win business partnerships between […]

Americas Business Emerging Markets Headlines International Morocco

Delta Air Lines to launch Atlanta-Marrakech direct air route

Morocco reinforces its air links with the US with the launch of a direct route by Delta Air Lines linking the main hub of Atlanta with Marrakech. A deal was signed between Morocco’s tourism promotion office and the airline, which will help link Marrakech airport to a third North American airport after Montreal and New […]

Africa Emerging Markets Headlines International Morocco

Moroccan stadiums to be ready by August to host 2025 African Cup of Nations

An ongoing upgrade of nine stadiums will be completed between March and August this year ahead of the African Cup of Nations due in December, the Moroccan government said. Benslimane stadium, near Casablanca, will be ready in December 2027, ahead of the 2030 World Cup, the Moroccan government said in a statement following a meeting […]