First Independent Mena Newspaper
The Middle East crisis has quickly evolved into a global shock to the labor market, says the International Labor Organization, stressing the crisis has led to higher energy prices, disruptions to transport routes, supply chains, tourism, investment confidence, migration flows and remittances. With soaring oil prices, ILO forecasts work hours to fall by 0.5 per […]
Morocco and South Korea have discussed ways of strengthening strategic partnership in military and shipbuilding industries during a video-conference meeting held lately on Comprehensive Economic Partnership Agreement (CEPA). According to press reports, Seoul is seeking to position its companies in Morocco naval programs, while Rabat is interested in developing its nascent military industry through partnerships, […]
Morocco is rapidly establishing itself as the Mediterranean’s fastest-growing aerospace manufacturing hub, drawing sustained investment from global industry leaders seeking cost efficiency, supply chain resilience and proximity to European markets. Already Africa’s top aerospace manufacturing hub, the North African kingdom has transformed its aerospace sector over the past two decades into a key pillar of […]
Midparc, the 128-hectare aeronautical industrial park at Nouaceur near Casablanca, is approaching saturation and planning an extension, its CEO Hamid Benbrahim El Andaloussi told Le360 in a detailed interview published Sunday. The park, inaugurated by King Mohammed VI on September 30, 2013, today hosts approximately thirty companies including Airbus with two factories, Safran, Pratt & […]
Morocco has cemented its position as North Africa’s leading corporate force, with its companies dominating regional rankings and highlighting the country’s growing economic strength. According to African Business, Moroccan firms now account for the overwhelming majority of the region’s largest listed companies. The latest data shows that eight of the nine biggest listed companies in […]
Libya and Germany held a meeting in Tripoli on Sunday to discuss means of strengthening investment cooperation and expanding economic relations between the two countries. The meeting, held on the eve of the fifth edition of the Libyan-German Forum scheduled for May 19–20 in Tripoli, gathered Minister of Economy and Trade Suhail Abu Shiha and […]
Morocco has become one of the most strategic and promising states in Africa and the Arab world and has leveraged, under King Mohammed VI, its geography to facilitate trade, investment, and security cooperation across continents, pointed out the prestigious American think tank The Stimson Center in a report on the Kingdom. The report emphasizes that […]
Morocco’s OCP Group, the world’s largest producer of phosphate & phosphate-based fertilizers, has been listed this year among the leading global chemical brands in the latest “Chemicals 50” report, issued by the “Brand Finance”, the world’s leading brand valuation consultancy. Morocco’s national phosphate champion with brand value at $ 603 million is a new entrant […]
American GE Vernova company, a leading energy equipment manufacturer and services provider based in Massachusetts, has launched a center for Power Transmission digital services in Casablanca, Morocco. The center will help GE Vernova service teams support customers operating power transmission equipment worldwide. The Company has chosen Casablanca for its growing pool of digital engineering talent. […]
Casablanca Finance City (CFC), a premier investment gateway to Africa, has launched a roadshow in China to attract companies seeking to expand footprint in the African continent offering huge business opportunities. The roadshow will visit key Chinese cities including Peking, Shanghai, Jinan, and Qingdao. It aims to promote CFC as a driver of Chinese-African economic […]