Europe Headlines International Morocco

Moroccan team, equipment dispatched to Spain to assist with relief efforts in flood-hit Valencia region

On High Royal Instructions, Morocco demonstrates its active solidarity with the Spanish people by mobilizing extensive logistical resources to support relief efforts in the areas affected by the recent flooding in the Valencia region, Morocco’s ambassador to Spain, Karima Benyaich, said. Following the floods that devastated several regions in Spain, King Mohammed VI had instructed […]

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Morocco poised to become competitive EV battery export hub- UK report

Morocco’s booming EV battery industry positions the country to become an export hub to the EU and the US by 2030, said a report commissioned by the UK government under its Manufacturing Africa program. Morocco “could competitively produce and export LFP batteries to Europe by 2030 at USD 68-72/kWh. This could generate USD 10-15 billion […]

Asia Headlines International Morocco

Morocco’s Top Police Chief Participates in Naif Arab University for Security Sciences’ Activities in Riyadh

Abdellatif Hammouchi, Director General of Morocco’s National Security and Territorial Surveillance (DGSN-DGST), in his capacity as a member of the Supreme Council of the Naif Arab University for Security Sciences (NAUSS), participated in the 50th session of the NAUSS Supreme Council annual meeting, as well as the official graduation ceremony for the 42nd batch of […]

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Ryanair launches direct flights from Dakhla to Madrid and Lanzarote

Ryanair will connect the city of Dakhla in the Moroccan Sahara to Spanish Capital Madrid, and Lanzarote in the Canary Island. The direct route will be opened in January 2025, under an agreement between the low-cost airline and Morocco’s tourism promotion office ONMT. Nestled along the sun-kissed Atlantic coastline, this enchanting city has swiftly risen […]

Emerging Markets Finance Headlines Morocco

Climate Resilience: IMF supports Morocco’s efforts with $415 Mln funding

The International Monetary Fund (IMF) has approved $415 million to support Morocco’s efforts to mitigate the negative impacts of climate change on its economic growth. Morocco continues to make progress in bolstering its resilience against climate change and seizing the opportunities from decarbonization, under the Resilience and Sustainability Facility (RSF), said the Fund in a […]

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France’s commitment to contribute to socio-economic development of Moroccan Sahara renewed by Ambassador Lecourtier

France is committed to contributing to the socio-economic development of the Dakhla-Oued Eddahab region, as part of the multifaceted cooperation between France and Morocco, Ambassador Christophe Lecourtier said Tuesday in Dakhla. “We are working to embody France’s concrete willingness” to contribute, alongside Morocco, to enshrining the economic and social development of the southern provinces, Lecourtier […]

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Spain buys seismometers for Gibraltar Strait tunnel studies

Spain has acquired four seismometers under a lease-to-own contract, for a total cost of nearly 500,000 euros. These devices will be used to study the seismic activity in the Strait of Gibraltar area, where the future railway tunnel connecting Morocco to Spain is planned to pass, Spanish portal Vozpopuli reported. The connection points are expected […]

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Morocco plans trains assembly plant- minister

Morocco plans to set up a train assembly plant that will be geared for exports as well as for domestic use as the country expands its rail network, the transport minister Abdessamad Kayouh said. Briefing MPs on the latest developments on the rail sector, the minister said rail operator ONCF will add an additional 1300 […]

Emerging Markets Energy Europe Headlines International Morocco

Morocco’s experience in climate adaptation highlighted at COP29 in Baku

Morocco’s experience in adapting to climate change and its commitment to play a key role in energy transition at national, continental, and international levels were highlighted before the High-Level Segment for Heads of State and Government of the ongoing COP29 summit held in Baku. The kingdom’s experience was presented by Head of Government Aziz Akhannouch, […]

Emerging Markets Finance Headlines Morocco

Moroccan stock exchange launches futures market

Moroccan financial regulators announced the launch of the futures market which would help the Casablanca stock exchange attract more investors. The launch was announced in a ceremony by bourse regulator AMMC, the finance ministry and the central bank, who all highlighted the importance of the financial instrument in the reforms launched by the country to […]