Asia Emerging Markets Headlines International Morocco

Morocco’s RAM mulls reopening Casablanca-Beijing direct flights

Morocco’s flag carrier RAM is considering reopening direct flights between Casablanca and Beijing, after a four-year pause that started with the outbreak of Covid 19, a RAM source said. With the expected increase in its fleet, RAM would relaunch direct Morocco-China flights in early 2025, a RAM source told Hespress. RAM used to operate three […]

Americas Headlines International Maghreb Morocco

Brazil supports Morocco’s serious & credible efforts to resolve Sahara issue within framework of autonomy initiative

The government of Brazil has praised Morocco’s serious and credible efforts engaged for the settlement of the Sahara issue within the framework of the autonomy plan presented by Rabat in 2007. This supportive stand comes in a joint statement released in Rabat following the talks held Friday between Brazil’s foreign minister Mauro Vieira and Moroccan […]

Asia Business Columns Emerging Markets Headlines International Morocco

Gotion High Tech gigafactory in Kenitra to start exports in 2026 – minister

The $1.3 billion gigafactory to be built by EV battery maker Gotion High Tech will start production in 2026 and will export 85% of its output, Moroccan minister in charge of investment Mohcine Jazouli said. The Moroccan government and Sino-European Gotion High Tech signed an investment deal for the plant which will be located in […]

Emerging Markets Finance Headlines Morocco

Morocco’s 2023 GDP rises to $146 billion- statistics agency

Morocco’s 2023 gross domestic product grew to $146 billion, after posting a more than expected growth rate at 3.4%, despite the impact of drought and inflation, the statistics agency, HCP, said. The performance came on the back of a growth in non-agricultural activity by 3.5% and a 1.4% growth in the farming sector, as lack […]

Europe Headlines International Morocco

Spanish police arrest ISIS follower in collaboration with Morocco’s DGST

The Spanish National Police announced, on Thursday, the arrest in Teulada (Alicante), of an individual for his alleged membership of the terrorist ISIS group, during an operation carried out jointly with Morocco’s Directorate General of Territorial Surveillance (DGST). “The individual is accused of alleged participation in the crimes of integration of a terrorist organization, recruitment, […]

Asia Business Emerging Markets Energy Headlines International Morocco

Gotion High-Tech to set up industrial ecosystem for electric batteries manufacturing in Kenitra

Morocco and the Chinese-European Gotion High-Tech Group, a leader in the field of electric vehicles, signed, on Thursday in Rabat, a strategic investment agreement worth 12.8 billion dirhams on the setting up of a comprehensive industrial ecosystem for the manufacturing of electric batteries in Kenitra. The investment agreement, signed at a ceremony chaired by Head […]

Africa Algeria Headlines International Morocco

Africa-Football: CAF denies postponement of AFCON-2025, axing Algeria’s raging media campaign

The Confederation of African Football has denied press reports alleging the postponement of the 2025 Africa Cup of Nations to be hosted by Morocco, deflating the smear campaign launched by the Algerian regime which was vying for the tournament. On Wednesday, French sports newspaper L’Equipe quoted CAF’s Secretary General as saying that the 2025 Morocco […]

Emerging Markets Europe Finance Headlines International Morocco

Germany assists Morocco’s earthquake reconstruction program with €100 million loan

Germany has granted Morocco a €100 million loan to assist the Kingdom’s earthquake reconstruction program, alleviate the socio-economic burdens placed on the local population, and assist in managing the aftermath of the disaster that hit Morocco in September last year. The loan agreement was signed in Rabat on Wednesday by Minister in charge of Budget, […]

Emerging Markets Europe Headlines International Morocco

Morocco’s investment potential under spot lights in London

Morocco as an attractive investment destination was under the spotlights during the 10th edition of “The Africa Debate”, held Wednesday in London. The event, named “Morocco Investment Forum,” provided a platform to promote the wide range of opportunities Morocco is offering in different sectors, mainly renewables, telecommunication, and industry. The event focused on Morocco’s strategic […]

Business Emerging Markets Headlines Morocco

Morocco’s Tanger-Med ranks fourth in latest Port Performance Index

Tanger-Med is the fourth top-performing port in the world, according to the latest global Container Port Performance Index (CPPI). The Moroccan port is ahead of all European and African ports for the second consecutive year. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of CPPI is based on the biggest […]