Emerging Markets Europe Finance Headlines International Morocco

EBRD: Haytham Eissa, new head of bank’s office in Morocco

The European Bank for Reconstruction and Development (EBRD) has appointed Haytham Eissa Head of the Bank’s Office in Morocco, in replacement Antoine Sallé de Chou. Mr Eissa said: “Building on the EBRD’s strong track record in Morocco, I am committed to driving even greater impact in the years ahead. We will continue to invest in […]

Europe Headlines International Maghreb Morocco

Sahara: Belgium set to join its European allies in backing Morocco’s Autonomy Plan

The Belgium federal government is expected to align its position on the Sahara with that of its major European allies (France, Spain, Portugal…) which support Morocco’s Autonomy plan offered for the territory under the Kingdom’s sovereignty, ditching the self-determination referendum option. According to “Africa Intelligence” media platform, Belgium will announce its new position by the […]

Business Emerging Markets Finance Headlines Morocco

Five Moroccan regions dominate 74% of national consumer spending

Morocco’s household consumption patterns reveal stark regional disparities, with five regions accounting for 74 percent of the nation’s total consumer spending in 2023, according to data released Tuesday by the High Commission for Planning (HCP). The concentration underscores persistent economic imbalances despite ongoing development initiatives. Casablanca-Settat leads overwhelmingly with 25 percent of national household final […]

Business Emerging Markets Europe Headlines International Maghreb Morocco

Morocco, Spain renew interest in undersea tunnel

The long-discussed undersea tunnel that would link Morocco and Spain across the Strait of Gibraltar has gained fresh momentum following the signing of new contracts aimed at reviving the ambitious infrastructure project. Spain’s Ministry of Transport has commissioned public company EniCo to conduct a comprehensive financial feasibility study, backed by €350,000 in funding from the […]

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Chinese automotive supplier Tianyouwei installs in Morocco with $76 Mln investment

Tianyouwei, a Chinese producer of automotive instrument panels and smart cockpit solutions, has decided to invest $76 million in its new production site in Morocco. The new plant will produce electronic dashboards and all in-vehicle electronic components destined for the European market. The Chinese company said the establishment of a manufacturing site in Morocco represents […]

Emerging Markets Finance Headlines Morocco

Morocco’s central bank chief among world’s best- Global Finance

Abdellatif Jouahri, Governor of Bank Al-Maghrib, has been named in the list of the world’s top central bank governors in the 2025 edition of Global Finance magazine’s annual Central Banker Report Cards. Jouahri earned an “A” rating -the highest possible distinction- recognizing his continued excellence in steering Morocco’s monetary policy through complex global and domestic […]

Business Emerging Markets Europe Headlines International Morocco

Eurowings to launch four new European routes to Marrakech this winter

German leisure airline Eurowings, a subsidiary of the Lufthansa Group, will expand its operations in Morocco with the launch of four new direct routes to Marrakech for the upcoming winter season. The new connections will link the Moroccan tourist hub, better known as the Red City, to Hanover, Salzburg, Stuttgart, and Prague, with flights commencing […]

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Tangier Grand Stadium nears completion for African football showcases

Morocco’s ambitious stadium modernization program reaches a crucial milestone as the Grand Stadium of Tangier approaches its late September completion deadline, according to project architect Anouar Amraoui. The $360 million renovation transforms the venue into a 75,000-seat football-dedicated facility, eliminating the athletics track to create an intimate spectator experience meeting FIFA World Cup standards, Amraoui […]

Business Emerging Markets Europe Headlines International Morocco

Air Cargo: Germany TCE opens its 1st African office at Casablanca Mohammed V Airport

Morocco’s air operational services have been boosted with the opening by German leader TCE of its first African office at Casablanca Mohammed V Airport (CMN). “Morocco is a natural choice for our African debut. Its strategic location connecting Africa, Europe, and the Middle East, combined with modern logistics infrastructure and a dynamic export market, make […]

Asia Culture Headlines International Morocco

Bayt Mal Al-Quds Asharif Agency donates Palestinian kids school backpacks rekindling joy

After having organized summer camps for dozens of Maqdessi children in Morocco, Bayt Mal Al-Quds Acharif Agency has donated school backpacks to Palestinian students bringing back smile to them on the occasion of the start of the new school year. The operation of distribution of school backpacks was launched Sunday in the village of Nabi […]