Business Features Finance Headlines

World Bank supports Morocco’s vision for new generation of territorial development programs- IFC Regional Director

The World Bank Group supports Morocco in its vision for a new generation of territorial development programs, launched under the guidance of King Mohammed VI, said the International Finance Corporation (IFC) Regional Director for North Africa, Cheick-Oumar Sylla. “Morocco’s vision for a new generation of territorial development programs offers a key opportunity to deepen the […]

Americas Features Headlines International

U.S. and Morocco still negotiating F-35 deal, regional game-changer

The United States and Morocco are still negotiating the sale of F-35 lightning II stealth fighters, according to Africa Intelligence news platform. The deal estimated at $17 billion for 32 aircraft package comes amid Algeria’s acquisition of Russian Su-57 Felon fighters. The military deal, which includes training, and long-term maintenance, will enable Morocco to maintain […]

Business Emerging Markets Features Headlines Morocco

Modern Diplomacy Magazine sheds light on Morocco’s impressive transformation & economic rise

Morocco’s modernisation is an inspirational success. The country has built world-class ports, attracted tens of billions in investment, and positioned itself as a bridge between Africa and Europe—and between East and West, says Modern Diplomacy magazine in its latest edition. Since 2020, the country has drawn about $40 billion in greenfield manufacturing investment, becoming the […]

Algeria Features Headlines Maghreb Morocco

King Delivers Speech after UNSC backing autonomy under Moroccan sovereignty

“Praise be to God. May peace and blessings be upon the Prophet, His Kith and Kin. Almighty God said : «Verily, We have granted you a manifest Victory». True is the Word of God Dear Citizens, After fifty years of sacrifices, and with the help and guidance of the Almighty, we are starting a new […]

Features Headlines Maghreb

UNSC Votes on Resolution 2797 Recognizing Autonomy Plan Under Moroccan Sovereignty as Genuine Solution

The UN Security Council approved a resolution Friday backing Morocco’s sovereignty claim over Western Sahara, aligning with the Trump administration’s position in the strongest international endorsement yet of Rabat’s control over the territory. The US-sponsored resolution passed with 11 votes in favour, while Russia, China and Pakistan abstained and Algeria, which supports the independence-seeking nationalist […]

Algeria Features Headlines Maghreb

Algeria’s pro-separatist activism at the UN reveals its role as genuine party to Sahara conflict

As the United Nations Security Council prepared to vote on a pivotal resolution endorsing Morocco’s autonomy plan for Western Sahara, Algeria launched a last-minute diplomatic offensive to alter the language of the U.S.-drafted text. The resolution, which framed Morocco’s autonomy initiative as basis for negotiations was met with unprecedented activism by Algiers which proposed amendments […]

Features Headlines Morocco

UN to vote on resolution endorsing autonomy under Moroccan sovereignty

The UN Security Council will vote this Oct 31 on a resolution that calls for the parties to negotiate on the basis of Morocco’s autonomy plan as the conflict nears its 50th anniversary. Morocco’s Autonomy Proposal, first submitted in 2007, is described in the resolution as a “most feasible” basis for a just, lasting, and […]

Business Emerging Markets Europe Features Headlines International

Andalucia Businessmen Interested in Investment Opportunities in Morocco’s Aeronautical Market worth over $2.8 Bln

A delegation representing several Spanish aerospace companies from Seville and Cadiz visited lately Casablanca to explore the investment opportunities offered in the Kingdom’s aeronautic sector, generating annual revenue exceeding $ 2.8 billion. The Spanish trade mission was organized by Andalucía TRADE, Andalucía Aerospace and Moroccan grouping of aeronautical & space industries (GIMAS) to strengthen business […]

Business Emerging Markets Features Headlines Morocco

Moroccan industry posts record revenue and investment surge in 2024

Morocco’s industrial sector marked a historic breakthrough in 2024, generating 898 billion dirhams in revenue and achieving a record 30% increase in investment, industry and trade minister, Ryad Mezzour said. Speaking at the presentation of the Industry barometer, Mezzour said 2024 was “a decisive turning point” in Morocco’s industrial development. He emphasized the sector’s growing […]

Business Emerging Markets Features Headlines Morocco

Morocco and Renault sign investment agreement to boost automotive sector

The Moroccan government and Renault Group have signed an amendment to their existing investment agreement, marking a significant new chapter in the strategic partnership between the Kingdom and the French automotive manufacturer. Under the agreement, signed in Rabat, Renault will expand its operations to open its platforms to more hybrid and electric car production. Renault […]