Business Emerging Markets Headlines Morocco

Tanger Med Port: Over 10 Mln containers processed in 2024, Mediterranean leadership consolidated

The Tanger Med port complex has processed 10,241,392 containers in 2024, representing a growth of 18.8% increase compared to 2023 throughput tally. This performance reflects the trust of international shipping operators in the service provided by the Moroccan port which was reinforced with modern facilities and new equipment reducing the ships waiting and maneuvering times, […]

Emerging Markets Headlines Morocco

Morocco to train 40,000 volunteers by World Cup date

Morocco is preparing a training scheme for 40,000 volunteers, mostly university students, to ensure a better organization of the World Cup, chairman of the World Cup organizing committee Fouzi Lekjaa said. The global event, to last seven weeks, would create at least 100,000 jobs in the Moroccan economy and attract at least 10 million visitors […]

Business Emerging Markets Headlines Morocco

Morocco to invest $10bln in rail projects by 2030

Morocco is planning to invest an additional 10 billion dollars (96 billion dirhams) to expand and develop its railway network, transport minister Abdesamad Kayouh said. At least, 5.3 billion dollars will be spent on the high-speed rail link between Kenitra and Marrakech as well as on the development of regional trains, the minister told MPs. […]

Emerging Markets Europe Headlines International Morocco

Spanish official describes migration cooperation between Rabat and Madrid as an ‘example to follow’

Cooperation between Morocco and Spain in circular migration, combining economic development, women’s empowerment, and the strengthening of bilateral ties, is an example to follow, Spanish Minister of Inclusion, Social Security and Migration, Elma Saiz, stated. “Cooperation with Morocco, a partner and friendly country, is based on innovative migration policies such as circular migration, as well […]

Community

Morocco’s strategy to fight terrorism in Africa highlighted before UN Security Council

The main pillars of the strategy put in place by Morocco to fight terrorism, particularly in Africa, were highlighted Tuesday before the UN Security Council during a public debate on the fight against terrorism led by Africa. In his address during the debate, Morocco’s Permanent Representative to the UN Omar Hilale outlined the multi-faceted strategy […]

Africa Emerging Markets Headlines International Morocco

Morocco calls on Africans to take control of instruments of their health sovereignty

Morocco has called on Africans to take control of the instruments of their health sovereignty, especially so as the continent has all necessary human resources. The call was launched by Morocco’s Minister of Youth, Culture, and Communication, Mohamed Mehdi Bensaid, at the opening Wednesday in Sale, Rabat’s twin city, of the 8th General Assembly of […]

Africa Emerging Markets Headlines International Morocco

CAF highlights Morocco’s track record in hosting major international events

The Confederation of African Football (CAF) highlighted Tuesday Morocco’s proven track record in hosting major international football events, as it is set to stage the upcoming Africa Cup of Nations (AFCON 2025). “Morocco’s selection as the host for AFCON 2025 is no surprise,” CAF wrote in a statement published on its official website. From the […]

Uncategorized

Morocco becomes Renault’s second largest production site

Morocco’s Renault factories hit a record production at 413,614 vehicles in 2024, becoming the group’s second largest production site. Most of the production was reported in the Tangier factory with 312,381, followed by Somaca in Casablanca with 101,203 cars, Renault Morocco director General Mohamed Bachiri told a press conference. Morocco-made cars represented 18% of all […]

Emerging Markets Finance Headlines Morocco

Morocco’s budget deficit drops to $6.4 bln in 2024

Morocco’s budget deficit shrunk to 64.4 billion dirhams ($6.4 bln) in 2024, from 74.9 billion dirhams, as a rise in government revenue continued to offset higher spending, the Moroccan treasury said. The deficit eased to 3.9% last year from 4.4% a year earlier, as the government increases its ordinary revenue and tax receipts, it said. […]

Asia Headlines International Morocco

Moroccan-Pakistani security cooperation discussed in Rabat

Security cooperation between Moroccan and Pakistance was at the focus of a meeting held in Rabat Monday between Director General of National Security (DGSN) and Territorial Surveillance (DGST), Abdellatif Hammouchi, and Acting Inspector General of Police at the Pakistani Ministry of the Interior, Salman Choudhry, who is on a working visit to the Kingdom at […]