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 […]

Energy Features Headlines

Morocco’s OCP Group to invest $13 bln by 2030

Morocco’s state-owned phosphate giant, OCP Group, is set to close 2025 with investments totaling 53 billion dirhams – as part of an already announced 13 billion-dollar investment plan by 2030- driven by major projects including the expansion of fertilizer production capacity, according to a government report attached to the 2026 draft finance bill. Published by […]

Africa Features Headlines International

Morocco & Gambia Sign Military Cooperation Agreement

Morocco and Gambia have agreed to strengthen their military cooperation through training, exercises, the exchange of visits, experiences & expertise in various fields of mutual interest. The agreement was sealed during the visit minister of Defence of Gambia Baboucarr Ousmaila Joof is paying to Morocco with a high-level delegation. A Joint Military Commission will be […]

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Preparations for Opening of U.S. Consulate in Dakhla in full swing

A delegation of diplomats from U.S. embassy in Rabat arrived in Dakhla to prepare the opening of an American consulate, confirming the recognition of the United States of Morocco’s full sovereignty over its entire Saharan territory. The American delegation, which also includes diplomats from U.S. Consulate in Casablanca, held a series of meetings with Ali […]

Americas Features Headlines International Morocco

Paraguay Announces its Decision of Opening Consulate in Moroccan Sahara

The Republic of Paraguay, which recognizes Morocco’s sovereignty over the Sahara, has decided to open soon a Consulate in the Moroccan Saharan territory. The decision was announced by FM of this South America country Rubén Ramírez Lezcano during a meeting held Wednesday in Rabat with Moroccan peer Nasser Bourita. Paraguay’s top diplomat has also reaffirmed […]

Business Emerging Markets Energy Features Headlines

OCP Group Posts Record 97 Billion Dirham Revenue in 2024

Morocco’s phosphate giant OCP Group achieved exceptional financial performance in 2024, recording revenue of 96.99 billion dirhams and net profits surging 46% to 20.9 billion dirhams, marking the company’s second-best year in history while accelerating its green transformation initiatives. The state-owned company, which controls over 70% of global phosphate rock reserves and holds 31% market […]

Europe Features Headlines International Maghreb

Morocco-EU Joint Parliamentary Committee Meets in Rabat to discuss cooperation between EU & its Southern Partners

The 12th annual meeting of the Morocco-European Union Joint Parliamentary Committee opened Wednesday in Rabat, under the co-chairmanship of Moroccan MP Lahcen Haddad and MEP Ruggero Razza, to discuss cooperation ties between the EU and its Southern partners for a more stable, prosperous, and interconnected region. Speaking on the occasion, Haddad said the meeting takes […]

Algeria Features Headlines Tunisia

Geopolitics: Algerian Regime Treats Tunisia as its Wilaya & Backs Kaïs Saïed to Keep Tunis in Its Orbit

Algeria’s shaky regime grips Tunisia like a lifeline, preferring a compliant neighbour to a competitive one; it now treats the country as a de facto wilaya and backs Kaïs Saïed’s tenure to keep Tunis under its influence, says the NY-based Geopolitics magazine. Algeria is locked in an archaic rent-seeking system nurtured by anti-Moroccan nationalism. It […]