Business Emerging Markets Headlines Morocco

Morocco’s rail operator seeks acquisition of 168 trains before 2030

Morocco’s rail network operator ONCF launched a call for competition for the acquisition of 168 trains from 2027 to 2030 in a tender that would total 1.6 billion dollars in investments.   ONCF is seeking 150 inter-city travel trains and 18 high speed trains, it said in a statement as it also plans to extend […]

Business Headlines Maghreb Morocco

Morocco’s OCP and rail operator join efforts to develop Morocco’s hotel industry

As part of overhauling Morocco’s public enterprises and improving their finances, rail operator ONCF will give up its shares in epic Mamounia hotel to phosphates fertilizers producer OCF in a new alliance that also includes Hassan II fund for economic development. Under this deal, the jewels of Morocco’s hotel industry will remain Moroccan. Besides Mamounia, […]