Business Emerging Markets Features Headlines Morocco

Morocco Launches “Made in Morocco” Label to Boost Industrial Sovereignty

Morocco unveiled its “Made in Morocco” label during the third National Industry Day held November 3-4 in Rabat, marking a strategic push to enhance manufacturing competitiveness and territorial development under royal patronage. Prime Minister Aziz Akhannouch highlighted infrastructure investments supporting industrial growth, including Tanger Med Port, over 1,800 kilometers of highways, 157 industrial zones, and […]

Business Emerging Markets Features Headlines Morocco

King Mohammed VI launches major development projects at Casablanca port complex

On Thursday, King Mohammed VI oversaw the inauguration and inspection of several major projects forming part of the redevelopment of the Casablanca Port Complex, designed to enhance the city’s economic vitality and tourism potential. With an estimated investment of 5 billion dirhams, the initiative features the development of a new fishing port, a shipyard, a […]

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Morocco: Trafficking attempt of over 4 tons of cannabis resin foiled at Tanger Med

Police and customs officers at Tanger Med Port thwarted an international drug smuggling attempt early Sunday morning, seizing 4.37 tons of cannabis resin hidden inside a fruit shipment bound for Europe, a security source said. The joint control operations carried out by the police and customs services of a Morocco-registered international freight truck heading to […]

Business Emerging Markets Energy Headlines Morocco

Tanger Med 100% green: leading maritime sustainability

The Tanger Med port complex has achieved a significant environmental milestone by switching to 100% renewable energy as of January 1, 2025, as part of its ambitious plan to reach carbon neutrality by 2030. This initiative is backed by substantial investments of approximately 2 billion dirhams aimed at transforming the port’s energy infrastructure and reducing […]

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Tanger Med industrial hub reports 174 billion dirhams in business volume for 2024

Tanger Med Port Authority has released its 2024 annual results, revealing strong performance across its industrial sector with a business volume of 174 billion dirhams and over 10 billion dirhams in private investments. The Tanger Med industrial platform attracted 10.06 billion dirhams in investment during 2024 while creating a cumulative total of 14,034 new jobs. […]

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Morocco’s Tanger Med to outperform nominal capacity in 2024

Morocco’s Tanger Med is expected to outpace its nominal container capacity this year, as the port strengthens its foothold as a major transshipment hub, a port official told Reuters. The port is poised to handle more than 9 million containers after 8.6 million containers last year, that is a growth of 13.4% compared to the […]

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Morocco’s Tanger-Med ranks fourth in latest Port Performance Index

Tanger-Med is the fourth top-performing port in the world, according to the latest global Container Port Performance Index (CPPI). The Moroccan port is ahead of all European and African ports for the second consecutive year. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of CPPI is based on the biggest […]

Headlines Morocco

Morocco: Drug trafficking attempts thwarted in Agadir, Tanger-Med

Authorities in Agadir have successfully intercepted this Sunday a fishing boat that was used for smuggling purposes, and seized a substantial quantity of narcotics totaling 10 metric tons and 542 kilograms of Chira, a potent form of cannabis resin. According to statements from the General Directorate of National Security (DGSN) and the General Directorate of […]

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Morocco, “the art of navigating global disorder” (Bloomberg)

Morocco “shows the art of navigating global disorder”, underlines the U.S. Bloomberg agency, noting that the Kingdom “is walking a diplomatic tightrope that many middle-income nations in an increasingly polarized world, from South Africa to Brazil, are struggling to navigate.” Despite being battered by the Covid-19 pandemic, rising US-China tensions and the war in Ukraine, […]

Headlines Morocco

Morocco: Gold coins worth over $51 K seized in Tanger-Med

The customs operating at the port of Tanger Med have recently foiled an attempt to smuggle gold coins worth nearly $51,500. The customs aborted an attempt to smuggle out 150 pure gold old French coins without authorization, a source at the customs said. A Frenchman attempted to smuggle these coins, weighing 964 grams, out of […]