Business Headlines Morocco

Tanger Med outperforms Mediterranean, African peers in 2025 with record performance

The Tanger Med port complex posted new traffic records in 2025, driven by rising container volumes, expanding bulk activity and continued growth in passenger and truck movements, according to the port authority’s annual report, which said the performance helped the port keep its position as the largest in Africa and the Mediterranean. The port’s four […]

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 […]

Business Features Finance Headlines Maghreb

Morocco’s Foreign Investment Surges 63% in First Quarter of 2025

Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]

Business Emerging Markets Headlines International Morocco

Tanger Med emerges as strategic maritime hub amid global trade disruptions

Morocco’s Tanger Med port is gaining prominence as a key transshipment hub linking Asia, Europe, and Africa, as global trade routes shift under the pressure of geopolitical tensions, energy transition, and rising protectionism. The port’s operational efficiency and growing connectivity are positioning the Kingdom as a strategic logistics pivot at the crossroads of continents, according […]

Emerging Markets Energy Headlines Morocco

Tanger Med Port accelerates green transition, targets carbon neutrality

Morocco’s Tanger Med port complex is implementing a comprehensive energy transition strategy aimed at achieving 100% green operations by 2030, responding to climate challenges and international maritime regulations while maintaining global competitiveness. The strategy positions the hub between Europe, Africa, and Asia at the forefront of sustainable port operations, reported Challenge Magazine in its latest […]

Business Emerging Markets Headlines Morocco

Tanger Med group revenue up 12.3% in 2024

Tanger Med Group, which manages the largest Mediterranean port, logistics and industrial zones, reported an annual 2024 revenue up 12.3% to $1.23 billion. The performance was largely on the back of higher container activity in the port, ranked 17th worldwide. Morocco’s Tanger Med port has widened the gap with other Mediterranean competitors, outperforming all with […]

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Tanger Med climbs in Alphaliner global container port ranking

Tanger Med jumped to the 17th position among the World’s largest container ports, Alphaliner said in its recent ranking. The Moroccan port won two places after it handled 10.24 million TEU containers in 2024, compared to 8.61 million the previous year. Tanger Med Port, at the gate of the Gibraltar Strait, outperformed all Mediterranean and […]

Business Emerging Markets Headlines Morocco

Tanger Med Port sacks its director general after ‘conflict of interest’ reports

Idriss Aarabi has replaced Hassan Abkari as director general of the Mediterranean’s largest port, after the latter featured in media articles citing a conflict of interest. Abkari was cited in multiple stories, including in Barlamane news outlet, which published documents accusing him of setting up a port counselling company in Valencia, Spain. The move was […]

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, […]

Business Emerging Markets Europe Headlines International Morocco

Maritime Transport: Danish giant maersk abandons Algeciras stop, opts for Tanger Med Port

The Danish maritime transport giant has announced a significant route modification for its India-United States service, a change aimed at enhancing service quality by reducing transit times. In a strategic move to improve its India-North America service, Maersk’s MECL service will add a stop at Mundra, India, while simultaneously discontinuing its westbound call at the […]