Lear Expands in Morocco: New Auto Parts Plant to Create 2,000+ Jobs in Meknes
27 October 2022
The American automotive supplier Lear is strengthening its activities in Morocco with the inauguration in Meknes of a new plant, the 16th in the kingdom.
Economy
Morocco Invests 4 Billion Dirhams to Expand Key Tourist Airports
26 October 2022
As part of its investment plan called Envol 2025, aimed at supporting the growth of the tourism sector, the National Airports Office (ONDA) will mobilize an amount of 4 billion (…)
Morocco’s Beloved Green Tea Faces Price Pressure Amid Global Market Shifts
26 October 2022
Green tea prices have remained stable in Morocco, despite the volatility of international commodity prices. But how long will this stability last?
Maroc Telecom Pays $238 Million Fine Amid Ongoing Unbundling Dispute
26 October 2022
Maroc Telecom has announced that it has paid the fine of 2.45 billion dirhams (MMDH), imposed by the National Telecommunications Regulatory Agency (ANRT).
Egyptian Billionaire Eyes $150 Million Investment in Morocco’s Green Energy Sector
26 October 2022
The CEO of Hassan Allam Holding, the Egyptian businessman Amr Allam, plans to invest up to $150 million in Morocco in the renewable energy and seawater desalination sectors.
Royal Air Maroc Expands Network with 5 New Routes, Including Paris to Marrakech
25 October 2022
Royal Air Maroc (RAM) continues to reopen its global network. In its new flight program, the airline has announced the launch of five new air routes.
Morocco’s Civil Service Reaches 565,429 Employees in 2023, Government Report Shows
25 October 2022
The data recorded in the report on human resources accompanying the 2023 Finance Bill indicate that Morocco has 565,429 civil servants this year.
Moroccan Civil Service Salaries Rise 15% Over Past Decade, Government Report Shows
24 October 2022
Between 2012 and 2022, the average salary in the Moroccan civil service increased by 15.1%, according to the Ministry of Economy and Finance.
Egyptian Tycoon Sawiris Eyes $100 Million Investment in Morocco’s Tech Sector
24 October 2022
Naguib Sawiris, Egyptian businessman, plans to invest $100 million in Morocco in the new technologies sector. His Orascom group is targeting the electric vehicle battery industry.
Morocco to Introduce Housing Assistance Program in 2023 Budget
24 October 2022
The government plans to introduce housing assistance in the 2023 budget for eligible buyers.