Morocco Aims to Boost Railway Network, Targeting Top 20 Global Ranking by 2020
12 October 2019
To join the club of the 20 largest rail networks in the world by 2020. This is Morocco’s ambition.
Economy
Morocco’s Air Travel Boom: Airbus Forecasts Need for 260 New Aircraft by 2038
12 October 2019
Morocco would need at least 260 new aircraft by 2038 to cope with the growth of travelers in its airports. This is what the Director of Marketing for Airbus Africa and the (…)
Morocco Sees Sharp Drop in Foreign Direct Investment Amid Rising Outbound Investments
12 October 2019
The flow of Moroccan Direct Investments Abroad (IDME) recorded a strong increase, going from 2.89 billion dirhams in 2018 to 5.93 billion dirhams in 2019.
Rabat’s Billion-Dollar Makeover: Ambitious Projects Face Maintenance Challenges
12 October 2019
While the "Rabat, city of light" program has helped transform the urban landscape of the capital of the Kingdom through the realization of dozens of infrastructure and local (…)
Royal Air Maroc Cancels Order for Two Boeing 737 MAX Aircraft Amid Safety Concerns
12 October 2019
Royal Air Maroc has abandoned the acquisition of two additional new Boeing 737 MAX aircraft.
Hassan II Mosque Launches Energy Efficiency Project to Cut Costs and Emissions
12 October 2019
The energy efficiency project is now at the heart of the priorities of the Hassan II Mosque Foundation in Casablanca.
Japanese Auto Parts Giant JTEKT Opens $22 Million Steering System Factory in Morocco
11 October 2019
The Japanese group, JTEKT corporation, inaugurated on Wednesday, October 9, a new production site for steering systems. A 220 million dirham investment spread over an area of (…)
Morocco Climbs in Global Competitiveness Ranking, Excels in Economic Stability and Security
11 October 2019
Despite its stagnation in the 2019 ranking of the World Economic Forum (WEF), Morocco manages to hold its own by showing a slight improvement. Its financial system and (…)
Morocco to Introduce New Tax for Small Traders to Combat Informal Economy
10 October 2019
The special "Small Traders" tax is about to come into force as early as next year. This is one of the main recommendations of the 3rd National Tax Conference.
Casablanca Leases Streetlight Ad Spaces at Controversial Low Rates
10 October 2019
The Casablanca City Council has plunged the city into total anarchy. It has sold off its advertising spaces at derisory prices, to the benefit of an awarded company that has (…)