Morocco
Morocco's Fès-Meknès Region Secures $100 Million in Industrial Investments
Four economic partnership agreements were signed in Fès under the aegis of the Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid Elalamy.
Topic
Industry
Morocco
Morocco Celebrates First International Argan Tree Day, Highlighting Economic Impact
It was the city of Agadir that hosted on May 10 the celebration of the very first International Argan Tree Day initiated by Morocco and the UN. An opportunity to learn more about this sector that employs 25,500 people in Morocco and weighs 1.2 billion dirhams in turnover.
Morocco
Moroccan Cannabis Advocate Opposes Recreational Legalization, Citing UN Convention
Chakib El-Khayari, coordinator of the Coalition for the Medical and Industrial Use of Cannabis (le Kif), opposes the legalization of cannabis for recreational purposes. He is surprised by the number of parties calling for this.
Morocco
Morocco's Automotive Exports Surge 38.9% in Q1 2021, Boosting Economy
In Morocco, exports in the automotive sector are strongly increasing in the first quarter of 2021, reaching 38.9% for a gain of 22.6 billion dirhams. These figures show a clear progression compared to the same period in 2020, according to the Office of Foreign Exchange.
Morocco
Moroccan Industrial Giant DLM Seeks Recovery Amid Financial Crisis
Fallen into cessation of payments and at the heart of a judicial recovery plan since April 26 last, the industrialist Delattre Levivier Maroc (DLM) says it is optimistic and confident about its way out of the crisis.
Morocco
Morocco's Cannabis Legalization Push Seeks European Support for Medical and Industrial Use
The legalization of cannabis cultivation in Morocco for medical and industrial purposes would make life better for more than a million Moroccan farmers. Europe is expected to be more open to supporting this dynamic and helping to set up this industry.
Morocco
Morocco Launches $500 Million Industrial Zone Expansion Near Casablanca
Morocco intends to give a boost to the industrial sector. In this sense, tenders have been launched for a total investment of over $500 million in the form of public-private partnerships.
Morocco
Spirit Aerosystems Expands Aerospace Footprint with Moroccan Acquisition
The object of all desires, the Bombardier Morocco site has fallen into the hands of the American industrial group Spirit Aerosystems, which wants to make it a great opportunity to develop its network in Morocco.
Morocco
Morocco's Economy Shows Signs of Recovery Despite Drop in Expatriate Arrivals
Bank Al-Maghrib is optimistic about Morocco’s economic situation. This emerges from its April economic situation note on the main figures of the Moroccan economy, including Moroccans residing abroad.
Morocco
Tanger Med Industrial Zones See 10% Growth Despite Pandemic Challenges
The production of the six industrial activity zones of Tanger Med has seen a remarkable increase despite the Coronavirus pandemic. According to the CEO of Tanger Med Zones, Jaafar Mrhardy, who spoke during a webinar, the activities have recorded a growth of up to 10%.
Morocco
Chinese Investors Visit Morocco to Finalize Tanger Tech City Project Financing
Officials from China Communications Construction Company/China Road and Bridge Corporation (CCCC/CRBC), the Chinese group party to the project to build the modern industrial city "Mohammed VI Tanger Tech City," have traveled to Morocco to finalize with the co-shareholders the modalities for setting up the financing of this project.
Morocco
Morocco's Manufacturing Sector Sees 0.3% Rise in Producer Prices for February
For the month of February 2021, the producer price index for the "Manufacturing industries excluding petroleum refining" sector increased by 0.3%. This is according to information published by the High Commission for Planning (HCP).