Spanish PM to Visit Morocco, Aiming to Boost Bilateral Relations
3 December 2020
The head of the Spanish Executive is expected in Morocco on December 17th. This upcoming visit by Pedro Sanchez could give a good boost to Moroccan-Spanish relations.
Investment
Morocco Emerges as Attractive Investment Hub for European Industries
3 December 2020
Morocco is currently a credible alternative for European countries. Speaking to the press on Tuesday in Rabat, the Minister of Industry, Trade, Green Economy and Digital, (…)
EU Considers Support for Morocco’s Mohammed VI Investment Fund Amid Economic Recovery
2 December 2020
The Minister of Economy, Finance and Administration Reform, Mohamed Benchaâboun, met on Tuesday with the European Commissioner for Neighborhood and Enlargement, Oliver (…)
Morocco’s Tourism Sector Faces Investment Freeze Amid COVID-19 Crisis
26 November 2020
The health crisis related to the coronavirus has had a negative impact on tourism investments to the point of darkening the horizon of a better tomorrow.
Morocco to Produce Sinopharm Covid-19 Vaccine in New Tangier Facility
24 November 2020
A new technical platform dedicated to the manufacture of the new Covid-19 vaccine will be inaugurated in Tangier. The announcement was made by the director of the biotechnology (…)
Morocco’s GDP Doubles in Two Decades, Surpassing 1 Trillion Dirhams
16 November 2020
Between 2000 and 2019, Morocco’s Gross Domestic Product (GDP) doubled, reaching over 1,000 billion dirhams. This is what the Minister of Economy indicated in his response, (…)
Moroccan Bank Deposits Surge Despite COVID-19 Economic Challenges
16 November 2020
Until the end of September, the economic activity of banks does not seem to be affected by the effects of the health crisis. The outstanding deposits and loans have recorded an (…)
Morocco to Build Africa’s Largest Seawater Desalination Plant in Casablanca
12 November 2020
The process is underway for the realization of a large continental seawater desalination plant in Casablanca. This is the announcement made by the Minister of Equipment, (…)
Chinese Wind Turbine Manufacturer Invests in Morocco’s Tanger Tech City Project
12 November 2020
The Cité Mohammed VI Tanger Tech has just found a first foreign investor. It is Aeolon, a wind turbine blade manufacturer based in Shanghai.
Moroccan Foreign Investment Rebounds to 5.64 Billion Dirhams Despite Pandemic Challenges
11 November 2020
Despite the impact of the health crisis, Moroccan direct investment abroad (MDIA) is gradually resuming. The volume of MDIA reached 5.64 billion dirhams at the end of (…)