Moroccan Royal Family Member Launches Organic Restaurant in Rabat’s Upscale District
6 September 2019
A new investment for Lalla Noufissa El-Yacoubi, daughter of the late Lalla Aïcha, daughter of Mohammed V and sister of Hassan II.
Investment
Casablanca Launches Tender for High-Capacity Bus Lines, Aiming for 2021 Rollout
5 September 2019
The SDL Casa-Transports has launched tenders for the diversion of underground networks on the trajectory of 2 high-level service bus (BHNS) lines. To this end, the contracts (…)
Morocco Pavilion Draws Investors at Japan-Africa Business Expo
1 September 2019
At the "Japan Africa Business Expo", the Moroccan pavilion is the focus of attention on the sidelines of the 7th Tokyo International Conference on African Development (TICAD (…)
Lexmark Shuts Down African Subsidiary Amid Cost-Cutting Measures
30 August 2019
After 11 years of existence, Lexmark International has just ended its activities in Morocco. Officially, it is a question of rationalizing costs, losing the market and budget cuts.
Maroc Telecom Launches $1 Billion Telecom Infrastructure Investment Plan
28 August 2019
The Moroccan telecommunications operator, Maroc Telecom, is embarking on a colossal investment program for the 2019-2021 period. To this end, the signing of the sixth (…)
Moroccan Diaspora Remittances Bolster Economy, Cover 66% of Trade Deficit
20 August 2019
Transfers from Moroccans of the World have been growing since 2017. With the contribution of the Gulf countries, they have covered 2/3 of the trade deficit in the first five (…)
Japanese Industrial Giant Yokogawa Expands to Morocco, Boosting Global Presence
15 August 2019
The Japanese group Yokogawa is setting up in Morocco. It is establishing itself after the implantation in the Kingdom of Toyo inc Group, another industrial group from the Land (…)
Moroccan Foreign Investments Surge 68% to $444 Million in First Half of Year
10 August 2019
Moroccan investments abroad have increased by 68.1% in the first half, reaching 4.2 billion dirhams (444 million dollars) at the end of June, according to the latest figures (…)
Moroccan Textile Industry Booms, but Workers Face Harsh Conditions in Tangier
31 July 2019
The textile industry represents the first pole, in the pyramid of foreign investments, in Tangier. More than 80,000 direct jobs have been created by companies in the sector, (…)
Morocco’s External Debt Soars to 75% of GDP, Outpacing Foreign Investment: Bloomberg Report
30 July 2019
In a Report published on the level of external debt in the Middle East and North Africa (MENA) region, Bloomberg, the news agency specializing in economics and finance, takes a (…)