UAE’s DP World to Invest $3 Billion in African Port Infrastructure
16 June 2024
Six months after the Moroccan-Emirati agreement, the United Arab Emirates are announcing massive investment in other African countries.
Investment
China’s Growing Influence in Morocco Raises Concerns for Algeria
31 May 2024
China’s massive investments in Morocco are causing concern for the Algerian president, who has sent his Minister of Foreign Affairs, Ahmed Attaf, on an official visit to Beijing.
Moroccan Expats in France Lead Surge in Overseas Property Financing
25 May 2024
Moroccans living abroad (MREs) have various ways of financing their real estate. This is the finding of a study of simulations carried out by a specialized website.
Chinese Copper Giant Invests $288 Million in Moroccan Factory Amid US Tensions
8 May 2024
Due to geopolitical tensions between the United States and China, Zhejiang Hailiang Co., a major Chinese producer of copper tubes and rods, is turning to Morocco to build a (…)
Chinese Tire Giant Sentury Shifts $313 Million Investment from Spain to Morocco
30 April 2024
The Chinese tire company Sentury Tire has redirected a major investment initially intended for a new plant in Spain to its plant located in Tangier.
French Hotel Giant Accor to Expand into Moroccan Sahara with Government Backing
4 April 2024
The French hotel giant Accor plans to build several hotels in the Moroccan Sahara, as part of the new policy of the French state to finance specific investment projects in this (…)
Chinese EV Giant BYD Scraps Plans for Electric Battery Factory in Morocco
2 April 2024
The Chinese group BYD, a global leader in electric vehicles, has just given up on its project to set up an electric battery factory in Tanger Tech. The reason is the slow sales (…)
Dar Bouazza Plans $200 Million Expressway Renovation to Improve Safety and Traffic Flow
1 April 2024
The Dar Bouazza region wishes to carry out renovation work on the expressway, in order to reduce the risk of road accidents and improve the quality of life of the inhabitants. (…)
Morocco Secures $300 Million Investment for Electric Vehicle Battery Plant
30 March 2024
Morocco has taken an important step in the development of the electric automotive industry with the signing of an investment agreement for the construction of a cathode (…)
Morocco Streamlines Business Registration with New Online Platform
30 March 2024
The Moroccan government has taken an important step towards simplifying administrative procedures for entrepreneurs. On Thursday, March 30, the Council of Government approved a (…)