Eid Al-Adha Livestock Sales to Boost Rural Economy with $1.2 Billion Windfall
17 July 2021
Eid Al-Adha represents an important source of income for the rural population. A turnover estimated at 12 billion dirhams.
Revenue
Morocco Plans Major Public Financial Hub to Boost Economic Growth
16 July 2021
A grouping of Crédit Agricole Maroc, CIH Bank, Al Barid Bank and CDG Capital within the same holding company is in preparation. The objective: to harmonize and target the (…)
Moroccan Business Leaders Optimistic as Economy Rebounds from Covid-19 Impact
8 July 2021
Even though the Covid-19 pandemic is not over yet, Moroccan business leaders are regaining confidence in the economy. 77% of them believe that the gradual resumption of (…)
Tanger Med Port Sees 25% Growth, Climbs Global Rankings Despite Pandemic
7 July 2021
Port activity at Tanger Med continues on its good momentum. Ranked in February 2021 among the 25 largest ports in the world, the port complex is trying to gain a few more (…)
Morocco’s Automotive Exports Surge to $8 Billion, Challenging Global Competitors
24 June 2021
The automotive sector is booming despite the Covid crisis. Exports generate a turnover of 80 billion dirhams. With a high production capacity of high-quality vehicles, the (…)
Moroccan Sugar and Mining Giants Poised to Profit from Global Commodity Price Surge
22 June 2021
Large-cap Moroccan companies, such as Cosumar and the Société Métallurgique d’Imiter (SMI), will benefit from the current rise in commodity prices despite the fact that the (…)
Morocco’s Hammams and Spas Face Slow Recovery as Customers Remain Scarce Post-Lockdown
10 June 2021
Activities are struggling to resume in hammams and SPAs after a long period of forced closure due to the coronavirus crisis. Since their reopening last March, customers have (…)
Moroccan Firm Mutandis to Acquire US Sardine Brand Season, Expanding into American Market
4 June 2021
The Mutandis industrial group announced on Wednesday the acquisition of all the assets of the American company Season Brand, active in the production and marketing of high-end (…)
Morocco’s Fès-Meknès Region Secures $100 Million in Industrial Investments
27 May 2021
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.
Spanish Construction Firm Rubau Tarres Exits Morocco After 5-Year Boom
24 May 2021
After 5 flourishing years in the construction sector in Morocco, the Spanish group Rubau Tarres, based in Tangier, has handed over the keys.