Morocco attracts a battery giant Chinese battery giant Gotion High-Tech will invest up to 1.3 billion euros in Morocco to build a lithium battery factory. Officially announced today, this “gigafactory”, the first of its kind in Morocco for electric vehicles, represents an initial investment of 1.3 billion dollars (12.8 billion dirhams).
Alert: Massive recall of halal sausages (Isla Délice) Isla Délice, leader in halal charcuterie in France, is once again withdrawing some of its sausages from sale. This time, the reason given by the government site Rappel Conso is the potential presence of olive stones in the product. This withdrawal concerns the 500 gram Saveurdélice beef […]
These companies which will build the Kénitra-Marrakech TGV The offers from eight companies convinced the National Railway Office (ONCF) which awarded them large contracts as part of the high-speed line (LGV) megaproject linking Kenitra to Marrakech. The high-speed line (LGV) megaproject linking Kenitra to Marrakech is moving forward. The National Railway Office (ONCF) has selected […]
Morocco aims to produce its own train sets Morocco is getting on the rails of railway production with an ambitious project totrain set manufacturing plantannounced Abdessamad Kayouh, Minister of Transport and Logistics, before the House of Representatives. This project, intended to supply the national market and capture market share in Africa, is part of a […]
Casablanca-Toronto: Royal Air Maroc applauded, but the question of prices persists The airline Royal Air Maroc inaugurated on Sunday a new direct line linking Casablanca to Toronto. This initiative responds to a growing demand from the Moroccan community in Ontario, an active community that contributes to the Kingdom’s influence internationally. The opening of this line […]
The painful experiences of an MRE at Michelin While he worked at Michelin in Italy and in Vannes, France, a worker of Moroccan origin now finds himself unemployed due to the tire giant’s factory closure in less than 10 years. The future is getting darker for Mustapha Arhzaf, 58, a worker at the Michelin factory […]
Morocco breaks all tourist attendance records in 2024 Tourism in Morocco is doing very well. As proof, the number of foreign tourists who visited the kingdom from January 2024 until November exceeds official forecasts. Morocco attracted 2.6 million additional arrivals in just eleven months, exceeding official forecasts. They were counting on just one million additional […]
The Moroccan dirham strengthens against the euro The Moroccan dirham appreciated by 0.4% against the US dollar and by 0.56% against the euro during the week of November 28 to December 4, 2024, according to Bank Al-Maghrib (BAM) . During this period, no auction operations were carried out on the foreign exchange market, BAM reports […]
Textile: companies flee Portugal for Morocco Faced with the textile crisis in Portugal, many Galician (Spain) companies are rushing to Morocco, whose industry is booming. Traditional partner of Galicia, the Portuguese textile industry is facing an unprecedented crisis. More than a thousand Portuguese clothing companies have been declared insolvent over the past year and have […]
Marrakech taken by storm for the end of year celebrations As the end-of-year holidays approach, hotels in the Marrakech-Safi and Drâa-Tafilalet regions are full of tourists. “Compared to last year, the professional members of the association and others recognize that the red city is experiencing a greater influx this year,” assures Hespress Mustapha Amalik, secretary […]