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Air Maroc plans to quadruple its fleet within a decade as Morocco prepares to co-host the 2030 World Cup with Spain and Portugal

Boeing and Airbus vie for Royal Air Maroc deal

Royal Air Maroc is nearing a deal with Boeing for dozens of jets to renew its fleet, though Europe’s Airbus is preparing to gain a rare foothold with a smaller order for 20 A220 jets, industry sources said on Wednesday. Royal Air Maroc has been in talks for over a year to renew its virtually all-Boeing fleet and is expected to stick with its […]

Morocco was selected due to its proximity to Europe and connection through multiple submarine optical cables

Work on Morocco’s 500MW data centre to start this year

A consortium led by South Korea’s Naver and US-based Nvidia will build an artificial intelligence (AI) data centre in Morocco to serve the Europe, Middle East and Africa (Emea) region. Other partners include London-headquartered Nexus Core Systems and Kenya-based Lloyd Capital, as reported by Business Korea newspaper. The consortium aims to construct a 500 megawatt […]

Capitalising on demand ahead of the FIFA 2030 World Cup, Tesla Morocco aims to drive EV and solar and energy storage systems sales across the country

Tesla enters Morocco ahead of 2030 World Cup

US multinational automotive company Tesla has reportedly officially entered the Moroccan market, in a bid to take advantage of surging business demand ahead of its co-hosting of the Fifa 2030 World Cup. The new company, named Tesla Morocco, was established on May 27 by two Dutch business entities, one called Tesla International (which serves as a […]

PVC pipes used for construction. Morocco's tariffs were imposed after an investigation requested by Moroccan PVC producer SNEP

Morocco imposes duties on Egyptian PVC imports

Morocco has reportedly imposed temporary anti-dumping duties on polyvinyl chloride (PVC) imports from Egypt. The tariffs, which came into effect last week, range between 74.87 percent and 92.19 percent, Morocco World News reported, citing the customs and indirect tax administration. The move follows an investigation launched on November 27, 2024 at the request of SNEP, […]

Traffic in central Casablanca, Morocco. The country is stepping up efforts to reduce its dependence on fossil fuels

Morocco aims to double EV production capacity

Morocco aims to increase its electric vehicle (EV) production capacity by more than half by the end of 2025, as part of efforts to promote green mobility and reduce its reliance on fossil fuels. EV production is likely to reach 107,000 by the end of this year, an increase of 53 percent year on year, […]

Marrakesh Airport. Part of the massive infrastructure push for the 2030 FIFA world cup, also including a new airport in Boujdour, Western Sahara

Disputed region to get new airport for Morocco’s World Cup

Morocco has unveiled plans to build a new civilian airport in the disputed Western Sahara as part of a massive infrastructure development programme ahead of the 2030 Fifa World Cup which it co-hosts with Spain and Portugal. Transport Minister Abdul Samad Qayouh disclosed the proposed plan for the airport in Boujdour city during a parliament […]

Casino Group currently operates 472 stores outside France. Its first in Morocco will open next year

France’s Casino Group to open 210 stores in Morocco

French convenience store retailer Casino Group will open 210 stores in Morocco over the next decade as part of its international expansion strategy. The company has partnered with Morocco’s H&S Invest Holding to open Franprix and Monoprix branded outlets, the companies said in a joint statement. Franprix specialises in urban convenience stores, while Monoprix provides […]

Tarik Hamane, director general of ONEE, left, and Christiane Laibach, executive board member of KfW, sign the loan agreement

Morocco state company gets $340m for energy transition

Moroccan state-run utility company ONEE has secured €300 million ($340 million) in funding from the European Investment Bank (EIB) and German bank KfW to support renewable energy integration into the national grid. The financing package comprises €170 million from the EIB and €130 million from KfW. The fund will also be used to expand the national […]

Chinese battery maker BTR is a supplier to Tesla and China's BYD. Production at its Moroccan plant is expected to start in Q2 2026

China’s BTR targets $1bn revenue from Moroccan plants

Chinese electric battery producer BTR New Material Group expects revenues of $1.2 billion from its Moroccan factories after production starts next year, according to a media report. Production at the Chinese company’s plants in the north of the country is expected to begin in the second quarter of 2026, general manager Peter Yang told Asharq News. […]

Taqa Morocco and local partners have agreed to invest $14bn to support energy and water security

Taqa to invest in Morocco’s energy and water security

The Casablanca-listed subsidiary of Abu Dhabi’s Taqa has agreed to develop multi-billion-dollar large-scale power and water projects in Morocco along with local partners, according to a statement. Taqa Morocco Group, Nareva, a wholly-owned subsidiary of Morocco’s Al Mada Group, and the sovereign Mohammed VI Investment Fund signed agreements with the Moroccan government and the Office National de […]

A solar thermal power installation similar to a Moroccan one in Ouarzazate. Power generated from renewables is up 44 percent in the North African country

Morocco reports growth in power production

A surge in investment has boosted Morocco’s power generation by nearly 5 percent over the past four years as the North African nation pushed ahead with an electricity expansion strategy to higher demand, according to its energy minister. In early 2025, Morocco produced nearly 12 gigawatts (GW) of electricity, including around 5.4GW of renewable energy, […]

With feasibility studies complete, Morocco and Nigeria have moved closer to building their major gas pipeline

Final decision to be made on Morocco-Nigeria gas pipeline

A final investment decision on the $25 billion Morocco-Nigeria gas pipeline will be taken by the end of 2025, a Moroccan minister has confirmed.  A special purpose company is being created to oversee the project’s implementation, Morocco World News reported, citing Leila Benali, minister of energy transition and sustainable development, as saying in Morocco’s parliament. […]

The Casablanca Stock Exchange sees derivatives trading as key to reclaiming its emerging market status after 12 years

Morocco aims to reclaim its emerging market status

Morocco’s stock exchange is set to introduce derivatives trading to reclaim its emerging market status after a 12-year wait. Centrally cleared instruments, including interest rate and single stock futures, will attract a deeper pool of investors, Bloomberg reported quoting Casablanca Exchange CEO Tarik Senhaji. He said the move will help local companies raise funding quickly and […]

Pilgrims at Casablanca airport await flights to Mecca. The new terminal will handle 30,000 passengers a day

Morocco to break ground on Casablanca airport terminal in June

Construction of a new terminal at Casablanca airport is to begin next month after local engineering company Stam won a $29 million earthworks contract. Morocco is investing $1.5 billion in the terminal at Mohammed V International Airport, part of a massive construction drive as the country prepares to co-host the Fifa World Cup in 2030. […]

Jamiyya helps Egyptians borrow money from other people without charging interest

Egypt fintech Money Fellows to expand across North Africa

Money Fellows, a Cairo-based startup that digitises the so-called Middle East jamiyya savings model, has raised $13 million to expand across North Africa and beyond, the company has announced. Jamiyya, which is also known as sanduk, is part of the Rotating Savings and Credit Association (Rosca) technique whereby a group of people agrees to contribute […]

Morocco's imports were far greater than their exports in the first quarter of 2025

Morocco’s trade deficit widens on import surge

Morocco’s trade deficit widened in the first quarter after a surge in imports, the economy and finance ministry reported. The shortfall grew by nearly a fifth, or 17 percent, to MAD71.6 billion ($7.8 billion) in the three months to March 31, compared with MAD61 billion in the same period last year, ministry data this week […]

Karim Zidane, Morocco’s minister of investment, said the country 'offers incentives that can reach up to 30 percent of the total investment amount'

Tax incentives for Morocco stadium construction bids

Morocco is offering tax incentives of up to 30 percent, as it looks to attract private sector partners for large scale projects such as the infrastructure needed ahead of its co-hosting of the World Cup in 2030. “Morocco offers incentives that can reach up to 30 percent of the total investment amount,” Karim Zidane, Morocco’s […]

Morocco returned better than expected results in the first quarter of 2025

Morocco reports fiscal surplus in first quarter

An increase in revenues on the back of higher direct taxes turned a projected fiscal deficit in Morocco into a surplus in the first quarter of 2025, according to official data. Revenues swelled by a fifth after direct taxes increased by 40 percent and indirect taxes grew by 10 percent, the General Treasury said. A […]

A high-speed train at Tangiers train station. Morocco's new line will connect Kenitra with Casablanca and Marrakech

Morocco launches 430km high-speed train project

Morocco has started construction of the Kenitra-Marrakech high-speed rail line in the capital city of Rabat. This phase will add 430 kilometres of high-speed rail connecting Kenitra (an industrial centre on the coast in north-western Morocco) to the country’s economic hub, Casablanca, and further south to the historic city of Marrakech, serving the airports of […]

An LNG pipeline will link Nador in Morocco to the to the Maghreb Europe Gas Pipeline

Morocco invites bids to build its first LNG plant

Morocco has invited companies to bid to build the country’s first liquefied natural gas (LNG) terminal as it seeks to diversify its sources of fuel, Morocco World News reported. A gas pipeline will also be built to link the terminal at Nador West Med Port on Morocco’s Mediterranean coast to the Maghreb Europe Gas Pipeline, […]

Morocco’s energy minister Leila Benali said the pipeline project has "made considerable progress" and is in the execution stage

Morocco and Nigeria agree terms for $25bn gas pipeline

Morocco and Nigeria have agreed to create a joint venture to manage a long-planned $25 billion pipeline which will ship gas to Europe, a Moroccan minister has said. Leila Benali, minister of energy transition and sustainable development, told Morocco’s parliament that a floating gas storage terminal would also be installed at Nador on the Mediterranean […]