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CIH Bank Posts MAD 1.08 Billion Net Profit in 2025, Up 24.4%
Financemorocco-world-news21d ago

CIH Bank Posts MAD 1.08 Billion Net Profit in 2025, Up 24.4%

Marrakech – CIH Bank’s consolidated net profit attributable to the group (RNPG) crossed the MAD 1 billion ($100 million) mark for the first time in 2025. The figure reached MAD 1.089 billion ($108.9 million), up 24.4% from MAD 875.9 million ($87.6 million) a year earlier. Total consolidated net income climbed 26.3% to MAD 1.22 billion […] The post CIH Bank Posts MAD 1.08 Billion Net Profit in 2025, Up 24.4% appeared first on Morocco World News.

CGEM Urges Private Sector to Grant Extra Day Off for Eid al-Fitr
Worldmorocco-world-news24d ago

CGEM Urges Private Sector to Grant Extra Day Off for Eid al-Fitr

Marrakech – The General Confederation of Moroccan Enterprises (CGEM), Morocco’s main private sector organization, has invited private companies to grant their employees Monday, March 23, as an additional day off for Eid al-Fitr. The holiday is expected to fall on either Friday, March 20, or Saturday, March 21. In a message to CGEM members, President […] The post CGEM Urges Private Sector to Grant Extra Day Off for Eid al-Fitr appeared first on Morocco World News.

Egypt Offers Moroccan Citizens Five-Year Multiple-Entry Visa
Worldmorocco-world-news24d ago

Egypt Offers Moroccan Citizens Five-Year Multiple-Entry Visa

Marrakech – The Egyptian Embassy in Rabat announced today the introduction of a long-term visa for Moroccan citizens, allowing eligible applicants to obtain a multiple-entry visa valid for five years with a stay of up to 90 days per entry. Ambassador Ahmed Nihad Abdel-Latif said the new measure builds on facilitations the embassy introduced last […] The post Egypt Offers Moroccan Citizens Five-Year Multiple-Entry Visa appeared first on Morocco World News.

Chile’s New President José Antonio Kast, Morocco’s Rachid Talbi El Alami Deepen Bilateral Ties
Politicsmorocco-world-news25d ago

Chile’s New President José Antonio Kast, Morocco’s Rachid Talbi El Alami Deepen Bilateral Ties

Marrakech – Chile’s newly inaugurated far-right President José Antonio Kast received Moroccan Parliament Speaker Rachid Talbi El Alami in Santiago on Wednesday, on the sidelines of the official inauguration ceremony. Talbi El Alami was representing King Mohammed VI at the swearing-in. Chile’s new foreign minister, Francisco Pérez Mackenna, and Morocco’s ambassador to Santiago, Kenza El […] The post Chile’s New President José Antonio Kast, Morocco’s Rachid Talbi El Alami Deepen Bilateral Ties ...

Chinese Geely’s Satellite Subsidiary Expands in Morocco With Soremar Deal
Businessmorocco-world-news29d ago

Chinese Geely’s Satellite Subsidiary Expands in Morocco With Soremar Deal

Marrakech – Chinese automotive giant Zhejiang Geely Holding Group is pushing into Morocco’s satellite communications market through its aerospace subsidiary Geespace. The move is part of a broader expansion across North Africa and emerging markets worldwide. Geespace signed a memorandum of understanding last year with Soremar Group, a Casablanca-based firm that dominates Morocco’s marine electronics […] The post Chinese Geely’s Satellite Subsidiary Expands in Morocco With Soremar Deal appeare...

Moroccan-Born Entrepreneur Named Best in Belgium’s Mechelen
Businessmorocco-world-news1mo ago

Moroccan-Born Entrepreneur Named Best in Belgium’s Mechelen

Marrakech – Sihem El Mandoudi, a 35-year-old fitness studio owner of Moroccan origin, has been voted the “Strafste Onderneemster” – or strongest female entrepreneur – of the Belgian city of Mechelen. El Mandoudi, who runs Studio El Mando, a women-only fitness space, secured the title with more than 1,500 votes, leaving the other finalists far […] The post Moroccan-Born Entrepreneur Named Best in Belgium’s Mechelen appeared first on Morocco World News.

Moroccan Umrah Pilgrims Stranded in Turkiye Return Home
Worldmorocco-world-news1mo ago

Moroccan Umrah Pilgrims Stranded in Turkiye Return Home

Rabat – The Regional Tourism Delegation in Marrakech announced today that Moroccan Umrah pilgrims, who had been stranded in Turkiye due to a dispute with travel Agency KSAR TOURS, had finally returned home on Sunday.  In February, a group of Moroccan Umrah pilgrims said they were stranded in Turkiye after being defrauded by a travel […] The post Moroccan Umrah Pilgrims Stranded in Turkiye Return Home appeared first on Morocco World News.

Hyundai Rotem to Build $1.5 Billion Train Manufacturing Plant in Benguerir
Businessmorocco-world-news1mo ago

Hyundai Rotem to Build $1.5 Billion Train Manufacturing Plant in Benguerir

Casablanca – South Korean rail manufacturer Hyundai Rotem has selected Benguerir as the site for its future train production plant in Morocco, in a project valued at $1.5 billion that is expected to mark a significant step in the country’s industrial and rail ambitions. The Regional Investment Center of Marrakech-Safi confirmed its support for the […] The post Hyundai Rotem to Build $1.5 Billion Train Manufacturing Plant in Benguerir appeared first on Morocco World News.

SGTM Records $1.52 Billion Revenue in 2025, Order Book Doubles
Worldmorocco-world-news1mo ago

SGTM Records $1.52 Billion Revenue in 2025, Order Book Doubles

Marrakech – Moroccan construction and engineering group SGTM closed 2025 with a consolidated revenue of MAD 15.2 billion ($1.52 billion), marking a 36.6% increase from MAD 11.1 billion ($1.11 billion) recorded in 2024. The company attributed the growth to an acceleration of ongoing projects and the ramp-up of new large-scale infrastructure programs. In the fourth […] The post SGTM Records $1.52 Billion Revenue in 2025, Order Book Doubles appeared first on Morocco World News.

Man receives £42,000 bill for data roaming charges after Morocco holiday
TechnologyThe Guardian1mo ago

Man receives £42,000 bill for data roaming charges after Morocco holiday

Andrew Alty thought O2 bill was a mistake, but daughter’s TikTok use allowed massive uncapped charges to accrue A small business owner was left facing a £42,000 bill that he said nearly bankrupted him after his daughter racked up data roaming charges while the family were on holiday in Morocco. Andrew Alty, who owns a curtains business, was in Marrakech when he received a bill for £22,000 from network provider O2, but at first he assumed it was a mistake. Continue reading...

Nine Moroccan Firms Secure Spots in Forbes Middle East’s 100 Most Valuable Companies
Businessmorocco-world-news21d ago

Nine Moroccan Firms Secure Spots in Forbes Middle East’s 100 Most Valuable Companies

Marrakech – Forbes Middle East released its 2026 ranking of the 100 Most Valuable Companies in the Middle East on Monday. Nine Moroccan companies made the list, placing the North African country fourth by company count behind the UAE with 35, Saudi Arabia with 34, and Qatar with 11. Kuwait followed with six. The ranking, […] The post Nine Moroccan Firms Secure Spots in Forbes Middle East’s 100 Most Valuable Companies appeared first on Morocco World News.

Australian Miner Eyes Tanger Med for Mauritanian Uranium Exports
Businessmorocco-world-news22d ago

Australian Miner Eyes Tanger Med for Mauritanian Uranium Exports

Marrakech – Aura Energy, an Australian-listed uranium developer, is in talks with the Port of Tanger Med Authority to use Morocco’s flagship port as a transshipment hub for uranium produced at its Tiris project in Mauritania. The disclosure came in the company’s half-year financial report for the period ending December 31, 2025, published last week. […] The post Australian Miner Eyes Tanger Med for Mauritanian Uranium Exports appeared first on Morocco World News.

Sanlam Maroc to Absorb Allianz Maroc in Insurance Mega-Merger
Businessmorocco-world-news24d ago

Sanlam Maroc to Absorb Allianz Maroc in Insurance Mega-Merger

Marrakech – The boards of Sanlam Maroc and Allianz Maroc, meeting on March 11 and 12, approved the terms of a merger through which Sanlam Maroc will absorb Allianz Maroc. The deal aims to create a single, better-capitalized player in Morocco’s insurance and reinsurance market. Under the agreed terms, Allianz Maroc’s equity value has been […] The post Sanlam Maroc to Absorb Allianz Maroc in Insurance Mega-Merger appeared first on Morocco World News.

German-based ShibataFenderTeam Equips Morocco’s Nador West Med Port
Businessmorocco-world-news25d ago

German-based ShibataFenderTeam Equips Morocco’s Nador West Med Port

Marrakech – Germany-headquartered ShibataFenderTeam, the world’s leading fender manufacturer, announced Wednesday that it has designed and supplied fender systems for Morocco’s Nador West Med port, one of the largest port infrastructure projects currently underway in Africa. The company, which brings over 60 years of group experience in fender production and more than 160,000 fenders in […] The post German-based ShibataFenderTeam Equips Morocco’s Nador West Med Port appeared first on Morocco ...

SIPRI: Morocco Overtakes Algeria as Africa’s Top Arms Importer
Worldmorocco-world-news29d ago

SIPRI: Morocco Overtakes Algeria as Africa’s Top Arms Importer

Marrakech – Morocco has become the largest arms importer in Africa, according to new data released today by the Stockholm International Peace Research Institute (SIPRI). The country increased its arms imports by 12% between the 2016-20 and 2021-25 periods, ranking 28th globally with a 1% share of total global arms imports. The United States supplied […] The post SIPRI: Morocco Overtakes Algeria as Africa’s Top Arms Importer appeared first on Morocco World News.

Magnitude 4 Earthquake Hits Morocco’s Sidi Kacem Province
Worldmorocco-world-news1mo ago

Magnitude 4 Earthquake Hits Morocco’s Sidi Kacem Province

Marrakech – A magnitude 4 earthquake struck Morocco’s Sidi Kacem province on Friday evening at 5:13 p.m. local time. The National Institute of Geophysics (ING) located the epicenter in the commune of Sidi Ahmed Benaissa. ING Director Nacer Jabour told SNRTnews the quake’s hypocenter was recorded at a depth of 33 kilometers. The exact coordinates […] The post Magnitude 4 Earthquake Hits Morocco’s Sidi Kacem Province appeared first on Morocco World News.

Moroccan Researchers Map Argan Tree’s Near-Complete Genome in Scientific First
Sciencemorocco-world-news1mo ago

Moroccan Researchers Map Argan Tree’s Near-Complete Genome in Scientific First

Marrakech – A team of Moroccan and international researchers has produced the first near-complete, chromosome-scale genome of the argan tree, a development expected to advance conservation and breeding efforts for one of Morocco’s most valued natural resources. The study, published in Scientific Data by Nature, was led by scientists from Morocco’s National Institute of Agricultural […] The post Moroccan Researchers Map Argan Tree’s Near-Complete Genome in Scientific First appeared first on Mo...

Stellar AfricaGold Plans 5,000-Meter Drill Campaign in Morocco
Businessmorocco-world-news1mo ago

Stellar AfricaGold Plans 5,000-Meter Drill Campaign in Morocco

Marrakech – Canadian mining company Stellar AfricaGold has confirmed the successful completion of its Phase I diamond drilling campaign at the Tichka Est Gold Project in Morocco. The company is now fast-tracking a fully funded 5,000-meter Phase II program aimed at advancing the project toward a maiden mineral resource estimate. According to a statement by […] The post Stellar AfricaGold Plans 5,000-Meter Drill Campaign in Morocco appeared first on Morocco World News.

Israel Strikes Iran’s Assembly of Experts as Body Convenes to Pick New Supreme Leader
Politicsmorocco-world-news1mo ago

Israel Strikes Iran’s Assembly of Experts as Body Convenes to Pick New Supreme Leader

Marrakech – Israel struck the compound of Iran’s Assembly of Experts in the holy city of Qom on Tuesday, targeting the 88-member body as it was convening to select a successor to Supreme Leader Ayatollah Ali Khamenei, who was killed in US-Israeli airstrikes on Saturday. Iranian news agencies reported the building was “flattened” in the […] The post Israel Strikes Iran’s Assembly of Experts as Body Convenes to Pick New Supreme Leader appeared first on Morocco World News.

Iranian Drones Hit US Embassy in Riyadh, Trump Vows Swift Response
Worldmorocco-world-news1mo ago

Iranian Drones Hit US Embassy in Riyadh, Trump Vows Swift Response

Marrakech – Two drones struck the United States Embassy in the Saudi capital Riyadh early Tuesday, causing a limited fire and minor material damage, Saudi Arabia’s Defense Ministry said. Black smoke rose over Riyadh’s Diplomatic Quarter, which houses foreign missions. Three people told Reuters a loud blast was heard, and flames were seen at the […] The post Iranian Drones Hit US Embassy in Riyadh, Trump Vows Swift Response appeared first on Morocco World News.

Finland’s FM Elina Valtonen to Visit Morocco on March 1
Politicsmorocco-world-news1mo ago

Finland’s FM Elina Valtonen to Visit Morocco on March 1

Marrakech – Finland’s Minister for Foreign Affairs, Elina Valtonen, is set to arrive in Rabat on Sunday, March 1, for talks with her Moroccan counterpart Nasser Bourita. The visit comes as bilateral ties between the two countries enter a more active phase, with Western Sahara, trade expansion, and regional security on the agenda. The two […] The post Finland’s FM Elina Valtonen to Visit Morocco on March 1 appeared first on Morocco World News.

King Mohammed VI Receives Credentials of 21 New Ambassadors in Rabat
Politicsmorocco-world-news1mo ago

King Mohammed VI Receives Credentials of 21 New Ambassadors in Rabat

Marrakech – King Mohammed VI received 21 foreign ambassadors at the Royal Palace in Rabat on Thursday, as the diplomats presented their credentials as extraordinary and plenipotentiary ambassadors to Morocco. Foreign Minister Nasser Bourita attended the ceremony. The ambassadors represented a broad geographic spread across four continents. From Europe, the incoming ambassadors were Alfred Xuereb […] The post King Mohammed VI Receives Credentials of 21 New Ambassadors in Rabat appeared first o...

A bike with 21 satellite dishes struggles through a desert: Hiba Baddou’s best photograph
CultureThe Guardian1mo ago

A bike with 21 satellite dishes struggles through a desert: Hiba Baddou’s best photograph

‘The Peugeot 103 is iconic in Morocco: a symbol of social mobility. But my rider, a living sculpture, is so overstimulated he can’t choose which way to go – and ends up going nowhere’ This image, Parabomobile, shows a living sculpture I created. A man is riding through the desert on a road near Marrakech that is still partly under construction. He rides a Peugeot 103 motorcycle and carries 21 satellite dishes – each pointing in a different direction. But the person driving the motorbike is so overstimulated, he cannot choose which way to go – and ends up going nowhere. It is part of a wider multidisciplinary project, Paraboles, that is an inquiry into Moroccan people’s identity, our imagination and the way we see the world. It can feel to Moroccans – and those in other postcolonial countries – that their minds have been colonised as well as their land. Continue reading...

New Giant Sea Reptile Species Discovered in Morocco’s Phosphates
Sciencemorocco-world-news29d ago

New Giant Sea Reptile Species Discovered in Morocco’s Phosphates

Marrakech – A team of paleontologists has identified a new giant species of mosasaur from Morocco’s phosphate deposits. The species, named Pluridens imelaki, lived roughly 66 to 67 million years ago during the Maastrichtian, the final stage of the Cretaceous period before the mass extinction that wiped out the dinosaurs. The discovery was published last […] The post New Giant Sea Reptile Species Discovered in Morocco’s Phosphates appeared first on Morocco World News.

Attending GITEX Africa 2026? Here Are the Organizer’s Top Picks for Hotels Near the Marrakech Venue
Technologymorocco-world-news1mo ago

Attending GITEX Africa 2026? Here Are the Organizer’s Top Picks for Hotels Near the Marrakech Venue

Rabat – As preparations intensify for GITEX Africa Morocco 2026, held in Marrakech at Place Bab Jdid, organizers have published a curated list of recommended hotels and accommodations for international visitors.  The selection highlights some of the closest and most convenient places to stay near the exhibition venue in Marrakech, ranging from luxury five-star resorts […] The post Attending GITEX Africa 2026? Here Are the Organizer’s Top Picks for Hotels Near the Marrakech Venue appeared firs...

‘Gonna Fall Pretty Soon’: After Iran, Trump Sets Sights on Cuba
Worldmorocco-world-news1mo ago

‘Gonna Fall Pretty Soon’: After Iran, Trump Sets Sights on Cuba

Marrakech – US President Donald Trump declared Friday that Cuba “is gonna fall pretty soon,” signaling the Caribbean island as his administration’s next target for regime change after the ongoing US-Israeli air campaign against Iran. “Cuba is gonna fall too. They want to make a deal so badly,” Trump told CNN’s Dana Bash in a […] The post ‘Gonna Fall Pretty Soon’: After Iran, Trump Sets Sights on Cuba appeared first on Morocco World News.

Turkish Airlines Chairman to MWN: Morocco Is a Priority Market
Businessmorocco-world-news1mo ago

Turkish Airlines Chairman to MWN: Morocco Is a Priority Market

Marrakech – Turkish Airlines carried 92.6 million passengers in 2025 and posted $24.1 billion in total revenue. The airline’s chairman told Morocco World News (MWN) that the North African country remains a high-priority market as the carrier eyes further expansion on the continent. In an exclusive interview with MWN, Prof. Ahmet Bolat, Chairman of the […] The post Turkish Airlines Chairman to MWN: Morocco Is a Priority Market appeared first on Morocco World News.

Glovo Suspends 7 Dark Store Operations Across Morocco
Businessmorocco-world-news1mo ago

Glovo Suspends 7 Dark Store Operations Across Morocco

Casablanca – Late last Thursday, Glovo suspended operations at all seven of its dark stores located in Tangier, Mohammedia, Casablanca, Dar Bouazza, and Marrakech. The move followed an administrative closure order targeting the Dar Bouazza site, issued by local authorities in Nouaceur province, according to Tel Quel. Shortly after that decision, activity across the company’s […] The post Glovo Suspends 7 Dark Store Operations Across Morocco appeared first on Morocco World News.

Morocco, Portugal Data Protection Authorities Sign Cooperation MoU
Technologymorocco-world-news1mo ago

Morocco, Portugal Data Protection Authorities Sign Cooperation MoU

Marrakech – Morocco’s National Commission for the Control of Personal Data Protection (CNDP) and Portugal’s National Data Protection Commission (CNPD) signed a Memorandum of Understanding this week at the CNPD headquarters in Lisbon. The agreement was signed by CNDP President Omar Seghrouchni and CNPD President Paula Meira Lourenço. It marks a formal framework for bilateral […] The post Morocco, Portugal Data Protection Authorities Sign Cooperation MoU appeared first on Morocco World News.