Morocco, a land of opportunities for German investors

German investments in Morocco are experiencing remarkable growth, with FDI flows reaching €2.1 billion in 2024 and nearly 300 companies operating in the country. The automotive sector, led by the Leoni Group, along with ambitious logistics projects, exemplifies this momentum, strengthening the economic partnership between the two nations.

Morocco’s wild aromatic plants rebound after years of drought-induced shortages

After seven years of drought, abundant rainfall is driving a strong recovery in Morocco’s aromatic and medicinal plant sector, particularly for wild varieties. Growers are now expressing strong expectations for the season, following two difficult years marked by shortages, high prices, and declining quality.

OCP reçoit une note BB pour ses obligations hybrides en dollars selon S&P Global Ratings

Le groupe marocain de phosphates OCP s'apprête à émettre des obligations hybrides en dollars américains, pour lesquelles S&P Global Ratings a attribué la note «BB». Ces obligations seront émises en une ou deux tranches, avec des échéances débutant à un peu plus de cinq et dix ans. Cependant, la taille finale de l'émission dépendra des conditions du marché, comme l'a précisé

OCP recibe una calificación BB para sus bonos híbridos en dólares según S&P Global Ratings

El grupo marroquí de fosfatos OCP se prepara para lanzar una emisión de bonos híbridos en dólares estadounidenses, calificados con una nota «BB» por S&P Global Ratings. Estos bonos se ofrecerán en una o dos series, con plazos de vencimiento que comenzarán en poco más de cinco y diez años. No obstante, el tamaño final de la emisión dependerá de las condiciones del mercado, según aclaró

Morocco's OCP secures ‘BB’ rating for planned hybrid bond issuance

Morocco’s phosphate group OCP has received a ‘BB’ rating from S&P Global Ratings for a planned issuance of hybrid bonds in U.S. dollars. The bonds, to be issued in U.S. dollars, will come in one or two tranches, with terms starting at just over five and 10 years, although the final size will depend on market conditions, S&P said in a note on Tuesday. S&P said the rating reflects the higher risk of these bonds, as they are subordinated and allow OCP to delay

Spain dismantles networks smuggling migrants from Morocco, 24 arrested

In a large-scale operation, Spain’s National Police dismantled two criminal networks involved in migrant smuggling and drug trafficking between Morocco and Andalusia. The operation, dubbed «Embrión», led to the arrest of 24 suspects. Investigators identified at least 38 illegal sea crossings, during which nearly 1,000 migrants were transported by speedboats from Morocco to the Spanish coast, particularly in the Almeria and Granada areas. The probe found that the two

Morocco Spain anti-terror cooperation leads to 153 arrests since 2015

The strong counterterrorism partnership between Morocco and Spain has led to the arrest of 153 suspected jihadists in both countries since 2015. According to Spanish news agency EFE, citing Morocco’s Central Bureau of Judicial Investigations (BCIJ), cooperation with Spain’s General Commissariat for Information has helped dismantle more than 30 joint terrorist cells since the Moroccan agency was established in 2015. The latest joint operation, carried out on March 25, resulted in

Renault : le Maroc touché par la réduction mondiale des effectifs d'ingénieurs d'ici 2028

Le Maroc figure parmi les pays concernés par le plan de Renault visant à réduire de 15 % à 20 % ses effectifs mondiaux dans le secteur de l'ingénierie d'ici 2028. Cela représente environ 1 600 à 2 400 postes sur les 11 000 à 12 000 ingénieurs que compte le groupe à travers le monde, a annoncé un porte-parole de l'entreprise à l'AFP mardi. Si les activités à forte valeur ajoutée, telles que

Renault: Marruecos afectado por la reducción mundial de ingenieros para 2028

Marruecos se encuentra entre los países impactados por el plan de Renault que busca reducir entre un 15 % y un 20 % su plantilla global en el sector de la ingeniería para 2028. Esto equivale a la eliminación de entre 1,600 y 2,400 puestos de los 11,000 a 12,000 ingenieros que el grupo tiene a nivel mundial, según informó un portavoz de la empresa a la AFP el martes. Aunque las actividades de alto valor añadido, como la estrategia de ingeniería,

Renault plans engineering cuts, Morocco among targeted countries

Morocco is among the countries targeted by Renault’s plan to cut between 15% and 20% of its global engineering workforce by 2028, representing around 1,600 to 2,400 positions out of 11,000 to 12,000 engineers worldwide, a company spokesperson told AFP on Tuesday. While high-value activities, such as engineering strategy, advanced technology development, and upstream design, will remain in France, all countries hosting engineering centers, including Morocco, will be required to implement