George G. Lombardi, former President Donald Trump’s senior advisor, recently discussed the strong bond between Morocco and the United States in an interview with Atalayar. With decades of experience in business and politics, Lombardi believes this relationship will continue to thrive if Trump wins the upcoming election. Lombardi highlighted Trump’s positive relationship with King Mohammed VI and their shared interests in peace and economic development. He also suggested that Trump could play a vital role in mediating the Sahara conflict by bringing Algeria and the Polisario Front to the negotiating table. Despite challenges in France and Spain’s involvement in the…

Morocco’s Textile Industry to Receive Boost from Chinese Investment During the recent Forum on China-Africa Cooperation (FOCAC) Summit in Shanghai, Prime Minister Aziz Akhannouch met with Lei Xu, the head of the Chinese textile giant Sunrise Group, marking a significant development for Morocco’s textile industry. Sunrise Group announced a strategic investment of 4.1 billion dirhams, aiming to create 11,000 direct jobs in Morocco over the next three years. The Moroccan government has pledged full support for the project, recognizing its potential to boost job creation and enhance the industry’s competitiveness. With a strong focus on integrating Morocco’s textile industry into…

Navigating the Challenges of Matching Degree Titles to Job Requirements in Morocco Young graduates in Morocco are facing a daunting reality – the struggle to secure employment due to discrepancies in the naming of master’s programs across universities. This issue has resulted in many qualified candidates being excluded from job opportunities, particularly in the public sector, despite having relevant education. The inconsistency in program titles has created obstacles for graduates, with similar programs often labeled differently at various universities. For example, a degree in “Business Law” at one institution may not match the specific title required for a job opening…

Morocco Grapples with Rising Unemployment as Job Losses Soar In the second quarter of 2024, Morocco witnessed a staggering 82,000 job losses, including 141,000 in rural areas, according to the Directorate General of Studies and Financial Forecasts. This alarming trend follows a similar pattern from the previous year, with 86,000 job losses reported during the same period. Prime Minister Aziz Akhannouch has acknowledged the severity of the crisis and stressed the urgency of increasing investment and creating more jobs to tackle the rising unemployment rate. However, economic analysts like Mohamed Jedri and Idriss El Fenni have expressed concerns about the…

HESPRESS English – Morocco News Society Oussama SaoudiFriday 23 August 2024 – 18:02 The Environmental Friends Association of Zagoura is calling for the region to be declared a disaster zone due to worsening water scarcity caused by irresponsible well drilling and unsustainable farming methods. They are urging an investigation into illicit well drilling and proposed a ban on watermelon production to conserve water supplies. The combination of drought, climate change, and resource depletion has led to a serious water shortage with negative impacts on biodiversity, oases, and local communities. Water crisis, Watermelon, Zagora Newsletter Subscribe now to the newsletter to…

Energy Recovery Inc. Awarded Contracts for Desalination Projects in Morocco Energy Recovery Inc., a leader in energy efficiency technology, has secured contracts worth $27.5 million to provide its PX Pressure Exchanger for seawater reverse osmosis desalination projects in Morocco. The initiative aims to combat water scarcity in the country, which currently faces a severe drought. With reservoir levels at just 25% of capacity, Morocco is accelerating its efforts to ensure water security for its residents. The government targets desalination to contribute 50% of drinking water by 2030, with the new projects expected to produce over a million cubic meters of…

China Baoan and Betrui recently announced a $370 million investment in a new project at Tanger Science and Technology City, aiming to produce 60,000 tons of anode material annually. This move solidifies Morocco’s position in the global lithium battery industry and showcases its potential in clean energy and electric mobility sectors. Prior to this project, Betrui had already invested in a 50,000-ton lithium battery anode material facility in the region. With Morocco’s strategic location, proximity to European markets, and supportive government policies, the country has become an appealing destination for advanced material projects. The construction of the new facility is…

The Rise of Morocco’s Automotive Sector: A New Leader in Exports In a surprising turn of events, Morocco’s automotive industry has surpassed the long-standing phosphate sector to claim the top spot as the leading export sector in 2023. The automotive sector saw a remarkable 28.4% surge in exports, reaching $13.9 billion, fueled by the automotive wiring harness and car construction industries. On the other hand, phosphate exports faced challenges, with a significant drop to approximately $5.2 billion in 2023 due to decreased global demand and increased competition. This shift marks a significant change from previous years when the phosphate sector…

Morocco Ranks 15th in Global Silver Production According to the World Silver Survey 2024, Morocco has secured the 15th position among the top silver-producing countries worldwide in 2023. The country’s silver production has reached 8.8 million ounces, showing a 1% increase from the previous year. With a steady increase in output since 2014, when it produced 7.8 million ounces, Morocco hit a peak of 10.3 million ounces in 2017. Despite minor declines in the following years, the recent figures indicate a positive growth trend, with 2023 continuing the upward momentum. In Africa, Morocco stands out as the leading silver producer,…

HYUNDAI ROTEM Emerges as Top Bidder for Morocco’s $1.6 Billion Train Deal Korean multinational company HYUNDAI ROTEM is now the leading bidder for a $1.6 billion contract to supply Morocco with 168 trains, including 18 high-speed trains to be locally manufactured in the kingdom. The delivery of the trains to the National Office of Railways is expected to take place between 2027 and 2030. Following an announcement by the National Office of Railways last year, stating the need for new trains and the development of a national railway industry, companies have been eagerly bidding for the contract. HYUNDAI ROTEM is…