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Tag: Morocco
Morocco unveils $180 mln in new automotive sector investments
Morocco and five automotive part manufacturers signed 8 investment agreements worth 1.7 billion dirhams ($1.8 billion) to set up plants in different industrial locations to ... Read More
Germany backs Morocco’s reforms – Joint Statement
Germany supports the reforms undertaken by Morocco over the past two decades, which have led to significant political, economic and social progress under the leadership ... Read More
US transfers two ‘Metal Shark’ interceptor boats to Royal Moroccan Navy
The United States has transferred to the Royal Moroccan Navy two 11-meter "Metal Shark" interceptor boats. The transfer ceremony took place at the port of ... Read More
Spain’s Support to Morocco’s Autonomy Plan for the Sahara falls within UN framework, says Josep Borrell
The Spanish government's support to Morocco's Autonomy Plan for the Sahara, as being "the most serious, realistic and credible basis" for the settlement of the ... Read More
Morocco’s OCP more than triples profit, doubles revenue
Morocco’s phosphates and fertilizers producer OCP posted an all-time-high profit of 1.6 billion dirhams in 2021, up 272% as the company benefits from the surge ... Read More
Morocco’s Central Bank keeps interest rate unchanged due to Global & Domestic Situation
Bank Al-Maghrib, Morocco’s central bank, has decided to hold interest rates steady, contrary to the forecasts of many analysts who were expecting a hike of ... Read More
World Bank ready to strengthen support to Morocco’s development efforts- WB President
The World Bank is ready to strengthen its support to Morocco's economic and social development efforts, said Wednesday in Rabat, President of the World Bank ... Read More
US Secretary of State reportedly expected in Morocco next week part of a Mideast tour
US Secretary of State Antony Blinken is expected in Morocco next week, as part of a regional tour in the Middle East, reported Wednesday, the ... Read More
IEA supports Morocco’s decarbonization plan & energy transition
Morocco and the International Energy Agency (IEA) have signed a new cooperation program focusing on energy efficiency, energy security and climate resilience. Under the 2022-2023 ... Read More
Morocco, Israel pave way for cooperation in aerospace industries
Morocco and Israel signed a partnership agreement that will help attract investments by Israeli civilian and defense aerospace giant IAI's. The deal was signed in ... Read More