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Tag: Morocco
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
Spain’s backing of Morocco’s Autonomy Initiative stems from a wish to contribute to settlement of Sahara conflict (Spanish FM)
By backing the Moroccan autonomy initiative as "the most serious, realistic and credible basis for resolving the dispute" over the Sahara, Spain wants to contribute ... Read More
Morocco starts giving subsidies to transport professionals
The Moroccan government started distributing subsidies to professionals in the transport sector to help mitigate the impact of the surge in energy prices on the ... Read More
Morocco’s economic growth to drop to 0.7% due to drought, war in Ukraine
Morocco’s central bank revised downwards this year’s growth forecast to 0.7% amid rising inflationary pressures due to fallout of the war in Ukraine and as ... Read More
Moroccan Foreign Minister holds phone talks with his Russian and Ukrainian counterparts
Morocco’s Foreign Minister Nasser Bourita had separate phone conversations with his Russian and Ukrainian counterparts, Sergei Lavrov and Dmytro Kuleba, on Tuesday, March 22, 2022. ... Read More
Automotive: Japanese Sumitomo moves production to Morocco due to Russia-Ukraine war
Japanese Sumitomo Electric Industries has decided to move its production of automotive wire harnesses to Morocco and Romania due to the Russian-Ukraine war and heightened ... Read More