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Morocco: King Mohammed VI presents first model Moroccan car brand, prototype of hydrogen vehicle
King Mohammed VI, presided, on Monday at the Royal Palace in Rabat, over the presentation ceremony of the model of the first Moroccan car manufacturer and the prototype of a hydrogen vehicle developed by a Moroccan, two innovative projects that will strengthen the promotion of the “Made In Morocco” Label and consolidate the Kingdom’s position […]
Morocco to Freeze Import Duty on Soft Wheat to Stabilize Market
Morocco is expected to freeze a 35 pc import duty on soft wheat from Jan.1st to April 30 to ensure a regular supply of the commodity and maintain price stability. The decision will be made by the government during its meeting scheduled this Thursday. The move comes amid soaring prices on the international market and […]
Egypt to invest $748.5M in drilling 46 new oil and gas wells
The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]



