heddad

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 to resolving this issue that has lasted too long, Spanish Foreign Minister, José Manuel Albares said on Tuesday. This decision aims to “contribute to ending a conflict that has lasted […]

New WB $300 million loan to support Moroccan municipalities’ performance, service delivery

The World Bank’s Board of Executive Directors has approved a $300 million loan (€271.8 million) to support the strengthening of Morocco’s municipalities, an objective that is part of the Kingdom’s broader efforts to upgrade urban services and turn urban conglomerations into engines of growth and job creation. The Municipal Performance Project aims to build capacity […]

OCP Group’s turnover scores 18.5% increase in first half of 2021

Morocco’s OCP Group, the world leader in the fertilizers market, posted sales of 32.5 billion dirhams, in the first half of 2021, up 18.5% compared to the same period last year when sales amounted to 27.4 billion dirhams.   In the second quarter of 2021, the turnover reached 18.19 billion dirhams, compared to MAD 15.13 […]