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Morocco to create $4.8 bln strategic investment fund
Morocco will set up a strategic investment fund worth $4.8 billion to help the economy recover from the coronavirus impact, Finance Minister Mohamed Benchaaboun said Tuesday at a news conference in Rabat. The fund is part of a stimulus package of 120 billion dirhams ($12.8 bln) unveiled by King Mohammed VI at the Throne Day […]
Morocco-Spain cooperation in security, migration realms marked by ‘high level of efficiency’ – Spanish Interior Minister
Cooperation in the security and migration fields between Morocco and Spain is marked by a “high level of efficiency”, Spanish Interior Minister Fernando Grande-Marlaska said on Friday in Rabat. “Collaboration between Rabat and Madrid is marked by a high level of efficiency, particularly in the fight against irregular migration, human trafficking, drug trafficking and organized […]
OPEC Fund Extends Morocco $150 Mln for New Dam Designed to Improve Water Security & Climate Resilience
The OPEC Fund for International Development has agreed to extend Morocco $150 million to help finance a major new dam designed to improve water security and climate resilience by reducing flood risks and supporting sustainable agriculture. The OPEC fund financial support to Morocco is part of $645 million approved by the Fund to strengthen infrastructure […]



