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Morocco condemns in strongest terms acts of vandalism against its Consulate in Valencia
Morocco has condemned “in the strongest terms” the acts of vandalism and violence perpetrated Sunday against its consulate in the Spanish city of Valencia. “As Ambassador of His Majesty the King to Spain, I wish to express our indignation and condemn in the strongest terms these acts of vandalism and violence, which, like what […]
World Bank expects Morocco’s economy to contract 4% in 2020
The World Bank delivered bleak prospects for growth in Morocco which was seen dropping to -4% in 2020 from 2.5% last year on the backdrop of the coronavirus outbreak. The forecast is close to that of the -3.7% put forward by the IMF for 2020 to which drought worsened Morocco’s growth prospects. The spread of […]
Morocco’s OCP posts record $11.28 bln revenue in 2022
Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as industrial flexibility, commercial agility, and efforts to reduce production costs. “OCP was able to fully leverage the benefits of higher prices, while calibrating production to match the attendant lower volumes, […]



