water-morocco

Chinese wind turbine developer Aeolon to open up its first international plant in Nador

Chinese company Aeolon, specializing in the production of next-generation wind turbine blades, announced the beginning of the construction works of its first overseas plant in Morocco’s Nador Industrial Acceleration Zone. The plant, requiring an initial investment of €220.8 million, will produce wind turbine blades for markets in Europe, Africa, and the Middle East. It is […]

IMF: Morocco gets $5 Bln credit line to enhance its economic resilience & external buffers

The International Monetary Fund (IMF) decided on Monday to provide a $5 billion precautionary flexible credit line (FCL) to Morocco to enhance the country’s external buffers, and support its economic resilience and structural reforms. Ms. Antoinette Sayeh, IMF Deputy Managing Director, said : “Morocco’s very strong macroeconomic policies and institutional framework have allowed its economy […]

Sahara: Madrid reaffirms strong support to Morocco’s Autonomy Plan (Joint Statement)

Spain deems the Moroccan autonomy plan, presented in 2007, as the “most serious, realistic and credible basis for the resolution of the Sahara dispute.” In a joint statement issued following the talks held Thursday in Rabat with King Mohammed VI, Spanish Prime minister Pedro Sanchez says Madrid “recognizes the importance of the Sahara issue for […]