imf-building

Potential repercussions on Morocco’s economy as conflict deepens in Middle East

Escalating conflict between Iran, Israel and the United States is casting a shadow on the global economy including Morocco’s economy, exposing it to vulnerabilities in energy security, logistics, industrial supply chains and the state budget if the war lasts beyond four weeks. A disruption or risk-driven slowdown in traffic through the Strait of Hormuz, the […]

Morocco’s Laprophan Makes History with First European Acquisition, Taking Control of Swiss Rivopharm

Morocco’s Laprophan pharmaceutical group has finalized the acquisition of a majority stake in Rivopharm, a Swiss company specializing in specialty medicines, complex pharmaceutical formulations and high-value regulatory expertise, reported medias24. The deal, completed on June 17, marks Laprophan’s first European acquisition and what its president describes as a historic milestone for Moroccan pharmaceutical industry on […]

Israel: Leviathan gas deal approved amidst criticisms

The Israeli cabinet approved the deal signed between Israel and a consortium including U.S. firm Noble Energy on the production of natural gas at the offshore Leviathan field located in the Mediterranean amid criticisms that it is detrimental to the interest of the average Israeli citizen because the conditions of the deal do not encourage […]