Crans Montana Forum

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, […]

Morocco-Spain Gibraltar submarine tunnel project on agenda again

The submarine tunnel project to link Morocco and Spain across the Strait of Gibraltar which was elaborated decades ago has been put on the table of discussion again on the sidelines of the 12th Moroccan-Spanish high-level meeting held this week in Rabat. The project was at the focus of talks held between Moroccan ministers of […]

Morocco plans to limit tomato exports to reduce prices

Morocco will put restrictions on the export of its tomatoes whose prices surged ahead of Ramadan, where demand on the vegetable increases as a main ingredient of the Moroccan cuisine, Moroccan media reported. The war in Ukraine has raised fears over global food protectionism as Russia halted wheat exports, Argentina banned export registrations for soybean […]