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Morocco’s foreign exchange reserves improve by 16.1% in October
Morocco’s foreign exchange reserves rose 16.1% compared to the same period last year, the Central bank, Bank Al Maghreb said. By October 14, Morocco’s foreign exchange reserves stood at 250.1 billion dirhams up from 248.9 billion dirhams registered in the first week of September, the central bank said in its weekly statistics. This improvement of […]
Morocco’s OCP tasks Spain’s ACS with building two phosphorus plants
Morocco’s phosphates and fertilizer producer OCP and Spain’s ACS industrial group signed an agreement to build two phosphorus factories for a total cost of 2.7 billion dirhams. The factories will be built in the OCP’s industrial hub of Jorf Lasfar with a production capacity of 5000 tons per day. The two factories will be the […]
Morocco-UAE security cooperation makes Algerian regime extremely nervous
Morocco and the United Arab Emirates have agreed to step up cooperation ties in security through the exchange of experiences in professional police training, advanced police studies and forensic science enabling law enforcement to deliver efficient & effective service. The agreement was inked Monday in Abu Dhabi during the working visit Abdellatif Hammouchi, Head of […]



