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Morocco’s growth to rebound to 4.5 pc in 2021; Kingdom to repay part of LPL in advance – IMF

Morocco’s GDP growth is expected to increase to 4.5 percent in 2021 as the effects of the drought and pandemic wane and monetary and fiscal policy remains accommodative, announced on Wednesday the International Monetary Fund. In a press release issued after concluding 2020 Article IV Consultation with Morocco, the IMF Executive Board also said that […]

FIFA Futsal Men’s World Ranking: Morocco Stand in 6th Place

Morocco earned the 6th place in the first FIFA Futsal Men’s World Ranking after completing an unbeaten season with a stunning performance. According to FIFA, the rise of the North African team has been nothing short of meteoric. They defeated Kuwait 7-1 in the Arab Futsal Cup final, trounced Argentina 7-0 in a friendly, finished […]

Automotive Industry: New Comer Confirms Morocco’s attractiveness

Spain’s car parts maker, Ficosa, is planning to set up in Morocco a plant specialized in producing in-vehicle cameras, Spanish media reported. The Catalonia-based Ficosa, which has been sold to Japan’s Panasonic last July, plans to invest €50 million in two new plants in Morocco and Malaysia respectively. The Moroccan factory will be located in […]