C24 meeting in Granada May 2019

Morocco’s trade deficit drops by 1.9% at the end of April 2020

Morocco’s trade deficit has shrunk by 1.9% to almost 66.25 billion dirhams ($6.9 billion) in the first four months of the current year, according to the Exchange Office. Morocco witnessed a 19.7% drop in exports between January and April of this year, representing a loss of 20 billion DH ($2 billion), according to the Exchange […]

Gotion Power Morocco’s gigafactory to start production in 2026

Gotion Power Morocco, part of the EV battery giant Gotion High-Tech, will start producing at its gigafactory in Kenitra by the third quarter of 2026, company chairman Khalid Qalam said. In June last year, the Moroccan government unveiled an investment deal with Gotion High Tech worth $6.3 billion, including $1.3 billion in a first phase, […]

Two Moroccans on trial in Spain for attempting to join ISIS

Two Moroccan nationals appeared in the dock Monday in Spain for attempting to join the ranks of the Islamist State group (ISIS) in Syria. The men identified as Anouar Bensaddik and Abdelmounaim Bennassar face eight years in jail, Huffpost Maroc reports citing Spanish state-run news agency EFE. The defendants were arrested in February last year […]