The Organization for Economic Co-operation and Development (OECD) projected the Moroccan economy to grow by 3.5% this year and 3.7% next year, in an optimistic forecast that is closer to the government’s expectations of 4%. In its recent projections, Morocco’s central bank sees the economy growing by 2.6% this year from 1.2% last year. The […]
The Algerian regime has been listed by the EU Parliament among high-risk countries for money laundering and terrorism financing. The move is expected to have serious economic repercussions for the country, viewed as a “rogue state”. The European lawmakers have approved lately a European Commission resolution adding Algeria to the EU’s list of high-risk countries […]
French Exxelia Group, a global leader in electronics, has opened on Thursday a manufacturing plant in the Moroccan city of Mohammedia, near Casablanca, consolidating the country’s industrial ecosystem and competitive edge. The 10,000 m2 industrial facility, which employs 700 persons, specializes in the manufacturing and assembly of a wide range of electronic components, including […]
