Unilever

Morocco, Spain Bust Six-member Terrorist Cell Loyal to IS

Moroccan authorities in coordination with Spanish counterparts dismantled a terrorist cell comprising five Moroccans and a Spaniard loyal to IS. The Moroccan Interior Ministry explained in a statement that the terrorist cell was busted by Morocco’s counterterrorism agency, the Central Bureau of Judicial Investigations (BCIJ), in the area of Beni Chiker in Nador’s suburbs. The […]

Chinese clothing manufacturer opens 3rd factory in Morocco

Chinese-owned garment manufacturer “Omega Textile Maroc” opened in Casablanca a new facility, the third of its kind in the North African Kingdom, which is attracting more and more investors and businesses. The company, which makes socks and lingerie items, has invested over $7.1 million in the new unit to create 627 new jobs, including 240 […]

WB approves $275 million loan to help Morocco manage natural risks

The World Bank approved a $275 million Disaster Risk Management Development Policy Loan for Morocco designed to both help the country strengthen its capacity to manage the financial impact of natural disasters and climate-related shocks, and to upgrade its institutional framework for disaster risk management. Morocco has been hit in recent years by the impact […]