off grid solar energy

Public Sector’s Payroll Takes 49% of Morocco’s Revenues

The Payroll in the public sector absorbs 49% of state revenues, a percentage that shows the burden placed on the state budget because of an inefficient employment policy, says a study conducted by L’Economiste daily newspaper. The public sector’s payroll is in dire need of restructuring to mitigate its impact on the state budget after […]

Egypt, next Arab and African state to open a consulate in Morocco’s Sahara

Egypt is said to be the next Arab and African state to express its support for Morocco’s territorial integrity by opening an embassy in the Sahara region, Egyptian media reported. President Sisi will send his foreign minister to Rabat for that purpose following similar steps by the UAE, Bahrain and Jordan in addition to several […]

Morocco’s OCP posts $9.1 bln revenue in 2023

Morocco’s phosphates and fertilizer giant, OCP, said its revenue in 2023 dropped to $9.1 billion from $11.3 billion a year earlier due to lower prices in the international market. The company said it will forge ahead with its investments which totaled $2.6 billion last year, from 2 billion a year earlier. Few days ago, OCP […]