Spanish and Moroccan security authorities Wednesday announced the arrest of four suspected Islamic State group militants in a joint security operation. The joint operation underlines the close cooperation between the two counties in anti-terror struggle. Two of the suspects were arrested in Spain by the country’s security forces, the interior ministry announced. The first suspect; […]
Morocco’s automotive sector exports doubled from 161 billion dirhams in 2013 to 240 billion dirhams in 2018, thus becoming Morocco’s leading exporting sector ahead of phosphates and agriculture. With more than 65.1 billion dirhams worth of exports, the automotive sector came ahead of phosphates and derivatives (43.4 billion dirhams), textile (38.6 billion dirhams) food industry […]
The Arab Monetary Fund has granted Morocco a $127 million loan to provide financial resources to meet the country’s needs amid the global COVID-19 crisis, the Arab financial institution announced this Wednesday in a statement. The loan agreement was signed earlier this month by Morocco’s Economy and Finance Minister Mohamed Benchaaboun and the General manager […]
