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IMF hails resilience of Morocco’s economy to recent shocks

The International Monetary Fund has praised the resilience shown by Moroccan economy to challenging external conditions. Despite water scarcity, the September 2023 earthquake, and country’s economic activity picked up to 3 % in 2023 thanks to strong exports and a rebound of domestic demand In a press release issued Wednesday, the Fund’s Executive Board, which […]

MEPs Continue to Express Support for EU-Morocco Fisheries Agreement

Members of the European Parliament (MEPs) and EU legal experts continue to express support for a renewal of the Morocco-EU fisheries agreement while challenging the non-binding opinion of European Court of Justice Advisor Melchior Wathelet. In a wave of articles critical of the pro-Polisario opinion by Wathelet, French Socialist member of the European Parliament, Gilles […]

Samsung gets golden license to set mobile phone factory in Egypt

Egypt Wednesday August 30 accorded South Korean tech giant Samsung a golden license to set up a mobile phone plant to produce, after the North African provided the firm another permit to manufacture tablets for educational use. The future factory, 6,000 square meters, is expected to generate 768 direct and indirect jobs and located in […]