Utac Ceram

Tangier Med upholds position as leading container port in Mediterranean

All port activities in Tangier Med have posted sustained growth in 2020, thus allowing the port complex to uphold its position as the leading container port in the Mediterranean basin. The overall tonnage processed during the past year stood at 81 million tons, an increase of 23% compared to 2019, said the Tangier Med Port […]

Morocco’s Tourist Arrivals up 9% up to May

The number of tourists visiting Morocco between January and May increased 9% to 4.1 million compared with the same period last year. International tourist arrivals rose 15% while Moroccans living abroad visiting their homeland dropped 1%, the tourism ministry said in its latest statistics. Arrivals from main tourist emitting markets showed a 16% increase in […]

Paris Club creditors cancel $1.4Bln of Somalia’s debt

The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of $1.4 billion. The decision cancels 67% of the debts owed to Paris Club by Somalia. Several of Somalia’s Paris Club creditors, including the United States, the UK and Norway, as well as the World Bank and […]