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Morocco’s Managem targets 50% gold portfolio, CEO Says

Managem plans to expand the share of gold in its portfolio from 20% to 50% as it expects an increase in production from the mine it operates in Sudan, CEO Imad Toumi said. Managem also plans to start production in its Tri-K gold mine in Guinea in the second half of this year, Toumi told […]

Morocco’s trade minister rants against west’s trade protectionism

The West has for long advocated free trade, but as globalization wanes serious trade protectionist measures are implemented in the EU in particular, targeting industrial goods from Morocco and other developing nations, trade minister Ryad Mezzour said. Mezzour, was speaking to an international conference in Dakhla, when he deplored the recent measures by Italy to […]

First batch of 6 Apache helicopters arrives in Morocco

Six AH-64E Apache helicopters have been received by Morocco, in a drive to modernize the air force’s capabilities in an uncertain environment. The delivery is part of an order made in 2019 for 36 Apache helicopters and related equipment for a total cost estimated at $4.2 billion. A Moroccan Royal Armed Forces account on X […]