bank-al-maghrib

Morocco: Mineral Resources to Power Industrial Ecosystem for Global EVs Supply Chain

Morocco has a large production capacity for nickel manganese cobalt oxide (NMC), a significant cathode for manufacturing autonomous lithium-ion batteries (LIBs), a vital component for EVs, says a scientific research published in “Next Energy” academic journal. To benefit most from its strategic mineral resources exported currently in their raw or intermediate forms, Morocco has started […]

Morocco to back China’s textile Sunrise group with $410 mln

Morocco will offer a financial aid to China’s textile giant Sunrise Group worth 410 million dollars, to help fund an industrial project that would employ 11,000 people. The news came following a visit by Akhannouch- who was in China to attend an Africa summit- to a Sunrise factory where he met officials from the Chinese […]

Spain: Moroccan arrested for threatening to blow off train

A Morocco man was nabbed Thursday for threatening to blow off a train traveling from Barcelona to Figueres. https://twitter.com/SERCatalunya/status/837353944343019520/photo/1 The man who was on the train shouted out he would detonate a bomb, Spanish Europa Press reported citing passengers and train workers. The passengers alerted the Catalonia police which nabbed him at Gerona. Police reported […]