Morocco increased eightfold the area cultivated with legal cannabis to 2078 hectares as the number of permits for investors grew to 161. Speaking to Asharq, head of the national agency for the regulation of the activities linked to cannabis, Mohamed Guerrouj, said these figures reflect the success of legalization among farmers and investors alike. “This […]
Morocco’s leading banking group, Attijariwafa bank, has submitted a bid to take over British Barclay’s Egypt branch, a source close to the Moroccan institution told Reuters. The transaction has been estimated at $400 million. Barclay has decided to get rid of its Egypt’s branch as part of structural adjustment policy in a move to generate […]
Indonesian daily, The Jakarta Post, wrote on Sunday about the promising prospects for the development of economic ties between Indonesia and Morocco, which the paper described as a “regional power in North Africa.” Morocco is a “promising market as well as a gateway to both African and European countries for Indonesian products and investment, as […]
