Morocco’s spending on subsidies of basic consumer goods dropped to 2.2 billion dirhams by April, from 5 billion dirhams the same period last year. The drop in subsidies bill was mainly ascribed to the 68% decrease in the cost of butane gas as well as sugar prices. Morocco also subsidies flour. Therefore, it is expected […]
The leader of the Free Destourian Party (PDL), one of the main opposition parties in Tunisia, was placed in conditional detention on Tuesday after she was arrested in front of the presidential palace, according to the lawyer of her party. Abir Moussi was detained, but the reasons for her arrest remained unknown, said lawyer Naoufel […]
The European Bank for Reconstruction and Development (EBRD) is helping to develop the olive oil sector in Morocco with a loan of up to MAD 55 million (€5 million equivalent) to Al Dahra Holding subsidiaries in Morocco, Al Dahra Morocco Factories (ADFAC) and Al Dahra Morocco (ADMO). The EBRD funds will finance the construction […]
