automotive industry in Morocco

New AYA Biotechnology Plant to advance Morocco’s food security strategy

Morocco launched the AYA (Anouar Yieldest Additives) industrial project Wednesday in Jorf Lasfar, worth a 480-million-dirham investment in agro-industrial biotechnology by Anouar Invest group. The facility marks significant progress toward the kingdom’s food sovereignty and industrialization objectives while establishing new export capabilities in biotechnology sectors. The plant extends over 7.1 hectares including 28,700 square meters […]

Mauritania eases visa procedures for Moroccan businessmen

Moroccan businessmen will have a preferential treatment to obtain Mauritanian visa, as Mauritania looks to closer economic ties with its northern neighbor Morocco. The Moroccan employers’ federation (CGEM) announced the news saying that its members can submit their membership document to get visa facilities. The news comes as Morocco and Mauritania brace for a new […]

Morocco Loses up to $2 Billion in Trade Imbalance with Turkey

Morocco’s trade minister Moulay Hafid Elalamy reiterated the need for a review of the trade agreement with Turkey whose imbalances cost Morocco $2 billion annually. Speaking to MPs, Elalamy said that Morocco may scrap the deal if no agreement is reached to redress the dysfunctions. While praising the benefits of the free trade deals signed […]