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Morocco’s Energy Bill Down 30% by July
Morocco’s oil and gas imports stood at 29.394 billion dirhams by July 2016 compared to 41.947 billion dirhams the same period last year, which is a significant 30% drop, Morocco’s exchange office said in its latest statistics. Yet, despite the drop in oil prices, Morocco’s commercial deficit deepened 7.5% as imports continue to exceed exports. […]
Spanish Aerospace giant Aciturri expands in Morocco
Spanish aeronautical group Aciturri is expanding its presence in Morocco through a new partnership announced Wednesday. Under the new partnership, Aciturri will establish a new manufacturing facility in Midparc, a Moroccan industrial development company, with an estimated investment of $2.4 million (25 million dirhams) planned for equipment in 2024. The agreement, signed in Casablanca in […]
UK to Cancel Palestinian Expo over Organizers’ Alleged Links with Hamas, Hezbollah
The British government is on the verge of cancelling an exhibition on the Palestinian cultural heritage over assumptions that organizers have links with Gaza ruler Hamas and Lebanon-based Hezbollah; two movements considered as terror groups by the United Kingdom. Although the ban is not officially announced, organizers believe the Department for Communities and Local Government […]



