Moroccan HCP

Morocco’s trade deficit expands due to expensive energy imports

Morocco’s trade deficit up to June surged to 150.5 billion dirhams or 14.6 billion dollars as the country sustains a heavy energy bill on the back of soaring commodities prices. The trade gap expanded 48.7% as the domestic economy recovers and demand grows on imports of semi-products and equipment required by the local industry increase. […]

Moroccan navy rescues 41 Sub-Saharan migrants off Sahara

Morocco’s Royal Navy rescued 41 Sub-Saharan migrants off Tan Tan, in the southern provinces, the Sahara. The migrants were aboard a dinghy heading to the Canary Islands, which reported record arrivals last year. Last year, Morocco rescued 18,645 at sea, as the number of departures from West Africa surged. In total, Morocco foiled 78,685 migration […]

Abu Dhabi Crown Prince calls King Mohammed VI to wish him a speedy recovery

King Mohammed VI received a  phone call from Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohammed bin Zayed Al Nahyan, on Thursday June 19. A statement by the Royal Office said Sheikh Mohammed expressed to the Monarch hopes for a speedy recovery and wishes of good health. […]