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Morocco’s trade deficit eases 23.1%, tourism receipts halve
Morocco’s trade deficit shrunk 23.1% as the pandemic lowered both imports and exports with tourism being the worst hit sector. Tourism revenues dropped 53.8% to 36.3 billion dirhams from 70.7 billion dirhams in 2019 when Morocco received 13 million people. Imports bill dropped 14% thanks in particular to lower energy imports and fewer equipment imports […]
Fertilizer: OCP wins $34.5 Mln supply contract for Bangladesh
OCP Nutricrops, a subsidiary of the Moroccan state-owned phosphate group, has been awarded a $34.5 million contract to supply Bangladesh with 40,000 tons of diammonium phosphate (DAP), the most popular phosphorus fertilizer in the world, providing both essential nitrogen and phosphorus (N and P) for plant growth. The contract enhances further the presence of the […]
Egypt: State-Owned Paper Lashes out at Interior Ministry, Calls for Minister’s Dismissal
Egypt’s main state-owned newspaper Tuesday lambasted the interior ministry in an “unprecedented editorial” following the arrest of two journalists and police raid on the Press Syndicate headquarters on Sunday. Al-Ahram, one of government vibrant supporters, took millions of Egyptians by surprise as it chided state security apparatus over brutality committed on journalists over the past […]



