Foreign Affairs Committee delegation in Laayioun

Morocco, third destination for remittances from African diaspora in 2021 – World Bank

The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the continent, right behind Egypt and Nigeria, a World Bank report revealed. Compared with last year data, Morocco will witness a 25.76 per cent increase, according to data published in the […]

Morocco’s OCP Group raises $2 billion from bonds sale

Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]

Morocco welcomes foreign investors in health sector

Morocco has introduced incentives and removed legal barriers to encourage foreign companies to invest in its health sector and attract foreign doctors to fill in shortages, health minister Khaled Ait Taleb said. In an interview with Reuters, Health Minister Khaled Ait Taleb said the health system will have to deal with an increase in demand […]