Morocco’s Royal Air Maroc, which has been hit hard by the coronavirus pandemic, will receive 6 billion dirhams (623 million dollars) from the government as part of a bailout plan. Speaking to members of the Upper House, Finance Minister Mohamed Benchaaboun said that the aid is part of state assistance to public enterprises in disarray […]
The African Development Bank (AfDB) has extended Morocco a €104.7 million loan to boost the water sector in the Kingdom. The funding is destined to speed up the digitalization processes of the National Office for Electricity and Drinkable Water (ONEE), boost drinking water production in several urban areas (Asfalou, Bouhouda and Agourai), and improve the […]
President Francois Hollande of France has expressed his country’s thanks to King Mohammed VI for the “effective assistance” provided by Morocco following the Paris terror attacks that shook the French capital a week ago. This came during a meeting between the two heads of State held Friday afternoon at the Elysée, the French presidential palace. […]
