The Moroccan government has increased its general budget by 6.3% to about 62 billion dollars to meet increasing spending on social safety nets, earthquake reconstruction, job creation, and economic development. Speaking to members of Parliament, Finance Minister Nadia Fettah Alaoui said the government will also increase its public investment budget by 35 billion dirhams to […]
Around 40 pc of Morocco’s citrus production are exported to the EU, Morocco’s major trade partner, with 30-35 pc going to Russia and a further 15-17 pc to North America, while the local market absorbs 70 pc of the output. The Moroccan citrus industry is expected to produce 2.4 million metric tons (MT) during the […]
The Suez Canal Authority (SCA) is considering listing three companies on the Egyptian Exchange (EGX) by the end of the year, Chairman of the SCA Osama Rabie said. Rabie, in an interview with Al-Arabiya, said that studies are underway with the finance and investment ministries and that the chosen companies are those that achieve the […]
