Arab parliament

Morocco’s trade deficit shrinks up to May

Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Aeronautics was the […]

Algeria takes aim at consular ties with Morocco, in new diversionary maneuver

Algeria has declared Morocco’s consul to Oran persona non grata without offering whatsoever explanation, in yet another diversionary tactic at a context Algiers is engulfed in diplomatic turmoil. The decision came the same day Algeria handed a five-year jail sentence to a writer who recalled that France amputated lands and attached them to current Algeria. […]

Morocco’s OCP plans its own ammonia plant worth $7 bln

Morocco’s fertilizer manufacturer, OCP, said it plans to invest 7 billion dollars in an industrial complex that will help it produce green ammonia from hydrogen produced from renewable energies in the southern region of Tarfaya. The project- which will also include a desalination plant- is part of the already announced $13 bln-project to fully shift […]