president of the Libyan Presidential Council- Mohamed El Menfi

Morocco’s investments abroad hit record levels in 2021

Morocco’s direct investments abroad recorded in 2021 the highest level over the past five years, reaching 17.9 billion dirhams. According to the latest data of the exchange office, this figure represents an increase of 10.17 billion dirhams compared to 2020, when these investments amounted to 7.7 billion dirhams. In 2019, Morocco’s investments abroad amounted to […]

Morocco to launch €82.6 million project to help vulnerable households face climate change

Morocco, in partnership with the international Fund for Agricultural Development(IFAD),agreed to launch a €82.6 million project to help vulnerable households face climate change. IFAD is an international financial institution and a United Nations specialized agency based in Rome – the United Nations’ food and agriculture hub. The project will benefit 11,200 vulnerable households in rural […]

Corruptions Rips Morocco of 7% of GDP

Morocco loses between 5 to 7% of its GDP due to corruption, head of the government Saad Eddine El Othmani said urging action to fight this calamity. Speaking at a recent meeting with his party members, El Othmani stressed the need for achieving the goals of Morocco’s anti-corruption strategy in two years. “There should be […]