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Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 2017
Morocco’s foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank Al Maghrib said. The Bank said it maintains key interest rate at 2.33%, adding that the exchanges volume rose from 5.4 billion to 8.2 billion DH. The drop in Morocco’s […]
Morocco tests floating solar panels to curb dam water evaporation
Morocco is testing floating solar panels on a major reservoir near Tangier to reduce water evaporation and generate green energy, to power the nearby Tanger Med port complex while tackling the impact of the kingdom’s worst drought in decades, local media reported. The pilot project, launched in late 2024, aims to reduce water loss from […]
Moroccan Navy Takes Part in Sea Border 2016 Naval Exercise in Italy
The Moroccan navy took part in the naval exercise, Sea Border 2016, in the Gulf of Taranto in Italy on September 5-9. On this occasion, Morocco sent patrol vessel OPV-70 dubbed, Bir Anzarane, which made an outstanding performance during the joint naval exercise that brought together naval forces from the north and south of the […]



