Orascom Telecom has announced that it will be dropping its bid to take over Wind Mobile Canada, under the Investment Canada Act, despite its strong interest in the company after discussions with Canada’s federal government. Wind Mobile Canada is among the rising companies trying to challenge the main cellphone wireless carriers in Canada. In the […]
Morocco’s push to prioritize domestically produced wheat following a strong harvest is being hampered by bottlenecks in harvesting, rising costs and some quality concerns, industry officials and sector reports indicate. After abundant winter rains ended a seven-year drought, Morocco expects cereals output to double this season to around 9 million tons. To shield local farmers […]
Morocco’s tourism continues its impressive performance with 10% increase in receipts to 8.8 billion dirhams or 880 million dollars, the foreign exchange office said. Remittances from Moroccans living abroad rose 0.5% to 950 million dollars in the first month this year. Foreign direct investments jumped 24% to 500 million dirhams, helping attenuate the country’s current […]
