Laayouneconnect paltaform

Morocco’s spending on subsidies halved by April

Morocco’s spending on subsidies of basic consumer goods dropped to 2.2 billion dirhams by April, from 5 billion dirhams the same period last year. The drop in subsidies bill was mainly ascribed to the 68% decrease in the cost of butane gas as well as sugar prices. Morocco also subsidies flour. Therefore, it is expected […]

Islamic Organization for Food Security lauds Morocco’s successful agricultural experience

Ways of fostering further cooperation ties between Morocco and the Islamic Organization for Food Security (IOFS) were at the center of talks held Wednesday in Rabat between Moroccan foreign minister Nasser Bourita and IOFS Chief Berik Aryn. Talks also focused on Morocco’s participation in IOFS’ training and technical assistance programs, joint research projects and Morocco’s […]

The Egyptian Exchange worst day

It was not a joyful day at the Egyptian Exchange just like any other day since the beginning of the week. Tuesday was among the worst as losses continue to increase with the Egyptian Exchange (EGX) 30 benchmark index dropping by 1.95% to reach 5,129 points at the end of the session compared to 5,231 […]