mohamed-6

Morocco’s African trade surplus drops to 7.2 billion dirhams

Morocco maintained a trade surplus with Africa in 2024, though it declined significantly to 7.2 billion dirhams from 12.6 billion dirhams the previous year, according to the Foreign Exchange Office’s annual report on Morocco’s foreign trade. The deterioration stems primarily from an increased trade deficit with Egypt, which widened by 3 billion dirhams, combined with […]

Morocco’s competition council delivers its first sanction against Swiss Sika Ag

Morocco’s competition council fined Switzerland’s Sika Ag for its non-compliance with local competition law, the first sanction delivered by the regulator since its creation. Sika Ag had acquired Dry Mix Solutions, both operating in the manufacturing of construction material, without informing or getting approval from the Moroccan competition council in advance. The fine stood at […]

Former Formula 1 two times champion Fernando Alonso to take part in Rally Morocco

Former Spanish Formula 1 legend Fernando Alonso will take part in the Rally Morocco, next month, as a rehearsal for his participation in Rally Dakar next year in Saudi Arabia, his team Toyota Gazoo Racing has announced. The rally is slated for October 3-5 and is viewed as the traditional warm-up event for the Dakar […]