Libya-vegetables-

Morocco obtains IMF flexible credit line worth $4.5 bln

The IMF has approved a flexible credit line worth $4.5 billion to help Morocco cushion against external shocks. The two-year arrangement will be treated by Moroccan authorities as precautionary, the IMF said in a statement. “The Moroccan economy has shown a sustained track record of implementing very strong policies and remarkable resilience to recent shocks, […]

The Royal Office Rebukes PPS Secretary General Ahead of Legislative Elections

The Royal Office has rebuked in the strongest terms the Secretary General of the Progress and Socialism Party (PPS) for uttering “unfounded” personal statements in which he implicitly accused an advisor to the King of authoritarianism. This came in a statement released Tuesday evening by the Royal Office following an interview given by Benabdellah- who […]

Norwegian company wins $2Mln deal to power 4 poultry plants in Morocco with solar energy

Norwegian company “Empower New Energy” has won a $2 million contract to equip four poultry plants of Zalar Holding with solar photovoltaic panels for the production of electricity. The project is developed in partnership with the experienced Moroccan renewable energy company – JET Energy. It is expected to generate 3800 MWh per year. This will […]