King Mohammed VI has appointed Mohamed Benchaaboun as Minister of Economy and Finance in replacement of Mohamed Boussaid who had been sacked on August 1. The royal office announced in a statement that the King received Benchaaboun on Monday at the Royal Palace in Rabat and appointed him Minister of Economy and Finance. The King […]
Morocco has claimed the top spot as the most cost-effective country for automobile manufacturing, with its labor costs per vehicle, in addition to its modern production facilities, streamlined designs, and reliable supply chains, according to a recent global report by consulting firm Oliver Wyman. The study, which examined over 250 vehicle assembly plants worldwide, found […]
French Veolia plans to sell its stake in utilities company Lydec, a Casablanca-listed company that manages water supply, electricity distribution, and sewage. Veolia will sell its stakes to Société Régionale Multiservices Casablanca-Settat, in line with authorities’ plan to put utilities under the authority of regional companies owned by the state. Lydec oversees the delegated management […]
