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Morocco in no way concerned with ECJ ruling on farming & fisheries agreements – Foreign Ministry

Morocco considers itself in no way concerned by the ruling on the agricultural and fisheries agreements issued by the European Union Court of Justice this Friday, says the Ministry of Foreign Affairs, which stresses that the Kingdom was not involved in any phase of the proceedings. “Morocco is not a party to this case, which […]

Morocco’s central bank kicks off instant inter-bank payments

Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]

Morocco’s development model for Sahara 70% completed – PM says

Morocco has finished 70% of the development projects under the development model for the Sahara which notably includes a highway, a port, renewable energies, water desalination and phosphates production plants, head of the Moroccan government said. The 700 projects under this model amounted to 85 billion dirhams ($9.3 billion) instead of the $7 billion forecasted […]