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Morocco Calls for Respecting Freedom of Sea Navigation in Strait of Hormuz
Morocco is following with concern the recent developments in the Strait of Hormuz and calls for respecting the freedom of sea navigation. “Morocco is following with concern the recent developments and calls for respecting the freedom of sea navigation in the Strait of Hormuz, the international law and the rules of sea navigation, which […]
Morocco-KSA: Cosumar’s new sugar refinery in Yanbu to start production in March
Morocco’s first sugar refinery Cosumar announced that production in its new refinery in Yanbu, Saudi Arabia, will start in March this year. The refinery in Yanbu is scheduled to start operating in March 2020, Cosumar group CEO Mohamed Fikrat told Reuters. The Yanbu refinery, with a nominal capacity of 850,000 tons of high quality white […]
Morocco set to reduce its industrial trade deficit
Morocco has launched an ambitious plan to cut its trade deficit by $3.7 billion by offering incentives to local investors to produce imported goods locally, Morocco’s trade minister said. So far 731 industrial projects were eligible for state subsidies, of which 90% will be funded by a Moroccan capital, minister Riad Mezzour told MPs. Most […]



