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Morocco sets up national financial intelligence body to combat money-laundering & terrorism financing
The Moroccan government has approved the setting up of a National Financial Intelligence Authority to better combat money-laundering, terror financing and weapons proliferation. The establishment of this new entity comes following the recommendations issued by the Middle-East & North Africa Financial Action Task Force which has called for upgrading the country’s financial intelligence unit […]
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 […]
Renewable Energy Could Enable Morocco Create Half Million Jobs
The sector of renewable energy could enable Morocco to create up to half a million jobs by 2040, according to a report issued by Mediterranean Forum of Institute of Economic Sciences. Most of these jobs are expected to be created from the Noor-Ouarzazate solar complex, which will host a number of projects based on different […]



