The World Bank has granted Morocco a $125 million additional financial support to enable the North African Kingdom build the Noor-Midelt I and II plants expected to produce 600-800 megawatts. The Noor-Midelt complex will be the country’s second concentrated solar power (CSP) complex built under the Noor Solar Plan. The Solar Plan is a critical […]
The security agents of the Tangier-Med port foiled on Friday an attempt to smuggle in 6,000 ecstasy pills which were found inside a truck-trailer coming from a neighboring European country. A 50-old man was arrested in connection with this anti-smuggling operation. He was captured after his arrival on board a boat coming from Spain, said […]
Thanks to an economic recovery and better tax revenue, the Moroccan government reduced its fiscal deficit to 6% of GDP in 2021 from 7% a year earlier, the finance ministry said. The deficit stood at 70.9 billion dirhams, down from 82.3 billion dirhams in 2020, a year in which Morocco imposed a three-month long lockdown […]
