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Sale of 8 per cent of Morocco’s stakes in Maroc Telecom to yield around $1 billion
The Moroccan government will get 8.87 billion dirhams (about $1 billion) from the sale of 8 per cent of its stake in the telecommunication continental giant. The Moroccan Capital Market Authority (AMMC) has given the go-ahead to the government to sell 8% of its shares in Maroc Telecom. The planned transaction on the block market […]
Laâyoune to Host a Regional Football Academy
A regional football academy will be constructed in Laâyoune, part of the efforts made to develop and modernize sports infrastructure in the southern provinces of the Kingdom. The project to cost $10.3 million (100 million dirhams) will be built over 10 hectares and will be completed in two years. The football academy, the largest in […]
Morocco’s economy grows 2.9% in 2024 first quarter despite drought
Morocco’s economic growth stood at 2.9% in the first three months this year, despite drought that undermined agricultural production. Led by domestic demand, non-agricultural growth was at 4% the same period thanks to the industrial sector and services, the high commissioner for planning said in a report. Rainfall was 42% lower compared to last year […]



