Central bank sees automotive sector exports at $20 bln by 2026

Morocco’s central bank gave a promising outlook for Morocco’s current account balance putting emphasis on the growing exports of the automotive sector, seen at a record 20 billion dollars by 2026. Likewise, the bank expects Morocco’s phosphates and derivatives exports would settle at 10 billion dollars, while remittances from Moroccans abroad and tourism receipts would […]

Alstom Invests €10.5 million in Morocco over two years

Alstom is investing €10.5 million in Morocco to build a new production line and develop capability in the country to manufacture on board transformers. It will be the second production line at Alstom’s facility in Fez, which currently produces harnesses and electrical cabinets for rail and take up about 13,000 m2 of the facility and […]

Guinea’s Consul General Soriba Camara installed in Dakhla

Soriba Camara was officially installed as Guinea’s Consul General in Dakhla at a ceremony that took place on Monday in the presence of Guinean Foreign Minister Morissanda Kouyaté. The ceremony took place on the sidelines of the 7th Morocco-Guinea Joint Cooperation Commission, held in Dakhla under the co-chairmanship of Kouyaté and his Moroccan peer Nasser […]