Morocco and the European Union have voiced their shared determination to strengthen their strategic dialogue, political consultation and operational cooperation on common challenges. This came in the joint declaration issued at the end of the 14th meeting of the EU-Morocco Association Council, held in Brussels Thursday under the co-chairmanship of the EU High Representative for […]
Morocco’s economic growth is expected to reach 2.5 pc in 2023 before rebounding to 3.3 pc in 2024, according to the World Bank’s latest Global Economic Prospects report. The persistent drought and high inflation are weakening growth in Morocco, with unemployment rising to above its pandemic peak in March 2023, said the WB. However, growth […]
Saudi renewable energy company, Acwa Power, said a new breakdown will leave a solar plant in Noor Ouarzazate project idle until November 2024, totaling losses estimated at 47 million dollars. The breakdown was due to a storage problem, it said in a statement on the Saudi Stock Exchange, adding that it was planning to build […]
