morocco-automotive industry

Morocco seeks more Turkish investments to compensate trade deficit

Morocco is reportedly seeking a re-negotiation of its free trade agreement with Turkey as it seeks more Turkish investments to compensate for an expanding trade deficit, minister delegate in charge of foreign trade Omar Hjira said. The trade deficit with Turkey soared to 3 billion dollars, driven by fabric imports by Morocco’s textile sector. The […]

Morocco, Arab Futsal Champion for third time in a row

Morocco’s futsal team won the Arab Cup for the 3rd time in a row, following their victory over Kuwait (7-1) at the seventh edition of the Arab Futsal Cup held in Jeddah. Shortly after the end of the game Friday, King Mohammed VI sent a message of congratulations to the members of the national futsal […]

EIB supports microcredit activity in Morocco with €10 million

The European Investment Bank (EIB) will support income-generating microcredit activities in Morocco with a €10 million loan. The loan to be extended to the financing company of microfinance organizations “Jaida” will strengthen the company’s capacity to finance microfinance institutions in Morocco and support its action meant to promote financial inclusion and social development, said a […]