Morocco earmarks $670 million to restore livestock herd

Morocco will allocate 3 billion dirhams this year and 3.2 billion next year, or a total of 670 million dollars to restore its national herd, including through financial support to farmers, agriculture minister Ahmed El Bouari said. Under this program, the government will earmark 700 million dirhams to restructure and cancel debt owed to 50,000 […]

UK Appoints Simon Martin New Ambassador to Morocco

The United Kingdom has named Simon Martin new ambassador to Morocco in replacement of Thomas Reilly. The new envoy is  to take office  in September 2020, says the Foreign Office.   Prior to his new diplomatic assignment in Morocco, Simon Martin served as Ambassador to Manama from 2015 to 2019. He worked at Clarence House […]

Emirati Invictus planning to invest heavily in Africa, Morocco on top of list

Emirati Invictus Investment Company has announced plans to invest over $272 million on its expansion into North and East Africa with a focus on Morocco thanks to its political stability, geostrategic position, incentives to investors and competitive economy. In a press release issued Monday, the Dubai-based company said the expansion will be made through acquisitions […]