Morocco: FDI Increases, Trade Deficit Deepens

The indicators of Moroccan economy showed a positive evolution in 2018. Thus foreign direct investments (FDI) amounted to 30.2 billion dirhams at the end of the first ten months of the current year, compared to 21.3 billion at the end of October 2017. However, the trade deficit is worsening. According to the Exchange Office (Office […]

EU extends further assistance to Palestinian people, refugees

The EU adopted on Wednesday the second part of its 2013 assistance package for Palestine worth €148 million. The funding from the European Neighbourhood and Partnership Instrument is meant to ensure continuation of critical support to the Palestinian Authority (PA) and United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) […]

COVID-19: Morocco cancels cultural & artistic events as omicron continues to spread worldwide

Moroccan authorities decided on Friday to cancel all cultural and artistic events as the new coronavirus variant Omicron continues to spread around the world. The new measure comes after they have suspended all incoming passengers’ flights and ferries for two weeks, while the number of attendees at funerals has been reduced to maximum ten people […]