Morocco’s textile industry seeks new strategy

Morocco’s textile and clothes industry represents 15% of the country’s GDP but has been facing fierce competition of Turkish manufacturers that caused many layouts and put several factories out of business, pushing Moroccan professionals to seek a new strategy to boost competitiveness. They mostly blame the free trade agreement signed with Turkey, which has dumped […]

Morocco, IAEA to bolster partnership in nuclear applications

Morocco’s National Center for Nuclear Energy, Science and Technology (CNESTEN) and the International Atomic Energy Agency inked two major partnership agreements in Vienna on Monday. The agreements were initialed by CNESTEN and IAE Director Generals, Hamid Marah and Rafael Mariano Grossi, on the sidelines of the Agency’s 68th General Conference. The first agreement concerns the […]

Morocco to offer financial help to the unemployed and suffering businesses due to Covid-19

A Moroccan committee adopted a series of measures, including stipends for the unemployed and loan and tax deferrals for enterprises in difficult financial conditions due to the coronavirus outbreak. Employees who lost their jobs will receive 2000 dirhams monthly and continue to benefit from family allowances and mandatory health coverage as well as a three-month […]