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India’s Samta Metals & Alloys invests $70 Mln in recycling plant in Morocco

India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]

Tourism Makes up 7% of Morocco’s GDP- Minister

Tourism contribution to Morocco’s GDP stood at 7% with a turnover of 115 billion dirhams in 2016, tourism and air traffic minister Mohamed Sajid said. Speaking at the weekly government meeting, the Minister said that the tourism sector is among the key drivers of employment in Morocco offering 2.5 million direct and indirect jobs. In […]

Morocco, KSA ink MoU on renewable energies; agreement on peaceful uses of atomic energy

Morocco and Saudi Arabia signed, on Monday in Riyadh, a Memorandum of Understanding (MoU) on renewable energies and a Cooperation Framework Agreement on the peaceful uses of atomic energy. Cooperation between the two countries in the field of renewable energies and peaceful uses of atomic energy aims to meet their needs in terms of developing […]