bourita migration

Casablanca‑Settat becomes first Moroccan region to issue bond

Morocco’s Casablanca‑Settat region has become the first regional authority in the country to tap the capital markets, issuing 1 billion dirhams (€92 million) local-currency bond with cornerstone support from the European Bank for Reconstruction and Development (EBRD). The EBRD said it invested MAD 400 million (€36.8 million) in the issuance, helping to ensure the bond’s […]

PSA-FCA merger could bring new automotive investments to Morocco- Industry Minister

A merger between French automaker PSA, which already operates a plant in Kenitra, and Italian FCA could pave the way for the setting up of a FIAT factory in Morocco, said Industry and Trade Minister Moulay Hafid El Alamy. Speaking at a meeting in Italy, held by Morocco’s export promotion agency (AMDIE) and the Italian […]

Morocco, Argentina sign secret deal to exempt Messi from March 26 friendly tie

The Moroccan football association and its Argentine counterpart have signed a secret deal allowing Lionel Messi not take part in the March 26 friendly match in Tangiers. FC Barcelona’s legend Messi will not play the international match over alleged injuries. Reports in Morocco and Argentina however suggest that the player’s absence was decided under a […]