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Morocco’s subsidies spending spikes to $1 bln so far this year
Morocco’s spending on cooking gas, sugar and flour subsidies hit 10 billion dirhams ($1 bln) so far this year, compared with 3.8 billion dirhams the same period last year, official figures showed. This 170% increase is mainly due to the simultaneous post-covid recovery which created high demand on commodities, worsened by an offer shortage […]
EBRD lends Morocco’s ONEE €300 Mln to support its financial & climate resilience
The European Bank for Reconstruction and Development (EBRD) provides Morocco’s Office National de l’Electricité et de l’Eau potable (ONEE) €300 million loan to strengthen the financial & climate resilience of the utility company and support its digitalization projects. The Moroccan National Office of Electricity & Drinking Water is involved in generation, transmission and renewables. The […]
Royal Air Maroc, Mauritania Airlines sign codeshare agreement, increase their weekly flights
Morocco’s air carrier, Royal Air Maroc, and Mauritania Airlines signed a Memorandum of Understanding (MoU) and a “free flow” codeshare agreement for the direct Casablanca-Nouakchott air route. This strategic agreement, initialled in Casablanca on Friday, is part of both airlines’ ongoing efforts to enhance their customers’ experience, as it will allow passengers to benefit from […]



