Libya, bank of commerce & development

EBRD & EU Support Morocco’s Fishing Industry

The European Bank for Reconstruction and Development (EBRD) is working on strengthening the small-business support for the fishing industry in Agadir region, famous for its fishing sector. With nearly 2.7 million people and its contribution of 7.7 pc to the country’s GDP, the region is of great strategic importance to Morocco. It is part of […]

Morocco’s dam filling rate improves on recent rainfall

Dam filling rate increased to an average of 37% in Moroccan dams totalling 6.3 billion cubic meters, thanks to recent rainfall which revived farmers’ hopes after a prolonged drought. The rate improved from 26% last year, thanks to a sustained rain and snowfall that has continued across the Kingdom since early March. The filling levels […]

Morocco postpones Throne Day festivities because of COVID-19 pandemic

The festivities organized on the occasion of Throne Day, marking this year the 22nd anniversary of King Mohammed VI’s ascension to the throne, will be postponed, a statement by the Ministry of the Royal Household, Protocol and Chancellery announced.   Taking into consideration the continuation of preventive measures imposed by the evolution of the health […]