refinery

Moroccan Consortium Wins $1 Bln Bid for New Terminal at Mohammed V International Airport

The consortium composed of Moroccan construction companies SGTM and TGCC has won the $1 billion contract to build a new terminal at Mohammed V International Airport in Casablanca, according to press reports. The new terminal, to be built over 600,000 m², is expected to boost the airport’s capacity to over 30 million passengers annually, becoming […]

Morocco-USA FTA Meeting: Rabat Seeking Trade Balance & Better Access to American market

The Joint Committee tasked with monitoring the Morocco-USA Free Trade Agreement (FTA) held on Monday its 9th meeting to discuss ways of strengthening further economic partnership and trade exchanges. The meeting, co-chaired by Minister of Industry & Trade Ryad Mezzour and U.S. Ambassador to Morocco Duke Buchan, gathered delegates from US Trade Representative Office and […]

Morocco: FDI Flow, Expatriates’ Remittances Grew in 2017

Remittances of Moroccans living abroad, one of the main source of foreign exchange reserves in Morocco, grew by 4% in the first eleven months of 2017 to stand at 60.2 billion dirhams ($6.5 bln), while FDI flow in the country grew by 13.2% to 21.8 billion dirhams over the same period compared to 19.3 billion […]