rabat_celebration of 50th OIC anniversary

Morocco’s planning agency revises downward 2024 growth due to drought

Morocco’s planning agency HCP said drought would ditch this year’s growth rate to 3% from an earlier estimate of 3.4%. The rate is almost similar to that of the IMF, which expected the economy to grow 3.1% this year. HCP expects the economy to recover to 3.4% in 2025, on the hypothesis of a close […]

Morocco Launches Incentives to Attract More Industrial Investments

Morocco announced on Monday an ambitious investment reform plan including multiple incentives, in a bid to capitalize on its business climate and political stability to attract more industrial investments. The incentives were revealed during a ceremony in Rabat chaired by King Mohammed VI. They include tax exemption benefiting industrial companies for up to five years, […]

Bayt Mal Alqods Acharif Agency provides hospitals in occupied Jerusalem with medicines, biomedical equipment

The Bayt Mal Alqods Acharif Agency has sent medical supplies and equipment to hospitals in occupied Al Quds to support victims of the ongoing crisis in the holy city. The agency, chaired by King Mohammed VI through the Al-Quds Committee and operating as an affiliate of the Organization of Islamic Cooperation (OIC), said in a […]