Oil tanker

Phosphates: Morocco’s OCP group reports $ 1.7 billion earning in 1st Quarter 2023

Morocco’s state-owned phosphate company OCP has reported $1.78 billion in first quarter of 2023 against $2.6 billion earned in the same period last year. Yet, this year’s results show the resilience of the global leader in the fertilizer industry in challenging market conditions, says the company in a press release. Global fertilizer prices continued to […]

Ex-Mauritanian leader Mohamed Ould Abdel Aziz faces 20-year jail sentence in connection to ongoing trial

The prosecution in the ongoing trial of former Mauritanian President Mohamed Ould Abdel Aziz has requested a 20 year-prison sentence against the 66-year-old man accused of “power abuse” and “unlawful enrichment” during his tenure (2008-2019). The former leader has been on trial since January 2023. His entourage has branded the trial politically motivated. They have […]

Davos: Morocco enters new development phase to build social state (Gov’t Chief)

Morocco is entering, thanks to the leadership of King Mohammed VI, a new phase of its development characterized by the building of a Social State, the Head of Government, Aziz Akhannouch, said on Wednesday in Davos. In one year, the government has fulfilled the royal agenda by putting in place the regulatory framework for compulsory […]