General National Maritime Transport Company (GNMTC) of Libya is getting ready to file a case against STX Europe for the recovery of a cruise ship ordered during Kaddafi’s regime. Sources claim that the GNMTC wants to act following the announcement by STX Europe that MSC Croisières and STX France have entered into a contract for […]
Morocco’s regional investment centers that are supposed to assist investors, both national and foreign, and to facilitate the paperwork for the setting up of projects will be restructured after an audit revealed many dysfunctions preventing these centers from fulfilling their mission properly. The results of the audit were presented Monday to King Mohammed VI by […]
The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]
