Pope Francis who was on two-day apostolic visit to Morocco March 30-31 hailed the religious freedom he witnessed in Morocco and the respect with which all brothers and sisters are welcomed and upheld the example of Morocco where, he said, people of all faiths are protected. “This is a beautiful flower of coexistence that promises […]
British company Genel Energy announced a petroleum agreement and association contract sealed with the Office National des Hydrocarbures et des Mines (ONHYM) for offshore exploration in Lagzira block in Morocco. The deal sets out an eight-year exploration term consisting of three phases. The Lagzira block (formerly Sidi Moussa) is a large offshore license that hosts […]
Morocco’s central bank revised downwards this year’s growth forecast to 0.7% amid rising inflationary pressures due to fallout of the war in Ukraine and as Morocco faces an unprecedented growth. The Bank said Morocco’s cereals harvest will drop to 25 million quintals from 103 million quintals last year, amid a 57% rainfall deficit which meant […]
