Election of five non-permanent members of the Security Council

Arab League: Rabat calls for enhanced economic cooperation & integration

The Moroccan government has called for strengthening Arab economic cooperation and integration to counter the current economic and social challenges. Addressing the Arab Economic and Social Council meeting, which opened Thursday in Cairo, Moroccan Ambassador to Egypt & Permanent Representative to the Arab League Ahmed Tazi stressed the need to speed up the implementation of […]

Morocco’s Foreign Exchange Reserves Cover 7 Months of Imports

Morocco’s foreign exchange reserves rose to cover 7 months and 14 days of imports by August up from 6 months and 11 days the same period last year, the Central bank, Bank Al Maghreb said. By the first week of September, Morocco’s foreign exchange reserves stood at 248.9 billion dirhams, that is a 17.7% increase […]

Auto Industry: €50 Mln earmarked for 1st Moroccan car brand for local market

“Neo” is the first Moroccan car brand to be produced for local market with a €50 million investment which will be used for the building of a factory for this project. The announcement has been made by the Minister of Industry & Trade, Ryad Mezzour. He told Saudi newspaper Asharq that the plant is expected […]