The $4.8 billion strategic investment fund, set up part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the ...
OCP partners with Budenheim and Prayon to double phosphoric acid production
Morocco’s phosphates and fertilizer producer, OCP, partnered with German and Belgian partners, Budenheim and Prayon, to build a new plant for the prod...
Post-Covid: Moroccan CIH bank gets €40 Mln EBRD loan to support local businesses
The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €40 million loan package to Moroccan bank “Crédit Immobilier et Hôte...
Canada’s Aya Company to expand Moroccan silver mine of Zgounder
Canadian mining company Aya Gold & Silver has launched lately the feasibility study for the expansion of the Moroccan Zgounder Silver Mine, near O...
Beirut blast: €250 million pledged for Lebanon at donors conference
Lebanon Sunday garnered €250 million ($294.5 million) in pledges at a virtual international conference of donors, led by France’s President Emmanuel M...
A Free zone to end smuggling in Morocco’s north
Morocco is unrelenting in its fight against contraband. The North African country has taken a series of measures to crackdown on smuggling while offer...
Moroccan cabinet approves setting up of strategic investment fund
The government council approved a decree setting up a strategic investment fund worth 45 billion dirhams to spur public-private investments. The fund ...
COVID-19: Morocco launches rescue plan for tourism sector
Morocco’s battered tourism sector will receive a lifeline provided operators retain 80% of jobs, according to a public-private deal covering 2020-2022...
Coronavirus sheds 500,000 jobs in Morocco
There were 500,000 more unemployed people in Morocco by June 2020, compared to the same period last year, said the high commission for planning in its...
Morocco to create $4.8 bln strategic investment fund
Morocco will set up a strategic investment fund worth $4.8 billion to help the economy recover from the coronavirus impact, Finance Minister Mohamed B...