Morocco has distributed cash to a little over 70% of Moroccan households to help them cope with the restrictive measures to curb the coronavirus, fina...
Post-Covid-19: AfDB forecasts 4% GDP growth in Morocco in 2021
The African Development Bank (AfDB) expects a 4 pc GDP growth in Morocco in 2021 after the country’s economic activity was affected like other countri...
Reviewed Budget Law examined at Council of Ministers
King Mohammed VI, who was accompanied by Crown Prince Moulay El Hassan, presided this Monday, July 6, over a council of ministers devoted, among other...
World Bank downgrades Algeria to lower middle-income status
The World Bank, the second largest international economic institution with the International Monetary Fund (IMF), has officially downgraded Algeria to...
French AFD supports development of Moroccan ports with a €100 million loan
The French Development Agency (AFD) will extend the Moroccan National Ports Agency (ANP) a loan worth €100 million loan (MAD 1.1 billion) destined to ...
Morocco to freeze civil service hiring in 2021 except in health, education and security
Tough times ahead for Morocco to cushion the impact of the coronavirus after head of the government Saad Eddine El Othmani asked public administration...
Morocco braces for a review of budget law
The coronavirus has imposed the need for an amendment of the budget law that will gear focus to education, health, social protection and digital trans...
Humania to invest over $100 Mln in medical care in Morocco & Egypt
Humania, a private healthcare company, has secured a $108.5 million funding from international financial institutions to launch medical care projects ...
Donors at EU-UN virtual conference pledge $7.7B to tackle Syria humanitarian crisis
The European Union and dozens of donor nations have pledged a total of $7.7 billion to help tackle the humanitarian crisis deepening in Syria and neig...
Morocco: Green Technologies Get Over €21 Mln EU Support
The Moroccan businesses interested in adopting green technologies will benefit from a €21.1 million funding, part of a program sponsored by the Europe...