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Category: Business
Morocco building its own defense industry to reduce dependence on foreign-made weapons
Morocco is busy working to reduce its dependence on foreign-made weapons by developing its own defense industry, said Defenseweb online publication. To reach its strategic ... Read More
Morocco government to expand its budget by $1 bln
The Moroccan government requested the approval of the parliament to increase its budget by an additional $1 billion or 10 billion dirhams to meet rising ... Read More
Egypt inks agreement with GlaxoSmithKline to enhance health in the country
Egypt’s Health ministry and GlaxoSmithKline plc (GSK), a British multinational pharmaceutical and biotechnology company, have signed an agreement to improve health in the Arab country. ... Read More
Anti-money laundering: EC removes Morocco from list of high-risk countries
After leaving the grey list of the Financial Action Task Force (FATF) thanks to its financial transparence, Morocco exits the European Commission’s list of high-risk ... Read More
OCP Group finalizes acquisition of 50% stake in Spanish Globalfeed S.L.
OCP Group, the Moroccan state-owned global phosphate-based plant and animal nutrition solutions provider, and Fertinagro Biotech S.L., a major Spanish fertilizer producer, have finalized the ... Read More
Morocco-Irish Parliamentary Group discusses partnership in renewable energy, tourism & education
Cooperation prospects between Morocco and the Republic of Ireland were at the center of the first meeting of the inter-parliamentary group held Tuesday remotely. The ... Read More
Morocco receives 111k Tons of grains under Black Sea Initiative
Morocco was among the countries that benefited from the resumption of grain shipments from Ukraine receiving so far 111.1K tons of grains, according to UN ... Read More
Morocco, towards an industry with a national capital
Morocco, Africa’s largest industrial powerhouse, is set to further expand the share of the secondary sector in its GDP by focusing on highly technological footprints ... Read More
Air Serbia resumes flight to Cairo after three-year hiatus
Air Serbia, Serbia’s national carrier, resumed last Monday direct flights between Belgrade and Cairo following three years of suspension owing to the COVID-19 pandemic. Egypt’s ... Read More
EBRD Forecasts 3.1 % Growth in Morocco in 2023
Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and ... Read More