Category: Business

GMD Métal Group opens new unit in Tangier

October 8, 2022

GMD Métal Tanger, a subsidiary of GMD Group, a leader in the field of subcontracting for the automotive sector, has inaugurated a new unit in ... Read More

Motherson inaugurates new interior modules plant in Morocco

October 7, 2022

Motherson has inaugurated a new facility in Tanger Med Industrial Platform, Morocco, replacing the existing Tétouan site, which was established in 2010. According to a ... Read More

African tourism potential to be unlocked by boosting air connectivity

October 7, 2022

While effective air connectivity within Africa is key to unlocking the potentials of tourism on the continent, unfavorable visa regimes, insecurity, high cost of air ... Read More

MENA Region: Economies expected to grow by 5.5% in 2022 – World Bank

October 7, 2022

The economies of the Middle East and North Africa (MENA) region are expected to grow by 5.5% this year —the fastest rate since 2016—followed by ... Read More

Morocco, Saudi Arabia sign air transport agreement

October 7, 2022

Morocco and Saudi Arabia have signed a bilateral agreement in the field of air transport on the sidelines of the 41st session of the Assembly ... Read More

Afreximbank approves $200 million for Uganda crude pipeline as NGOs denounce the project

October 6, 2022

Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda's crude, while a report released by two environmental NGOs has ... Read More

S&P Global Ratings maintains Morocco’s rating at BB+, says economic outlook remains stable

October 5, 2022

S&P Global Ratings maintained Morocco’s rating unchanged at BB+ for the second year, citing the country’s strong sovereign credit, and projected that Moroccan economy will ... Read More

Morocco: Ten licenses awarded for medical, industrial & cosmetic use of cannabis

October 5, 2022

Ten licenses have been issued in Morocco for the processing, marketing and exporting of cannabis and its by-products destined for medical, cosmetic and industrial use. ... Read More

Morocco & Saudi Arabia want to foster further economic partnership

October 4, 2022

Morocco and Saudi Arabia are looking into ways of stepping up economic partnership and trade exchanges in a bid to match the excellent relationship existing ... Read More

Energy, commodities imports deepen Morocco’s trade deficit

October 3, 2022

Morocco’s trade deficit deepened 56% to 215 billion dirhams ($20 billion) up to August amid soaring prices of refined energy products, wheat and ammonia in ... Read More