Category: Business

Agadir first Moroccan commune to issue bond

October 26, 2022

The city of Agadir has made a successful issuance of Morocco’s first municipal bond of 1 billion dirhams to fund its development plan. The dirham-denominated ... Read More

European Commission supports Morocco’s ecological & inclusive agriculture with €115 Mln

October 26, 2022

The European Commission adopted on Tuesday a new program worth €115 million to support Morocco’s ecological, inclusive and innovative farming. Dubbed “Terre Verte”, the program ... Read More

Egypt, IMF to resume negotiations over new program in November

October 25, 2022

A delegation of the International Monetary Fund (IMF) will visit Egypt in the first week of November to resume talks over a new loan agreement. ... Read More

AfCFTA needs seamless movement of people and nexus with industrialization

October 25, 2022

Africa Continental Free Trade Area (AfCFTA) can only be successful if there is seamless movement of people, goods and services and a reinforced nexus with ... Read More

Morocco turns to taxes to cut deficit

October 24, 2022

Morocco plans to increase the budget for health, education and social safety nets next year but expects the budget deficit to be reduced thanks to ... Read More

Cairo-based Hassan Allam Holding mulls plans to invest $150m in Morocco

October 24, 2022

Egypt's leading engineering, construction and infrastructure company, Hassan Allam Holding, is considering investing up to $150 million in renewable energy and seawater desalination, in Morocco, ... Read More

UN ‘urgently’ needs $13 million for Palestinian refugees in Lebanon

October 23, 2022

The United Nations agency for Palestinian refugees (UNRWA) appealed Friday for $13 million in funding to support Palestinians in Lebanon, as the country reels from ... Read More

Spanish low-cost Vueling airline to connect Bilbao & Marrakech

October 22, 2022

The low-cost Spanish airline Vueling announced on Friday the launch next March of a new connection between the cities of Bilbao and Marrakech. The new ... Read More

Morocco & Israel to step up cooperation in smart & green farming

October 21, 2022

Moroccan national institute of agronomy and Israel’s Volcani center of agricultural research have agreed to enhance cooperation, exchange experiences and know-how in farming and agricultural ... Read More

Morocco Donates 25K Tons of Fertilizer for Senegalese Small Farmers

October 21, 2022

Morocco’s OCP has donated Senegal 25,000 tons of phosphate products for the benefit of Senegalese small farmers. The products were handed over, Thursday in Diamniadio, ... Read More