Category: Business

Outsourcing: Four international operators to develop their activities in Morocco, creating over 5,000 jobs

April 20, 2022

Morocco is set to invest MAD 65 million ($5 million) in the outsourcing sector with the aim of creating over 5,000 new jobs by 2026 ... Read More

Morocco-Saudi Arabia: Towards the creation of an integrated industrial system

April 19, 2022

Morocco and Saudi Arabia agreed on Monday to draw a roadmap for the creation of an integrated industrial system to increase investment opportunities and promote ... Read More

Morocco’s 2022 growth forecast drops to 1.7%- government

April 18, 2022

Morocco’s economic outlook has worsened due to drought and external shocks, notably imported inflation, with growth prospects seen at between 1.5% and 1.7%, head of ... Read More

Morocco set to become regional air defense industry hub

April 18, 2022

Three aerospace companies, Sabca Maroc, Belgium’s Sabena- an offshore of Blueberry Group- and the US Lockhead Martin will open the first maintenance plant dedicated to ... Read More

New consecration for the Attijariwafa bank group in New York

April 15, 2022

Attijariwafa bank won the award of “Best bank in Morocco for the year 2022” during the “World Best Banks Awards” trophy ceremony organized by the ... Read More

Morocco: World Bank anticipates growth of 1.1% in 2022 & 4.3% in 2023

April 15, 2022

Moroccan economic growth is expected to reach 1.1 pc this year before rebounding to 3.4 pc in 2023, says the World Bank in its latest ... Read More

NOC transfers $8bn to GNU administration

April 15, 2022

Libya’s National Oil Corporation has transferred $8 billion to the count of the Finance Ministry of the Government of National Unity (GNU) of Prime Minister ... Read More

Morocco’s electricity utility kept bills stable despite surge in energy cost

April 15, 2022

Morocco’s electricity utility ONEE said it expects the cost of buying energy to more than double to 47.7 billion dirhams this year, from 22 billion ... Read More

Morocco, EU pool efforts to boost aquaculture

April 14, 2022

A twinning project between Morocco and the European Union (EU) was launched on Wednesday in Rabat, with a view to strengthening the aquaculture sector in ... Read More

Morocco’s subsidies spending spikes to $1 bln so far this year

April 14, 2022

Morocco’s spending on cooking gas, sugar and flour subsidies hit 10 billion dirhams ($1 bln) so far this year, compared with 3.8 billion dirhams the ... Read More