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