Category: Business

World Bank: $350 Mln loan to support blue economy

May 25, 2022

The World Bank has agreed to provide Morocco a $350 million loan to support its Blue Economy program which will help create job opportunities, support ... Read More

Moroccan tech start-ups meet Israeli peers in Casablanca

May 24, 2022

Representatives from 25 Israeli start-ups are building bridges in Casablanca with their Moroccan peers at an event in Casablanca that received endorsement from the governments ... Read More

AfDB releases $1.5 billion to avert food crisis in Africa

May 24, 2022

The African Development Bank (AfDB) has released a global aid package of $1.5 billion to prevent a food crisis on the African continent due to ... Read More

Combatting Tax Evasion: Switzerland set to include Morocco in its list of partner countries

May 24, 2022

The Swiss Federal Council is planning to add Morocco to its new list of partner countries in the fight against illicit financial flows and cross-border ... Read More

Morocco maintains expansionary budget despite pressure on public finances

May 23, 2022

Morocco’s public finances are under unprecedented pressure due to imported inflation and its impact on the cost of state subsidies. But despite the impact of ... Read More

Libyan military signs deal with Turkey for purchase of modern training aircraft

May 23, 2022

The Libyan army, backed by Tripoli government, has inked a deal with Turkey’s aerospace company (TUSAŞ) for the acquisition of several modern training aircraft of ... Read More

French Development Agency supports Morocco’s low carbon transition plan

May 22, 2022

French Development Agency has pledged to enhance further its partnership with Morocco in its transition to a low-carbon economy based on clean industries in line ... Read More

Morocco’s wheat inventories cover 4 months, subsidies to be maintained

May 21, 2022

Morocco has secured enough wheat stocks to cover four months of its needs as the agriculture ministry launched a tender to build additional stocks. Despite ... Read More

Evergrowing list of countries seeking Morocco’s phosphates, fertilizers

May 20, 2022

Amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, and the suspension of traditional supplies from Eastern Europe, many countries ... Read More

Morocco’s counter-smuggling measures generate $400 million in additional customs revenue

May 20, 2022

The measures taken to end contraband, notably with the two occupied enclaves of Ceuta and Melilla, resulted in additional gains for the customs administration estimated ... Read More