Category: Business

Italy backs Tunisia’s agriculture sector with €200m; FAO launches new Biorest project

May 20, 2022

Italy has allocated €200 million to Tunisia in the form of loan and grant to support the North African country’s agriculture sector. The head of ... Read More

Washington to reduce economic assistance to Tunisia over democracy deficit

May 19, 2022

Washington will slash its economic assistance to Tunisia next year over the authoritarian path taken by authorities, said Samantha Power, the Administrator of the United ... Read More

Michigan Senate adopts resolution for imports of fertilizers from Morocco

May 19, 2022

The Michigan Senate has adopted a resolution urging Congress to pass legislation that would allow farmers, along with trade associations representing farmers, to import fertilizers ... Read More

Oracle opens new R&D lab in Morocco, its first in Africa

May 18, 2022

The American giant of database management systems, Oracle Corporation, has announced the opening of a new branch of Oracle Labs, the company’s advanced research arm, ... Read More

Japan turns to Morocco for its food security

May 18, 2022

Japan is looking to Morocco to foster its food security in a global context marked by a surge in prices of soil nutrients on the ... Read More

End of Covid tunnel for Morocco’s tourism sector

May 18, 2022

Morocco’s tourism businesses started to breathe a sigh of relief as the battered sector showed first signs of recovery from the fallout of the pandemic. ... Read More

OCP reports $2.67 Bln earnings in 1st Quarter 2022

May 18, 2022

The revenues of the Moroccan state-owned phosphate group OCP reached $2.67 billion in the first quarter of 2022, up from $1.59 billion reported the same ... Read More

EBRD Lends Attijari Bank Tunisia $1.6 million to Support Pharmaceutical Firm

May 18, 2022

The European Bank for Reconstruction and Development (EBRD) extends Attijari bank Tunisia a $1.6 million loan to enable pharmaceutical company Teriak enhance productivity and improve ... Read More

Morocco-Germany: Shared resolve to upgrade economic, financial Cooperation

May 17, 2022

Morocco and Germany have underlined the strength of their partnership and commended the quality and density of financial and technical cooperation between the two countries, ... Read More

World Bank: Remittances to Morocco surge 40 % in 2021

May 17, 2022

Remittance flows to Morocco increased by 40 pc in 2021, reaching $10.4 billion, says the World Bank in its latest “Migration & Development Brief”. With ... Read More