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Category: Business
Michigan Senate adopts resolution for imports of fertilizers from Morocco
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
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
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
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
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
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
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
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
Morocco’s cereals production down 70% in 2022, fresh produce exports up
Morocco expects its cereals output to shrink by 70% to 3.2 million tons due to late and unevenly distributed rainfall, putting a strain on the ... Read More
Morocco’s OCP to set up phosphate fertilizer plant in Brazil
Morocco’s OCP Group is set to open a new phosphate fertilizer manufacturing plant in Brazil, announced Brazil’s Agriculture Minister on Twitter earlier this week. The ... Read More