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Category: Business
Polish LUG Group opens branch in Laayoune
The Polish LUG group, one of the leading European manufacturers of professional lighting solutions, inaugurated this Monday in Laayoune, its Moroccan branch dubbed "LUG Maroc". ... Read More
Moroccan economy shakes off Covid impact, IMF says
Morocco’s economic activity has recovered most of the ground lost during the severe global recession of 2020 with a growth rate of 6.3% last year ... Read More
Morocco’s Central Bank gearing up digital currency
As many Western societies are going paperless and cashless, several central banks across the world started testing digital money to assess the risks and benefits ... Read More
EU to invest €1.6 billion in Morocco as part of its Global Gateway strategy
The European Union will invest €1.6 billion in Morocco to promote the green and digital transition. This investment is part of the new European strategy, ... Read More
TICAD8 scheduled in Tunisia next August 27-28 – Japan’s Foreign Ministry
The Eighth Tokyo International Conference on African Development (TICAD8) is due next August 27-28 in Tunisia, announced the Japanese Foreign ministry in a press release. ... Read More
Morocco tops African peers in Agility Emerging Markets Logistics Index
Morocco outperformed other emerging African markets in terms of logistics and supply chains in the annual Agility Emerging Markets Logistics Index. The Index ranks countries ... Read More
Drought haunts Morocco’s crop year
Late rainfall is auguring ill for this year’s crop year in Morocco amid a depletion of water dam filling rate to worrying levels. Last year ... Read More
Air pollution costs MENA region $141 billion annually, WB warns
The Middle East and North Africa region (MENA) suffers from excessive air pollution whose cost amounts to $141 billion annually, or around 2% of GDP, ... Read More
Morocco-OIC trade exceeded $9Bln in 2020
Trade between Morocco and its partners among the member states of the Organization of Islamic Cooperation (OIC) reached more than $9 billion in 2020, an ... Read More
Egypt seeks another ITFC financing for MSMEs
Egypt is seeking another financial support from the International Islamic Trade Finance Corporation (ITFC) to back micro-, small-, and medium-sized enterprises (MSMEs) after the country ... Read More