Tunisia has officially asked the IMF for a new program to back up the economic reforms to alleviate the strain on public finances. The Tunisian government agreed an economic reform package with powerful labor union UGTT at the end of last month that tackles subsidies, taxes and state firms, and which was seen as opening […]
Business
World’s longest subsea cable will connect Morocco to UK grid
UK-based Xlinks company is planning to build 10.5 GW of wind and solar complex in Morocco and sell the generated power in the UK through a 3,800 km submarine cable, the longest subsea power transmission link in the world. The ambitious project, to cost about £18 billion, has been unveiled by the company’s CEO, Simon […]
Italy to build Libya’s largest highway linking many countries
Italian companies will build Libya’s largest highway that will link both countries going through Tunisia and Egypt, Rome has said. Italian companies are about to restart construction work on Libya’s largest highway, which runs from the Tunisian border to the Egyptian border, Luigi Di Maio, the Italian top diplomat reportedly told local radio Confapi. The […]
Morocco seeks to tap into planes’ storage & recycling business
Morocco is planning to set up an aircraft boneyard near the Oujda Angad airport, oriental region of the Kingdom. This project has been unveiled by Morocco’s National Airports Office (ONDA) which has called for international tenders to build and operate a centre for the storage, disassembly and recycling of retired airplanes. In its first phase, […]
Israel’s Mehadrin partners with Moroccan agribusiness to produce & export avocados output
Mehadrin, Israel’s largest grower and exporter of citrus fruits and vegetables, has partnered with a Moroccan agribusiness to produce and export avocados, according to Israeli business newspaper Globes which reported the deal. The two parties, which had already collaborated in the past, have set up a joint venture to spearhead this ambitious project. Mehadrin will […]
Israeli tour operators explore business opportunities in Morocco
A group of leading Israeli tour operators are exploring opportunities to kick off Israeli tourism in Morocco after the two countries resumed diplomatic ties last December, head of Israeli mission in Morocco David Govrin said. “This visit is part of preparations to launch direct flights between the two countries and the prospection of tourist attractions […]
Alleged rape victim denounces patriarchy of some Moroccan rights activists, hypocrisy of French media
Journalist Hafsa Boutahar who has accused her colleague Omar Radi of rape has seen her rights denied and deplored the double standards shown by patriarchal rights activists in Morocco and abroad as well as the biased solidarity with the man whom she said has assaulted her. Moroccan rights NGOs, particularly AMDH, and French media have […]
AfDB supports modernization of Morocco’s railways with €300 million
The African Development Bank (AfDB) has earmarked €300 million for the Moroccan Railways Office (ONCF), that financed the project meant to increase the capacity of the Tangier-Marrakech railways axis, said the AfDB in a press release. Thanks to this financing coupled with technical assistance, the AfDB supports the modernization of the railways sector in Morocco […]
Logistics: Dachser enhances presence in Morocco to meet growing demand
The Dachser group, which provides transport, warehousing and other services, has opened earlier this April a new warehouse in Morocco’s Tanger-Med port complex, the leading container port in the Mediterranean region and Africa. The global logistics leader has decided to expand its network in Morocco due to a growing demand among its customers. The […]
Morocco: Government mulls aid for most hit sectors by night curfew
The Moroccan government is mulling measures to help the businesses that are most affected by the night curfew, notably during the holy month of Ramadan where many workers gain revenue only after sunset, Industry and Trade Minister said. Cafes, restaurants, traditional tailors and taxi drivers and other jobs in the informal sector have all seen […]