Business Community Energy Headlines Morocco

Morocco to offer fuel subsidy to professional transporters to cushion price hikes

Morocco plans to re-introduce aid to help professional transporters mitigate the impact of a surge in fuel prices, in a u-turn in its subsidies policy. The decision was taken following a meeting between transport minister Mohamed Abdeljalil, budget minister Faouzi Lekjaa and transport professionals. Fuel is a driver of inflation and any significant surge in […]

Asia Business Headlines International Morocco

Morocco’s RAM, Israeli El Al sign code sharing agreement

Morocco’s flag carrier Royal Air Maroc (RAM) and Israeli carrier El Al signed a code-share agreement in Tel Aviv on Monday. The agreement was signed during a ceremony co-chaired by RAM CEO Hamid Addou and El Al CEO Avigal Soreq, held on the sidelines of RAM’s inaugural flight between Casablanca and Tel Aviv. The code […]

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US unseats Algeria as Spain’s first gas supplier, Nigeria on way to take Algiers’ market share

US has exported more gas to Spain than Algeria so far this year as new players seek a foothold in the Spanish gas market. Spanish authorities have often complained at the insufficient gas flow through the Medgaz pipeline which couldn’t match the amount the Spanish market was receiving through the Maghreb-Europe pipeline that used to […]

Americas Business Headlines International Morocco

Russia-Ukraine war: Morocco to scale up fertilizers exports to Brazil

The Russia-Ukraine war is reshaping the global trade & supply chain as Western nations have imposed severe economic and financial sanctions on Moscow for its invasion of Ukraine. Morocco is the 3rd supplier of fertilizers to Brazil after Russia and Belarus. To avoid a shortage of the nutrients due to the international sanctions and escalating […]

Asia Business Headlines International Maghreb Morocco

Moroccan carrier RAM operates first flight from Casablanca to Tel Aviv

The Moroccan carrier Royal Air Maroc inaugurated, this Sunday, March 13, 2022, the first direct flight of its regular line linking Casablanca to Tel Aviv. To celebrate this event, a Moroccan delegation made up of economic operators and other personalities were aboard the plane of the inaugural trip to take part in a series of […]

Americas Business Headlines International Morocco

U.S. donates Morocco 2 intensive care field hospital systems

The United States government, through AFRICOM, donated two field hospital systems to Morocco’s Ministry of Health at a ceremony held Friday at the Ministry of Health’s logistics depot in Salé. The first system is a five-bed Intensive Care Unit valued at $960,000 and the second system is a mobile emergency room valued at $700,000. These […]

Africa Business Headlines International Maghreb Mauritania Morocco

Mauritania seeks closer economic ties with Morocco

Mauritania and Morocco held their 8th High Joint Commission, during which officials from the two countries voiced strong willingness to unlock bilateral cooperation prospects. The event was co-chaired by the head of the Moroccan government, Aziz Akhannouch, and the Mauritanian Prime Minister, Mohamed Ould Bilal in Rabat Friday. Speaking at the opening of the event, […]

Business Headlines Maghreb Tunisia

Tunisian president blames food shortage on speculators

Tunisians are suffering from a shortage of basic foodstuff which the President ascribed to food profiteering and speculators. In the wake of soaring food prices in international markets, president Kais Saied said in a presidency statement that he was launching a “relentless war on speculators and criminals.” Food speculators could face heavy prison sentences as […]

Asia Business Headlines International Morocco

War in Ukraine will not affect Morocco’s wheat supply

The war in Ukraine will not affect Morocco’s wheat supply but will have an impact on prices, said government spokesman Mustapha Baitas. Morocco has a diversified wheat basket with Russia and Ukraine representing 25% and 11% of Moroccan supplies respectively, he said. Morocco does not import hard wheat from the two Black Sea markets, he […]

Business Headlines Maghreb Mauritania Morocco

Mauritanian PM on a visit to Morocco

Mauritanian Prime Minister Mohamed Ould Bilal started Thursday a working visit to Morocco, during which he will co-chair with the Head of Government, Aziz Akhannouch, the eighth session of the Moroccan-Mauritanian High Joint Commission. The eighth session of the Moroccan-Mauritanian High Joint Commission, to be held Friday, will open new prospects for the consolidation of […]