Africa Business Headlines International Morocco

Morocco’s carrier suspends Casablanca-N’Djamena-Nairobi route to focus on profitable itinerary

Morocco’s national flagship carrier Royal Air Maroc (RAM) has suspended its activities on the Casablanca-N’Djamena-Nairobi route with the airline saying it took the decision to re-position itself on markets that are more profitable.   The suspension became effective on March 2. However, RAM head in Kenya, Othman Baba, told HuffPost Maroc that the decision is […]

Europe Finance Headlines International Morocco

EBRD Enhances its Women Business Program in Morocco

The European Bank for Reconstruction & Development (EBRD) announced Wednesday the extension of its program “Women in Business” in Morocco to the region of Tangier, Tétouan-Al Hoceima and Oriental in the north of the country. The region has a high concentration of women-led businesses in the medical, retail and service sectors. The expansion of the […]

Business Europe Headlines International Morocco

Morocco among top five car exporters to Europe

Morocco was among the top five car exporters to Europe in 2018, according to the latest report by the European Automobile Manufacturers Association (ACEA). Morocco ranked fifth, exporting 283,614 units and Moroccan-made cars account for 7.8 percent of all cars exported to the EU, according to ACEA report. Morocco’s car exports to the EU increased […]

Asia Business Headlines International Morocco

Saudia to launch Jeddah-Marrakech route early June

Saudi Arabia’s national flagship carrier Saudia will from June 6 launch a new Jeddah-Marrakech route, its second destination in Morocco. The airline said in a statement it will run three weekly flights, Tuesdays, Thursdays and Saturdays from Jeddah to Marrakech. Passengers will travel onboard a Boeing 787 capable of flying 298 travelers. Saudia currently operates […]

Business Europe Headlines International Morocco

Morocco Informs United Nations of Adoption by EU Council of Fisheries Agreement

Morocco’s permanent representative to the United Nations, Omar Hilale, has informed the UN Secretary-General and the members of the UN Security Council of the adoption on Monday by the European Council of the Sustainable Fisheries Partnership Agreement with Morocco. The Council also adopted the agreement’s related implementation protocol and the exchange of letters accompanying the […]

Business Europe Headlines International Morocco

EU Council of Ministers Adopts Landmark Fisheries Partnership Agreement with Morocco

The Council of Ministers of the European Union adopted on Monday a decision on the conclusion of the Sustainable Fisheries Partnership Agreement between the EU and Morocco, the related implementation protocol and the exchange of letters accompanying the agreement, thereby paving the way for its future implementation. This adoption follows the consent given by the […]

Asia Finance Headlines International Morocco

Marrakech to Host 44th Annual Meeting of Islamic Development Bank

The Islamic Development Bank (IDB) will convene its 44th annual meeting in Marrakech April 3-6 to discuss challenges and explore opportunities facing IsDB Group member countries. The announcement of the venue was made Thursday by Moroccan Minister of Economy & Finance Mohamed Benchaaboun during the Public-Private Partnerships Forum 2019 organized by the IsDB in Rabat. […]

Asia Business Headlines International Morocco

Morocco: Cosumar’s new sugar refinery in Saudi Arabia to start production before end of 2019

Morocco’s first sugar refinery Cosumar confirmed that production in its new refinery in Yanbu, Saudi Arabia, will start by the end of 2019, as planned. The confirmation was made by the firm’s CEO Mohammed Fikrat in a statement to the media Tuesday, in Casablanca. The establishment of the new white sugar refinery, named Durrah sugar […]

Asia Business Headlines International Morocco

Automotive industry: Indian Varroc Lighting Systems Opens Plant in Morocco

Varroc Lighting Systems opened Tuesday a greenfield 17,000-square meter facility in Tangier, Morocco. The facility produces headlamps, rear lamps, and daytime running lamps for current and future customers located in Morocco, Spain, and France. Speaking on this occasion, Moulay Hafid Elalamy, Minister of Industry, Investment, Trade and Digital Economy, said the opening of this plant […]

Algeria Finance Headlines Morocco

Some €2.5 million worth of humanitarian aid disappeared again in Tindouf

The embezzlement of humanitarian assistance is seemingly an enduring phenomenon in the Polisario-run Tindouf camps although the populations sequestrated there are in dire need of this assistance. A new embezzlement scandal broke out Tuesday, when the canary Islands “La Provincia” daily reported the diversion of some €2.5 million of humanitarian aid provided by the international […]