Business Headlines Morocco

Danone Sales Grow Offsetting Boycott in Morocco

French dairy company Danone announced that sales will grow by 3.3% this year despite a consumer boycott has slashed the company’s profits in Morocco. The company was able to offset setbacks in Morocco and Brazil as sales were mainly driven by Chinese consumers who snapped up more infant formula while dairy sales picked up in […]

Europe Headlines International Morocco

Morocco-EU Fisheries Agreement: Polisario’s Complaint Rejected by EU Court

The Algeria-backed Polisario has suffered a new defeat in the European Union Court of Justice. A ruling of the court, rendered on July 19, has rejected an appeal lodged by the separatist front in 2014 against the Morocco-EU fisheries agreement and slammed it as ineligible to lodge such an appeal. After the Court’s rulings issued […]

Americas Business Headlines International Morocco

Morocco Emerges as Manufacturing & Export Base- US Dept of State Report

Morocco enjoys political stability and has a forward-looking economic strategy that enabled it to emerge as a regional manufacturing and export base for international companies, said the US State Department in new report on the climate of investment across the globe. “Morocco enjoys political stability, robust infrastructure, and a strategic location, which are helping it […]

Headlines Morocco

Morocco Steps Up Efforts to Counter Human Trafficking

An inter-ministerial commission was created in Morocco to prevent and combat human trafficking in implementation of a law in this regards. The commission, attached to the head of government’s office, includes members from the judiciary and from the ministries of human rights, the interior and foreign affairs. The commission will meet once a year to […]

Headlines Morocco

Good Crop Year Boosts Morocco’s Economic Prospects for 2018

Morocco expects its GDP to grow by 3.6 percent this year as the crop year augurs well with an exceptional yield of 103 million quintals. Abundant though late rainfall starting in December ushered a good crop year with the breakdown in cereals varieties of 49.1 million quintals for soft wheat, 24.5 quintals of hard wheat […]

Americas Headlines International Morocco

Rabat & Washington Look Forward to Reinforcing their Military Cooperation

Morocco and the United States, two friends and allies for centuries, have reaffirmed their strong determination to enhance further their military cooperation to defend their common regional and global geostrategic interests. At a meeting held Tuesday in Rabat, Abdeltif Loudyi, Minister Delegate for National Defense and Robert S. Karem, US Assistant Secretary of Defense for […]

Africa Headlines International Morocco

Morocco to Host Pan-African Games in 2019

Morocco will organize the 12th edition of the all-Africa games, a multi-sports pan-African event hosted every four years. Morocco will host the event upon a request from the African Union (AU) and Equatorial Guinea’s National Olympic Committee (CNO) after the withdrawal of Equatorial Guinea, Morocco’s sports and youth ministry said in a statement. The AU […]

Business Europe Headlines International Morocco

New Morocco-EU Fisheries Agreement Initialed in Rabat

Morocco and the European Union (EU) initialed this Tuesday (July 24) in Rabat a new fisheries agreement marking the end of three months of negotiations. The four-year agreement will enter into force after ratification by the European and Moroccan parliaments. Through this new fisheries agreement, the European Union has just confirmed that partnership with Morocco […]

Africa Business Headlines International Morocco

Moroccan Companies ‘Thrive’ in West Africa- The Economist says

Moroccan companies have been thriving in West Africa where the country geared diplomatic and economic effort, wrote the Economist in an article examining Morocco’s charm offensive with its southern neighbors. The article considers that Morocco’s dynamic private sector and leadership are looking at Sub-Saharan Africa as a land of opportunity compared to the immobilism plaguing […]