Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Aeronautics was the […]
Morocco
Hydrocarbon: ExxoMobil’s ESSO gets two offshore reconnaissance contracts in Morocco
Esso Exploration International Ltd., a subsidiary of U.S. ExxonMobil Corp., signed on Tuesday in Rabat two reconnaissance contracts with Morocco’s National Office of Hydrocarbons (ONHYM). These reconnaissance contracts cover the areas of Safi-Essaouira Offshore and Agadir-Ifni Offshore. The areas are located offshore the cities of Safi, Essaouira, Agadir and Sidi Ifni. The signing of these […]
Morocco, US discuss closer trade ties
An official Moroccan trade delegation held talks in Washington with top officials at the he U.S. Department of Commerce on building on their existing Free Trade Agreement to further boost ties. The Moroccan delegation was led by industry and trade minister Ryad Mezzour, while the US delegation was chaired by the US Assistant Trade Representative […]
UN: New York hosts seminar on autonomy & foreign direct investment promotion
An international research seminar on the theme of “territorial autonomy: the promotion of foreign direct investment”, held in New York Monday provided a platform to compare the Morocco-proposed Autonomy Initiative for the Sahara region with other autonomy experiences in the world, particularly with regard to the promotion of foreign direct investments in the autonomous regions […]
Aeronautics: Airbus acquires Spirit AeroSystems major activities, including Casablanca plant
European aircraft manufacturer, Airbus, has agreed with U.S. supplier “Spirit AeroSystems” to acquire the major activities related to its airbus planes manufacturing in five plants, including the Casablanca site. In a press release issued Monday, Airbus said the $559 million acquisition deal aims to ensure stability of supply for its commercial aircraft programs through a […]
French LR head vows to enhance ties with Morocco
Éric Ciotti, head of French liberal conservative party LR, vowed to work to improve ties between France and Morocco if his coalition wins snap elections. “If we win, we want to restore relations of friendship and trust with the Kingdom of Morocco, which is a great country, a great democracy for which I have a […]
Royal Air Maroc, second best airlines in Africa- Skytrax
Morocco’s flag carrier Royal Air Maroc was ranked the second-best carrier in the African continent, outperformed by Ethiopian Airlines which took the first position for the seventh year in a row. RAM won the title of the best regional airline in Africa, as it continues to expand its fleet, services, and destinations. RAM plans to […]
UN Committee, Bayt Mal Al-Quds Asharif Agency voice shared commitment to support Palestinian cause amidst ongoing regional challenges
The United Nations Committee on the Exercise of the Inalienable Rights of the Palestinian People and Bayt Mal Al-Quds Asharif Agency have voiced their shared commitment to bolster their cooperation to support the Palestinian cause amidst the ongoing regional challenges. This came during a meeting in Jeddah on Monday between Mohamed Salem Cherkaoui, director of […]
Morocco hosts International Coordinating Council of UNESCO’s Man and the Biosphere Program early July
Agadir will host the 36th session of the International Coordinating Council of UNESCO’s Man and the Biosphere Program (ICC-MAB) July 1-5. The Man and the Biosphere (MAB) program is an intergovernmental scientific program that aims to establish a scientific basis for enhancing the relationship between people and their environments. It combines the natural and social […]









