Headlines Morocco

Morocco’s King offers condolences to Sovereign of Bahrain over soldiers’ death

Mohammed VI has sent a message of condolences and sympathy to the King Hamad Ben Issa Al Khalifa of Bahrain, following the death of two Bahraini soldiers while they were fulfilling their Arab solidarity duty in defending the sovereignty of Yemen. In this message, the Sovereign expressed to the King of Bahrain, and through him […]

Emerging Markets Europe Finance Headlines International Morocco

EBRD supports Morocco’s pharmaceutical industry with €34.5 Mln funding

The European Bank for Reconstruction & Development (EBRD) announced on Monday a €34.5 million loan to Dislog Group, a leading manufacturer and distributor of hygiene & pharmaceutical products. The funding consists of two tranches. €24.5 million will be used by Dislog to acquire Steripharma, a local pharmaceuticals manufacturer that provides affordable specialty generics medicines to […]

Business Emerging Markets Headlines Maghreb Morocco Technology

Forbes highlights Morocco’s game-changing weaponry

Morocco has acquired high-tech armament that would give it the upper hand in symmetrical or asymmetrical potential regional conflicts, said Forbes. Morocco reinforced its arsenal with game-changing air systems and weapons made by Israel and Turkey that helped Azerbaijan make inroads in the Nagorno Karabath war, wrote Paul Iddon on Forbes. After highlighting the efficiency […]

Asia Business Energy Headlines International Morocco

South Korean LG Chem teams up with China’sxHuayou Group to build 2 plants in Morocco

South Korean LG Chem announced Sunday that in partnership with China’s Huayou Group it will establish two factories in Morocco for the production of lithium-phosphate-iron (LFP) cathode materials and lithium conversion, essential components in the manufacturing of batteries for electric vehicles. LG Chem and Huayou Group signed a comprehensive memorandum of understanding (MOU) on September […]

Community Headlines Morocco

High Atlas earthquake damaged villages home to 2.8 million people

The earthquake that struck Morocco on September 8 damaged 2930 villages home to 2.8 million people, Minister in charge of the budget Fouzi Lekjaa said. In total, the 7 magnitude earthquake damaged 59,674 dwellings, including 32% that were totally destroyed, Lekjaa told MPs. Morocco had announced a reconstruction plan worth $12 billion (120 billion dirhams) […]

Africa Emerging Markets Headlines International Morocco

Morocco leader in electronic security in Africa – Global Digital Quality of Life Index

Morocco ranks first in Africa in matters of electronic security, as revealed in the 2023 edition of the global Digital Quality of Life Index, established by Surf Shark, a security company based in Amsterdam. The Kingdom has also advanced two spots globally compared to the previous ranking. According to the authors of the DQL Index, […]

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Moroccan University Wins 5 Gold Medals at IWA 2023

The Mohammed V University of Rabat won five gold medals and 13 innovation masters at the World Creativity & Innovation Week “IWA 2023”, held online last week in Las Vegas. The awards were presented to Professor Hassan Ammor, director of the Mohammadia School of Engineering (EMI) and his team, made up of Samiya Qanoune, Zakaria […]

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Morocco/Earthquake: Emergency aid to be disbursed to affected families by End of September

Junior Budget Minister, Fouzi Lekjaa, announced that the emergency aid to the families affected by Al Haouz earthquake will be paid by the end of September. An agreement on extending the aid to the targeted population was signed between the ministerial departments concerned and la Caisse de Dépôt et de Gestion (CDG), said Lekjaa who […]

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Morocco-Germany: Seminar on cooperation development held in Berlin

The development of Moroccan-German cooperation was the focus of a seminar held in Berlin on Friday by the German-Moroccan Skills Network “DMK”. The meeting, placed under the theme “Strategic dialogue to promote development cooperation”, was held as part of the commemoration of the 60th anniversary of the signing of the cooperation agreement between Morocco and […]

Europe Finance Headlines International Morocco

Earthquake: Germany ready to support Morocco’s reconstruction efforts

The German Federal government has voiced readiness to support Morocco’s reconstruction of the Atlas Mountain villages destroyed by the devastating earthquake that hit the country on Sept.08. The supportive stand was expressed Thursday by German State Secretary Jochen Flasbarth in a tweet posted following his meeting in Rabat with Moroccan foreign minister Nasser Bourita He […]