Business Emerging Markets Headlines Morocco

Moroccan Fruits and vegetables producers blame high prices on production costs

The association of Moroccan fruits and vegetables producers (APEFEL) said the high prices in the Moroccan market were due to higher production costs notably those of fertilizers and pesticides. Speaking to MPs, APEFEL representatives said ammonia and phosphates-based fertilizers saw prices rise 466% and 61% respectively, which was in turn repercussed on consumer prices. This […]

Emerging Markets Europe Headlines International Morocco

UK MP commends Moroccan King’s vision for stability & democracy

Chairperson of UK-Morocco Parliamentary Friendship Group Heather Wheeler has commended King Mohammed VI’s vision for strengthening stability, democracy and building a strong inclusive economy. This Royal vision will make Morocco UK’s “strategic partner in Africa,” said on Tuesday in Rabat the Conservative MP following her meeting with Moroccan Foreign minister Nasser Bourita. She also praised […]

Emerging Markets Finance Headlines Morocco

Morocco to treat IMF credit line as precautionary

Morocco will continue to consider the IMF flexible credit line of $5 billion as precautionary and would only draw on it in case of external shocks like the Covid-19 pandemic, Morocco’s finance ministry said. The credit line is only granted to countries with sound macroeconomic and financial fundamentals and would add to Morocco’s credibility in […]

Americas Business Headlines International Morocco

Morocco imports Brazilian beef cattle to reduce meat prices at home

Morocco is importing Brazilian beef cattle in a bid to protect its own livestock hit by consecutive droughts and reduce meat prices at home amid soaring inflation. Morocco has already received thousands of cattle from Brazil as part of a plan to buy 20,000 beef cattle over the next six months, including 3000 from Spain […]

Headlines Morocco

Morocco: King inaugurates New Proximity Medical Center in Casablanca

King Mohammed VI on Monday inaugurated a Proximity Medical Center in the new city of Errahma in Casablanca, which required an overall investment of 73 million dirhams. The Sovereign visited, on this occasion, the various wings of this project established by the Mohammed V Foundation for Solidarity. The Project translates the king’s commitment to improve […]

Americas Columns Headlines International Maghreb Morocco Opinions

CIA Declassified Memo Confirms Moroccanness of Eastern Sahara

A declassified U.S. intelligence document recognizes the Moroccan sovereignty over the Eastern Sahara stretching from Hassi Beida (Bechar province) down to Tinjoub town (southern Mhamid Ghizlane) and holds France, the former colonial power, responsible for the territorial dispute between Morocco and Algeria. The Memo declassified by the Central Intelligence Agency in 2004 strengthens Morocco’s legal […]

Americas Business Emerging Markets Headlines International Morocco

American CVG to open plant in Morocco, gateway for European market

Morocco has attracted a new American investor, CVG, a global supplier of electrical systems, which will open a facility in Tangier in the third quarter of 2023. In a recent press release, the U.S. group said it will also open another facility in Aldama, Mexico. Both locations are expected to employ approximately 1,000 new employees […]

Asia Headlines International Maghreb Morocco

Defense channel brings new proof of collusion between Algeria-backed Polisario and Hezbollah

Another proof of the dangerous collusion between the Algeria-backed Polisario and Hezbollah, close to Iran, has just been unveiled by the Defense Channel of the i24NEWS news outlet, which pointed out that “if Europeans do not become aware of this problem today, tomorrow, it will already be too late.” An exclusive report by the Defense […]

Asia International Morocco

OIC reaffirms role of Al-Quds Committee in facing up dangerous Israeli policies

The Executive Committee of the Organization of Islamic Cooperation (OIC) reaffirmed the importance of the role of the Al-Quds Committee, chaired by King Mohammed VI, in facing up the dangerous policies implemented by the Israeli occupation authorities in Al-Quds Asharif. This came in the final statement issued following the extraordinary open-ended meeting of the Organization’s […]

Emerging Markets Headlines Morocco

Morocco, WHO sign 2023-2027 cooperation strategy

Morocco and the World Health Organization (WHO) sealed a cooperation strategy for the period 2023-2027. This strategy outlines the directions of WHO’s technical support in strengthening the health sector in Morocco, and consolidating bilateral collaboration to improve the health and well-being of Moroccan citizens. The strategy, developed by WHO and the Ministry of Health and […]