Business Finance Headlines Morocco

Morocco maintains expansionary budget despite pressure on public finances

Morocco’s public finances are under unprecedented pressure due to imported inflation and its impact on the cost of state subsidies. But despite the impact of geopolitical tensions on the state budget, the government maintains its expansionary budget which has increased funding for social services. Morocco has adopted an ambitious development model to bolster the competitiveness […]

Asia Headlines International Morocco

Speaker of Emirati Parliament Commends Morocco’s King Support to Al Quds Inhabitants

The efforts made by King Mohammed VI, Chairman of the Al-Quds Committee, to confront the attempts to Judaize Al-Quds and alter its civilizational, Islamic and Christian heritage were highlighted during the 33rd emergency conference of the Arab Parliamentary Union (APU) held over the weekend in Cairo. In this vein, Speaker of the UAE National Council […]

Headlines Morocco

Morocco’s migration strategy is neither circumstantial nor opportunistic

Morocco’s migration strategy is neither circumstantial nor opportunistic. Rather, it embodies a natural symbiosis between principles and projections, said Permanent Representative to the UN, Omar Hilale. Addressing the first International Migration Review Forum held in New York this week, the diplomat underlined that the strategy adopted by Morocco on migration is part of the natural […]

Business Europe Finance Headlines International Morocco

French Development Agency supports Morocco’s low carbon transition plan

French Development Agency has pledged to enhance further its partnership with Morocco in its transition to a low-carbon economy based on clean industries in line with the international commitments made by the Kingdom to reduce CO2 emissions responsible for global warming. To help Morocco achieve its decarbonization goals, the French agency chief Rémy Rioux signed […]

Europe Headlines International Morocco

Madrid hosts exhibition on centuries-old relations between Morocco, Spain

Madrid hosts May 25 through October 16 an exhibition celebrating the centuries-old relations between Morocco and Spain and the neighborly ties that have united the two countries throughout history. The exhibition themed “Around the Columns of Hercules” is held under the high patronage of King Mohammed VI and King Felipe VI and is co-organized by […]

Africa Headlines International Morocco

Morocco’s Renaissance of Berkane beats South African Orlando Pirates, wins CAF Cup

Morocco’s Renaissance of Berkane won for the second time in its history the Cup of the African Football Confederation, Friday evening, in Uyo in Nigeria. Renaissance Sportive of Berkane (RSB) beat the South African Orlando Pirates in the final by 5 penalty shots to 4 after a 1-1 draw. Following this victory, King Mohammed VI […]

Business Headlines Morocco

Morocco’s wheat inventories cover 4 months, subsidies to be maintained

Morocco has secured enough wheat stocks to cover four months of its needs as the agriculture ministry launched a tender to build additional stocks. Despite the surge in wheat prices due to the supply disruptions resulting from the Russia-Ukraine war, Morocco maintains its subsidies for soft wheat flour, government spokesman Mustapha Baitas said. The agriculture […]

Business Headlines International Morocco

Evergrowing list of countries seeking Morocco’s phosphates, fertilizers

Amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, and the suspension of traditional supplies from Eastern Europe, many countries have expressed interest in Morocco’s fertilizer products, including Bangladesh, Brazil, Japan, Peru… Bangladesh is planning to import 40,000 tons of DAP (di-ammonium phosphate) fertilizer from Morocco’s phosphates and fertilizers producer, […]

Business Finance Headlines Morocco

Morocco’s counter-smuggling measures generate $400 million in additional customs revenue

The measures taken to end contraband, notably with the two occupied enclaves of Ceuta and Melilla, resulted in additional gains for the customs administration estimated at 4 billion dirhams ($400 million). In its annual report for 2021, the customs administration said Morocco’s crackdown on smuggling was backed by measures to create jobs and curb the […]

Africa Headlines International Morocco

Africities Summit: African Network of Urban Agencies launched at Morocco’s initiative

An African Network of Urban Agencies and similar institutions was launched on Thursday in Kisumu, Kenya, at the initiative of Morocco. The network was launched during the 9th edition of the Africities Summit held this May 17-21. The initiative, crafted in partnership between the Federation of Urban Agencies of Morocco “MAJAL” and the Ministry of […]