There is a growing international interest and investors’ interest in the Nigeria-Morocco gas pipeline project that will be the world’s longest offshore pipeline to transport gas between the two countries, going through 11 other West African countries. Nigerian Minister of State for Petroleum Resources, Timipre Sylva disclosed that the Organization of Petroleum Exporting Countries (OPEC) […]
Morocco
Morocco, one of quickest responders to Covid-19 Crisis – IMF
Morocco is among the countries that reacted the fastest to the Covid-19 crisis, said Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) in an interview published by French magazine Le Point. The Kingdom has put in place several instruments of support and social protection, targeting mainly […]
Morocco: King congratulates mountain climber Bouchra Baibanou for her latest feat
King Mohammed VI sent a message of congratulations to the Moroccan mountain climber, Bouchra Baibanou, who succeeded in hoisting the Moroccan flag high at the top of Annapurna in the Himalayas. The Sovereign expressed his warm congratulations to Bouchra Baibanou for this achievement, whishing her more success in her brilliant mountaineering journey. The King also […]
World Power-to-X Summit to convene in Marrakech June 22-24
The “World Power-to-X Summit” will be held in Marrakech next June 22 to 24 with focus on innovative strategies in the field of green hydrogen. The Institute for Research in Solar Energy and New Energies (IRESEN) has announced the organization of the “World Power-to-X Summit” from June 22 to 24 in Marrakech, with the aim […]
Spain reiterates commitment to energy cooperation with Morocco
Spain is committed to foster its energy cooperation with Morocco, spokesman for the Spanish government Isabel Rodriguez said, after the start of the reverse flow of gas using the Maghreb-Europe pipeline. Spain had announced few days ago that it will start pumping gas- bought by Morocco in the international LNG market- using the pipeline, much […]
Morocco to raise minimum wage, social benefits for all workers
The Moroccan government, the federation of employers CGEM and main labor unions agreed to raise the minimum wage of workers in the public and private sectors as well as family allowances, in a move that is key to maintaining social peace in the country. The government will raise by nearly 16% the minimum wage in […]
Morocco-Spanish anti-crime cooperation agreement takes effect
The cooperation agreement, signed in February 2019, between Morocco and Spain to fight all forms of crimes and terrorism, has come into force starting this Saturday, April 30, 2022. Under the agreement, the two countries’ authorities will cooperate in combating kidnapping, drugs & human trafficking, illegal immigration, sexual exploitation of children, as well as the […]
Nigeria-Morocco Gas Pipeline: OPEC Fund to contribute $14.3 million to phase II of feasibility study
The OPEC Fund for International Development (OFID) will contribute $14.3 to the funding of the second phase of the Front-End Engineering Study (FEED) of the Nigeria-Morocco Gas Pipeline project. The legal documentation relating to the $14.3 million financing granted by the OPEC Fund to the National Office of Hydrocarbons and Mines (ONHYM) was signed Friday […]
Algeria irked by Spain’s decision to ship gas to Morocco via GME
The Algerian regime has fallen in its own trap when it unilaterally decided to shut down the Maghreb-Europe Gas Pipeline (GME) to cut off the flow of gas to Morocco. However, the GME pipeline is used as of this week to supply Morocco with gas coming from Spain in reverse flow. “Morocco will be able […]
Morocco’s investment potential presented to Swiss economic operators
Morocco’s potential in terms of investment attractiveness and its positioning as a hub towards Africa were under the spotlight during a meeting organized recently at the Chamber of Commerce, Industry and Service of Geneva (CICG), in the presence of an array of economic actors and Swiss business leaders. The meeting “Focus Morocco”, organized by the […]