Headlines Morocco

Morocco, UK explore investment opportunities in health sector

The health sector in Morocco offers huge opportunities for foreign investors, including from the United Kingdom, participants in a webinar held by the British Chamber of Commerce for Morocco (BritCham) stressed on Thursday. The booming sector of health is favored by the evolution of the regulatory framework, public-private partnerships and the rise of telemedicine, the […]

Headlines Morocco

Morocco’s King, Commander of the Faithful, commemorates Laylat Al Qadr

King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, commemorated on Thursday Laylat Al Qadr, the 26th day of Ramadan. On this religious occasion, the King performed the prayers of Al-Icha and Taraouih. The minister of Endowments and Islamic Affairs proceeded to the closing of “Sahih […]

Headlines Morocco

Morocco-COVID-19: State of health emergency extended until May 31, 2022

The Moroccan Government decided this Thursday at the cabinet’s weekly meeting to extend the state of health emergency until May 31, as part of efforts to stem the spread of the Covid-19 pandemic. The Government Council examined and adopted, this April 28, a draft decree, presented by the Minister of the Interior, extending the state […]

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Morocco, Finland share experience in preventing terrorism, countering extremism

Morocco and Finland shared their experience in preventing and fighting extremism, part of a panel discussion held, on Wednesday in Helsinki, under the theme: “Addressing the experiences of Morocco and Finland in the fight against terrorism.” The event, hosted by Morocco’s embassy in Helsinki, was aimed at exploring the possible interactions between two different approaches […]

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Morocco’s Holmarcom group takes control of Credit du Maroc Bank

Morocco’s Holmarcom group has taken control of Credit du Maroc, a subsidiary of French bank Credit Agricole. Holmarcom has bought all the 78.7% stakes owned by Credit Agricole in its Moroccan branch, in a move to strengthen its foothold in the finance and insurance business. Morocco’s Wafa Assurance and other stakeholders own 10.73% and 10.56% […]

Business Headlines Morocco

Morocco to host world’s largest CO2 capturing farm

Morocco will be home to a 30 hectare-algae farm that is designed to pull out CO2 from the air naturally,  which runs the project said. Brilliant plant has been conducting trials since 2013 in Morocco’s desert using sea water to cultivate algae, a plant with potent capacities to remove carbon from the air naturally. “Following […]

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Morocco attends US-convened Ukraine defense meeting

Morocco was among the 14 non-NATO nations that have attended a meeting convened by the US at the Ramstein US air base in  Germany to discuss defense aid to Ukraine. In addition to Morocco, other Non-NATO countries include Japan, South Korea, Australia, New Zealand, Qatar, Jordan, Kenya, Liberia, Israel, Tunisia, Sweden and Finland. Morocco was […]

Business Energy Headlines Morocco

Morocco: IMF welcomes “targeted measures” seeking to mitigate impact of soaring energy prices

The International Monetary Fund (IMF) on Wednesday hailed the “targeted measures” adopted by Morocco to mitigate the impact of soaring energy prices on economy. “The Moroccan government is today undertaking a set of targeted measures, including support for the transport sector of people and goods to relieve the rise in energy prices on production,” underlined […]

Business Community Headlines Morocco

Air Traffic in Morocco: 2022 under ‘very good auspices’; RAM increases flights for summer season

The year 2022 is under “very good auspices”, as shown by both the air traffic recorded since the recovery and the traffic expected for the coming months, according to the National Office of Airports (ONDA). Compared to 2019, the average recovery rate forecast of passenger traffic in Morocco’s airports is about 75%, the ONDA pointed […]

Headlines Morocco

Youth Integration: Joint Action Plan between Ministry of Youth and UN Agencies in Morocco

A joint action plan meant to support the integration of youth in the economic and entrepreneurial fabric was signed Tuesday in Rabat between the Ministry of Youth, Culture & Communication and the UN agencies in Morocco. The plan seeks to promote multilateral cooperation between the two parties, as one of the major directions of the […]