Business Headlines Morocco

Morocco: Merger between Atlanta and Sanad insurance companies takes hold

The merger between Atlanta Assurances and its subsidiary Sanad Assurances took effect Monday as both firms held a joint board meeting. Groupe Holmarcom, owner of the two firms, in a statement said Atlanta will engulf Sanad in a move that will enable the insurance service company to bolster its positioning in the insurance industry in […]

Algeria Headlines Morocco

Sahara: Polisario malicious propaganda & ploys against Morocco doomed to failure

Sensing their end is approaching after suffering successive international diplomatic setbacks in the Sahara issue and running out of excuses for failing to end the scathing living conditions of the sequestered Sahrawis in the Tindouf camps, the Polisario leaders are pulling their last rabbits from their hat hoping to continue their pointless show. In a […]

Business Headlines Maghreb Morocco

Morocco’s phosphates exports resilient to Covid-19

Despite an overall drop in exports up to April by 20%, Morocco’s exports of phosphates in particular maintained same level in the first quarter this year compared with the same period last year signaling the strategic importance of fertilizers to global food security. The state-owned OCP, one of the world’s biggest exporters of phosphates and […]

Headlines Morocco

Morocco starts using coronavirus contact tracing app

Morocco launched an app that helps users detect covid-19 exposure and informs them when they get in contact with a positive case. The optional app was launched by the health and interior ministries in cooperation with other telecom agencies in the country to help monitor and avert the spread of the disease. The app, dubbed […]

Business Headlines Morocco

Morocco’s trade deficit drops by 1.9% at the end of April 2020

Morocco’s trade deficit has shrunk by 1.9% to almost 66.25 billion dirhams ($6.9 billion) in the first four months of the current year, according to the Exchange Office. Morocco witnessed a 19.7% drop in exports between January and April of this year, representing a loss of 20 billion DH ($2 billion), according to the Exchange […]

Algeria Headlines Morocco

Morocco denies establishment of military base near Algerian border

Morocco’s army has denied claims it is building a military base near its eastern border with Algeria, saying it is only planning the building of a military barracks. “The Royal Armed Forces, as part of a global relocation project of military barracks with the aim of liberating urban land, across the kingdom, is building a […]

Headlines Maghreb Morocco

COVID-19: Morocco buys 2 million rapid test kits

Morocco has bought 2 million rapid test kits for 212 million dirhams (21.2 million dollars), the health ministry said. The test meets the technical criteria and matches Moroccan laboratories equipments which will cut additional costs, the ministry said. This comes as Morocco raised significantly its testing capacity to 10,000 daily with over 200,000 tests carried […]

Editorials Headlines Morocco Opinions

Passing away of Youssoufi, Morocco mourns an exceptional leader

Morocco has just lost an illustrious leader who left a lasting stamp in Morocco’s contemporary history as a statesman trusted by two kings who enjoys the respect of the Moroccan people and the political class as a statesman devoted to serving the fatherland both in office and in the opposition. His death came at a […]

Europe Finance Headlines International Morocco

Morocco supports EU Coronavirus Global Response with €3 million

Morocco, which is one of the 15 partner countries from outside the EU of the Coronavirus Global Response campaign launched by the European Commission, has expressed full support for this global action for universal access to affordable coronavirus vaccination, treatment and testing, and made a contribution of €3 million. President of the European Commission Ursula […]