Asia Business Headlines International Morocco

Rabat & Amman Set up Business Council to Bolster Economic Partnership

Moroccan and Jordanian business communities have decided to set up a joint council to boost economic and commercial cooperation between the two countries. The agreement was sealed lately in Amman between Morocco’s Employers Union (CGEM) and Jordanian businessmen Association (JBA), on the sidelines of the Morocco-Jordan Investment Forum. The two sides agreed to exchange data […]

Headlines Mauritania Morocco

Local Governance: Morocco Shares its Experience with Mauritania

Morocco and Mauritania have agreed to strengthen their cooperation in local and regional governance for a better, accountable, transparent and efficient administration. An agreement to this end was inked on Monday in Nouakchott on the sidelines of a symposium organized under the theme “The regions Governance in Mauritania & Morocco”. The two sides pledged to […]

Asia Business Headlines International Morocco

Morocco Loses up to $2 Billion in Trade Imbalance with Turkey

Morocco’s trade minister Moulay Hafid Elalamy reiterated the need for a review of the trade agreement with Turkey whose imbalances cost Morocco $2 billion annually. Speaking to MPs, Elalamy said that Morocco may scrap the deal if no agreement is reached to redress the dysfunctions. While praising the benefits of the free trade deals signed […]

Africa Headlines International Maghreb Morocco

Gabon on way to open consulate in Morocco’s Sahara

On the footsteps of Comoros and Gambia, Gabon is the next African state to take its support for Morocco’s territorial integrity to the level of opening a consular representation in the Sahara region. Moroccan news portal le360.ma relayed the news, which may further irk the Algerian regime and its puppet the Polisario militia who have […]

Finance Headlines Morocco

Morocco’s Economy to Grow 3.5% in 2020 after 2.3% in 2019

Morocco’s economy is seen growing to 3.5% in 2020 amid prospects of an average crop year, the high commission for planning said in its recent forecast. Affected by lower cereals production, economic growth shrunk to 2.3% in 2019, the agency said, while calling for gearing investments to productive sectors. A committee is currently holding consultations […]

Business Headlines Maghreb Morocco

Morocco to Build 2nd Desalination Plant in Laayoune

Morocco will build a second desalination plant in its Saharan city of Laayoune to meet the water needs of the local inhabitants over the ten coming years. The 600 L/s plant will be operation before end of 2021, announced lately Abderrahim Hafidi, Head of Morocco’s state-owned electricity & water facility (ONEEP) during the meeting of […]

Asia Business Headlines International Maghreb Morocco

Morocco: RAM to Inaugurate First Beijing Direct Flight Thursday

Morocco’s national carrier Royal Air Maroc, RAM, will launch Thursday, Jan. 16, its first direct flight from Casablanca to Beijing, China. The route will be served by B787-9 Dreamliner, of 302 seats including 26 in business class. The flight to depart from the Mohammed V airport in Casablanca will take 13 hours to reach the […]

Finance Headlines Maghreb Morocco

King Mohammed VI Launches 115.4 Billion Dirham Program to Secure Water Supply up to 2027

King Mohammed VI chaired the signing ceremony of a deal outlining different measures to guarantee regular water supply in the country over the next eight years for a total cost of 115.4 billion dirhams (€10.8 billion). The King was briefed on this occasion on the salient points of the 2020-2027 National drinking and irrigation water […]

Africa Headlines International Maghreb Morocco

UN Satisfied at Peaceful Crossing of Africa Eco Race Rally of Moroccan-Mauritanian Border

The UN expressed satisfaction at the peaceful crossing of the Guerguarat border crossing from Morocco to Mauritania despite verbal provocations by the Algerian-backed separatist militia to disrupt the competition. “We are pleased to see that the Africa Eco Race crossed Guergarat peacefully today,” said Stéphane Dujarric, spokesperson for the UN Secretary-General, during his press briefing […]

Energy Headlines Maghreb Morocco

Sound Energy Receives Approval to Build Gas Pipeline in Eastern Morocco

UK upstream Morocco-focused Sound Energy said it was cleared to build and operate a 120-km gas pipeline in eastern Morocco. The company made the announcement after receiving the environmental impact assessment approval from the Moroccan Ministry of Energy, Mines and Environment. The pipeline will help channel gas from Tendrara to the already existing Gazoduc Maghreb […]