Business Headlines Maghreb Morocco

COVID-19: Casablanca to transform international exhibition center into 700-bed hospital

Local authorities in Morocco’s largest city of Casablanca announced their plan to transform an exhibition center into a hospital able to accommodate 700 coronavirus patients. The exhibition center is the largest in Morocco stretching over a surface area of 20,000 square meters, authorities said in a statement. The center will be transformed into a hospital […]

Headlines Maghreb Morocco

COVID-19: Morocco to bolster mask production capacity to 3.3 million daily

Morocco aims to bolster its mask production capacity from 2.35 million units currently to 3.3 million amid a global trend towards generalizing masks to counter the coronavirus outbreak, Moroccan media reported. The Moroccan government has not yet recommended wearing masks for ordinary citizens in line with WHO guidance, which was reverted recently to recommending masks […]

Finance Headlines Maghreb Morocco

COVID-19: Morocco devotes 2.7% of GDP to address health crisis, ranks 4th worldwide

Morocco has devoted a huge budget to address the COVID-19 health crisis, becoming part of the top five countries worldwide that have devoted huge budgets to outweigh the economic impact of Covid-19. According to data compiled by the American Goldman Sachs bank, Morocco is the fourth country in the world to earmark the largest amounts […]

Asia Headlines International Morocco

Morocco accommodates 1000 nationals stranded in Istanbul; pays for burial costs of deceased expatriates

Morocco has booked hotel rooms for 1000 of its nationals who have been stranded in Istanbul after the country imposed a passenger flight ban over coronavirus fears. The Moroccan consulate in Istanbul booked 479 rooms in 16 hotels in Istanbul for the stranded Moroccans. Turkey has become a favorite destination for Moroccan middle class tourists […]

Headlines Morocco

COVID-19: King Mohammed VI Grants Pardon to 5,654 Inmates

King Mohammed VI has granted pardon to 5,654 detainees and gave orders to take all the necessary measures to strengthen the protection of inmates, particularly against the spread of the Coronavirus epidemic, the Ministry of Justice announced this Sunday. “As part of the attention paid by the Sovereign to inmates in penitentiary and rehabilitation institutions, […]

Finance Headlines Morocco

Morocco braces for austerity measures in wake of Covid-19

Morocco seems to have opted for austerity measures instead of a revision of its appropriation bill to offset the rise in public spending to contain the coronavirus outbreak. Morocco expects a spike in spending to counter coronavirus and mitigate its social and economic impact combined with a drop in tax and customs revenues as demand […]

Headlines Morocco

Coronavirus: Confirmed cases in Morocco surge to 919 Saturday evening

The total number of confirmed cases of infection with the novel coronavirus (Covid-19) in Morocco jumped Saturday evening at 9:00 p.m. to 919, while the death toll stood at 59, announced the Ministry of Health on its portal www.covidmaroc.ma. The number of remissions was established at 66. Saturday, the Moroccan medical staff was affected by […]

Headlines Morocco

Morocco: One year in prison for Salafist Abou Naim

Salafist Sheikh Abou Naim, known for his extremist stands, was sentenced on Friday April 3 to one year in prison and a $200 fine. He was indicted for inciting to hatred and violence and compromising public order after he challenged, in a video, the authorities’ decision to close mosques, part of a set of measures […]

Business Headlines Maghreb Morocco

Over half of Morocco’s non-agricultural GDP to be unaffected by Coronavirus crisis – Minister

The Moroccan economy is well-equipped to absorb the shocks relating to the measures imposed to contain the coronavirus as over half of Morocco’s non-agricultural GDP operates as usual, Finance Minister said. Banks, agri-business, extractive industries and public administrations, representing 53% of non agricultural GDP, maintain normal operations and are unlikely to be affected by the […]

Finance Headlines Morocco

Coronavirus: World Bank redirects a $275-million loan to Morocco

The World Bank approved a first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 (coronavirus) response. The first group of projects, amounting to $1.9 billion, will assist 25 countries, and new operations are moving forward in over 40 countries using the fast-track process, the international […]