First Independent Mena Newspaper
Morocco is set to create 12 special economic zones in its 12 regions offering tax incentives and other advantages to attract foreign industrial investors. The special zones are also meant to boost exports and curb imports in order to ease the country’s trade deficit. The decision was made in 2016 in a business charter that […]
Cars dominated Morocco’s exports in the first six months of 2018 with 35.973 billion Dirhams, as the country continues to attract automotive investments. Home to investments by French giants such as Renault and Peugeot, Morocco unseated South Africa as the largest car producer in the continent. Car exports, a valuable source of foreign currency for […]
Libya’s oil production and export operations will resume to normal levels after General Khalifa Haftar, the military strongman controlling eastern Libya, agreed to allow four export ports (Ras Lanuf, Es Sider, Zueitina and Hariga) to reopen. The announcement was made Wednesday by the country’s National Oil Corporation, the only Libyan authorized body to export the […]
Morocco’s exports of handicrafts exceeded 622 million dirhams between January and November 2017, Minister in charge of the sector Jamila El Mossali said. Local media reported that El Mossali said at the launch of the national handicrafts fair to run till 31 December, 2017 that the sector employs 2.5 million people and represents 7% of […]
Morocco was the most prolific exporter of fruits and vegetables to Spain with a total value of €404 million in the first half of 2017, that is a 33% rise compared to the same period last year. Figures released by the FEPEX, the Spanish federation of fruits and vegetables producers, showed that Morocco took the […]
Morocco’s exports of agricultural products in the first quarter of 2017 stood at 15.25 billion dirhams, that is a 4.2% rise compared to the same period last year, Moroccan local media said quoting official statistics. With this increase, the total revenues from agricultural exports have been bolstered by 616 million dirhams compared to the first […]