Members of a delegation from the Chilean Parliament have praised the socio-economic achievements and the development momentum in the Dakhla-Oued Eddahab region in different fields. During the visit to the region, the Chilean delegation, led by the Speaker of Chile’s Chamber of Deputies, Karol Cariola, and the Vice-President of the Chilean Senate, Matias Walker, expressed […]
Tag: Morocco
Mauritania backs Morocco’s atlantic initiative and gas pipeline
Mauritania will work together with Morocco to advance royal projects aiming to boost connectivity including the Atlantic initiative to offer landlocked Sahel states access to the Atlantic and a gas pipeline project that will connect Nigeria to Morocco benefiting 13 west African states. This came in a royal office statement following talks between King Mohammed […]
Water stress, mobility, digital transition, challenges hindering Moroccan regions’ development
Managing the water stress crisis, developing the transportation and mobility system, and adhering to the digital transition process are among the challenges and risks that must be tackled because they hinder development efforts in the Kingdom’s regions, King Mohammed VI said. “Needless to say, water stress is a challenge for all stakeholders, regions and local […]
Morocco to invest $230 million in new Mogador resort
Morocco is planning to build a new Mogador resort, near Essaouira, for a total investment on $230 million. The new resort will be funded by a consortium of investors, including Samih Sawiri, Hussain Al Nowais, and Hossam El Shaer, who committed to fund 50% of the investment, the head of the government office said in […]
Libyan rival institutions agree in Morocco to cooperate to hold elections
Libya’s House of Representatives and the High State Council agreed to work together to take the necessary steps to form a national unity government and organize fair elections to end the institutional division in the country. This came in a statement following a consultative meeting between the two institutions held in Morocco’s Bouznika. The two […]
World Bank approves $250 million to finance resilience of Morocco’s agri-food systems
The World Bank’s Board of Directors has approved a program worth $250 to help Morocco increase the resilience of its agri-food system to climate change and strengthen food safety and quality. “Overall, the Program is expected to benefit 1.36 million people, including almost 120,000 farmers and over one million consumers, with improved food safety and nutrition […]
King Mohammed VI: Advanced regionalization, lever for economic & social Development; challenges remain
King Mohammed VI has called on all stakeholders to double efforts in order to make advanced regionalization a lever for economic and social development that can help address development challenges, unequal growth, and regional disparities. The Monarch’s call comes in a message addressed Friday to participants at the 2nd National Conference on Advanced Regionalization, convening […]
Morocco to regulate crypto without stifling innovation, says Central Bank Governor
Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri, said earlier this week that the legal framework governing crypto-assets in Morocco, currently undergoing adoption process, aims to regulate this ecosystem while preserving the financial innovation that can emerge from it. “We wanted to regulate the use of crypto-assets, without stifling the innovation that can […]
Central bank sees automotive sector exports at $20 bln by 2026
Morocco’s central bank gave a promising outlook for Morocco’s current account balance putting emphasis on the growing exports of the automotive sector, seen at a record 20 billion dollars by 2026. Likewise, the bank expects Morocco’s phosphates and derivatives exports would settle at 10 billion dollars, while remittances from Moroccans abroad and tourism receipts would […]








