Morocco’s Ministry of Health and Social Protection signed agreements amounting to MAD 1.7 billion ($155.9 million) with five university hospital centers on Wednesday in Rabat, aiming to improve buildings and …
Morocco
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EconomyHealthcareHospitality, Travel & TourismMorocco
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AviationEconomyMoroccoTransportation & Logisitics
Morocco and Saudi Arabia Sign a bilateral Agreement to Boost Air Transport
Morocco and Saudi Arabia recently signed a bilateral agreement on September 28 to boost air travel and develop their aviation sectors. Morocco’s Minister of Transport and Logistics, Mohammed Abdeljalil met …
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AgricultureBusinessFinance & ServicesMorocco
Morocco’s OCP Partners With Italian Bedeschi for the storage fertilizer sulfur at phosbucraa
Morocco’s fertilizer giant OCP agreed on a deal which will see Italian engineering company Bedeschi operating as the group’s material handling partner for a new project. OCP seeks the expertise …
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BusinessEconomyMorocco
Morocco and Saudi Arabia Aim to Increase the volume of Trade to $5 billion dollar in the 5 years
Morocco’s Minister of Industry and Trade Ryad Mezzour, and his Saudi counterpart Majid bin Abdullah Al Qasabi, aim to increase the volume of trade to $5 billion dollars in the …
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Morocco’s trade deficit continued to surge at the end of August 2022, reaching its highest level in over three decades at MAD 77 billion ($7 billion), due to rising energy …
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BusinessEconomyFinance & ServicesMorocco
Moroccan Diaspora Remittances reach $6.5 Billion in the first eight month of 2022
Remittances from Morocco’s diaspora reached more than MAD 71.42 billion ($7.5 billion) in the first eight months of 2022. According to Morocco’s Foreign Exchange Office’s recent data, the number represents an …
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Morocco has purchased sophisticated military drones from China, as part of its ambition to diversify drone supply sources. Morocco’s purchase list includes Wing Long II, a medium altitude long endurance …
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Lenium, a Spanish renewable energy company, is partnering with a consortium of four Moroccan institutes to develop a solution for the production of water by capturing moisture from the air. …
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EconomyMarketsMoroccoOil & GasUncategorized
Fuel Prices increases in Morocco and rising pressure on Government
While Moroccan politicians often invoke inflation and adverse geopolitics to justify rising fuel prices, Morocco’s market watchdog is currently arguing that extortionate practices, and a lack of political will to …
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While Morocco imposed tariffs on Turkish imports in response to a “commercial invasion,” Turkish textile and raw materials exports increased by 30.4% between January and August 2022 to reach 44,000 …