Recent news reports indicating that Morocco’s customs authorities (ADII) are adding a new round of tariffs on travelers bringing gifts and cash upon entering Morocco are “unfounded.” Speaking to Moroccan …
Sound Energy, a London-listed energy company, announced today that it is extending the negotiation period with Attijariwafa Bank, Morocco’s largest bank, on funding the Grand Tendrara and Anoual gas exploration …
EcoFlow, a company specializing in electricity storage solutions announced it is extending its operations to Morocco. Commenting on the decision to enter Morocco’s market, EcoFlow said that Morocco has a …
The Moroccan dirham appreciated by 1.62% against the US dollar and depreciated by 1.04% against the euro between 20 to 26 October, according to data from the country’s central bank, …
Morocco’s economic growth is estimated to have reached 1.8% at the end of the third quarter of 2022, down from the 2% recorded the previous quarter. According to a report …
Israel’s exports to Morocco are estimated at $250 million annually, Israeli news outlet Israel Hayom reported. Data from a joint assessment between the Israeli Ministry of Regional Cooperation and the …
Moroccan energy group Afriquia Gaz is in the process of acquiring the Mauritanian subsidiary of French energy group Total Energies. According to a report from the Mauritanian news agency, the regional …
American rating agency Fitch yesterday released a report upgrading its rating for OCP’s long-term issuer default rating from bb to bb+, reflecting the company’s ability to meet its long-term financial …
Maroc Telecom, Morocco’s largest telecommunication operator, announced positive financial results at the end of September 2022, with a 0.3% rise in revenues. The company’s revenues exceeded MAD 9 billion ($842 …
Following the port embargo on its fishing vessels, Russia has opted to repair its fishing boats in Casablanca port instead of Las Palmas. The head of the representative office of …