MOROCCO

Faced with a serious labor shortage crisis, Portugal has turned to Morocco to recruit 400 agricultural workers ahead of its harvest season. Portugal’s Minister of Labor Ana Mendes Godinho on …

 Morocco’s central bank, Bank Al-Maghrib (BAM), announced today raising central bank interest rates by 0.50 points to 2%, in response to the lingering supply chain bottleneck and rampant inflation. Following …

BMCE Capital Investment, part of the BMCE Capital Group, on Tuesday announced the launch of its first venture capital dedicated to financing Moroccan startups. The new MAD 50 million ($4.5 …

Morocco’s Administration of Customs and Indirect Taxes (ADII) issued a statement on September 26, to define the new rules governing the procedure for advance clearance of goods Imported by sea and …

Morocco has purchased 150 military drones of the WanderB and ThunderB types, manufactured by Israel’s BlueBird Aero systems, a company specialized in designing and developing Tactical Unmanned Aerial Systems (UAS) …

OCP reported an “exceptional” increase in its income and turnover compared to last year, in its latest earnings report, detailing the phosphate giant’s performance until June 30, 2022. “OCP achieved …

Renault Group Maroc has renewed its partnership with SUEZ for the treatment and recovery of industrial waste from its plants in Tangier and Casablanca. Earlier this week, a statement from …

Morocco is currently home to Africa’s third-largest luxury market, with a total of $125 billion in private wealth, says a new report from the consulting firm Henley & Partners. In …

Morocco’s Agriculture Development Agency (ADA) has announced opening a tender for Public-Private Partnership (PPP) for the development of an irrigation system across 224,1517 hectares in the Jraifia council in the …

Morocco remains a major importer despite its significant potential in the agri-food sector, says a new analysis by a Moroccan think tank. In a publication last week, the Moroccan Institute of …