Morocco’s Minister of agriculture Mohamed Seddiqi said that Morocco has commenced the agricultural season with “very low” dam reserves compared to the past ten years. The minister made his remarks on …
Tag:
MOROCCO
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Banking, Finance & InvestmentBusinessEconomyMoroccoNorth Africa
Standard Bank Plans to expand into Morocco and North Africa
Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt. Africa’s largest lender by assets plans to enter the continent’s biggest economies to …
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BusinessEconomyMoroccoTransportation & Logisitics
Morocco’s Customs Imposes taxes on Gifts and Cash exceeding MAD 2,000
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 …
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BusinessEconomyEnergyMoroccoOil & Gas
Sound Energy and Attijariwafa Bank in Talks to Fund Tendrara and Anoual Gas Exploration in North Morocco
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 …
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EconomyEnergyMarketsMorocco
Electric Storage Maker EcoFlow announced extending it’s operations to Morocco
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 …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesMorocco
Moroccan Dirham edges by 1.6% Against Dollar and Drops 1% Against Euro
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, …
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BusinessEconomyMorocco
Morocco’s Economic Growth Drops to 1.8% at the end of the Third Quarter of 2022
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 …
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BusinessEconomyEnergyTechnology
Morocco Aims to Become Most Competitive Decarbonized Automotive Platform in world
Morocco aims to become the most competitive decarbonized automotive platform in the world, said Minister of Industry and Trade Ryad Mezzour on Wednesday in Tangier. “Our goal is to make …
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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 …
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BusinessEconomyEnergyMorocco
Morocco’s Afriquia Gaz Acquires Total Energies’ Mauritanian Subsidiary of French Energy group
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 …