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
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesMorocco
- 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 …
- 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 …
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 …
- 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 …
- BusinessEconomyMoroccoTelecommunicationsUncategorized
Maroc Telecom Reports Positive financial Results in Third Quarter of 2022
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 …
- AgricultureBusinessEconomyFinance & ServicesMorocco
Russia to Repair it’s Fishing Vessels in Casablanca port instead of las Palmas
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 …
In a bid to meet its climate targets, Singapore has started talks on carbon markets to buy carbon credits from Morocco and other countries including Ghana, Indonesia, Colombia, and Brunei. …
- BusinessEconomyEnergyFood ProductionMorocco
Morocco set to Allocate $2.3 Billion to Subsidize Basic Food and Energy commodities in 2023
Morocco’s government is set to allocate MAD 26 billion ($2.3 billion) in 2023 to subsidize basic food and energy commodities and preserve national purchasing power. According to the country’s Economy …
- BusinessEconomyFinance & ServicesHealthcareMorocco
Government to Gradually Tax Sugary Products for ‘Public Health’
Morocco’s government announced that it would gradually start to tax sugar-intensive products to “preserve the health of citizens.” During a presentation to parliament, Morocco’s Economy and Finance Minister Nadia Fettah …