Tag: Morocco

Rabat – Morocco’s central bank, Bank Al Maghrib, has announced that the country’s net reserves assets stood at MAD 287.9 billion ($29.7 billion) as of June 19. The figure represents an increase ...

Rabat – Moroccan Minister of Youth and Sports Othman El Ferdaous declared today in Rabat that the official resumption of the Moroccan Football League (Botola) will take place at the end of ...

Rabat – Morocco is playing an important role in Africa’s energy transition with the Noor Ouarzazate solar complex, according to a June 18 report by African Development Bank (AfDB) Group. The ...

Rabat – Algeria is the second African destination for Moroccan-made face mask exports, Morocco’s Ministry of Industry revealed. As of June 8, Morocco exported 526,050 face masks to Algeria, or 2.85% of its ...

Rabat – Morocco’s Ministry of Health has confirmed 80 new COVID-19 cases in the last 24 hours, bringing the total number of cases in the country to 8,151. Morocco also ...

Rabat – Morocco has invested MAD 50 million (€4.5 million) to build a new bridge connecting the city of Temara to the Rabat-Casablanca highway. The project seeks to improve vehicle circulation and ...

Rabat – The European Union (EU) transferred a grant of MAD 1.7 billion (€157 million) to Morocco on Monday, 26, to aid in the country’s COVID-19 response. A joint press release from the ...

Rabat – According to a recent report by Arabnet and Wamda, 71% of startups in the MENA region are struggling amid the COVID-19 pandemic. The report, released May 18, analyzes the economic impacts ...

Moroccan customs recorded MAD 103.7 billion ($10.5 billion) in revenue in 2019, following a “continuing upward trend” from MAD 100.8 billion ($10.22 billion) in 2018, the Customs and Indirect Tax ...

Moroccan expert in strategy and economic diplomacy Amine Laghidi believes Morocco has the potential to become a hub for the transformation of African agricultural and industrial exports after the COVID-19 pandemic releases ...