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Economy
Tanger Med – 35th container port in the world in 2019
• Significant moving up of 11 positions in the international ranking of container ports
• 1st container transshipment port in the Mediterranean for 2019
• Confirmed Leadership in Africa for the 3rd consecutive year
• Strong commitment…
Covid-19 – EIB to support Morocco in its struggle against the pandemic
The European Investment Bank (EIB) Group will spare no effort to support Morocco in coping with the effects of the novel coronavirus pandemic, stressed Emma Navarro, vice-president of the European Union's financial institution.
Navarro…
Economy Minister Meets with European Commissioner for Economy
Minister of Economy, Finance and Administrative Reform Mohamed Benchaaboun met, on Monday in Brussels, with European Commissioner for the Economy Paolo Gentiloni on strengthening the partnership between Morocco and the European Union (EU).…
Tanger Med – Digitalisation aims at promoting Morocco’s agri-food exports
As part of the dematerialization of Tanger Med's service offering through the implementation of various solutions to strengthen the logistics competitiveness of exporters in its "Port Community System" portal, a new step has just been taken…
Morocco’s Net International Reserves Up 2.9%
Morocco's net international reserves amounted to 231.3 billion dirhams until August 8, 2019, up by 2.9% compared to the same period in 2018, Morocco's central bank (Bank Al-Maghrib) said. During the week of August 8-14, Bank Al-Maghrib…
Marrakesh: Tourist Overnight Stays up 8% in 2019 H1, Tourism Observatory
The total of nights spent in the different classified hotels in the city of Marrakesh posted an increase of 8% during the first half of 2019, compared to the same period a year before. According to statistics issued by the Tourism…
10 Billion Dirhams to be Earmarked Annually to Advanced Regionalization Starting 2021 (Minister)
The funding allocated to the regions as part of the implementation of advanced regionalization will reach 10 billion dirhams annually from 2021, announced, Thursday in Rabat, minister of Economy and Finance, Mohamed Benchaaboun.
As part…
Belgium to Allocate 3 mln Euros for Morocco to Promote Jobs, Youth Self-Employment
Belgium will allocate 3 million euros, over four years, to promote jobs and youth self-employment in Morocco, under a Moroccan-Belgian project.
Dubbed "Supporting Youth Entrepreneurship Development in Morocco", the project, whose…
Royal Air Maroc CEO calls for Morocco’s government « firm support » to face competition from Turkish…
The message delivered by RAM’s CEO was right to the point and it is now up to the El Othmani’s government to act before it is too late. In his speech, Royal Air Maroc CEO, Abdelhamid Addou, stressed to Morocco’s governmental body that the…
ABL Aviation Targets African Aeronautic Market Through Its Unique Financing Model
A futuristic vision and an action in the present time. After Dublin, New York, Hong Kong and Dubai, ABL Aviation set up in Morocco in 2017 and recently obtained the Casablanca Finance City status. Objective: to invest the African…