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Economy
Minister of Foreign Affairs Holds Talks with President of EBRD
Minister of Foreign Affairs, African Cooperation and Moroccans Abroad Nasser Bourita met, on Monday by teleconference, with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso. During this meeting,…
Morocco-EBRD: Prospects for Financial Cooperation at Center of Talks Between Benchaâboun and…
The prospects for the development of financial and technical cooperation between Morocco and the European Bank for Reconstruction and Development (EBRD) were at the center of discussions, on Monday by videoconference, between Minister of…
Morocco: Speed of Economic Recovery Depends on Vaccination
The speed of economic recovery in Morocco depends on the successful completion of the vaccination operation against the novel coronavirus (Covid-19), said Monday Roberto Cardarelli, Mission Chief for Morocco of the International Monetary…
Morocco Begins Association Process within New EU Program ‘Horizon Europe’
Morocco has started its association process within the European Union’s program "Horizon Europe", under the new European programming 2021-2027, as part of the strengthening of relations of cooperation between the two sides. Moroccan…
Moroccan Tourism Startup Among Condé Nast Traveler’s 2021 Top Travel Specialists
Condé Nast Traveler magazine, a New York-based reference in the world of leisure and travel, has chosen Casablanca-based tourism start-up "Maana" among its top luxury travel specialists for 2021. Each year, the monthly publication…
UN: Morocco to Coordinate African Group on Economic and Development issues for Second Year in a Row
Morocco has been selected again for the second consecutive year to coordinate the African Group in New York on economic and development issues, in particular at the level of the Second Committee of the United Nations General Assembly. In…
Ouarzazate’s Noor Solar Plant Supplies Nearly 2 Mln Moroccans with Electricity
The Noor Ouarzazate solar power plant supplies nearly two million Moroccans with electricity and prevents the emission of nearly one million ton of greenhouse gas per year, Minister of Energy, Mines and Environment, Aziz Rabbah, said on…
Morocco-AfDB: Around One million USD for Energy Engineering Company
The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank (AfDB) has granted an aid of US $ 965,000 to the Energy Engineering Company (SIE) in Morocco to support it in its transition to become the first super energy…
Bank Al-Maghrib: Fall in Global Borrowing Rate to 4.53% in 2020
The average global borrowing rate stood at 4.53% for the year 2020, down 46 basis points compared to 2019, according to Bank Al-Maghrib (central bank-BAM). This rate stood at 4.42% in the fourth quarter of 2020, against 4.34% in Q3-2020,…
Here are the decisions of the Council of Ministers
His Majesty King Mohammed VI on Thursday chaired at the Royal Palace in Fez a Council of Ministers, which was dedicated to the adoption of several draft legal texts and international agreements, said a statement by spokesperson of the Royal…