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Economy
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…
Morocco, UNWTO Committed to Ensuring Success of 24th GA
Morocco and the World Tourism Organization (UNWTO) expressed, Thursday in Marrakech, their commitment to ensure the success of the 24th session of the General Assembly of the UN organization, scheduled for next October in Marrakech. "All…
European News Outlet Highlights Morocco’s Efforts in Clean Innovation
European information website "EU Political Report" has highlighted Morocco's achievements in clean innovation, noting that the Kingdom ranks fifth in the world according to "The Green Future Index" produced by Massachusetts Institute of…
Morocco, Portugal Strengthen Cooperation on Green Hydrogen
Morocco and Portugal on Tuesday signed in Rabat a declaration of cooperation on green hydrogen, with the objective of developing partnership in this sector between the economic stakeholders of the two countries. In this joint declaration,…
Tangier Med Retains Position as Leading Container Port in Mediterranean
All port activities in Tangier Med have posted sustained growth in 2020, thus allowing the port complex to retain its position as the leading container port in the Mediterranean basin. The overall tonnage processed during the past year is…