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Finance & Economy

Drone delivery soon possible in Morocco

The era of technology is once again taking us to a novelty soon to be available in Morocco thanks to the association between the African giant Jumia Technologies and the American startup specializing in drone delivery, Zipline. The leading e-commerce platform in Africa recently announced the launch of a new …

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Foreign direct investment up 80.3% in Morocco

Revenue from Foreign Direct Investments (FDI) reached 17.62 billion dirhams during the first seven months of 2022, up 80.3% compared to the same period in 2021, according to the Exchange Office. FDI receipts recorded an increase of 40.3% totaling 23.78 billion dirhams at the end of July 2022 against 16.95 …

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Morocco’s phosphate exports increase by more than 81%

Sales of phosphates and derivatives increased by 81.1% to reach more than 68.77 billion dirhams for the first seven months of 2022, according to the Foreign Exchange Office. This development follows, mainly, the increase in sales of natural and chemical fertilizers (+22.79 billion dirhams) due to the price effect which …

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Trade between Morocco and Israel reaches $117 million

Israeli-Moroccan relations are going well and the Economic and Trade Cooperation Agreement between the Government of the Kingdom of Morocco and the Government of the State of Israel seems to be bearing fruit. Indeed, after the re-establishment of diplomatic relations, trade between Israel and Morocco reached 117.11 million euros in …

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