Finance & Economy

EDF, one of the world leaders in renewable energies, and Mitsui & Co. Ltd., an international trading and investment group with a diversified portfolio of activities, are launching the 1st phase of the Taza wind farm, located around 15 km northwest of the city of Taza in northern Morocco. This …

Morocco intends to take advantage of all the opportunities offered by the crisis to become the most competitive automotive hub in the world, said Minister of Industry, Trade, Green and Digital Economy, Moulay Hafid Elalamy. Emphasizing the imperative to take advantage of the global crisis, the minister indicated in an …

The Department of Agriculture’s Strategy and Statistics Branch conducted a survey on grain yields among producers. It shows that the final production of the three main cereals for the 2019-2020 season has fallen by 57%. The area sown for this 2019-2020 cereal season is estimated at 4.34 million Ha. These …

With 28.97 points out of a hundred, Morocco is the 75th country out of 131, in terms of innovation, according to the latest ranking of the World Intellectual Property Organization (WIPO), in partnership with Cornell University and the European Institute of ‘business Administration. In 2019, it was ranked 74th out …

Siemens Gamesa announced Wednesday, September 2 that it is going to install 87 wind turbines in the Boujdour park. The installation of these wind turbines will be carried out through the private developer of the 850 MW Integrated Wind Project, made up of the Nareva Holding (Morocco) and Enel Green …

The Tanger Med port has made significant progress in the latest “Lloyd’s List” and “Container Management” rankings, and is now ranked 35th worldwide after being ranked 46th a year earlier. This ranking concerns the top 120 ports in the world out of 500 with a container activity. Tanger Med thus …

The Citroën AMI, an electric car without a license, is manufactured in the Groupe PSA plant in Kenitra, Morocco. It costs 6,900 euros and already attracts a lot of customers. Already a thousand orders registered. The price of the Citroën explains the multiplicity of orders. The automaker says 56% of …

Pleading “for a decade of hope and not of austerity in the Middle East and North Africa”, the international NGO Oxfam believes that the generalization of access to health services and social coverage will require limiting some inequalities. It proposes for this a wealth tax. In a recent study entitled …

The “Office Cherifien des Phosphates” (OCP) and Russia’s PhosAgro have left the US market. Russia and Morocco have reduced almost entirely the supply of the United States of phosphate. A departure that follows the complaint filed at the end of June by Mosaic Company against these two main competitors. The …

To cope with the crisis caused by the coronavirus pandemic, Royal Air Maroc (RAM) has just laid off 140 employees, including 65 pilots. Several hundred more will receive their dismissal letters in the coming days. Royal Air Maroc will still have to part with 900 of its employees including 150 …