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Finance & Economy

Global Capital Bond Awards: Morocco wins 03 accolades

Morocco has won three accolades in the “Global Capital Bond Awards 2021” ranking, the Ministry of Economy, Finance and Administration Reform announced. It is the best international bond issuer in Africa, the 2nd best issuer in the “Emerging markets” category and the best international financial market manager in the Africa …

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The World Bank predicts 4.6% growth for Morocco

Morocco’s gross domestic product (GDP) growth is expected to reach 4.6% in 2021, according to the latest World Bank projections. “In Morocco, production is expected to rebound to 4.6% in 2021 under the effect of several factors, namely the reduction of problems linked to the drought, the maintenance of accommodating …

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Swedish giant Trelleborg settles in Morocco

After furniture giant Ikea in 2015 and rising star of mid-range watchmaking Daniel Wellington more recently (in 2018), another renowned Swedish group is planting its banner in Morocco. This time, it is the world leader in the production of rubber and industrial polymers in question and who has just inaugurated …

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Morocco to reimpose custom duties on wheat

Morocco plans to reimpose customs duties on soft and hard wheat of 135% and 170%, respectively. The country’s agriculture ministry said that the plan is to cut imports at a time of higher prices in international markets. The import duties had been suspended until May 15 to ensure price stability …

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