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Finance & Economy

Morocco will ban the export of argan oil

Morocco has decided to limit the export of argan oil. From July 1, the export of roasted and unroasted argan oil presented in packages larger than 5 liters will be subject to a license, said a statement from the customs administration. From this date, exporters wishing to benefit from export …

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Morocco has a 5-month wheat reserve

Morocco, which imported part of its wheat needs from Ukraine and Russia, two countries currently at war, had to find other sources of supply to cover its needs and build up a reserve. Asked about the state of the Kingdom’s strategic stock during the press briefing following the government council …

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GROHE opens its North and West Africa office in Morocco

The world-class German sanitary equipment manufacturer, GROHE, opened its North and West Africa office in Casablanca a few days ago. The celebratory ceremony was held online via the company’s digital platform, GROHE X, which brought together the media, partners and employees of the group from different countries. The objective, through …

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World Bank Group President arrives in Morocco

World Bank Group President David Malpass will travel to Casablanca and Rabat on Wednesday, March 23, 2022 for a two-day visit. This is David Malpass’s first visit to Morocco as President of the World Bank Group. This visit is part of the collaboration between Morocco and the global financial institution …

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EBRD annual meeting will be held in Morocco in May

The 31st Annual Meeting of the European Bank for Reconstruction and Development (EBRD) will be held in Marrakech on 10-12 May. During a meeting held Monday in Rabat, the Moroccan Minister of Economy and Finance, Nadia Fettah Alaoui, and the EBRD Secretary-General, Kazuhiko Koguchi, signed the Memorandum of Understanding (MoU) …

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AD Industries inaugurates a new factory in Morocco

The AD Industries Group inaugurated in Casablanca, its second industrial site in Morocco, specializing in the production of aeronautical metal parts. Located in the free zone of Midparc, this site, with an area of ​​5,000 m², specializes in boilermaking activities with high-tech cutting, forming, bending and welding resources. It is …

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