2022 Trade Report: Morocco’s Increasing Imports and the Impact of Free Trade Agreements

2023-08-09 19:21:59 In 2022, imports from Morocco made under free trade agreements increased by 20.9%, i.e. nearly 35.9 billion DH more. They amounted to 207.8 billion DH against 171.9 billion DH in 2021. Despite the diversification of its partners, the European Union is the main trading partner of the Kingdom. Especially since the institutional framework … Read more

Morocco’s Rising Vegetable Exports: A Look into Poland, Romania, Norway, Czech Republic, and Belgium Markets

2023-08-09 19:21:59 Morocco has increased its vegetable exports to Poland over the past five years, as reported by EastFruit. Between 2018 and 2022, total Moroccan vegetable export revenues amounted to $5.3 billion, mostly dominated by tomatoes and peppers. This increase in exports relates, to a large extent, to tomatoes since they constitute the largest share … Read more

Violent Storms Leave Thousands without Power: Updates on Eastern US Outages, Flight Cancellations, and Severe Weather Warnings

2023-08-08 15:23:57 Hundreds of thousands of people remained without power Tuesday in the eastern United States in the aftermath of violent storms that killed at least two people. According to the FlightAware website, more than 1,700 domestic flights were canceled on Monday and more than 8,000 delayed. Shortly after 4 a.m. Tuesday, more than 400,000 … Read more

Insights on the Resilient Performance of Direct Insurers despite Unfavorable Financial Environment – A Detailed Report

2023-08-05 14:44:16 This result includes that of exclusive reinsurers which reached 282 million dirhams (MDH) (-9.5%), specifies the report, adding that despite an unfavorable financial environment, the net result of direct insurers increased by 1.8% to 4 billion dirhams. This performance was only possible thanks to the non-technical result (801.6 million dirhams (MDH)) which compensated … Read more

Morocco-UK Electricity Link Megaproject: Xlinks and British Government Collaborate for Clean Energy Transition

2023-08-03 23:54:56 The British government strongly supports the Morocco-UK electricity link megaproject, the construction of which is being carried out by the London startup Xlinks. It is clear, after having published, at the end of March, a document under the title: “Powering Up Britain: Energy Security Plan” in which he announced the examination of the … Read more

Morocco Dominates Athletics and Para-Athletics at the Francophonie Games: A Record-Breaking Performance

2023-08-03 21:24:43 In athletics and para-athletics first, the podium shone entirely in the colors of the Kingdom, in the discipline of the women’s 5000 meters, with a trio made up of athletes Rahma Tahiri who won gold and setting a new record of the competition with a time of 15:56.71, Kaoutar Farkoussi with a time … Read more

Rising Business Failures in Morocco: Impacts, Causes, and Solutions

2023-08-02 22:31:07 While economic growth is around 3.5%, the number of business failures increased by 18% during the first half of 2023, according to the quarterly barometer established by the Moroccan specialist in legal and financial information, Inforisk. Thus the number of structures caught between the need for investment, over-indebtedness and falling customer revenue, reached … Read more

Russian President Welcomes King Mohammed VI and Discusses Food Security at Russia-Africa Summit

2023-07-28 20:38:58 The Russian President welcomed, in an intervention, His Majesty King Mohammed VI, expressing the wish to see bilateral relations evolve and go in the same momentum as that launched during His Majesty’s visit to Russia in 2016. Referring to issues relating to food security in Africa and around the world, Mr. Putin praised … Read more