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Latest Morocco News – Page 1026

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Spain's Arms Sales to Morocco Surge 13-Fold in 2024Spain
Spain•

Spain's Arms Sales to Morocco Surge 13-Fold in 2024

Spain has multiplied its arms sales to Morocco by 13 in 2024, representing an increase of 1,264.77% compared to 2023, according to data from the Spanish Ministry of Economy and Commerce. Meanwhile, the Iberian peninsula refuses to increase its military budget, as recommended by NATO.

Egyptian Retailer Kazyon Expands in Morocco with $30 Million IFC LoanMorocco
Morocco•

Egyptian Retailer Kazyon Expands in Morocco with $30 Million IFC Loan

The Egyptian group Kazyon has just benefited from a $30 million (300 million dirhams) loan from the International Finance Corporation (IFC). These funds will allow the brand to strengthen its presence in Morocco and improve access to quality and low-cost food products, and especially put pressure on BIM, already very present in Morocco.