Moroccan Phosphate Giant OCP Reports 380% Profit Surge to $1.7 Billion
24 March 2022
At the end of 2021, the accounts of the OCP group generated a record profit of 16.3 billion dirhams (MMDH), compared to only 3.4 billion dirhams a year earlier.
Armel
A.T
Articles by Armel
Morocco Faces DR Congo in Crucial World Cup Qualifier Match
24 March 2022
Morocco faces the Democratic Republic of Congo at the Martyrs’ Stadium this Friday, March 25 at 4:00 PM as part of the 2022 FIFA World Cup qualifiers. The Moroccans cannot (…)
Morocco Slashes Non-Essential Government Spending in Three-Year Budget Plan
24 March 2022
Reducing public spending and focusing sectoral actions on priorities to cope with the economic situation. This is the instruction given by Prime Minister Aziz Akhannouch to (…)
Morocco and Israel Sign Civil Aerospace Deal, Boosting Investment and Cooperation
24 March 2022
Morocco and Israel signed on Wednesday a cooperation agreement on civil aerospace projects, which will help attract investments from the company Israel Aerospace Industries (IAI).
Morocco’s Press Freedom Ranks Low in Middle East, Conference Reveals
24 March 2022
Morocco has been cited as a poor performer in terms of press freedom, among the countries in the sub-region, during the 2nd edition of the International Journalism Conference (…)
Blinken to Visit Morocco, Israel, and Algeria on Middle East Tour
24 March 2022
The US Secretary of State Antony Blinken is expected in Morocco next week, as part of a regional tour, according to the American site Axios.
Morocco’s Remittances from Abroad Expected to Drop 15% in 2022, Central Bank Forecasts
24 March 2022
Remittances from Moroccans living abroad, which reached a record 93.3 billion dirhams last year, are expected to fall to 79.3 billion dirhams this year, according to forecasts (…)
Ancient ’Sea Cow’ Fossils Unearthed in Morocco, Revealing New Species
24 March 2022
Fossils of Sirenians, commonly known as "sea cows," over 30 million years old have been discovered near Dakhla by Moroccan and American academics.
Morocco Launches $200 Million Fuel Subsidy for 180,000 Transport Vehicles
24 March 2022
Announced by the government a few weeks ago, the exceptional aid to transport was officially launched this Wednesday. It will be released as early as April and will take into (…)
Morocco in Talks for Major Railway Factory, Promising 1,000 New Jobs
23 March 2022
Morocco is in discussion with a railway equipment manufacturing company for the implementation of a project that will employ 1,000 people.