Morocco
Morocco Pledges 45.5% Cut in Greenhouse Gas Emissions by 2030
Morocco has raised its reduction commitment, to at least 45.5% of its greenhouse gas emissions, by 2030.
Topic
Industry
Morocco
Morocco to Begin Local Production of Sinopharm Covid-19 Vaccine by Year's End
Morocco will locally manufacture Covid-19 vaccines . Through the signing of cooperation agreements with the Chinese pharmaceutical giant Sinopharm, the project will start "in the short term". The production lines, cold rooms and packaging units of Sothema are supervised by a mixed team. The production of vials to contain the vaccine, launched months ago, should be completed soon.
Morocco
Morocco's Export Boom Drives Economic Recovery, Current Account Deficit to Narrow
Morocco will record a current account deficit of 3.8% of GDP at the end of this year before easing to 2.6% in 2022. Driven by the automotive, electronics or phosphate sectors, exports are expected to grow by 14.5% in 2021, then increase by 5.6% in 2022.
Morocco
Morocco Threatens Trade Retaliation Against Egypt Over Product Barriers
Morocco is considering retaliatory measures against Egypt, accusing it of pursuing a "blocking" policy against Moroccan products. A situation that costs the kingdom some 6 billion DH annually.
Morocco
Moroccan Sugar and Mining Giants Poised to Profit from Global Commodity Price Surge
Large-cap Moroccan companies, such as Cosumar and the Société Métallurgique d’Imiter (SMI), will benefit from the current rise in commodity prices despite the fact that the situation is unfavorable for many companies around the world. This is revealed in a recent analysis by the Attijari Global Research research center.
Morocco
Morocco Extends Anti-Dumping Measures on Chinese Plywood Imports
The anti-dumping measures applied to imports of plywood from China will be maintained until next year. This decision aims to protect Moroccan production.
Morocco
Morocco's $1 Billion Nador West Med Port on Track for 2022 Completion
The construction work on the port of Nador West Med should be completed by the end of 2022. This was announced by Abdelkader Amara, Minister of Equipment and Transport, following a recent visit to this major project launched more than five years ago in the Oriental region.
Morocco
Morocco Launches Domestic Production of COVID-19 Tests, Aims for 2 Million Units Monthly
The company Gigalab announces the launch of its industrial manufacturing unit for a PCR test and two rapid tests "Made in Morocco". 2,000,000 units will be produced every month for each Covid-19 test.
Morocco
King Mohammed VI Pushes for Rapid Development of Fnideq Industrial Zone
King Mohammed VI has given instructions to the authorities of Fnideq for the projects of the city’s industrial zone to be carried out as quickly as possible. The prefecture of M’diq-Fnideq is already on the ground.
Morocco
Moroccan Firm Mutandis to Acquire US Sardine Brand Season, Expanding into American Market
The Mutandis industrial group announced on Wednesday the acquisition of all the assets of the American company Season Brand, active in the production and marketing of high-end canned sardines.
Morocco
Morocco Unveils $318 Million Investment Plan, Creating 10,600 Jobs Across 10 Industries
Morocco has launched a battery of investment projects close to three billion dirhams and carrying more than 10,000 job opportunities, according to a press release from the Moroccan Ministry of Commerce and Industry.
Morocco
Morocco Invests $100 Million in Dakhla Fish Processing Plants
Four fish processing plants were commissioned on Wednesday in the industrial zone of Dakhla. The inauguration ceremony of these industrial units was chaired by the Minister of Maritime Fisheries, Aziz Akhannouch.