Morocco

British company expects to explore over 2 bln barrels of oil in Moroccan coast

Europa Oil & Gas company, announced yesterday Tuesday 3d August that the launch of a formal process for the farm-out of a stake in the Inezgane Offshore Permit, an 11,228 square kilometre area offshore Morocco. According to the company, over 2bn barrels have been identified in top 5 prospects on Inezgane Permit which lies on ...

6:04 pm Et August 4, 2021

Morocco: Budget Deficit Increased to 7.6% of GDP in 2020

The economic crisis triggered by the Covid-19 virus weighed heavily on public finances in 2020, with the budget deficit increasing sharply to 7.6 percent of GDP against 4.1 ...

10:30 am Et August 4, 2021

Covid-19 and weather impacts: Morocco's GDB down 6.3% in 2020

The Moroccan domestic economy contracted by 6.3 percent in 2020, the most severe contraction ever recorded since the compilation of the national accounts began, as a result of ...

10:26 am Et August 3, 2021

To fight Coronavirus spike: Morocco returns to night curfew and other preventive measures

Morocco has decided to take a series of measures as of Tuesday, August 03, 2021 at 9:00 p.m. in order to fight the spread of Coronavirus, given the ...

7:22 pm Et August 2, 2021

Chief of Staff of U.S. army visits Morocco to further develop military cooperation

Gen. James C. McConville, Chief of Staff of the U.S. Army, was received, Monday in Rabat, respectively by the Moroccan Minister Delegate to the Head of Government in ...

6:02 pm Et August 2, 2021

Morocco's Labour Market: 432,000 Jobs Lost in 2020

In a context shaped by numerous restrictions imposed on economic and social activities to limit the spread of the Covid-19 virus, as well as by a poor agricultural ...

11:51 am Et August 2, 2021

Morocco: Inflation Rose to 0.7% in 2020

The Covid-19 health crisis and the restrictions put in place to contain its spread led to a significant weakening of demand and major disruptions in the supply of ...

10:30 pm Et August 1, 2021

Morocco receives another batch of Covid-19 vaccine from China

Morocco received on Sunday another batch of Covid-19 vaccine from Chinese pharmaceutical company Sinopharm composed of 1 million doses. According to Morocco’s health authorities, this new batch arrived ...

6:19 pm Et August 1, 2021

King Mohammed VI calls on Algeria to develop ties, open borders

King of Morocco Mohammed VI on Saturday called for making the logic of wisdom and the supreme interests of Morocco and Algeria prevail in order to remedy the regrettable situation in which the energies of the two countries are being squandered. “I therefore call for making the logic of wisdom and of our supreme interests ...

11:24 am Et August 1, 2021

Morocco: Growth Forecast at 3.2% in 2022

The growth rate of Moroccan economy should reach 3.2% in 2022 and 5.6% in 2021, under the assumption of a cereal production of 70 million of quintals (Mqx), ...

6:34 pm Et July 31, 2021
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