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 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.
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.
Four economic partnership agreements were signed in Fès under the aegis of the Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid Elalamy.
It was the city of Agadir that hosted on May 10 the celebration of the very first International Argan Tree Day initiated by Morocco and the UN. An opportunity to learn more about this sector that employs 25,500 people in Morocco and weighs 1.2 billion dirhams in turnover.
Chakib El-Khayari, coordinator of the Coalition for the Medical and Industrial Use of Cannabis (le Kif), opposes the legalization of cannabis for recreational purposes. He is surprised by the number of parties calling for this.
In Morocco, exports in the automotive sector are strongly increasing in the first quarter of 2021, reaching 38.9% for a gain of 22.6 billion dirhams. These figures show a clear progression compared to the same period in 2020, according to the Office of Foreign Exchange.
Fallen into cessation of payments and at the heart of a judicial recovery plan since April 26 last, the industrialist Delattre Levivier Maroc (DLM) says it is optimistic and confident about its way out of the crisis.
The legalization of cannabis cultivation in Morocco for medical and industrial purposes would make life better for more than a million Moroccan farmers. Europe is expected to be more open to supporting this dynamic and helping to set up this industry.
Morocco intends to give a boost to the industrial sector. In this sense, tenders have been launched for a total investment of over $500 million in the form of public-private partnerships.
The object of all desires, the Bombardier Morocco site has fallen into the hands of the American industrial group Spirit Aerosystems, which wants to make it a great opportunity to develop its network in Morocco.
Bank Al-Maghrib is optimistic about Morocco’s economic situation. This emerges from its April economic situation note on the main figures of the Moroccan economy, including Moroccans residing abroad.