
OCP Group CEO Mostafa Terrab Named Morocco's 'Man of the Year' by Maroc Hebdo
The French-language weekly Maroc Hebdo has revealed the identity of the Man of the Year 2019. His name: Mostafa Terrab, Chairman and CEO of the OCP group.

The French-language weekly Maroc Hebdo has revealed the identity of the Man of the Year 2019. His name: Mostafa Terrab, Chairman and CEO of the OCP group.

Morocco has literally lost the monopoly on argan oil production to Israel, whose trees now produce 10 times more.

A multi-sectoral business mission from Portugal has been on a working visit to Morocco since December 11. Among other things, this mission will conduct exchanges to strengthen trade relations between the two countries.

The Swiss company Clariant has ended decades of industrial presence in Morocco . The company is currently working to settle the accounts of its heavily loss-making Moroccan subsidiary.

Global leader specialized in aluminum casting and the production of automotive aluminum parts, the Chinese group Citic Dicastal, inaugurated, this Monday, November 25 in Kenitra, the second phase of the Dicastal Morocco Africa project. With a total cost of 350 million euros, this project will create 1200 jobs.

To everyone’s surprise, authentic Philip Morris International cigarette packs manufactured in Turkey for the Israeli market have been sold in Morocco. Philip Morris Morocco (PMM) has tried to clarify the situation.

The Ministry of Industry, Trade and Green and Digital Economy, in coordination with customs services, seized 184,250 non-compliant mobile phone chargers from Asian countries on November 22.

And two for Citic Dicastal in Kenitra. The Chinese group proceeded on Monday, November 25, 2019 to the inauguration of the second phase of the Dicastal Morocco Africa project, for a total investment of 350 million euros.

3,000 food companies have been flagged by the National Office of Food Safety (ONSSA). They are operating in total illegality as they do not have any approval or even a health permit.

The two French and Italian manufacturers, Peugeot PSA and Fiat Chrysler Automobiles (FCA), have recently announced their merger. This could lead to the construction of an Italian factory in [Morocco].

The data recorded in the latest report of the Ministry of Labor and Professional Integration indicate that the exodus of skills continues dangerously.

Deputy Larbi El Mharchi discussed the Authenticity and Modernity Party (PAM) proposal to legalize cannabis, during an intervention on an Arab channel where he announced that Swiss experts are showing a keen interest in Moroccan cannabis. They aim to set up a plant extraction facility for therapeutic and industrial purposes.