Morocco
British Firm Reports High-Quality Natural Gas Discovery Off Moroccan Coast
The British company, Chariot Oil & Gas announced that the new natural gas reservoir discovered in the Anchois well off Larache is of excellent quality.
Topic
Investment
Morocco
Agadir Expands Tourism: 15 New Investment Zones Unveiled Along Atlantic Coast
In order to strengthen its tourism offer, the Souss-Massa region has identified a total of 15 areas in Agadir , dedicated to tourism investment. They cover 1300 hectares under development or in project.
Morocco
Sound Energy Begins Construction of Tendrara LNG Plant in Morocco
Sound Energy has announced the start of site preparation work for the construction of its small-scale gas liquefaction plant at the Tendrara field.
Morocco
Ryanair Expands Agadir Routes: 19 New European Destinations Added for Summer 2022
Ryanair launched on Tuesday its summer 2022 flights from Agadir airport, which will connect the capital of Souss to many European cities, including 19 new routes to 10 European countries.
Morocco
Italian Premium Coffee Brand Pavin Caffè Expands to Morocco, Targets HoReCa Sector
The Italian roaster Pavin Caffè, a premium coffee producer, has set up shop in Morocco by opening a subsidiary in Casablanca called Pavin Caffé Maroc.
Morocco
Morocco and Israel to Hold Virtual Summit on Tourism Investment
"Morocco Israel Tourism Investment Summit", this is the theme of the high-level virtual business meeting to be held on March 22 between Moroccan and Israeli investors.
Morocco
Al Hoceima Development Program Nears Completion with 98% of Projects Finished
Almost all the development projects under the "Al Hoceima, Manarat Al Moutawassit" (PMA) program are almost completed. To date, 925 projects out of a total of 942 planned projects have been carried out, a completion rate of 98%.
Morocco
New Economic Zone in Tetouan to Boost Industry and Combat Smuggling
The city of Tetouan will be equipped with a new economic activity zone , contributing to the strengthening of industrial reception infrastructures and addressing the problems of smuggling throughout the region.
Morocco
Morocco Allocates 15 Billion Dirhams to Combat Rising Oil and Commodity Prices
Faced with exogenous shocks threatening its economy, Morocco has two alternatives: to readjust its investment budget or to reorder its priorities. Two solutions that are not, for the time being, on the agenda, as the measures taken still make it possible to cope with the situation, the government assures.
Spain
Migrant Assaults Deter Investment in Melilla, Vox Leader Claims
The president of Vox Melilla, José Miguel Tasende, stated that the "increasingly massive and violent" migrant assaults are not reassuring for businessmen who would like to invest in the autonomous city.
Morocco
EU Pledges $9.2 Billion Investment in Morocco's Economy Over 7 Years
Over the next seven years, the European Union plans to increase its investments in Morocco to the tune of 8.4 billion euros ($9.2 billion), to support several vital sectors of the national economy.
Morocco
World Bank to Fund Major Irrigation Project in Drought-Stricken Morocco
The World Bank wants to provide financing to Morocco to mitigate the effects of the drought . An important irrigation project is in the process of being approved by the institution’s board to address water scarcity.