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Morocco: Circle Oil begins drilling in Sebou

Marrakech - Circle Oil, the international oil and gas exploration and production firm based in Ireland, has announced new drilling in the Sebou and Lalla Mimouna permits in the Gharb area. This is the third drilling in the Sebou permit and the first in Lalla Mimouna which will begin with the start of drilling on the second well named CGD-12 to be drilled The Sebou agreement between Circle Oil Maroc (COML) a ...

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Morocco, world’s fifth exporter of strawberries

Taroudant, Morocco ranks as the world’s fifth largest strawberries exporter, according to Statistics provided by the Ministry of Agriculture and Fisheries. The same source said that during 2013-2014 crop year the country exported approximately 74,000 tons, representing 7 percent of the international market. During the same year, the kingdom exported 55000 tons of frozen strawberries, representing 72 percent ...

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Morocco the World Leader in Sardines Production

Taroudant - Morocco is the world leader in the production of sardines, said Wednesday in Al Hoceima, Aziz Akhannouch, the Minister of Agriculture and Marine Fisheries.  Speaking at the first edition of "Festival of Sardine", celebrated from August 27 to 31 simultaneously in five beaches of the kingdom (Al Hoceima, Martil, Agadir-Taghazout, Dakhla and Mehdia), Aziz Akhannouch said that Morocco is the world l ...

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World Bank Approves $100 Million Loan to Morocco to Support Employment

Washington - The World Bank (WB) board of executive directors approved last Tuesday a USD 100 million project in support of Morocco’s ongoing efforts to boost employment and improve the quality of jobs.  The project will focus on ensuring the skills taught in universities and vocational training programs match the needs of the labor market, increasing the efficiency of employment services and broadening the ...

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Morocco Opens Electricity Production to Private Sector

By Ismail Elouafi Fez - Due to the crisis of the National Office of Electricity and Water, (Office National de l'Electricité et de l'Eau Potable), the Moroccan government is endorsing a national project that privatizes the production of electricity in Morocco. This project aims to allow private sectors to produce electricity needed to satisfy the population through transferring needed megawatts. They need a ...

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Qatar keen on importing Moroccan foodstuffs, Qatari official

Rabat - Qatar's finance minister Ali Sheriff Al Emadi said, on Monday in Rabat, that his country is keen on importing Moroccan foodstuffs and investing in the Kingdom's agriculture sector. During a meeting with agriculture minister Aziz Akhannouch, Al Emadi said that Qatar, which imports all its foodstuffs from remote countries as Brazil, wishes to cooperate with Morocco in the food processing industry. He ...

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RAM signs interline agreement with Brazilian GOL

Rabat - Moroccan national carrier Royal Air Maroc (RAM) and Brazilian GOL Linhas Aéreas Inteligentes recently signed an interline agreement offering new connections between Morocco, Brazil and Latin America, the national airline announced in a release. Following the launching in December of the first destination in Latin America, RAM expands its route network in the continent and offers to its customers acc ...

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Morocco, Japan Set to Promote Economic Ties

Rabat - Morocco and Japan expressed, here Monday, their determination to enhance cooperation between economic operators of both countries. During a meeting between Minister-delegate of Foreign affairs and cooperation, Mbarka Bouaida, and President of the Japan External Trade Organization (JETRO), Satoshi Miyamoto, the two parties praised the excellent relations between Morocco and Japan, marked by a strong ...

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Qatar donates USD 136 mln to fund agricultural projects in Morocco

Rabat  -  Qatar granted Morocco a donation of USD 136 million to fund two agricultural projects in the Ouezzane province (north) and in the regions of Sous Massa Derâa and Guelmim-Es Smara (south). The first project concerns the irrigation of the Asjen zone in Ouezzane while the second one aims at organizing transhumance in the semi-Saharan and Saharan zones of Sous Massa Derâa and Guelmim Es-Smara.  The do ...

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Spanish Exports to Morocco up 6.9 % in First Falf of 2014

Madrid - According to figures made public on Monday by the Spanish Ministry of Economy and Finance, Spanish exports to Morocco have increased by 6.9 % in the first half of 2014, year-on-year, totaling 2.97 billion euros. Morocco continues to be the first African and Arab destination for Spanish exports, said the ministry in a statement on the commercial results of the Iberian country for Jan.- Jun. period, ...

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Winter Haven, Florida: City of Innovation and Creativity

Tinejdad, Morocco- With a committed responsibility to create new jobs through business expansion and business enlisting, the Winter Haven Economic Development Council (WHEDC) aims tofoster exhaustive and sustainable development that addresses the needs of the growing economy and population of Winter Haven, Florida area. The organizationis devoted to strengthening and promoting business in Winter Haven, enco ...

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Trade between two unequal partners

By Kingsley Ighobor Sixty-one heads of government and other top-level officials from African and European countries converged last March in Brussels, the de facto European Union capital, to discuss mutual relations. After two days of deliberations, they issued a 63-point agreement laced with customary platitudes such as “We take particular pride in the breadth and depth of our partnership” and “We are convi ...

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