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Carester Unveils Plans for Groundbreaking Rare Earth Recycling Plant in Europe
In a groundbreaking move toward sustainable technology, Carester is set to launch a state-of-the-art rare earth recycling plant in Lacq, France, by the end of 2026.With an impressive backing of 216 million euros from the French government and Japanese partners, this facility—named Caremag—aims to position Europe as a global leader in rare earth production.
Tragic Blaze Engulfs Tiznit Migrant Camp, Claiming Lives and Igniting Safety Concerns
The recent Tiznit incident marks a tragic chapter in the ongoing struggles faced by undocumented migrants in Morocco.A devastating fire tore through a makeshift camp in Tiznit, claimed the lives of a woman and her daughter from the Ivory Coast, and resulted in numerous injuries.
Morocco Launches Dynamic BAM Initiative to Boost VSE Financing Support and Fuel Growth
In a groundbreaking move to enhance economic growth, Bank Al-Maghrib (BAM) has unveiled a new support program designed specifically for very small enterprises (VSEs) in Morocco.This initiative, announced by BAM’s Wali, Abdellatif Jouahri, on March 18, offers participating banks refinancing at a preferential rate, significantly improving access to credit for VSEs.
Cities Worldwide Accelerate Decarbonization in Building Sector: Major Progress Amidst Rising Challenges
The urgent call for decarbonization in the building sector has never been more critical, as this energy-intensive industry accounts for 34% of global CO2 emissions.Despite a promising 10% reduction in energy consumption since the Paris Agreement was established, new data from the UN Environment Programme reveals that these strides are still insufficient to meet the necessary targets for carbon neutrality by 2050.
Settat Motorcycle Tragedy: Two Lives Lost in Devastating Collision
A tragic motorcycle accident in Settat has claimed the lives of two young men, raising urgent questions about road safety in the region.Occurring just before the Maghrib prayer at the Al-Khayr complex, this devastating incident highlights the growing concerns over motorcycle safety and adherence to traffic laws in Morocco.
Daring Drug Smuggling Operations in Tangier Exposed: Helicopter Delivery Routes Unveiled
Drug smuggling in Tangier has taken a daring turn, as recent incidents reveal drug trafficking organizations employing sophisticated methods, including helicopter operations.A notable case emerged last week when authorities intercepted a small helicopter that had transported significant drug supplies from Ksar al-Sghir, sparking investigations into a possible trafficking network operating in the Fahs-Anjra region.
Khémisset Court Convicts Contractor in Major Forgery Scandal Exposing Widespread Corruption
In a shocking turn of events, the forgery scandal in Khémisset has captivated the public and drawn attention to rampant corruption within municipal ranks.Following a damning investigation, a notable Khémisset contractor along with three municipal employees—including a civil status officer—were recently convicted for their roles in falsifying crucial documents linked to a bribery case in Rabat.
Uncovering the Dutch Fraud Network: Police Raid Operations Unveil Scams in Major Cities
A shocking fraud network in the Netherlands, helmed by a Moroccan fraud ring and supported by a complex web of family ties, has been dismantled, revealing a troubling link to a notorious Dutch sewer cleaning scam.This criminal family investigation has unveiled fraudulent business practices that victimized countless Dutch citizens, who were misled into paying inflated invoices for substandard services.
Educational Administrators Halt Operations Amidst Budget Crisis, Impacting Schools Across the District
In a bold move signaling unrest within the education sector, educational administrators have declared a comprehensive suspension of all operations related to the Support Association of the Success School, effective Tuesday.This drastic decision comes amid growing concerns over school administration issues following the collective resignations of regional directors, raising alarms within the national education ministry.
Bank Al-Maghrib Raises Interest Rates to Combat Inflation Amidst Economic Uncertainty in Morocco – March 2025 Update
In a pivotal move during its first quarterly meeting of 2025, the Bank Al-Maghrib (BAM) announced a reduction of its key interest rate by 25 basis points, adjusting it to 2.25%.This decision underscores the Morocco central bank’s commitment to fostering economic growth and job creation amidst a stabilizing inflation forecast.