56% of Moroccans living abroad actively invest
According to recent Moroccan govt figures, 56% of Moroccans living abroad make investments in Morocco or in their country of residence.
French
http://www.jeuneafrique.com/jeune_afrique/article_depeche.asp?art_cle=XIN70027plusdstneme0
IsDB grants SAMIR USD 200Mn to fund crude oil import
The Islamic Development Bank (IsDB) has granted State-owned refinery, SAMIR, USD 200Mn to finance crude oil import from an IsDB country.
English
http://www.map.ma/eng/sections/imp_economy/isdb_grants_samir_us/view
Port Lixus, Morocco real estate takes shape
A new luxury resort in Larache, Morocco is rising along the Atlantic coastline and is already a target for international real estate investors.
English
http://www.homesgofast.com/view_news/391/
Morocco launches first micro-solar PV Station in Africa
The Moroccan electricity utility (ONE) on Thursday launched a USD 350Mn micro-solar photovoltaic (PV) station in Tit Melli (Casablanca), to be the first of its kind in Africa, said the ONE project manager, Abdelmajid Essaigh.
English
http://www.map.ma/eng/sections/imp_economy/morocco_launches_fir/view
Tethys Oil signs Petroleum Agreement in Morocco
Tethys Oil has signed a Petroleum Agreement with the Moroccan state oil and mining company, ONHYM, and partners Dana Petroleum and Eastern Petroleum for the Bouanane Exploration Permits.
English
http://www.oilvoice.com/Tethys_Oil_signs_Petroleum_Agreement_in_Morocco/9882.htm Home insurance cover extended to Cape Verde and Morocco
With the news that some 800,000 families in Britain now own overseas property and in ever more remote locations, UK investors will be pleased to learn that HiFx is extending its cover to Cape Verde and Morocco.
English
http://news.realestatetv.tv/Home_insurance_cover_extended_to_Cape_Verde_and_Morocco_18180804.html
Ubisoft to strengthen presence in Morocco; plans 150 recruitments by 2010
French games developer Ubisoft Entertainment said it is to strengthen its presence in Morocco with 'the expansion of its studio in Casablanca', and plans to recruit 150 extra staff by 2010.
English
http://www.forbes.com/business/feeds/afx/2007/06/14/afx3822048.html
Transport strikers and Moroccan government reach agreement
At a meeting in early June, representatives of the Moroccan government and transport unions identified steps to move forward in resolving disputes over a draft highway law which drivers and haulers found too strict.
English
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2007/06/13/feature-01
Morocco's non-agricultural GDP expected to increase by 5.5%
Morocco's non-agricultural gross domestic product is expected to post a 5.5% rise during this year, which will reduce the impact of drought on Moroccan economy, according to the Moroccan Finance minister.
English
http://www.map.ma/eng/sections/economy/morocco_s_non-agricu/view
Moroccan state fund CDG raises stake in TUI to more than 5 pct
TUI AG said Moroccan state-owned investment funds Caisse de Depot et de Gestion Group (CDG) has raised its stake in the German tourism and shipping company to just over 5 pct from 1.6 pct as of June 8.
English
http://www.hemscott.com/news/latest-news/item.do?newsId=45163728699673
Launch of a major project to tackle drought in Morocco
A project designed to support Morocco’s National Water Economy Plan was launched today in an effort to combat the country’s water shortage problem, according to the Food and Agriculture Organization of the United Nations (FAO).
English
http://www.fao.org/newsroom/en/news/2007/1000595/index.html
Morocco railways eye change in network extension bid
Morocco's national rail service, ONCF, plans to become a limited company from January in order to ease financing for extending its network, its chief said in an interview Tuesday.
English
http://www.metimes.com/storyview.php?StoryID=20070612-101559-4603r
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