Latest News (3 March 2008 - 29 June 2009)

For more Morocco related news headlines, please visit Morocco News Line.

29 June 2009

Morocco achieved 'significant' progress in implementing economic reforms, USAID

Morocco achieved a "steady, significant and substantial" progress in implementing reforms for economy liberalization, democratization and good governance, Director of the United States Agency for International Development (USAID) in Morocco said on Monday.

English

http://www.map.ma/eng/sections/box4/morocco_achieved__si/view

 

UNCTAD hails Morocco's economic ties with African countries

The United Nations Conference on Trade and Development (UNCTAD) has hailed Morocco's efforts to strengthen economic ties with African countries.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093255480

26 June 2009

Morocco urges international community to strengthen support to developing countries

Minister of Economy and Finance, Salaheddine Mezouar, urged Thursday the international community to strengthen its support to developing countries, notably Africa and, initiate an urgent reform of the international financial architecture.

English

http://www.isria.com/pages/26_June_2009_35.htm

25 June 2009

Europe to get Electricity from Sahara

A 400-billion euro ($554 billion) project linking solar power produced in the Sahara to energy users in Europe and North Africa is a "win-win" for both continents and could also promote integration around the Mediterranean.

English

http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE55N2WV20090624

23 June 2009

Morocco tourism sector to create 60,000 new jobs

Morocco plans to create 60,000 new jobs in the hotel sector by the end of 2012, Tourism Minister Mohamed Boussaid said at a national tourism conference Sunday (June 21st) in Saidia.

English

http://www.zawya.com/Story.cfm/sidZAWYA20090623041130/Morocco%20tourism%20sector%20to%20create%2060,000%20new%20jobs%20

EIU highlights Morocco's efforts to counter effects of world economic crisis

British group, the Economist Intelligence Unit (EIU), has highlighted the efforts made by the Moroccan government to support the economic activity during the global economic crisis.

English

http://www.map.ma/eng/sections/box2/eiu_highlights_moroc/view

22 June 2009

Morocco posts budget surplus of $4.5mln up to April

The implementation of the Finance Act showed a state budget surplus of 3.7 billion dirhams (457 million U.S. dollars) up to April 2009, down from 12.7 billion dirhams a year earlier, Morocco's Finance Ministry said.

English

http://www.map.ma/eng/sections/last_economy/morocco_posts_budget/view

Moroccan tourism professionals optimistic despite crisis

Moroccan officials and tourism professionals concluded a meeting of the tourism board in Saïda on Saturday (June 20th), agreeing to undertake new measures to protect the vital sector from the worst effects of the global economic crisis.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/06/22/feature-03

17 June 2009

Morocco plans port expansion with eye to recovery

Morocco is pressing ahead with a 9.25 billion dirham ($1.14 billion) port expansion near Tangier to ensure it is well placed to benefit from a future recovery in world trade, government ministers said.

English

http://www.forexpros.com/news/general-news/morocco-plans-port-expansion-with-eye-to-recovery-63745

16 June 2009

The Moroccan economy really is a shining beacon in a world of gloom

The main reason for Morocco's excellent economic performance is the record levels of rainfall in the country since last year, which is leading to massive growth in food production and agricultural exports. But even taking food out of the equation Moroccan economic growth was still recorded at 1.9% across all other sectors in the first quarter of this year.

English

http://www.live-pr.com/en/the-moroccan-economy-really-is-a-r1048286006.htm

 

15 June 2009

Renault says on track to build plant in Morocco-CEO

France's No.2 carmaker Renault is going ahead with plans to build a factory to produce low-cost vehicles in Morocco despite the global downturn, the company's chief said on Monday.

English

http://www.forbes.com/feeds/afx/2009/06/15/afx6545212.html

Emirati group Al Futtaim to build Moroccan residential community

Bouzinka, Morocco will be the site of a new multi-billion dollar planned community for 40,000 residents, Dubai-based Al Futtaim Group announced on Sunday (June 14th). The site will also include retail and leisure facilities.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/06/15/newsbrief-05

12 June 2009

Alcoa expands fastening systems into Morocco

Alcoa Inc's Alcoa Fastening Systems business unit said Thursday that it completed the acquisition of Demicron SNC, which it will integrate into Alcoa Fixations Maroc of Morocco, for undisclosed terms.

English

http://in.reuters.com/article/governmentFilingsNews/idINN1133773420090611

11 June 2009

Morocco among top ten competitive countries in Africa, report

Morocco is in the 5th place with a score of 4.1 points after Tunisia (4.6 points), South Africa (4.4 points), Botswana (4.2 points) and Mauritius (4.2), said the report released in Cape town on the sidelines of the 19th World Economic Forum (WEF), held from on June 10-12.

English

http://www.map.ma/eng/sections/last_economy/morocco_among_top_te/view

10 June 2009

Morocco well resilient amid global crisis, AEO

Morocco has shown resilience amidst the global crisis and the country's climate of business continues to modernise, said the 8th African Economic Outlook (AEO), to be presented Friday in Rabat.

English

http://www.map.ma/eng/sections/last_economy/morocco_well_resilie/view

Morocco- Consumer credits increase 15.7% in Q1

Consumer credits increased 15.7% in the first quarter of the year, reaching MAD 36.2 billion, said the professional association of financing companies (APSF).

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093252898

9 June 2009

Marrakech's Iconic Hotel La Mamounia To Re-Open

Mamounia, Marrakech's iconic hotel will re-open its doors on September 29, 2009 following an extensive restoration project led by internationally acclaimed interior designer, Jacques Garcia.

English

http://www.luxurytravelmagazine.com/news-articles/marrakechs-iconic-hotel-la-mamounia-to-re-open-13739.php

Morocco to host World Economic Forum

The 2010 World Economic Forum will be held in Marrakech next October, Moroccan Prime Minister Abbas El Fassi announced Monday (June 8th) in Rabat, after signing a memorandum of understanding with the WEF. Over 12,000 businessmen, government officials and civil society activists are expected to discuss Euro-Mediterranean co-operation.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/06/09/newsbrief-05

6 June 2009

U.S. grants Morocco $280 thousand to develop port traffic

The United States Trade and Development Agency (USTDA) has granted Morocco's port agency (ANP) 280 thousand U.S. dollars to fund the technical development of the Vessel Traffic System (VTS).

English

http://news.xinhuanet.com/english/2009-06/09/content_11510461.htm

Casablanca tram project manager appointed

Casablanca tram development company Casa Transports has appointed a consortium of Systra and Moroccan firm CID Engineering & Development Consultants as project manager for the city's light rail scheme.

English

http://www.railwaygazette.com/news_view/article/2009/06/9690/casablanca_tram_project_manager_appointed.html

 

5 June 2009

Morocco, role model in rural electrification in Africa, expert

Morocco stands out as a role model in the field of rural electrification in Africa, expert and consultant MENA/Africa, Belkacem Boutayeb, said on Friday. Morocco's achievements in the area of rural electrification, a key element to reach sustainable development, enabled it to become an example for other African countries, Boutayeb told MAP on the sidelines of the closing session of the 3rd African Forum of Electric Energy held on June 4-5.

English

http://www.map.ma/eng/sections/last_social/morocco_role_model/view

Moroccan economy grew 5.6% in 2008, official

Moroccan economy posted a growth rate of 5.6% in 2008 against 2.7% in 2007, according to the High Planning Commissioner (HCP) in its provisional national accounts.

English

http://www.map.ma/eng/sections/last_economy/moroccan_economy_gre/view

29 May 2009

World to emerge from crisis in early 2010-IMF chief

"We expect to get out of the crisis early in 2010, especially if a clean-up of certain segments of the financial system is carried out," IMF Managing Director Dominique Strauss-Kahn told a conference in Morocco.

English

http://www.reuters.com/article/GCA-Economy/idUSTRE54S3A820090529

28 May 2009

Morocco encourages further MRE investments

The Moroccan government has drawn up a new anti-crisis plan, but this time to encourage Moroccans living abroad (MRE) to further invest in their country of origin.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093251006

USAID Announces Partnership With RAED on Climate Change and Water Issues

The U.S. Agency for International Development (USAID) and the Arab Network for Environment and Development (RAED) announced today a strategic partnership working to increase regional capacity and awareness in the Middle East and Northern African (MENA) region.

English

http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/05-28-2009/0005034370&EDATE=

27 May 2009

Morocco Beef Opens Doors for U.S. Grain

The U.S. Grains Council sees a great opportunity for America's corn growers in Morocco. With the announcement of an incentive program to establish 20 to 30 large beef feedlots and ten modern meat processing facilities designed to increase domestic beef production by 80% by 2020.

English

http://www.farmfutures.com/ME2/dirmod.asp?sid=CD26BEDECA4A4946A1283CC7786AEB5A&nm=News&type=news&mod=News&mid=9A02E3B96F2A415ABC72CB5F516B4C10&tier=3&nid=C61E1763B9C14CA98098713FA1939702

Arab Fund lends Morocco $219 mln for highway, dam

Morocco has received a $219.3 million loan to finance two highway projects and a dam from the Kuwait-based Arab Fund for Economic and Social Development, Moroccan officials said on Tuesday.

English

http://www.iii.co.uk/news/?type=afxnews&articleid=7339482&action=article

UNECA hails Morocco's stimulus measures

The United Nations Economic Committee for Africa (ECA) has hailed the measures that Morocco has taken to alleviate the effects of the international crisis and boost growth.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093250798

12 May 2009

UAE lays foundation for Morocco project

General Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and  Prince Moulay Rachid of Morocco, on Tuesday laid the foundation stone of the $750 million-residential and tourist complex "Bab Al Bahr" in Morocco.

English

http://www.gulfnews.com/nation/Government/10313228.html

Anantara Resorts Announces Development in Morocco

Anantara Resorts, a leading hospitality and leisure organization in the Asia-Pacific region, is set to manage two unique five-star resorts in Morocco. This marks Anantara’s first entry into the African market.

English

http://www.ftnnews.com/content/view/5939/26/lang,english/

Moroccan economy grows despite crisis

Morocco's economy will grow 5.4 per cent this year despite the international economic crisis, Moroccan media Tuesday quoted the African Development Bank (AfDB) as saying.

English

http://www.monstersandcritics.com/news/business/news/article_1476697.php/Moroccan_economy_grows_despite_crisis_

 

11 May 2009

Morocco unveils Export Plus programme to boost foreign trade

European markets continue to face the global financial crisis and the Moroccan export sector - heavily dependent on customers in Europe - is feeling the fallout. To maximize exports into the region, encourage greater co-operation with foreign partners and counter the anticipated downturn in 2009, Morocco last week launched new strategic plan.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/05/11/feature-01

Maroc Telecom first-quarter revenue up 2.4 pct

Moroccan phone company Maroc Telecom reported a 2.4 percent increase in first-quarter revenue on Monday as growth in its customer base offset declining income per user.

English

http://www.forbes.com/feeds/afx/2009/05/11/afx6404691.html

North Africa Holding Reinforces Assoufid

Kuwait based investment company, North Africa Holding Company, announced a new partnership deal with the promoters and developers of the Euro 170 million Assoufid real estate project in Marrakech today.

English

http://www.albawaba.com/en/countries/Kuwait/245590

8 May 2009

Agreement for promoting investments in Morocco

An agreement for promoting investments in Morocco was signed this week-end in Barcelona, on the sidelines of an economic forum themed "investment opportunities in Morocco" by the Club of Foreign Moroccan Investors (CIME) and the Federation of Moroccan Cultural Entities in Catalonia (FECCOM), the agreement aims at the reinforcement of coordination between institutions and economic agents based both in Morocco and in Catalonia.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093247695

USTDA grants Morocco $463k to improve fisheries sector

The United States Trade and Development Agency (USTDA) and Morocco's state fisheries office (ONP) signed on Tuesday a financing agreement worth 3.8 million dirhams (462,970 dollars) to improve the fisheries' cold chain.

English

http://www.map.ma/eng/sections/last_economy/ustda_grants_morocco/view

Marrakech: a city of contrasts

Marrakech is Morocco’s most popular tourist destination and April its busiest month, but ever since the global financial crisis started to hit the Red City, tourism officials have been forced to think of new ways to keep the travelers coming.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/reportage/2009/05/08/reportage-01

 

7 May 2009

'Maroc Export plus' plan launched to boost exports

Minister of Foreign Trade Abdellatif Maâzouz announced, Wednesday in Rabat, a ten-year plan to boost exports.  Dubbed "Maroc export plus", the plan aims to consolidate the achievements made in the exports sector and at the gradual positioning of the Kingdom in many strategic markets.

English

http://www.map.ma/eng/sections/box4/maroc_export_plus/view

6 May 2009

Coral Hotels and Resorts signs its biggest project in Morocco with YNNA Holdings

Coral Hotels & Resorts has signed today at the Arabian Travel Market a management contract with YNNA Holdings for a palatial 5-star property in Morocco called Coral Mogador, Agdal - Marrakech.

English

http://www.ameinfo.com/195409.html

Morocco's reforms explain its resistance to economic downturn, UNECA

Reforms undertaken by Morocco partially explain its good resistance to the global economic meltdown, according to a report by the United Nations Economic Commission for Africa (UNECA), Office for North Africa.

English

http://www.map.ma/eng/sections/last_world/morocco_s_reforms_ex/view

5 May 2009

Rezidor to grow its Moroccan footprint

The Rezidor Hotel Group is expanding its portfolio in Morocco with the Radisson Blu Hotel, Marrakech Carré Eden. The property will feature 204 rooms and be open for operations in 2011.

English

http://www.hospitalitybizindia.com/detailNews.aspx?aid=4622&sid=1

Despite crisis, investments continue to rise in Morocco, Minister

Despite the international crisis, investments continue to rise in all sectors in Morocco, Minister of Industry, Trade and New Technologies, Ahmed Reda Chami said on Monday.  Speaking during a programme aired on Morocco's 2M TV, Chami said "investments continue to take place and they posted a rise compared to last year."

English

http://www.map.ma/eng/sections/box1/despite_crisis_inve/view

4 May 2009

Growth rate expected to exceed 5% in 2009, Finance Minister

Moroccan Finance Minister, Salaheddine Mezouar, expected the growth rate to exceed 5% this year despite the repercussions of the global economic and financial crisis that hit some sectors.

English

http://www.map.ma/eng/sections/economy/growth_rate_expected_3/view

1 May 2009

Profits of listed companies shows distinct improvement in 2008

The profits and gross net output of companies listed on the market showed, in general, a distinct improvement in 2008 compared to 2007, financial analysts said on Tuesday in Casablanca.

English

http://www.map.ma/eng/sections/economy/turnover_of_listed_c/view

30 April 2009

Morocco's ONCF, ONE to receive Spanish funds

Morocco's electricity and railway public utilities, ONE and ONCF respectively, will receive funds from the Spanish Institute for Official Credit (ICO) to finance their development projects. For this purpose, the three institutions signed two agreements in the presence of Morocco's Minister of economy and finance, Salaheddine Mezouar, and the Spanish Ambassador in Morocco, Luis Planas.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093246515

29 April 2009

Air Arabia Maroc officially launches

Air Arabia Maroc, Morocco’s new low-cost carrier (LCC), held an official ceremony today at Mohammed V Airport in Casablanca to mark the carrier’s launch.

English

http://www.albawaba.com/en/countries/Morocco/244728

28 April 2009

Town is 'emerging secret' of Morocco

The town of Moulay Idriss is emerging as a new tourism destination in Morocco, it has been suggested.  In a feature on the location, the Times suggested that the settlement, which has deep historic and spiritual significance in the country, is becoming progressively more welcoming to outsiders, belying its image as a hostile and inhospitable place.

English

http://www.propertyshowrooms.com/morocco/property/news/town-emerging-secret-morocco_170668.html

 

IMF lauds good performance of Morocco's economy

The International Monetary Fund (IMF) has lauded the Moroccan economy's good performance and "resilience" amid global economic turmoil. This came during meetings in Washington with a Moroccan delegation, held on the sidelines of the spring meetings of the World Bank (WB) and the IMF (April 25-26).

English

http://www.map.ma/eng/sections/box1/imf_lauds_good_perfo/view

27 April 2009

Banks in North Africa remain resilient to global market dislocations but face local risks, says S&P

Banks in North Africa appear resilient to the global financial storm that has hit numerous financial institutions around the globe said Standard & Poor's Ratings Services in a new report, 'Banks In North Africa Are Holding Up Under The Global Financial Storm But Face Local Headwinds'.

English

http://www.bi-me.com/main.php?id=35393&t=1&c=33&cg=4&mset=

Morocco launches development study

Morocco launched on Wednesday in Rabat a prospective study to further develop the residential real estate sector by the year 2020. Presented by Housing Minister Taoufik Hejira, this study aims at proposing a strategy for the development of the real estate sector, the preparation of regional and local plans for property investment, and the creation of an observatory.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093245485

24 April 2009

Virginia Gov. hails quality of Moroccan-U.S. relations

Visiting Governor of Virginia State, Timothy M. Kaine, hailed on Friday the quality of Moroccan-American relations, especially in the economic field. Kaine, who was speaking to the press, following a meeting with Moroccan Foreign Minister, Taib Fassi Fihri, expressed the will of the State of Virginia to further consolidate cooperation with the North African country in the port sector.

English

http://www.map.ma/eng/sections/box2/virginia_gov._hails/view

23 April 2009

Morocco says ready to help Somalia upgrade economic structure

Morocco European Communities ambassador, Menouar Alem told the International Donor Conference for Somalia, gathered in Brussels, that the north African country is ready to help this country through a technical cooperation to recover its economy.

English

http://www.map.ma/eng/sections/last_world/morocco_says_ready_t/view

22 April 2009

BMW to debut new look in Morocco

BMW has announced that it will debut the latest version of its 320si during the next round of the World Touring Car Championship in Morocco.

English

http://www.crash.net/wtcc/News/145653/1/bmw_to_debut_new_look_in_morocco.html

Asian carmakers in talks on Morocco plants

Asian carmakers are in talks with the Moroccan government to set up plants with a capacity that could exceed 200,000 cars a year, a local car industry group said on Tuesday.

English

http://news.alibaba.com/article/detail/cars/100088826-1-asian-carmakers-talks-morocco-plants.html

Manpower, EFE to help Mena job-seekers

Manpower, leading employment services provider, has entered into a joint drive with the Education For Employment Foundation (EFE) to provide training and job prospects for first-time job seekers, especially in the Mena region.

English

http://www.tradearabia.com/news/newsdetails.asp?Sn=EDU&artid=160084

Moroccan entrepreneurship initiative shows success

Morocco has financed 1,492 projects, created 1,125 businesses, and generated 5,224 jobs since the 2006 launch of the Moukawalati (My Enterprise) programme, Moroccan Employment Minister Jamal Rhmani said Tuesday (April 21st) in Rabat.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/04/22/newsbrief-05

 

21 April 2009

New investment projects to create 10,000 Moroccan jobs

Morocco's Investment Commission approved 16 new tourism, electronics, mines, glass industry and transport projects totaling 21.89 billion dirhams.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/04/21/newsbrief-06

Morocco: record grain harvest in 2009

The 2009 cereal harvest will be exceptional, with 102 million quintals, or 69% more than a normal year with abundant rainfall, said Tuesday the Minister of Agriculture Aziz Akhenouch.

English

http://www.ennaharonline.com/en/economy/993.html

Research and Markets: Total Wireless Subscribers in Morocco to Reach 32 Million in 2013

Total Wireless Subscribers in Morocco to Reach 32 Million in 2013 with Medi Tel and Wana Taking Market Share Away From Maroc Telecom.

English

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090421005917&newsLang=en

Formal trade agreement between Morocco & Canada sought

Keystone Agricultural Producers (KAP), the Agricultural Producers Association of Saskatchewan (APAS), and Wild Rose Agricultural Producers (WRAP) said in a release they are encouraged that the federal government has engaged in discussion with the Kingdom of Morocco on opportunities for a free trade agreement

English

http://www.manitobacooperator.ca/issues/ISArticle.asp?id=99039&PC=FBC&issue=04212009

20 April 2009

On Location: Morocco

DigitalProductionME.com takes a look at filming locations in Morocco and the services the country provides to filmmakers.

English

http://digitalproductionme.com/article-1151-on_location_morocco/

17 April 2009

Morocco, Canada to intensify trade

Morocco and Canada agreed, on Thursday, to intensity bilateral trade and investment during a meeting between Moroccan Foreign Trade Minister, Abdellatif Maâzouz, and visiting Canadian agriculture minister, Gerry Ritz.

English

http://www.isria.info/en/17_April_2009_49.htm

16 April 2009

Morocco- Government signs agreements with 16 regions

It seems that this year's abundant rainfalls have heartened the Moroccan government to further promote the agricultural sector. A number of partnership agreements relating to agriculture, water and the environment were signed on Tuesday.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093244096

Morocco's OCP profit soars 9 times on prices rise

Morocco's Office Cherifien de Phosphate (OCP), the world's leading phosphate exporter, posted a 9 times net profit increase to 23.4 billion Moroccan Dirham ($2.8 billion) last year mainly on higher prices, its chief executive said on Wednesday.

English

http://www.forbes.com/feeds/afx/2009/04/15/afx6294509.html

$2.6mln projects in Morocco under way

Some 32 investment projects, worth 22 billion dirhams (2.6 million dollars), are currently scheduled in various sectors following their approval during the latest meeting of the ministerial commission of investments, Prime minister, Abbas El Fassi, said on Wednesday.

English

http://www.map.ma/eng/sections/economy/2.6mln_projects_in/view

15 April 2009

MoneyGram Introduces Cash to Card Money Transfers in Morocco

MoneyGram International a leading provider of global payment services, announced today it has expanded its money transfer services in Morocco with the introduction of a cash-to-card program offered by the company's agent Credit du Maroc.

English

http://www.tradingmarkets.com/.site/news/Stock%20News/2272955/

Engineers begin work on Moroccan high-speed rail link

Morocco is moving forward with plans to expand its rail network by building a high-speed rail service linking Tangier to Casablanca. A new TGV line will cut travel times between the two cities from more than five hours to a bit more than two.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/04/15/feature-02

US consulate general launches new visa programme for Moroccan businessmen

The US general consulate in Casablanca, in partnership with the US chamber of commerce in Morocco, launched, Tuesday, a new visa programme for Moroccan businessmen.

English

http://www.map.ma/eng/sections/last_general/us_consulate_general/view

Morocco's Cosumar eyes sugar assets abroad

Moroccan sugar producer Cosumar, which posted an 89.6 percent net-profit increase last year, is looking to acquire sugar assets in Brazil and Africa, its chief executive officer said on Tuesday.

English

http://af.reuters.com/article/investingNews/idAFJOE53E01E20090415

Moroccan banks did well in 2008

Moroccan banks did well in 2008, despite the international financial crisis. They provided an overall amount of credits reaching MAD 512 billion and received up to MAD 564 billion of deposits.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093243927

14 April 2009

Morocco takes measures to promote agriculture, water, environment sectors

Several partnership agreements on agriculture, water and environment were signed, on Tuesday, under the chairmanship of King Mohammed VI. The agreements are part of the agricultural strategy "Green Morocco Plan" and the national water strategy.

French

http://www.map.ma/eng/sections/box1/morocco_takes_measur/view

13 April 2009

Financial data Processing Unit created in Morocco to fight money laundering

Prime Minister, Abbas El Fassi, on Friday, presided over the installation ceremony of the chairman and members of the Financial Data Processing Unit (UTRF).  Besides collecting, processing and disseminating financial data, this new body is meant to ensure coordination among administrations, public institutions and artificial persons to fight money laundering.

French

http://www.map.ma/eng/sections/economy/financial_data_proce/view

9 April 2009

RAM signs ten-year distribution agreement with Amadeus

Morocco's flag carrier, Royal Air Maroc (RAM), signed on Tuesday a 10-year distribution agreement with Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry, RAM said in a press release.

English

http://www.map.ma/eng/sections/economy/ram_signs_ten-year_d/view

8 April 2009

Moroccan elected vice-chairman of Arab businessmen group

Morocco's Chafik Rachadi has been elected vice-Chairman of the Arab Business Group at the ongoing 36th Arab Labor conference, held in the Jordanian capital, Amman.

English

http://www.map.ma/eng/sections/box5/moroccan_elected_vic/view

7 April 2009

Morocco, Tunisia open high joint commission

Moroccan Prime Minister Abbas El Fassi welcomed his Tunisian counterpart Mohammed Ghannouchi Monday (April 6th) in Rabat for the 15th session of the Moroccan-Tunisian high joint commission. Discussions will focus on bilateral co-operation in trade, technology, customs and finance.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/04/07/newsbrief-07

Fourth international Agriculture Fair in Morocco will be a success, event commissioner

General Commissioner of the International Agriculture fair in Morocco (SIAGRIM), Jaouad Chami voiced confidence in the success of the fourth edition of this event, due on April 22-27 in the central city of Meknes.

English

http://www.map.ma/eng/sections/last_social/fourth_international/view

6 April 2009

Morocco's economic growth up 5.4% in 2008, HCP

The High Planning Commission (HCP) said the national economy growth rate has reached 5.4 % in 2008, on good agricultural performance, up from 2.7 a year earlier.

English

http://www.map.ma/eng/sections/economy/morocco_s_economic_g/view

 

3 April 2009

'Morocco has opportunity to offer high-quality goods at lower cost', OBG

The London-based Oxford Business Group (OBG) pointed on Thursday to the kingdom's economic achievements, saying that "at a time when European economies are contracting, Morocco has the opportunity to offer high-quality goods at a lower cost."

English

http://www.map.ma/eng/sections/box5/morocco_has_opportu/view

Morocco: Natural gas discovery to ease strain on budget

The finding of the two natural gas reserves comes only a few weeks after three onshore wells were dug in the Gharb as part of efforts by the Moroccan government to develop its energy resources.

English

http://en.afrik.com/article15533.html

23 March 2009

Public boarding schools help Moroccan girls continue education

An innovative boarding school programme in Morocco is reducing the delinquency rate for female students.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/reportage/2009/03/2/reportage-01

International NGO calls for investigation into Polisario's embezzlement of aid

The International Democratic Centre (IDC), an international rights NGO, called on Monday for setting up a fact-finding commission to look into the Polisario's embezzlement of humanitarian aid sent to the population held in the Tindouf camps, south west of Algeria.

English

http://www.map.ma/eng/sections/social/international_ngo_ca/view

20 March 2009

Morocco:WB Approves the First Development Policy Loan in Support of the Solid Waste Sector

The World Bank’s Board of Executive Directors on March 19 approved a Municipal Solid Waste Sector Development Policy Loan in the amount of US 132.7 million.

English

http://finchannel.com/index.php?option=com_content&task=view&id=32352&Itemid=9

Morocco: Royal Air Maroc to increase aircraft fleet

Official sources from Royal Air Maroc (RAM) have revealed that the company will order six new aircraft before the end of March. RAM is among the African companies that are highly profitable and aims at strengthening its Boeing fleet to reach 50 aircraft.

English

http://en.afrik.com/news12676.html

Moukawalati generated over 5,100 jobs by end January

Some 5,167 jobs have been created by January 2009 within the framework of the Mukawalati (my enterprise) program, devised to prop up young people's businesses.

English

http://www.map.ma/eng/sections/economy/moukawalati_generate/view

China grants Morocco $1.5m to rev up technological cooperation

China has granted Morocco 10 million yuan (about $1.5 million) to fund bilateral cooperation projects in the field of technology, local MAP news agency reported late Thursday.

English

http://www.chinadaily.com.cn/bizchina/2009-03/20/content_7601803.htm

Moroccan developer CGI 2008 net profit up 38 pct

Moroccan real estate developer Cie. Generale Immobiliere reported 38 percent growth in 2008 net profit as new projects came to fruition and said the global economic crisis would not disrupt its plans.

English

http://www.moneybiz.co.za/business_in_africa/Moroccan_developer_CGI_2008_net_profit_up_38_pct.asp

 

17 March 2009

Supermarket business flourishing in Morocco

Dominated for a long time by traditional small shops, the retail business in Morocco is witnessing a significant transformation with the opening of national supermarkets and the recent coming of new international ones.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093238522

13 March 2009

Africa Conference Debates Way Forward Amid Crisis

Africa’s banking sector has not yet suffered as much as financial sectors in other parts of the world. In Morocco, for example, net profits in the banking sector are expected to grow at around 15 percent this year, said Mohamed Benchaaboun, CEO of Morocco’s Banque Centrale Populaire.

English

http://www.imf.org/external/pubs/ft/survey/so/2009/CAR031309A.htm

11 March 2009

King launches new urban zone in Fez for $ 93.8 mln

King Mohammed VI launched Wednesday a new urban pole in the province of Moulay Yakoub in the northern city of Fez for a sum amounting to 812 million dirhams (93.8 million dollars).

English

http://www.map.ma/eng/sections/box1/king_launches_new_ur/view

 

10-March 2009

Manufacturing: The Rise of the Maghreb

The Maghreb's appeal is obvious. It's in the Continent's backyard: Tangier lies just eight miles from Spain across the Strait of Gibraltar. The region's governments are relatively stable and business-friendly. And it's cheap, with factory wages averaging $195 to $325 a month. Compare that with the average $671 monthly paid by French automaker Renault at its Dacia Logan factory in Romania.

English

http://www.businessweek.com/magazine/content/09_11/b4123038640646.htm

9-March-2009

Morocco posted budget surplus for two consecutive years, official

The Moroccan economy made progress in several fields in recent years, as a budget surplus was posted for two consecutive years, the international weekly, Jeune Afrique said, quoting High Commissioner for Planning Ahmed Lahlimi in its latest edition, adding that the 2009 budget is expected be expansionist.

English

http://www.map.ma/eng/sections/box5/morocco_posted_budge/view

6-March-2009

Troon Golf to manage golf resort in Morocco

The $350 million Mazagan Resort will be completed by autumn 2009 and will consist of an 18-hole golf course, a 500-room hotel, 12 restaurants, a luxurious spa, casino, nightclub and a conference centre.

English

http://www.golf-monthly.co.uk/tours-and-news/industry/311921/troon-golf-to-manage-golf-resort-in-morocco.html

Morocco to invest $10 bln in energy projects

Morocco, the only North African state without oil of its own, plans to invest 90 billion dirhams ($10.29 billion) in projects across the energy spectrum, its energy minister said on Friday.

English

http://www.iii.co.uk/news/?type=afxnews&articleid=7205706&action=article

5-March-2009

Pilot programme trains female entrepreneurs in Morocco

To help women start small businesses and achieve financial independence, the Chorouk Centre for Social Development recently launched a two-part training programme in Fez.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/03/05/feature-02

4-March-2009

Experts highlight need for efficient competition policy to protect national economy

Setting up an efficient competition policy is a guarantee for protecting the national economy from monopolization, international experts underlined at a meeting held Tuesday in Rabat.

French

http://www.map.ma/eng/sections/economy/experts_highlight_ne/view

3-March-2009

Morocco, guest of honour at Ecorismo 2009 fair

Morocco will be the guest of honour at the Ecorismo 2009 Fair, an event dedicated to environment-friendly tourism, slated for March 17-18 in Arles (southern France).

English

http://www.map.ma/eng/sections/economy/morocco_guest_of_ho/view

2-March-2009

France looks to its neighbors in the south

Morocco represents an economic opportunity that some European companies and educational establishments have been pursuing energetically, the daily says in its Monday issue, noting that the ambitions project Union for the Mediterranean (UPM),  seeks an institutional framework for such a burgeoning reality.

English

http://www.ft.com/cms/s/0/47e49910-06cb-11de-ab0f-000077b07658.html?nclick_check=1

27-February-2009

ColonyCapita/Satocan consortium maintains commitment to Taghazout resort project

ColonyCapita/Satocan consortium, in charge of developing the Taghazout luxury resort at the eastern end of Morocco's north Mediterranean coast at the borders with Algeria, said it maintains its commitment to carry out this project, whose "works proceed according to the planning set out initially."

English

http://www.map.ma/eng/sections/last_economy/colonycapita_satocan/view

26-February-2009

Morocco embarks on financial aid project to poor families

An unprecedented financial aid scheme to encourage mass education under the framework of the “Tayssir” proposal has been initiated in Morocco. Some 38,000 families with children enrolled in primary schools have already received financial aid ranging between 60 and 100 Dirham per month per pupil.

English

http://en.afrik.com/article15349.html

Morocco is leader in MENA region in human rights, US diplomat

Morocco's achievements in the area of human rights put it in a leading position in the MENA (Middle East and North Africa) region, said, on Thursday, Robert P. Jackson, acting chargé d'affaires at the US Embassy in Rabat.

English

http://www.map.ma/eng/sections/box3/morocco_is_leader_in/view

25-Feburary-2009

Maroc Telecom to stay on growth track in 09-chairman

Maroc Telecom, Morocco's leading telecoms group, will stay on a strong track of growth this year despite greater competition, company chairman said on Tuesday.

English

http://www.forbes.com/feeds/afx/2009/02/24/afx6089130.html

24-February-2009

Depa subsidiary wins $50m contract in Morocco

Depa Limited, one of the largest providers of interior contracting services worldwide, has announced that its Moroccan subsidiary DepaMar has been awarded a $50-million (Dh183 million) order by Kerzner International Developments at the Maz-agan Resort villas in El Jadida, on Morocco's Atlantic coast.

English

http://www.gulfnews.com/business/Industry/10289151.html

 

Moroccan microloan sector revises strategy

The National Federation of Microcredit Associations (FNAM) is hoping to give a new impetus to its work fighting poverty in Morocco. Microcredit has so far helped over 1,250,000 beneficiaries, for a total outlay of 5.69 billion dirhams.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/02/24/feature-02

20-February-2009

Over one million benefited from micro credits in 2008, FNAM

Over 1.2 million people benefited from micro-credits in 2008 in Morocco, Chairman of the national federation of micro-credit associations (FNAM), Tariq Sijilmassi said Thursday.

English

http://www.map.ma/eng/sections/last_economy/over_one_million_ben/view

Morocco hosts first cross-Maghreb road safety workshop

Maghreb road safety officials meet in Rabat to tackle the issue of traffic accidents. "Practical solutions to bring an end to this problem exist," said the president of Prévention Routière Internationale.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/02/20/feature-02

19-February-2009

Maghreb highway safety forum presses for region-wide initiatives

Moroccan Transport Minister Karim Ghellab opened the seminar by telling participants that he hoped the gathering would foster a real partnership among the five Maghreb countries to guarantee the safety of the region's citizens.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/02/19/newsbrief-03

Movie magic in Morocco

Naturally, now that the King of Morocco’s ambitious plans for economic diversification are coming to fruition as laid out and detailed in Vision 2010, the film industry is one to benefit even more from the new policies and legislation that have brought about greater business transparency in a successful bid to attract significant and sustainable levels of foreign direct investment.

English

http://www.themovechannel.com/news/88810ce9-4877/

Industrial pact to create 220,000 jobs in Morocco by 2015

King Mohammed VI presided over the signing Friday (February 13th) in Fez of the National Pact for Industrial Emergence, a collaborative agreement between the public and private sectors for industrial development in Morocco.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/02/19/feature-02

 

18-February-2009

Morocco announces re-launch of Moukawalati programme

In the hopes of easing the bureaucratic hurdles involved in setting up small businesses, Morocco re-launched a more accessible Moukawalati programme.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/02/18/feature-02

Morocco's energy strategy to be presented at conference early March in Rabat

The conference, the first of its kind, will ponder on a set of energy-related issues and highlight the need to implement the national energy strategy, which is devised to ensure energy supply, guarantee access to low cost energy and reduce energy dependency by diversifying energy resources and developing national energy potentials, Minister of Energy, Amina Benkhadra, said at a press briefing.

English

http://www.map.ma/eng/sections/economy/morocco_s_energy_str_2/view

Second Luxury Resort for Raffles in Morocco

Raffles Hotels & Resorts announced today that it will manage a new resort in Taghazout, Morocco. The resort, owned by global real estate investment firm Colony Capital, will be located along the pristine Atlantic coast north of Agadir.

English

http://www.earthtimes.org/articles/show/second-luxury-resort-for-raffles-in-morocco,719783.shtml

 

17-February-2009

Public and Private Sectors Unite to Advance Industry in Morocco

King Mohamed VI, ministers and leaders from the private sector assembled in Fes on Friday to inaugurate the country’s new National Industrial Emergence Pact.

English

http://www.lesafriques.com/en/morocco/public-and-private-sectors-unite-to-advance-industry-in-morocco.html?Itemid=35?articleid=0225

Circle Oil makes third Moroccan gas discovery

AIM-listed oil and gas exploration company Circle Oil (COPU.L: Quote) has made its third successful gas discovery in Morocco, the company said on Sunday.

English

http://www.yourindustrynews.com/circle+oil+makes+third+moroccan+gas+discovery_24212.html

13-February-2009

Morocco seeks to raise renewable energies share in power generation

Morocco seeks to raise by 20% the share of renewable energies in power generation by 2012, as it has much potential in wind, solar and hydroelectric energies, an official of energy ministry, said on Thursday.

English

http://www.map.ma/eng/sections/economy/morocco_seeks_to_rai_1/view

11-February-2009

Morocco signs framework convention for sustainable development of coastline

A framework convention on the sustainable development of the coastline of the Mediterranean intercontinental biosphere reserve was signed Tuesday in Rabat between the Mohammed VI Foundation for the Protection of Environment and six local bodies.

English

http://www.map.ma/eng/sections/last_social/morocco_signs_framew/view

10-February-2009

Morocco moves closer to creating 80,000 new tourist beds

Morocco has finished building a tourism complex that includes nine hotels with 17,000 beds, as part of its plan to create 80,000 new tourist beds by 2010, Tourism Minister Mohamed Boussaid said.

English

http://af.reuters.com/article/investingNews/idAFJOE5190E920090210

CEN-SAD countries mull creation of FTZ, FM

The member States of the Sahel-Sahara community (CEN-SAD) are moving towards the establishment of a free trade zone, Moroccan Foreign Minister, Taib Fassi Fhiri announced on Monday.

English

http://www.map.ma/eng/sections/economy/cen-sad_countries_mu/view

09-February-2009

Morocco jobless rate eases to 9.6 pct in 2008

Morocco's 2008 jobless rate fell to 9.6 percent last year from 9.8 percent in the previous year on growth in urban job creation which offset weakness in the farming sector, official figures showed on Monday.

English

http://af.reuters.com/article/investingNews/idAFJOE5180DJ20090209

Best for high-level hiking: Morocco

From high-level trekking in Morocco's Atlas Mountains to rubbing shoulders with A-listers on Hollywood Boulevard, and from rural retreats off Tuscany's beaten track to jet-set hang outs for Moscow's super-rich, our writers have been to the ends of the earth to find a world of inspiration

English

http://www.independent.co.uk/travel/africa/best-for-highlevel-hiking-morocco-1545860.html

Morocco attracted 80% of Arab investments in 2008,

Morocco attracted 80% of Arab investments in 2008, writes the Paris-based monthly "Afrique Magazine" in its latest issue.

English

http://www.map.ma/eng/sections/economy/morocco_attracted_80/view

06-February-2009

Morocco banks on budgetary surplus of $348 mln

Morocco is expected to close the year 2008 with a budgetary surplus ranging between MAD 3-bln and MAD3.5bln ($348mln to $407mln), despite a difficult international context marked by a severe economic crisis.

English

http://www.map.ma/eng/sections/last_economy/morocco_banks_on_bud/view

05-February-2009

Morocco to reduce unemployment to 7% by 2012

The Moroccan government is set to bring the unemployment rate under 7% by 2012, Moroccan prime minister, Abbas El Fassi, said on Wednesday.

English

http://www.map.ma/eng/sections/box3/morocco_to_reduce_un/view

Moroccan valley branded next big thing in investment property

An idyllic part of Morocco south of Marrakech could become “the next big place” in new homes and holiday investment property, experts have said.

English

http://www.offplanpropertyexchange.com/news/2009/02/moroccan-valley-branded-big-investment-property/724

04-February-2009

P&G: Get that 'Moroccan Bazaar' smell

Cincinnati-based Procter & Gamble Co. on Wednesday launched a Febreze Destinations Collection, fragrances from around the world in three scents -- Hawaiian Aloha, Brazilian Carnaval and Moroccan Bazaar.

English

http://news.cincinnati.com/article/20090204/BIZ01/302040015

ONA's Wana wins Morocco's third mobile licence

Wana, the telecoms arm of Morocco's biggest conglomerate, ONA, said on Wednesday it had won the country's third wireless phone network, part of a government drive to liberalise the telecoms sector and cut prices.

English

http://in.reuters.com/article/rbssTechMediaTelecomNews/idINL475650020090204

King chairs signing of hydro-agricultural development agreement in Ifrane

Ifrane (center), Feb. 4, 2009 (MAP)- King Mohammed VI on Wednesday chaired the signing ceremony of a $ 4.8 mln agreement relating to hydro-agricultural development and the construction of several water supply points in the province of Ifrane.

English

http://www.map.ma/eng/sections/box1/king_chairs_signing1634/view

French company, Auvergne Aeronautics, opens second plant in Morocco

The French company, Auvergne Aeronautics, in partnership with Casablanca Aeronautics, will this year open another plant in Morocco to manufacture aircraft parts.

English

http://www.africanmanager.com/site_eng/detail_article.php?art_id=12759

03-February-2009

Fit for a king: Morocco's Royal Dar es Salam Golf Club

Morocco's capital city, Rabat, has just one golf club, though it's grand enough to host all of the city's players and plenty more visitors from Europe: Royal Dar es Salam Golf Club, complete with 45 holes of golf, including the heralded Red Course that stages the King Hassan II Trophy each fall.

English

http://www.worldgolf.com/course-reviews/africa/royal-dar-es-salam-golf-club-rabat-morocco-9625.htm

Morocco works to shield industries from financial crisis fallout

The Moroccan government announced its intention to help the industries hit by the global economic crisis. During a cabinet meeting held in Rabat on Thursday (January 29th), Economy and Finance Minister Salah Eddine Mezouar said that the crisis has been worse than expected and that the government will devise a strategy to assist the worst affected sectors, particularly the clothing and auto industries.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/02/03/feature-01

OFID provides US$118.8 million to boost development efforts

The OPEC Fund for International Development (OFID) granted Morocco an $8mln loan to co-finance the building of a dam in the northern province of Chefchaouen.

English

http://www.opecfund.org/news_press/2009/pr06_2009.aspx

02-February-2009

KFC comes back on the fast-food scene in Morocco

With only 2 locations in Morocco, the fast-food chain, Kentucky Fried Chicken, was a little slow to adapt its American favorites to Moroccan tastes. However, this year, the chain is redoubing its efforts and opening new location in Casablanca and Marrakesh.

French

http://www.franchisekey.com/ma/franchise-franchises/Article/ID/52/Session/MA-1-pSpF5i47-0-IP/guidObject/019856-20080630-172200-01/.htm

Phosphates and derivatives driving Morocco's exports up

Phosphates and derivatives continue to drive Morocco's exports up, standing at MAD 51.4 bln ($5.9 bln) in 2008, that is 33.4% of the overall commodity exports which reached MAD 154 bln ($17.8 bln), according to Morocco's exchange rate monitoring body (the Office des Changes).

English

http://www.map.ma/eng/sections/box4/phosphates_and_deriv2909/view

 

30-January-2009

M'sian Firm Completes Phase One Of Housing Project In Morocco

A Malaysian company, Al-Hidayah Development Sarl, has successfully completed the construction of townhouses for sale in Tamesna City, a new township project outside the capital city, and is now going on to the second phase of the housing project, said Datuk Othman Samin, Malaysian Ambassador to Morocco.

English

http://www.bernama.com.my/bernama/v5/news_lite.php?id=386734

Morocco in $1.8 bln building deal with Arab group

The planned project would involve building a resort of healthcare and leisure facilities over 270 hectares in Essaouira, one of Morocco's main coastal tourism sites.

English

http://uk.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUKLU70991520090130

Morocco's aeronautics industry continues to grow

Zodiac Aerospace Maroc is investing 135 million dirhams towards a new aeronautical project in Aïn Johra, confirming Morocco's advances in attracting investors and promoting the aeronautical sector.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/01/30/feature-02

 

29-January-2009

Seminar addresses youth participation in politics and public affairs

A seminar held Saturday (January 24th) in Rabat by the Forum of Moroccan Youth for the Third Millennium examined ways to encourage young people's constructive and effective involvement in politics and local affairs.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/01/29/feature-02

European deputies applaud Morocco's achievements in democracy, human rights

Members of the European Parliament delegation, on a visit to Morocco, hailed the remarkable breakthroughs achieved by the kingdom in upholding democracy and human rights.

English

http://www.map.ma/eng/sections/box2/european_deputies_ap/view

 

28-January-2009

Morocco expects record grain crop — farm leader

We are looking to harvest 100 million quintals (10 million tons) of cereals this season as the amount of rain that fell on Morocco was the highest in more than 20 years," said Ahmed Ouayach, chairman of the Moroccan Agriculture and Rural Development Confederation (COMADER).

English

http://www.bworldonline.com/BW012909/content.php?id=124

Morocco: Aeronautics in Morocco will generate 1 billion euros in 2012

The aeronautics sector in Morocco, which is made up of about 50 companies employing more than 2,000 workers, intends to triple its turnover to one billion euros by 2012.

English

http://www.afriquejet.com/news/africa-news/morocco:-aeronautics-in-morocco-will-generate-1-billion-euros-in-2012-2009012820667.html

27-January-2009

Moroccan King: Information Is New Economy's Productive Sector

Information should be perceived as a productive sector in the new knowledge and communications-based economy and not just another of the common place consumer goods, said King Mohammed VI of Morocco.

English

http://www.bernama.com/bernama/v5/newsindex.php?id=386172

Morocco's energy strategy combines availability, environment-friendliness

Morocco has founded its energy strategy on a four-fold vision that combines securing and providing energy with the respect of the environment and the enhancement of regional integration.

English

http://www.map.ma/eng/sections/last_economy/morocco_s_energy_str/view

 

22-January-2009

Morocco Telecom raked in 2.6 billion euros in 2008

Moroccan Communications giant, Maroc Telecom, a subsidiary of Vivendi International, earned a turnover of 2.6 billion euros in 2008, representing an increase of 7% from the earnings of 2007.

English

http://www.africanmanager.com/site_eng/detail_article.php?art_id=12699

 

17-January-2009

Moroccan king renews call to open Algerian-Moroccan border

In a message to the Arab leaders' economic summit in Kuwait, King Mohammed VI said that the "Maghreb Union has stumbled due to artificial obstacles, including such excessive measures as the prolonged, unreasonable, unilateral closure of the border between two neighbouring countries."

English

http://www.bi-me.com/main.php?id=30210&t=1&c=33&cg=4&mset=

Banque Centrale Populaire chooses Algorithmics integrated risk solutions for its enterprise-wide strategic risk management platform

Algorithmics has announced that, after an extensive selection process, involving a number of risk system vendors, Banque Centrale Populaire (BCP), one of the largest banks in North Africa, has selected Algorithmics’ software as the basis of its enterprise-wide risk management platform.

English

http://www.bi-me.com/main.php?id=30220&t=1&c=33&cg=4&mset=

Morocco sees 6.6 pct growth in Q1 on farm rebound

Morocco's economy is likely to grow by 6.6 percent in the first quarter as improved farm incomes offset the effect of the global economic slowdown on tourism and exports, the government said on Tuesday.

English

http://af.reuters.com/article/investingNews/idAFJOE50K03U20090121

 

16-January-2009

Tanger-Med industrial park to promote off-shoring in Morocco

Minister of Industry, Trade, and New Technologies, Ahmed Reda Chami, said the Tanger-Med industrial park will help "promote offshoring in Morocco".

English

http://www.map.ma/eng/sections/economy/tanger-med_industria/view

 

15-January-2009

Morocco emerges on the property forums as one of the best places to consider in 2009

The advantage that Morocco has over other emerging real estate markets is that is it close to Europe. Some of the seaside resorts are predicted to be extremely popular, especially those with marinas and cities are growing in popularity as short break destinations and therefore year round rental yields.

English

http://www.propertywire.com/news/property-forum-watch/morocco-best-places-2009-200901152368.html

 

14-January-2009

Moroccan Car Sales Up

Auto sales in Morocco jumped 17% in 2008 over the previous year, even as the economic downturn sent sales slumping almost everywhere else, the auto importers association announced on Jan. 13.

English

http://www.industryweek.com/ReadArticle.aspx?ArticleID=18235&SectionID=3

13-January-2009

Jorf Phosphate Hub: OCP eyes world leadership

Morocco's state-run, Office chérifien des phosphates (OCP), has devised a major investment program to turn Jorf Lasfar site into a major hub of phosphate fertilizer production and marketing, said executive vice-president of OCP sales division, Mhamed Ibnabdeljalil.

English

http://www.map.ma/eng/sections/economy/jorf_phosphate_hub_1/view

13-January-2009

EU donates millions for Moroccan energy sector reform

The EU donated 76.6m euros to Morocco on Monday (January 12th) to help the country diversify energy sources, develop renewable energies, and improve energy monitoring and efficiency.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/01/13/newsbrief-04

12-January-2009

SIAMA to build $85m polo resort in Morocco

Construction will begin this year on a US$85 million (Dh312.2m) polo resort and hotel in Morocco developed by Saudi-based SIAMA, a subsidiary of Azmi Abdelhadi Group in Marrakech.

English

http://www.thenational.ae/article/20090112/BUSINESS/982797431/-1/ART

12-January-2009

Morocco's BCP bank buys stake in OCP for $600 mln

Banques Populaires Group (BCP.CS), Morocco's biggest banking group, is to pay 5 billion dirhams ($600 million) for a 5.88 percent stake in the Office Cherifien de Phosphate (OCP), the world's leading phosphate exporter.

English

http://uk.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUKLC30817120090112

12-January-2009

Wall Street Institute Expands Global Footprint with Opening of First Center in Africa

Wall Street Institute, the world's premier provider of English language instruction, announced today the grand opening of its first learning center on the African continent. The center is located in Casablanca, Morocco.

English

http://www.istockanalyst.com/article/viewiStockNews/articleid/2945892

8-January-2009

Morocco to create 137 jobs for unemployed blind and visually impaired

The government devoted 137 jobs for unemployed blind and visually impaired people, announced Minister of Social Development, Family and Solidarity, Nouzha Skalli, on Thursday.

English

http://www.map.ma/eng/sections/social/morocco_to_create_13/view

8-January-2009

Construction begins on Tangier port industrial parks

King Mohammed VI launched construction on Wednesday (January 7th) for new business parks near Morocco's Tanger-Med port complex, local and international press reported.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2009/01/08/newsbrief-04

7-January-2009

Morocco among the top ten countries in offshoring sector

Offshoring is relatively new to the Moroccan economy, but it is already boosting the job market. Experts expect to see gains over the next 10 years.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/01/07/feature-03

7-January-2009

Morocco unveils plan for business park chains

Morocco on Wednesday launched a network of business parks in its underdeveloped north to lure hundreds of companies and create much needed jobs, officials said.

English

http://www.forbes.com/afxnewslimited/feeds/afx/2009/01/07/afx5890755.html

6-January-2009

Princess Lalla Hasna chairs signing ceremony of eco-epidemiology and green enterprises agreements

Princess Lalla Hasna, chairwoman of the Mohammed VI Foundation for Environmental Protection, chaired, here Sunday, the signing ceremony of two agreements to launch an eco-epidemiological study in Casablanca and setting up "green enterprises" program.

English

http://www.map.ma/eng/sections/social/princess_lalla_hasna3848/view

5-January-2009

Morocco to benefit from 'family-friendly' holidays

The Moroccan tourism industry is set to receive a boost with the launch of a new service aimed at families with small children. According to the Guardian, the niche market of "toddler tourism" will continue to grow this year as more operators look to cater for family groups containing children under five.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/morocco-to-benefit-from-familyfriendly-holidays-030109.aspx

5-January-2009

Cleaner diesel available to Moroccans

A new type of diesel with a sulphur content of no more than 50 parts-per-million was released on the Moroccan market on Thursday (January 1st). According to the Ministry of Energy, 50 ppm diesel will be phased in gradually and will be widely available in April 2009. The cleaner fuel is replacing 350 diesel and will gradually replace standard diesel, as new facilities are able to accommodate the new type.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2009/01/05/feature-01

29-December-2008

Morocco's real estate sector could escape global crisis

Moroccan officials have announced that their country has been spared the effects of the global real estate crisis, according to Ahmed Taoufik Hjira, the minister of housing, urban planning and land management.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/12/26/feature-01

29-December-2008

Morocco says Tourism Strong Despite Global Downturn

Morocco's tourism industry "is in good health" despite the global economic crisis, with tourist arrivals expected to reach a record 7.9 million this year, a government minister said on Tuesday.

English

http://aawsat.com/english/news.asp?section=6&id=15169

19-December-2008

A Fabled City of the Dissolute Gets a New Shine

DUSK was falling on Tangier and small cliques of nattily dressed expats were sipping mint tea and socializing on the top floor of the Hôtel Nord-Pinus, a sumptuous riad-style guesthouse in the Casbah. A gentle sea breeze wafted through the arched doorways and filled the stylish lounge, decorated with embroidered Moroccan pillows and modern photography, with an air of exclusivity.

English

http://travel.nytimes.com/2008/12/21/travel/21next.html?ref=travel

18-December-2008

Low cost property projects set to help developers in Morocco

The country's leading real estate developer, Addoha, has acquired two Moroccan units from failed Spanish developer Fadesa and is completing projects on time. It is also moving into affordable housing, a change that is regarded as being the best way forward in the current economic climate as sales of luxury property decline.

English

http://www.propertywire.com/news/africa/low-cost-property-projects-set-to-help-developers-in-morocco-200812192280.html

17-December-2008

Egypt/Morocco: Financial aid for poor youth

A  $5 million five-year program that will create inclusive financial services and education for youth between the ages of 15 and 24 in Morocco and Egypt have been announced by the MasterCard Foundation and Mennonite Economic Development Associates (MEDA), a Canadian Christian organization.

English

http://www.africanews.com/site/list_messages/22215

17-December-2008

Morocco property firm Addoha says sales on track

Moroccan real estate developer Addoha's sales are in line with expectations and the north African kingdom is able to absorb the impact of recession in the world's major economies, its chairman said.

English

http://www.forbes.com/afxnewslimited/feeds/afx/2008/12/17/afx5831457.html

17-December-2008

Canamens to explore offshore Morocco

Canamens has signed a suite of agreements, including an association contract, a petroleum agreement, a reconnaissance contract, along with associated permits, and a license with Morocco's Office National Hydrocarbures et des Mines (ONHYM).

English

http://www.offshore-mag.com/display_article/348198/9/ONART/none/COMPN/1/Canamens-to-explore-offshore-Morocco/

17-December-2008

Tele Atlas and CADTECH Deliver First Navigable Digital Maps of Morocco

Tele Atlas, a leading global provider of digital maps and dynamic content for navigation and location based solutions (LBS), and CADTECH, a Moroccan company specializing in geographical information systems and geolocalization applications, announced the availability of the first fully navigable digital databases of Morocco for personal navigation, wireless, Internet, automotive and enterprise navigation solutions companies worldwide.

English

http://www.directionsmag.com/press.releases/index.php?duty=Show&id=27219&trv=1

16-December-2008

Historic Morocco: A budding golf destination

Morocco is a dynamic country on the north coast of Africa full of diversity and rich history, not to mention warm sunshine and even a little golf.

English

http://www.worldgolf.com/golf-destinations/morocco-golf-destination-courses-9349.htm

16-December-2008

Morocco's banking group AWB buys into Gabon's UGB

Maghreb's leading banking and financial group, Attija riwafa Bank (AWB), will in 2006 hold 59% of the share capital of the Union Gabon a ise de Banques (UGB) which recently acquired Crédit Agricole (CA).

English

http://www.africanmanager.com/site_eng/detail_article.php?art_id=12465

16-December-2008

Egypt and Morocco enter offshoring nations' list

Egypt and Morocco are among the new entrants in the top 30 countries for offshoring services, according to industry tracker Gartner.

English

http://www.business24-7.ae/articles/2008/12/pages/12162008_857883aa107340619bf1d642341b8343.aspx

11-December-2008

Hotel review: Palmeraie Golf Palace Marrakech, Morocco

The five-star Palmeraie Golf Palace is a well-established 312-room hotel just outside the city, about 30 minutes from the airport. It offers space and tranquility rather than the buzz of central Marrakech, which is a 15-minute taxi ride away.

English

http://www.ttglive.com/c/portal/layout?p_l_id=61139&CMPI_SHARED_articleId=1814158&CMPI_SHARED_ImageArticleId=1814158&CMPI_SHARED_articleIdRelated=1814158&CMPI_SHARED_ToolsArticleId=1814158&CMPI_SHARED_CommentArticleId=1814158&articleTitle=Hotel%20review:%20Palmeraie%20Golf%20Palace%20Marrakech,%20Morocco

11-December-2008

Morocco popular with second home buyers

The Times recently included Marrakesh in its list of up-and-coming cities for property purchases, claiming that the availability of cheap flights and the government's recent tourism drive is creating many opportunities for investment in the city.

English

http://www.propertyshowrooms.com/morocco/property/news/morocco-popular-second-home-buyers_109139.html

11-December-2008

Eyelit's MES chosen for Nemotek's Moroccan wafer fab

Eyelit, Inc., a manufacturing software provider for visibility, control, and coordination of manufacturing operations for the aerospace & defense, discrete electronics, semiconductor, and photovoltaic (solar) industries, announced today that Nemotek Technologie, a company that offers manufacturing and design services of wafer-level cameras, wafer-level Packaging and Wafer-Level Optics for many applications, selected Eyelit's manufacturing software suite to support production in its new wafer fab, located in Rabat, Morocco.

English

http://www.solid-state.com/display_news/171167/5/HOME/Eyelit's_MES_chosen_for_Nemotek's_Moroccan_wafer_fab

10-December-2008

Golf in Morocco creates investment opportunity

With the popularity of golf on the rise in Morocco, now might be the time for enthusiasts to invest in property in the country.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/golf-in-morocco-creates-investment-opportunity-101208.aspx

10-December-2008

Morocco sets up carbon trading fund

Morocco's state-run pension fund Caisee de Depot et de Gestion (CDG) has set up a carbon trading fund with capital of MD300m ($35m). CDG will hold 50 per cent of the capital of Fonds Capital Carbone Maroc (FCCM). The European Investment Bank will hold a 25 per stake.

English

http://www.yourrenewablenews.com/morocco+sets+up+carbon+trading+fund_18030.html

10-December-2008

European FMs praise the adoption of advanced status for Morocco

Foreign ministers of the European Union (EU), praised, here Monday, the adoption of the advanced status for Morocco during the EU-Morocco Association Council, held in Luxembourg on 13 October.

English

http://www.map.ma/eng/sections/regional/european_fms_praise/view

9-December-2008

Morocco prepared for tourism boom despite global economic slowdown

Morocco's tourism minister is confident that the global economic turmoil will not impact negatively on perceptions of the north African country as a viable holiday location.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/morocco-prepared-for-tourism-boom-despite-global-economic-slowdown-091208.aspx

9-December-2008

IFC to hold seminar on 'commercial mediation' in Marrakech

International Finance Corporation (IFC), an offshoot of the World Bank (WB) will hold, on December 16 in the central city of Marrakech, an international confab on "commercial mediation in developing countries".

English

http://www.map.ma/eng/sections/general/ifc_to_hold_seminar/view

8-December-2008

Businessmen in Maghreb to meet more often, boost integration process

Representatives of businessmen's and trade associations in Arab Maghreb Union countries decided recently to meet every three months to discuss co-ordination and consultation on Maghreb economic integration and the Maghreb market.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/12/08/feature-01

8-December-2008

Morocco invests more than 56 million euros in oil prospecting

The Moroccan government has invested more than 56 million euros in oil prospecting this year through contracts signed with several foreign companies, the Ministry of Energy and Mines said on Friday.

English

http://www.africanmanager.com/site_eng/detail_article.php?art_id=12429

8-December-2008

EIB loans Morocco 230 million euros

The European Investment Bank (EIB) has loaned Morocco 230 million euros earmarked for the electricity and feeder road sectors, official sources in Rabat said on Friday.

English

http://www.africanmanager.com/site_eng/detail_article.php?art_id=12430

4-December-2008

Govt. tightens watch on tourist guide centers

The Moroccan government will be monitoring the creation of tourist guide training centers so that they respond to the needs being documented in the field, Tourism Minister, Mohamed Boussaid, said on Wednesday.

English

http://www.map.ma/eng/sections/economy/govt._tightens_watch/view

3-December-2008

Fez, Morocco Real Estate: An Ancient City Gets Attention

Many people have never heard of Fez, Morocco's fourth largest city after Casablanca, Rabat, and Marrakesh. The medieval town attracts discerning travelers who come looking for a cultural experience found nowhere else.

English

http://www.nuwireinvestor.com/articles/fez-morocco-real-estate-an-ancient-city-gets-attention-52326.aspx

3-December-2008

Gas discovery in Morocco

CIRCLE OIL PLC confirms a discovery in the Lower Guebbas Formation (Rabat) with the well testing gas at a sustained rate of 8.86MMscfd. The well has been completed as a potential producer.

English

http://www.euro-petrole.com/ne_03_actualite_i_details.php?idNews=2957

2-December-2008

Alcatel-Lucent, Moroccan Education Ministry launch ICT collaboration

The Moroccan Education Ministry and Alcatel-Lucent France inked a partnership agreement for an educational program entitled "Dynamic Knowledge for Education".

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/11/26/newsbrief-06

2-December-2008

Advanced status: recognition by the EU of Morocco's political, economic reforms, EU official

The advanced Status granted recently to Morocco represents a recognition by the European Union of the bulk of political and economic reforms initiated by the kingdom, said on Monday ambassador and head of the European Commission delegation in Morocco, Bruno Dethomas.

English

http://www.map.ma/eng/sections/regional/advanced_status__rec/view

1-December-2008

Dakhla in Morocco: Excitements and Nature

Dakhla is a superb white city, approximately 300 km from the famous border wall which separates Morocco and Mauritania, a quiet and serene site which is eying tourism development and expansion.

English

http://english.alarabonline.org/display.asp?fname=2008%5C11%5C11-29%5Cztravelz%5C999.htm&dismode=x&ts=29/11/2008%2001:02:26%20%C3%A3

1-December-2008

Despite setbacks, Morocco making headway towards millennium goals

In a recent government report, Morocco is shown to have made considerable progress towards the UN Millennium Development Goals, although there is still work to be done.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/12/01/feature-01

24-November-2008

ADIH launches Morocco project

Abu Dhabi Investment House (ADIH) yesterday launched its $400,000 Porta Moda Marrakech project in Morocco.

English

http://www.gulf-daily-news.com/Story.asp?Article=235459&Sn=BUSI&IssueID=31248

24-November-2008

Morocco issues the millionth biometric contactless national identity card with Thales's e-ID secure solution

Just seven months after the production of the first document, the Kingdom of Morocco's national security service has already issued its millionth biometric contactless ID cards.

English

http://www.morerfid.com/details.php?subdetail=Report&action=details&report_id=5225&display=RFID

24-November-2008

Morocco’s Central Depository deploys TCS BaNCS

TCS Financial Solutions has announced that Maroclear, the Central Depository of Morocco, has selected TCS BαNCS Market Infrastructure to modernize its legacy systems, automate processing and enhance employee productivity.

English

http://www.varindia.com/searchdetails_title.aspx?id=1aefff328342491faae7e1aaacd20cd8

21-November-2008

Property market in Morocco tipped to thrive despite global economic downturn

According to Ahmad Al-Ameer, vice-chairman and CEO of Kuwaiti Gulf Holding Company (GHC), Morocco has managed to remain insulated from the global economic turmoil and may therefore be more conducive than other countries to property growth.

English

http://www.propertyshowrooms.com/morocco/property/news/property-market-morocco-tipped-thrive-despite-global-economic-downturn_91367.html

21-November-2008

Belgium grants Morocco $6.3m to boost job training

Belgium granted Morocco $6.3m to improve vocational training in the north of the country, promote rural micro-enterprises and create new jobs in Tétouan.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/11/20/newsbrief-06

20-November-2008

Russian firm eyes mega-tourism project in southern Morocco

‘Kudla group’, one of the most important Russian tourism developers, is among the groups interested in a US$ 400 million mega-project in Dakhla, in southern Morocco.

English

http://www.apanews.net/apa.php?page=show_article_eng&id_article=81054

20-November-2008

AfDB lends Morocco US$97m

The African Development Bank (AfDB) has granted Morocco a US$97-million loan to fund a safe drinking water supply and sanitation project in various regions across the country.

English

http://www.afriquenligne.fr/news/africa-news/afdb-lends-morocco-us$97m-2008112016420.html

20-November-2008

Moroccans to modernise civil registry

Morocco is integrating more technology in the day-to-day life of its citizens, starting with computerised civil records across the country. It is a long and complicated process, but it’s on track.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/11/20/feature-02

20-November-2008

"Galeries Lafayette" injects US$17m in Morocco

The famous French sign "Galeries Lafayette" has decided to relocate in Morocco for an investment of 130 million dirhams (US$17 million) aimed at opening a store in Casablanca.

English

http://www.apanews.net/apa.php?page=show_article_eng&id_article=81060

19-November-2008

The Moroccan government has earmarked $95m for tourism development in 2009, Tourism and Handicraft Minister, Mohammed Boussaid said on Monday

The Moroccan government has earmarked $95m for tourism development in 2009, Tourism and Handicraft Minister, Mohammed Boussaid said on Monday.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/11/19/newsbrief-07

19-November-2008

Real estate project worth $1.3bn unveiled in Tangiers

GHC's project spreads over 1.13 million square meters in the prestigious Gulf Finance House (GFH) promoted Royal Resort Cap Malabata Project.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093221218

18-November-2008

Morocco to inject 28.9 bln dirhams to boost purchasing power

The Moroccan government will inject 28.9 billion dirhams (3.3 billion U.S. dollars) under the 2009 financial act to boost the purchasing power of the country's population.

English

http://english.people.com.cn/90001/90778/90858/90866/6534263.html

18-November-2008 

Moroccan-US meeting on cooperation in nuclear energy field

Moroccan Secretary General of the Foreign Affairs Ministry, Youssef Amrani, held talks, on Monday, with Special Envoy of the US Secretary of State for Nuclear Nonproliferation, Jackie Wolcott.

English

http://www.isria.info/RESTRICTED/D/2008/NOVEMBER_20/diplo_18november2008_52.htm

14-November-2008

Morocco to spend $31m for reforestation in 2008-2009

Morocco has allotted $31m for its 2008-2009 reforestation campaign.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/11/14/newsbrief-05

14-November-2008

France agrees 625 mln eur loan to fund Morocco TGV

Alstom and French rail operator SNCF moved a step closer to contracts for a high-speed train link between Tangiers and Casablanca, after France agreed on a loan to Morocco to help finance the project.

English

http://www.guardian.co.uk/business/feedarticle/8021746

13-November-2008

Moroccan public broadcasting company acquires stake in euronews

Morocco’s public broadcasting company SNRT (Société Nationale de Radiodiffusion et Télévision) has acquired a 0.33 per cent stake in European news channel euronews’ holding company, SECEMIE (Société Editrice de la Chaîne Européenne Multilingue d’Information euronews), to join the 22 existing shareholders from Europe.

English

http://www.indiantelevision.com/headlines/y2k8/nov/nov147.php

12-November-2008

Over a million passengers transited on Moroccan airports in September

Some 1,020,257 passengers have transited from Moroccan airports during the month of September 2008, the Moroccan office of airports (ONDA) has said.

English

http://www.map.ma/eng/sections/economy/over_a_million_passe/view

11-November-2008

Morocco: larger citrus production

The citrus culture in Morocco promises to be good this year. The rain, which fell during the last few months had a positive effect on the total production and the sizes.

English

http://www.freshplaza.com/news_detail.asp?id=32839

11-November-2008

First Gas Discovery in Morocco

UK-based independent hydrocarbons exploration firm Circle Oil Plc confirms that it has found natural gas in the north-east of the Moroccan capital Rabat.

English

http://www.north-africa.com/opensource/story1-Nov1108.htm

11-November-2008

Morocco's Third 2G License Highlights Opportunities in the Mid-East and Nth Africa

A third 2G license in Morocco - expected to be issued in the coming months, following the commencement of the bidding process in October - is among the many opportunities still available in the region, says report author and analyst at Analysys Mason, Daniel Jones.

English

http://www.cellular-news.com/story/34583.php

10-November-2008

Moroccan expats return as economy grows

Employment ministers from 43 European and Mediterranean countries are meeting this week in Marrakech to talk about boosting jobs across a region increasingly tied together by the forces of globalization.

English

http://www.thenational.ae/article/20081109/FOREIGN/529946388/1011/ART

10-November-2008

"Morocco has developed into trendy economic, tourist destination," Forbes

Morocco has turned into a trendy economic and tourist destination, said Forbes Magazine, noting that Morocco's program of economic, political and social liberalization has had a "remarkable effect."

English

http://www.map.ma/eng/sections/box2/morocco_has_develope/view

10-November-2008

Moroccan City Hailed As 'Beautiful' Destination

"Morocco has been associated with trading and history for a long time but it is popular for walking activities and fishing and it is something that remains popular within Rabat to this day," said Peter Sheard, a senior associate at Gensler.

English

http://news.holidayhypermarket.co.uk/Moroccan-City-Hailed-As-Beautiful-Destination-18866347.html

10-November-2008

Circle Oil Provides Update on Gas Discovery in Morocco

Circle Oil Plc, the AIM listed international oil and gas exploration and development company, is pleased to announce that the exploration well ONZ6 has been drilled, logged and successfully tested in the Ouled N’Zala Permit, Morocco.

English

http://www.oilvoice.com/n/Circle_Oil_Provides_Update_on_Gas_Discovery_in_Morocco/fcb1df2c.aspx

7-November-2008

Construction to begin next year on Casablanca tram project

The Moroccan government approved a 28-km tram system as part of a Casablanca development plan. Officials said this is only the start, with more public transportation developments planned for the future.

French

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/11/07/feature-02

6-November-2008

Maroc Telecom reports nine-month growth

Maroc TelecomMaroc Telecom, the Moroccan telecoms operator majority-owned by France's Vivendi Universal, announced Wednesday a 9.6 percent increase in profits for the nine months to September 30.

English

http://www.zawya.com/Story.cfm/sidANA20081105T154952ZOTJ33/Maroc%20Telecom%20reports%20nine-month%20growth

6-November-2008

Land of opportunity. The Moroccan economic boom

Since the succession of Mohammed VI to the throne, Morocco has been transformed from what had been previously perceived as a rigid monarchy, to a progressive west-facing land of opportunities and fiscal reforms, designed to stimulate foreign investment and development.

English

http://www.euroweeklynews.com/news/12281.html

6-November-2008

Morocco announces multi-billion dollar renewables plan

The five year initiative, reported as being worth US$2.9 billion to US$3.2 billion, aims to spur rapid development of renewable energy in the country. Two smaller programmes, Energie Pro and Chourouk focused on wind and solar energy respectively, make up the initiative.

English

http://news.google.com/news/url?sa=T&ct=us/0-52-0&fd=S&url=http://www.bi-me.com/main.php%3Fid%3D26966%26t%3D1%26c%3D33%26cg%3D4%26mset%3D&cid=1267646791&ei=0BcTSaObK46SygSb_8Ey&usg=AFQjCNFWrWWparNFbIG43B3RzglovbLQLg

6-November-2008

Third wireless phone license for Morocco

Morocco's National Telecommunications Regulatory Agency is to launch a third wireless phone network license. Its part of the country's telecom liberalization in order to boost competition and bring down prices, the country's cellular sector has been booming since the end of Maroc Telecom's monopoly in 1999.

English

http://www.africanews.com/site/list_messages/21428

4-November-2008

Opennet invites reseller partners to Middle East & North Africa leg of Red Hat Virtualisation tour

Opennet Middle East & Africa, the Master Distributor and authorized Certified Training Centre of Red Hat Linux products for GCC, Jordan, Lebanon, Egypt, Algeria, Morocco, and Tunisia, announced the Middle East and North Africa leg of Red Hat's Virtualization tour.

English

http://www.zawya.com/story.cfm/sidZAWYA20081104061350/Opennet%20invites%20reseller%20partners%20to%20Middle%20East%20&%20North%20Africa%20leg%20of%20Red%20Hat%20Virtualisation%20tour%20

4-November-2008

Air Arabia Maroc" to begin operations in early 2009

Air Arabia, the first and largest low-cost carrier (LCC) in the Middle East and North Africa, announced today that it will commence operations from its second hub in Morocco in early 2009, subject to government approvals.

English

http://www.indiaprwire.com/pressrelease/aviation/2008110415000.htm

3 November 2008

Conference to Focus on Urban Planning in Fez, Morocco

An international conference focusing on contemporary urban planning and preservation issues in the historic city of Fez, Morocco, will begin at UC Riverside on Friday, Nov. 14, and conclude at UCLA on Saturday, Nov. 15.

English

http://newsroom.ucr.edu/cgi-bin/display.cgi?id=1963

3 November 2008

A tale of two cities becoming one

Eight centuries ago, a Moroccan king raised a tower on the banks of the river Bouregreg, commencing a grandiose project that is finally on the point of completion.

English

http://www.thenational.ae/article/20081102/FOREIGN/947238937/1011/NEW

 

31-October-2008

King chairs signing ceremony of program-contract on financing 'Green Morocco Plan'

King Mohammed VI chaired, Friday in the rural commune of Bni Hlal (province of El Jadida), the signing ceremony of a program contract on financing the "Green Morocco Plan" for the period 2009-2013.

English

http://www.map.ma/eng/sections/royal_activities/king_chairs_signing_10/view

31-October-2008

Morocco's PCP bank to buy 50.1 pct of Upline

Morocco's Banques Populaires Group, one of Morocco's biggest banking groups, said on Friday it will buy a 50.1 percent stake in Upline Group, the country's second largest independent investment bank.

English

http://africa.reuters.com/business/news/usnJOE49U0L5.html

30-October-2008

OIC environment ministers attend conference in Morocco

The third conference of environment ministers of the Organisation of the Islamic Conference (OIC) opened on Wednesday in the Moroccan capital, Rabat to discuss several projects and reports on the environment in the Muslim world.

English

http://www.apanews.net/apa.php?page=show_article_eng&id_article=79094

30-October-2008

Morocco invests US$3.2 billion in renewable energy

Morocco has announced plans for a new campus providing knowledge-based services to strengthen research and training in clean technology.

English

http://www.scidev.net/en/middle-east-and-north-africa/news/morocco-invests-us-3-2-billion-in-renewable-energy.html

30-October-2008

Morocco to offer third mobile phone licence

Morocco plans to sell a third wireless phone network licence to boost competition and bring down prices, the country's telecom regulator said on Thursday.

English

http://africa.reuters.com/business/news/usnJOE49T0IC.html

29-October-2008

Foreign investors show interest in Bouregreg Valley development project

Several foreign investors have expressed will to contribute to the projects underway to upgrade the Valley of Bouregreg, said on Tuesday, General Director of the Agency to develop the Bouregreg Valley (AAVB), Lamghari Essakl.

English

http://www.map.ma/eng/sections/economy/foreign_investors_sh/view

28-October-2008

Morocco signs declaration to fight counterfeiting

Morocco was among nine Mediterranean countries that signed, Monday in Cannes (South Eastern France) a declaration aiming to reinforce the fight against counterfeiting.
English
http://www.map.ma/eng/sections/economy/morocco_signs_declar/view

27-October-2008

Morocco tipped as future hotspot

Morocco could become a property hotspot as a result of its growth in popularity as a tourist destination.

English

http://www.propertyshowrooms.com/morocco/property/news/morocco-tipped-future-hotspot_67448.html

27-October-2008

Morocco creates new fund to promote technological innovation

Morocco has set up the first fund in the country to support innovation in information technology, with an initial budget of 100 million dirhams. The fund is part of a plan to create more than 30,000 new direct job opportunities in ICT industries.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/10/26/feature-01

24-October-2008

Morocco to spur investments in 2009

Morocco plans to increase investments next year to 135 billion dirhams, Finance Minister Salaheddine Mezouar said on Thursday (October 23rd).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/10/24/newsbrief-03

24-October-2008

IFC Organizes Workshop on Corporate Governance for Microfinance Institutions in the Maghreb Region

IFC, a member of the World Bank Group, is today holding a one-day workshop to provide comprehensive corporate governance training to microfinance institutions in the Maghreb region. The workshop, being held in Rabat, is designed to help microfinance institutions improve corporate governance practices to strengthen their operational and financial performance and enable them to increase access to microfinance in the region.

English

http://media-newswire.com/release_1076843.html

23-October-2008

Morocco elected to UN economic council

Morocco was elected on Wednesday (October 22nd) to the UN Economic and Social Council (ECOSOC).

French

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/10/23/newsbrief-03

23-October-2008

Morocco achieved remarkable progress in corporate governance practices

Moroccan Minister in charge of Economic and General Affairs, Nizar Baraka, said, on Wednesday, that Morocco has achieved remarkable progress in the field of corporate governance practices and is the first country in the Maghreb region to have a Corporate Governance Code.

English

http://www.map.ma/eng/sections/economy/morocco_achieved_rem/view

22-October-2008

Morocco's Wana telecoms' 1st half revenue soars

Wana, the telecommunications arm of Morocco's biggest conglomerate, ONA ONA.CS, saw its revenue jumping almost three times in the first half of the year amid efforts to turnaround the ailing venture, its chief executive officer said on Tuesday.

English

http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLL59001120081021

22-October-2008

Casablanca Market Adds Spice to Corporate and Private Event Planning

Since 2004, Casablanca Market in Silicon Valley, Calif., has been offering Moroccan imports and gifts. As she talked to clients, the company founder Katia Essyad noticed that there is a demand for the "hidden nostalgia of Arabian theme events that reflect exotic beauty, mystery and intrigue." Consequently, she expanded Casablanca's services to include event planning.

English

http://www.ibtimes.com/prnews/20081022/casablanca-market-adds-spice-to-corporate-and-private-event-planning.htm

22-October-2008

Morocco's BMCE bank to buy back up to 15 million shares

Moroccan bank BMCE said on Wednesday it is planning to buy back up to 15 million of its own shares in a bid to shore up its faltering stock price.

English

http://africa.reuters.com/business/news/usnJOE49L0O5.html

21-October-2008

Moroccan tourism sector seeks to counter effect of global financial crisis

A new Moroccan task force will work to mitigate the impact of the global financial and economic downturn on the country's tourism sector, Tourism Minister Mohamed Boussaïd announced on Monday.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/10/14/newsbrief-03

21-October-2008

Gender responsive budgeting, 'efficient tool' for public administration reform

Gender Responsive Budgeting (GRB) can be "an efficient tool" for reforming the Public administration, head of the World Bank office in Morocco said on Tuesday. In an address at the opening ceremony of a workshop on "Building Capacities", Françoise Clottes noted that the GRB favors "a more efficient, effective and participative" budget management.

English

http://www.map.ma/eng/sections/last_social/gender_responsive_bu6921/view

20-October-2008

Addoha buys Fadesa's Moroccan units

Moroccan property developer Addoha ADH.CS took control of Spanish construction firm Fadesa's FAD.MC two Moroccan arms after buying additional 50 percent stakes in the two units, Addoha said on Monday.

English

http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLK29871820081020

20-October-2008

Giving birth to Gazelles in Morocco

The Moroccan small companies, contrary to the generally accepted ideas, are not so underprivileged in the access to the credit; only 15% of them are denied. Morocco is very well placed compared to the comparable countries of the Mediterranean basin like Egypt, Turkey or Tunisia.

English

http://news.google.com/news/url?sa=T&ct=us/0-64-0&fd=S&url=http://www.franchisekey.com/franchise-franchising/Article/ID/52/Session/1-pSpF5i47-0-IP/guidObject/002190-20080721-115544-01/Giving_birth_to_Gazelles_in_Morocco_.htm&cid=0&ei=rcP8SNmILIqWyAT0w-_4AQ&usg=AFQjCNH3W22nalfdxIf7v8chfMtz3IvIFg

17-October-2008

Morocco September inflation eases to 3.9 percent yr

Moroccan consumer price inflation eased to 3.9 percent year-on-year in September from 4.8 percent in August and 5.1 percent in July, official figures showed on Friday.

English

http://africa.reuters.com/business/news/usnJOE49G0KR.html

17-October-2008

Morocco: Means to bolster Moroccan-Australian Trade Exchanges Discussed in Rabat

Means to bolster Moroccan-Australian trade exchanges were at the center of talks held on Wednesday between Moroccan Foreign Trade Minister, Abdellatif Maazouzi, and visiting Australian High Commissioner for Trade in charge of North Africa, Duncan Cole.

English

http://www.isria.info/RESTRICTED/D/2008/OCTOBER_23/diplo_18october2008_17.htm

17-October-2008

New contract obtained by Gamesa in Morocco

Gamesa Corporación Tecnológica has entered into a new agreement with the cement manufacturer Lafarge Ciments, a subsidiary of the French company Lafarge, for the supply of six Gamesa G80-2.0MW wind turbines

English

http://www.windtech-international.com/content/view/2029/1/

17-October-2008

Morocco Infrastructure Report 2008

In BMI’s Morocco 2008 Infrastructure Report, we forecast that the construction sector – and by extension infrastructure sector – will register annual real growth of 5.42%.

English

http://news.google.com/news/url?sa=T&ct=us/0-90-0&fd=S&url=http://www.pr-inside.com/morocco-infrastructure-report-r866186.htm&cid=0&ei=9MT4SKmeKoe4zASgx-T4AQ&usg=AFQjCNExHi06tCLtMO6SV9Q2uTLr74oiRg

17-October-2008

Optimistic outlook for telecom in North Africa

The financial crisis is spreading skepticism across the world, yet spirits and attendance were high at the North Africa Com Conference, the largest conference on telecommunication in the region, held Oct. 14-15 in Cairo.

English

http://www.itnewsafrica.com/?p=1479

16-October-2008

Morocco hosts Euromed summit on economic, social cooperation

The European Union and Mediterranean states (Euromed) on Wednesday opened a two-day summit of Economic and Social Councils and similar institutions in Morocco.

English

http://www.apanews.net/apa.php?page=show_article_eng&id_article=77941

16-October-2008 

King inaugurates 1st stage of Casablanca offshoring zone

King Mohammed VI inaugurated, here Thursday, the first stage of the offshoring zone project dubbed "Casanearshore," at a global cost of $ 4 bln.

English

http://www.map.ma/eng/sections/box1/king_inaugurates_1st/view

16-October-2008

Morocco confident amid financial crisis

Morocco wants to capitalize on the international financial meltdown by luring European companies and tourists to its cheaper shores, the country's central bank chief said Thursday.

English

http://www.iht.com/articles/ap/2008/10/16/business/AF-Morocco-Weathering-The-Crisis.php

15-October-2008

Morocco's OCP plans $1.9 bln chemical purchases

Morocco's Office Cherifien de Phosphate (OCP), the world's leading phosphate exporter, said on Wednesday it plans to spend 16 billion Moroccan Dirhams on chemicals as part of five-year, 22 billion dirhams development scheme.

English

http://www.moneybiz.co.za/business_in_africa/Morocco's_OCP_plans_$1_9_bln_chemical_purchases.asp

15-October-2008

Morocco to privatise Royal Air Maroc

Morocco plans to privatise flag carrier Royal Air Maroc and two subsidiaries, according to a government document listing eight state companies slated for sale to private investors.

English

http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLF21094720081015

15-October-2008

Golden Tulip Launches its New Brand in Morocco

Golden Tulip Hospitality Group signs management contract with Property Logic for upcoming Tulip Residence in Saïdia (Morocco) and is proud to announce the signing of the management contract for its second Tulip Residence worldwide.

English

http://www.ftnnews.com/content/view/3602/26/lang,english/

14-October-2008

Moroccan tourism sector seeks to counter effect of global financial crisis

A new Moroccan task force will work to mitigate the impact of the global financial and economic downturn on the country's tourism sector, Tourism Minister Mohamed Boussaïd announced on Monday (October 13th).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/10/14/newsbrief-03

14-October-2008

EU, Morocco eye farm trade deal

The European Union (EU) hopes to reach a deal with Morocco on the liberalization of agricultural trade this year and on services next year, the bloc said in a statement.

English

http://www.tradearabia.com/news/newsdetails.asp?Sn=&artid=150793

14-October-2008

WB Vice-President commends good performance of Moroccan economy

Vice President of the World Bank in charge of MENA region, Daniela Gressan, commended the good performances and resilience of Moroccan economy face to exogenous shocks, notably the financial crisis ravaging world economy.

English

http://www.map.ma/eng/sections/box3/wb_vice-president_co/view

10-October-2008

EU foreign ministers to offer special status to Morocco

European Union foreign ministers will on Monday offer an "advanced status" to Morocco, which has for years been seeking deeper relations with the bloc, sources in Brussels said Friday.

English

http://www.eubusiness.com/news-eu/1223668021.78

10-October-2008

G.A.P Adventures Announces New Trips to Morocco

G.A.P Adventures, the world’s leading adventure travel company, is inviting travellers to experience the wonders of Morocco with 10 brand new trips for 2009.

English

http://www.pr.com/press-release/110049

10-October-2008

Moroccan solar partnership to expand business interest to N/Africa

Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ:QTWW) has today announced that its German solar photovoltaic partner, Asola, has signed an exclusive pact to establish a joint venture in Morocco, to supply solar modules in support of growing demand for renewable energy in northern African countries.

English

http://www.afrol.com/articles/31177

8-October-2008

Rapid economic growth in Morocco due to structural reforms

King Mohammed VI underlined that the rapid and steady economic growth that Morocco has enjoyed, since the start of this century, results from the structural reforms and the sound economic policies the kingdom has laid down and implemented.

English

http://www.map.ma/eng/sections/box1/rapid_economic_growt/view

6-October-2008

BMCE netted over USD 99.2 in first half of 2008

The Banque Marocaine du Commerce Exterieur (BMCE) achieved $ 99.2 mln net profits during the first quarter of 2008, that is a 90.4% increase compared with the same period of 2007 ($ 52 mln), the Bank's CEO announced on Monday.

English

http://www.map.ma/eng/sections/box5/bmce_netted_over_usd/view

6-October-2008

Moroccan tech market enjoying 3G internet boom

Growth in information and communications technology (ICT) in Morocco has been dominated by a boom in 3G Internet and the sustained growth of mobile telephone subscriptions, with a current market of more than 21.5 million customers. The number of fixed-line telephone customers has also grown, recently surpassing 2.7 million.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/10/06/feature-01

6-October-2008

Thrifty Morocco Expands Fleet Catering to Increase Demand for Car Rentals

Thrifty Morocco Car Rental today announced plans for expanding its fleet to cater to inbound business and leisure travelers, as well as to local population in Morocco's fastest-growing cities.

English

http://www.zawya.com/story.cfm/sidZAWYA20081005100423/Thrifty%20Morocco%20Expands%20Fleet%20Catering%20to%20Increase%20Demand%20for%20Car%20Rentals

3-October-2008

Morocco economy thrives amid global crisis

The financial crisis across the world does not appear to be inhibiting growth in the Moroccan economy. According to the Financial Times, plentiful rain has ensured that lucrative sectors such as agriculture have performed strongly this year.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/morocco-economy-thrives-amid-global-crisis-031008.aspx

3-October-2008

Sweden & Morocco. Rezidor announces the Radisson Resort & Spa, Tangier

The Rezidor Hotel Group announces the Radisson Resort & Spa, Tangier in Morocco – the property with 155 rooms is scheduled to open in Q4 2010. It is Rezidor’s second resort in the country: in June this year the company signed the Radisson Resort & Spa, Saïdia (384 rooms and 97 villas; to open in Q3 2010).

English

http://www.bymnews.com/news/newsDetails.php?id=43611

2-October-2008

Morocco retunes to new engines of growth

The only nation in the Maghreb without oil or gas and one beset by income disparities, housing shortages and an inefficient education system, Morocco nonetheless appears to have managed to maintain economic stability in the face of global inflation. The government strategy is to shift the economy away from agriculture to create jobs and find new engines of growth.

English

http://www.ft.com/cms/s/0/9da74cd0-901a-11dd-9890-0000779fd18c.html

1-October-2008

Best beaches: Mirhleft, Morocco

For paragliding, surfing and solitude, Mirhleft - a handful of small Moroccan beaches - is hard to beat.

English

http://www.telegraph.co.uk/travel/bestbeaches/3115591/Mirhleft-Morocco-Best-beaches.html

30-September-2008

Morocco property co Addoha's H1 profit up 40 pct

Net profit grew to 319.3 million dirhams while operating profit doubled to 483.9 million dirhams on a 78 percent rise in turnover to 1.301 billion dirhams, the Casablanca-based company said in a statement.

English

http://africa.reuters.com/business/news/usnJOE48T0KC.html

30-September-2008

Moroccan bank BMCE says H1 net profit up 24 pct

Moroccan bank BMCE reported a 24 percent increase in first-half net earnings on Tuesday as deposit and loan growth boosted domestic market share and foreign expansion brought new sources of profit.

English

http://africa.reuters.com/business/news/usnJOE48T0NP.html

29-September-2008

Morocco set to consolidate South-South partnership

"Morocco will continue to work, within competent multilateral and international organizations, to further consolidate South-South cooperation and promote all strategies aimed to implement the internationally agreed commitments, particularly on development and economic and technical cooperation," Morocco's Foreign Minister Fassi Fihri said at a ministerial meeting of the Group of 77 and China.

English

http://www.isria.info/RESTRICTED/D/2008/OCTOBER_3/diplo_29september2008_7.htm

29-September-2008

Morocco remains leading DOI destination in Maghreb

Morocco remains the first destination of the direct over seas investments (DOI) in the Maghreb region, attracting investments worth more than US$ 13.6 billion between 2001 and 2007.

English

http://www.afriquenligne.fr/morocco-remains-leading-doi-destination-in-maghreb-2008092813003.html

29-September-2008

Morocco to invest EUR 2.2 billion in renewable energies

According to Moroccan National Electricity Office, Morocco will invest AED 25 billion in renewable energies over the next five years.

English

http://steelguru.com/news/index/2008/09/29/NjQ2ODk%3D/Morocco_to_invest_EUR_2.2_billion_in_renewable_energies.html

26-September-2008

Morocco's Banque Populaire nets over $193m profit in first half of 2008

Morocco's Banque Populaire Group achieved a net profit of $193 million in the first half of 2008, a 22% increase over the same period in 2007, CEO Mohamed Benchaâboun announced on Wednesday (September 24th).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/09/26/newsbrief-04

26-September-2008

French investments in Morocco ranked first among foreign investments

French investments in Morocco have been at the forefront of foreign direct investment in the Kingdom during the past year.

English

http://www.zawya.com/Story.cfm/sidKUN0062080926160054/French%20investments%20in%20Morocco%20ranked%20first%20among%20foreign%20investments

25-September-2008

Moroccan to open higher institute for traditional crafts

Morocco’s government wants to boost the traditional crafts sector by opening the first higher institute to train professional craftsmen. Artisans are excited about the initiative but fear competition.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/09/25/feature-02

25-September-2008

Best Western chooses Saidia Morocco resort for first Premier hotel in Middle East

Property Logic, the leading tourism developer of Mediterrania-Saïdia Morocco, has announced the launch of two new resorts in Le Jardin de Fleur Saïdia, the Best Western Premier Le Jardin de Fleur, set to open in 2009, and Hivernage Resort & Spa Saïdia in 2010.

English

http://www.bi-me.com/main.php?id=24827&t=1&c=33&cg=4&mset=

25-September-2008

Moroccan banks not exposed to U.S. crisis: central bank

Morocco's banks are not exposed to the U.S. financial crisis but the economy could be affected by the global economic slowdown triggered by overseas financial turmoil, Morocco's central bank chief said on Thursday.

English

http://africa.reuters.com/business/news/usn84F00F6A-8B0B-11DD-8949-F594A0527F83.html

23-September-2008

Morocco partakes in WIPO member states assemblies

Morocco attaches a special importance to the system of intellectual property and to the role and work of the different committees and organizations of the World Intellectual Property Organization (WIPO), Moroccan ambassador to the Geneva-based UN office, Mohamed Loulichki said.

English

http://www.map.ma/eng/sections/world/morocco_partakes_in/view

22-September-2008

USTDA awards grant for investment promotion in Morocco's oil and gas sector

The promotion of Morocco's upstream oil and gas, and minerals sector is the goal of a USTDA grant that was awarded today to the Office National des Hydrocarbures et des Mines (ONHYM) of Morocco. The grant will be used to fund technical assistance to ONHYM in the preparation of data packages for potential exploration partners and investors, and in arranging promotional industry road shows and meetings in the United States.

English

http://www.ustda.gov/news/pressreleases/2008/MENA/Morocco/MoroccoONHYMInvestmentPromotion_091708.asp

22-September-2008

Morocco plans $12bn to boost phosphate business

Morocco’s Office Cherifien de Phosphate (OCP), the world’s leading phosphate exporter, plans to invest more than $12 billion in the next years to expand output and world market share, its chief executive officer said.

English

http://www.thenews.com.pk/print1.asp?id=137009

22-September-2008

Moroccan government brings in plan to reduce trade imbalance

As imports grow faster than exports, Morocco's trade balance is fast increasing. The government has announced a plan aimed at curbing the growing imbalance.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/09/22/feature-02

22-September-2008

Morocco to record 6.8% growth rate despite international financial crisis

The Moroccan government said it was optimistic about the economic growth of the Kingdom, which should record about 6.8% in 2008, despite the international financial crisis.

English

http://www.bi-me.com/main.php?id=24649&t=1&c=33&cg=4&mset=

22-September-2008

Sonasid of Morocco Net Climbs 73% on Steel Demand, Inventories

Societe Nationale de Siderurgie, a Moroccan subsidiary of ArcelorMittal, said first-half Profit rose 73 percent helped by higher demand for steel and gains on inventories.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=aIYOn22SiEKc&refer=africa

17-September-2008

World Bank, USDTA highlight Morocco's investment climate

A meeting jointly organized by the World Bank and the U.S. Trade and Development Agency (USTDA) on Monday (September 15th) in Washington highlighted investment opportunities in Morocco.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/09/17/newsbrief-06

17-September-2008

IMF highlights Morocco's 'positive economic' performance in 2008

In a report published on Tuesday, the IMF stressed that with a more diversified economy, stronger public finances, and a sound financial sector, Morocco is well poised to continue its progress.

English

http://www.imf.org/external/pubs/cat/longres.cfm?sk=22361.0

16-September-2008

Morocco's manufacturing production expands by 4.2% in second quarter of 2008

Morocco's industrial production index of manufactured goods rose by 4.2% in the second quarter of 2008 compared to the same period last year, according to the Moroccan Planning Council (HCP)

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/09/16/newsbrief-06

15-September-2008

Air Arabia to launch Morocco hub

Air Arabia announced, at the end of last year, that it would establish a hub in Morocco’s capital Rabat, providing a platform to reach Europe, Africa and those parts of the Middle East beyond it’s reach in Sharjah. Air Arabia operates 15 Airbus A320 with 49 on order.

English

http://www.khaleejtimes.com/DisplayArticle.asp?xfile=/data/business/2008/September/business_September501.xml&section=business

15-September-2008

Morocco Managem to start gold exploration in Sudan

Morocco's Managem signed exploration agreements covering territory in Wadi-Gigiya in Sudan's Red Sea State and Al-Sharif in River Nile State, said the state Suna news agency.

English

http://www.miningweekly.com/article.php?a_id=143158

12-September-2008

Marrakesh: Angsana Riads

Angsana, the Singapore-based sister brand of Banyan Tree hotels, has made a major foray into Morocco with the launch of a terrific family of riads. Run by impeccably trained young hotel professionals, this group of six properties, all located in the medina, have wonderful spa menus that blend indigenous hammam culture with first-rate Thai, Ayurvedic, and Javanese massages.

English

http://www.concierge.com/cntraveler/blogs/80days/2008/09/marrakesh-angsa.html

11-September-2008

Come fly with me: new UK to Morocco flights

Low cost airline Ryanair will add Morocco onto its list of European destinations as of next month, which will help to boost tourism in the North African country.

English

http://www.themovechannel.com/news/FAB7DBF0-EF2E/

11-September-2008

Morocco receives UN help to defeat livestock disease

The Moroccan government is working with the United Nations Food and Agriculture Organization to combat an outbreak of the livestock disease PPR, which has been reported in nearly 4,000 animals across the country.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/09/11/feature-01

10-September-2008

Doing Business 2009: Reforms speeds up in MENA

Morocco and its Middle East and North African neighbors continue to ease the regulatory burden of doing business, according to Doing Business 2009 — the sixth in an annual series of reports published by IFC and the World Bank.

English

http://www.doingbusiness.org/ExploreEconomies/?economyid=132

10-September-2008

Fairmont Announces Resort In Morocco

Fairmont Hotels & Resorts has announced a new property, Fairmont Marrakech, Morocco, slated to open in 2011. Building on its growing presence in Europe, Africa and the Middle East, the resort will join other hotels in the region including Fairmont Zanzibar, Tanzania; Fairmont Towers Heliopolis, Cairo; Fairmont Mara Safari Club, Kenya and London’s Savoy, reopening in 2009 following an extensive restoration.

English

http://www.hotelsmag.com/article/CA6594881.html?industryid=47562

10-September-2008

Morocco's FOGARIM fund benefits aspiring homeowners

Morocco's housing-assistance fund FOGARIM recorded a 15% increase in the loans given since last year, the Ministry of Housing, Reconstruction and Urban Development said in statement issued last month. In just a few years, the programme has improved living standards for more than 200,000 Moroccans with limited incomes.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/09/10/feature-02

9-September-2008

Gulf Holdings Company launches Morocco project

Gulf Holdings Company (GHC)Gulf Holdings Company, a Middle Eastern diversified holding company, yesterday launched a Dh2.9 billion mixed-use project, Villa Royale, in Morocco. The developer also announced it has acquired 600,000 square metres of land in that country. The Villa Royale project marks GHCGHC's entry into the North African market and is part of the company's mid-term strategy and its first venture outside Bahrain.

English

http://www.zawya.com/Story.cfm/sidZAWYA20080909040843/secIndustries/pagReal%20Estate

8-September-2008

Morocco launches study to upgrade fisheries

Morocco has launched a study to set up a strategy aimed to develop the competitiveness of the field of fisheries in Morocco, according to a press release of the Agriculture and Fisheries Ministry.

English

http://www.map.ma/eng/sections/economy/morocco_launches_stu/view

8-September-2008

Morocco 'offers adventure to visitors'

Morocco has been praised for offering visitors the chance to enjoy a number of exciting activities. Tour operator Journey Beyond Travel said holidaymakers are becoming increasingly keen to engage in more adventurous pursuits to make the most of their time abroad.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/morocco-offers-adventure-to-visitors-060908.aspx

5-September-2008

Morocco's financial sector weathering global storm

Morocco's financial sector is weathering the global storm, said theOxford Business Group (OBG) on Thursday, noting that the country is on track to continue its plan to float.

English

http://www.map.ma/eng/sections/box4/morocco_s_financial/view

4-September-2008

Seasonal work flourishes during Ramadan

Small businesses began to thrive throughout Morocco's working-class districts last week ahead of the start of Ramadan. Each year, many people seize the opportunities offered by this special period of high consumption to take on seasonal work, thereby improving their income and staving off the torment of unemployment.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/09/01/feature-02

3-September-2008

Morocco's Logan penetrates Egypt's market

Moroccan-manufactured Logan cars will now be exported into the Egyptian market following an agreement between the two countries. The deal is by virtue of the Agadir Free Trade Agreement, signed in 2004 between Morocco, Tunisia, Egypt and Jordan and came into effect in April 2007.

English

http://www.africanews.com/site/list_messages/20310

3-September-2008

Morocco's ONE, Finnish company sign power plant deal

Morocco's National Electricity Office (ONE) and Finnish company Wartsila signed a contract to increase production capacity at the Central Gas Turbine in Dakhla by 16.5 mega watts.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/09/03/newsbrief-07

2-September-2008

Moroccan wine industry improves with age

Cellars of Meknes, Morocco's largest wine producer, has steadily improved the quality of Moroccan wine over the last 40 years, while maintaining traditional wine-making methods.

English

http://www.france24.com/en/20080831-morocco-wine-making-quality-improves

2-September-2008

Energy products, capital goods push up Morocco's imports

Purchases of energy products, mainly crude oil, and capital goods have pushed up Morocco's imports of goods, which reached, up to the first seven months of 2008, some $23.7bln, i.e. a 29,9 % rise compared to the same period a year earlier.

English

http://www.map.ma/eng/sections/economy/energy_products_cap_1/view

29-August-2008

Morocco upscales Tangier for $320mln

A large-scale development program, requiring MAD 2.46bln (about $320mln) to upgrade the northern city of Tangier was approved Friday under the chairmanship of King Mohammed VI.

English

http://www.map.ma/eng/sections/box1/morocco_upscales_tan/view

29-August-2008

Morocco - Telecoms Market Overview Statistics & Forecasts

Morocco is one of the most advanced telecommunications markets in Africa, featuring a majority-privatized, highly profitable incumbent telco, three fixed network operators, a mobile penetration in excess of 55%, as well as the highest penetration and some of the lowest prices for broadband access on the continent.

English

http://hardware.itbusinessnet.com/articles/viewarticle.jsp?id=501330

27-August-2008

Circle Oil oil buys 60 pct of Oulad N'zala permit in Morocco

Circle Oil Plc. said it has completed the acquisition of a 60 percent interest in the Oulad N'Zala permit in the Rharb Basin in Morocco and added that production from ONZ4 gas discovery well in the same permit is scheduled to start production on Sept. 15.

English

http://www.forbes.com/afxnewslimited/feeds/afx/2008/08/27/afx5362572.html

26-August-2008

Mortgage Loans, Consumer Credit Climbs to Record in Morocco

Mortgage loans and consumer credits in Morocco surged to a record in the first half helped by lower interest rates.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=aQ22mbBBMq2Q&refer=africa

25-August-2008

Dana Petroleum to drill for oil and gas in Morocco

Dana Petroleum will begin drilling an exploration well in Morocco on the Bouanane license, the company said in a press release Wednesday (August 20th). Moroccan state oil and mining company ONHYM has a 25% interest in the project.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/08/22/newsbrief-04

25-August-2008

Unemployment down in Morocco, but it’s still a long road

Morocco's unemployment rate, long a concern, has dropped steadily so far this year, on the back of services and construction growth. Further reforms to bolster competition and openness will help this trend continue.

English

http://dailystaregypt.com/article.aspx?ArticleID=15931

21-August-2008

Marrakesh for less

Cox & Kings has recently released its new Middle East brochure for 2009, featuring an extended collection of properties in Marrakesh and throughout Morocco.

English

http://www.easier.com/view/Travel/Holidays/article-198125.html

20-August-2008

Morocco to open airwaves to private media

Morocco's Superior Council of Audiovisual Communication will seek proposals for private radio and television services. The decision is part of the country's liberalization of audiovisual space begun two years ago.

French

http://www.apanews.net/apa.php?page=show_article&id_article=72976

19-August-2008

Morocco tops list of 'upcoming' backpacker destinations

The African country of Morocco has topped a list of up and coming backpacker destinations. According to new research from Hostelworld.com, the number of backpackers visiting Morocco has increased by 103 per cent since 2007.

English

http://www.gotravelinsurance.co.uk/public/news.asp?id=18739791

19-August-2008

Public savings in Morocco jump to more than US$2 billion

The Morocco's finance ministry says public finances of Morocco at the end of May saw public savings of US$2 billion and a budget surplus of US$985 million dollars.

English

http://www.afriquenligne.fr/public-savings-in-morocco-jump-to-more-than-us$2-billion-2008081910981.html

18-August-2008

Concept of Escape realty development in Ajman goes to Morocco

Equine Management Services (EMS), the concept designers of Escape real estate development in Ajman, is all set to take the same concept to Morocco, according to a top executive.

English

http://www.gowealthy.com/gowealthy/wcms/en/home/news/real-estate/Escape-realty-project-1219043686531.html

18-August-2008

Morocco biggest market for micro finance in Mediterranean region

Morocco is the largest market for micro finance in the Mediterranean region, with nearly half of clients, reported the Facility for Euro-Mediterranean Investment and Partnership (FEMIP), which is under the European Investment Bank (EIB).

English

http://www.map.ma/eng/sections/last_economy/morocco_biggest_mark/view

14-August-2008

Morocco: export of vegetables and fruit increased

Export of vegetable and fruit increased by 14% this year. Last year 640,000 tons were exported, this year it was 748,000 tons. This increase is the result of the fact, that rival countries, such as Spain, Italy and France are, because of production costs, no longer as interested in early crops as previously.

English

http://www.freshplaza.com/news_detail.asp?id=26631

14-August-2008 

Morocco tops Maghreb region in remittances

Moroccan officials have heralded a significant increase in the amount of money Moroccan expatriates are sending home. Government efforts are underway to encourage Moroccans living abroad to increase their investments at home, and to allay concerns about bureaucracy and corruption.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/08/13/feature-02

13-August-2008

EU to review Morocco-Spain tunnel project

Morocco and Spain are working to finalize plans for a tunnel under the Strait of Gibraltar, to present to a joint EU-Moroccan commission in October. If successful, the tunnel would link Africa to Europe by rail.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/08/12/feature-02

13-August-2008 

Morocco Property enters the Premier League with Moroccan Sands

Leading property magazine Homes Overseas today announced that Morocco had entered the Premier League of overseas destinations and is now amongst the elite destinations to buy a property abroad.

English

http://www.prleap.com/pr/124428/

13-August-2008 

Morocco's public savings exceed $2 billion in five months

Morocco achieved $2.2 billion in public savings and a budgetary surplus of $900 million in the first five months of the year.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/08/12/newsbrief-05

12-August-2008

Financial leaders say a closed Moroccan-Algerian border is bad for business

Since the Morocco-Algeria border closure in 1994, any potential resolution of the issue has been slowed by politics. Bankers and business leaders, however, argue that shared economic interests should soften hardened political positions.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/reportage/2008/08/04/reportage-01

12-August-2008 

Foreign movie productions totaled $ 111 mln during 1st half of 2008

Some 17 foreign movies were shot in Morocco during the first half of 2008, worth some $ 111 mln, which is "a record that has never been achieved before," according to the Moroccan Cinematographic Center (CCM).

English

http://www.map.ma/eng/sections/box3/foreign_movie_produc/view

8-August-2008

Over 7 million passengers passed through Moroccan airports up to July

Some 7,480,838 passengers passed through the Moroccan airports during the past seven months, against 6,852,456 in the same period of 2007 , i.e. a 9.2% increase.

English

http://www.map.ma/eng/sections/last_general/over_7_million_passe/view

8-August-2008 

Off the beaten track in Morocco

Off-Road-Destinations.com launches this week with a series of high adrenaline trips across the deserts and mountains of Morocco by self-driven quad, motorbike or 4x4.

English

http://www.easier.com/view/Travel/Holidays/article-195674.html

7-August-2008

Morocco second-quarter jobless drops to 9.1 pct

Moroccan unemployment fell to 9.1 percent in the second quarter from 9.6 percent in the first as construction and services soaked up more available labor, the state High Planning Commission said on Thursday.

English

http://www.moneybiz.co.za/business_in_africa/Morocco_second_quarter_jobless_drops_to_9_1_pct.asp

6-August-2008

Moroccan expatriates' remittances up 5% in 2008 H1

The remittances of the Moroccan expatriates living abroad jumped 5% in the first half of 2008, while travel earnings remained stable, reaching $ 3.2 bln, the "Office des Changes" (exchange rate monitoring department) said.

French

http://www.map.ma/eng/sections/box5/moroccan_expatriates6062/view

5-August-2008

Moratinos discusses new tunnel link during Morocco visit

Spanish Foreign Minister Miguel Angel Moratinos and his Moroccan counterpart Taieb Fassi Fihri met Monday (August 4th) in Tangier to discuss bilateral relations, including the project for the tunnel link between Morocco and Spain.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/08/05/newsbrief-03

4-August-2008

Morocco beach resort launched

Diar’s Al Houara coastal resort project near Tangier in Morocco has been launched in London at a sales event attended by numerous international investors.

English

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=233599&version=1&template_id=36&parent_id=16

4-August-2008 

Over 3M tourists visited Morocco in 1st half of 2008

Around 3.2 million tourists visited Morocco in the first half of 2008, a 12% rise compared with the same period of last year, revealed figures of the Department of Tourism.

English

http://www.map.ma/eng/sections/box5/over_3m_tourists_vis/view

4-August-2008 

Moroccans hail new plan for direct financial aid

Since oil and food subsidies may fail to reach the country's poorest citizens, Morocco is overhauling the Caisse de Compensation to provide eligible families with direct aid to pay for necessities.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/08/04/feature-02

31-July-2008

International Monetary Fund Praises Morocco's Economic Performance and Reforms; Continued Growth Anticipated

In a statement released this morning, International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn called Morocco "a pillar of development in the region" and congratulated King Mohammed VI and the Central Bank on Morocco's continued strong economic progress and effective management of monetary policy.

English

http://www.marketwatch.com/news/story/international-monetary-fund-praises-moroccos/story.aspx?guid=%7B76C2DD9F-59CC-4750-A85E-2206E03BE00A%7D&dist=hppr

31-July-2008 

Conference on Trade and Investment in Morocco

The Middle East Association MEA in partnership with the Moroccan British Business Council is organizing a major Tourism, Trade & Investment Conference in Tangier on 16 October, to be followed by site visits to major projects in Northern Morocco on 17 October.

English

http://english.alarabonline.org/display.asp?fname=2008%5C07%5C07-31%5Czbusinessz%5C980.htm&dismode=x&ts=31/07/2008%2011:05:53%20%C3%95

30-July-2008

easyJet to add new Morocco routes in October

easyJet will be adding two new flights to Morocco in time for the winter season. The new cheap flights will depart from Charles de Gaulle Airport in Paris and will be launched on October 27th 2008.

English

http://news.skyscanner.net/articles/2008/07/000493-easyjet-to-add-new-morocco-routes-in-october.html

30-July-2008 

Morocco has been able to cope with the difficult international environment

Morocco has been able to cope with the difficult international environment marked by deep changes in the global economy, unprecedented increases in energy and staple food prices, as well as sluggish economic activity in many countries, especially in developed nations, the King said on Wednesday.

English

http://www.map.ma/eng/sections/box5/morocco_has_been_abl/view

30-July-2008 

Maroc Telecom first half net income up 18%; raises outlook

Maroc Telecom has posted a 17.6% year-on-year rise in first half net profit to MAD4.5 billion (USD618 million), on revenues that increased by 10% to MAD14.3 billion.

English

http://www.telegeography.com/cu/article.php?article_id=24311&email=html

29-July-2008

Essaouira named as a Moroccan property hotspot

Buyers looking to purchase an investment property in Morocco should consider Essaouira as it is likely to prove a draw to tourists, fleewinter.com has advised.

English

http://www.knightfrank.com/news/directnews/Essaouira_named_as_a_Moroccan_property_hotspot_01215.aspx

29-July-2008 

IMF Executive Board Concludes 2008 Article IV Consultation with Morocco

Executive Directors welcomed Morocco's continued good economic performance, and concurred that, owing to an increasingly diversified economy, stronger public finances, and a sound financial sector, the outlook remains favorable in spite of the more difficult global environment.

English

http://www.imf.org/external/np/sec/pn/2008/pn0891.htm

29-July-2008 

Morocco expects 6000 jobs from new investment projects

The Moroccan government approved 16 investment projects totaling $2.8m. Moroccan Prime Minster Abbas El Fassi said the projects in six regions of the country are expected to generate about 6,000 jobs.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/07/29/newsbrief-06

28-July-2008

Regional NGOs unveil Maghreb Peoples' Charter

The first Maghreb Social Forum, which gathered some 2000 representatives of regional NGOs, ended Sunday (July 27th) in El Jadida, Morocco, with calls for opening borders between Maghreb countries.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/07/28/newsbrief-03

28-July-2008 

Morocco sees trade opportunity in global downturn

Slowing European Union economies could damage the exports Morocco needs to offset a soaring fuel import bill, but the north African country sees opportunities as well as risks, a government minister said on Monday.

English

http://www.guardian.co.uk/business/feedarticle/7683929

28-July-2008 

Morocco to shift tourist focus away from the beaches

As part of the Vision 2010 tourist plan, Morocco hopes to bolster its tourism industry by encouraging visits not only to beaches, but also to rural mountainous and desert destinations such as Chefchaouen, Ifrane and Ouarzazate.

English

http://www.agoravox.com/article.php3?id_article=8538

25-July-2008

Morocco bans tobacco smoking in public places

Morocco's House of Representatives, the kingdom's lower House, Wednesday passed a bill banning smoking in public places, tobacco advertising and selling to minors, a statement by the legislative institution said Thursday.

English

http://www.afriquenligne.fr/morocco-bans-tobacco-smoking-in-public-places-200807249522.html

25-July-2008

Morocco promotes rural tourism

Morocco is co-operating with France and the EU to enhance tourist access to rural villages in the Kingdom, as part of Morocco's "Vision 2010" tourism initiative.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/reportage/2008/07/21/reportage-01

25-July-2008 

Morocco financial market opening on track

Turbulence in the global banking system has not disrupted Morocco's plan to integrate further into financial markets by opening capital accounts and adopting a more flexible exchange rate, central bank officials said.

English

http://africa.reuters.com/business/news/usnBAN552942.html

24-July-2008

Kempinski to manage US$660 million Moroccan resort

Qatari Diar Real Estate Investment Company is developing a signature 18-hole golf course as part of a US$660 million luxury resort project on the Moroccan coast in Tangier.

English

http://www.bi-me.com/main.php?id=22873&t=1&c=33&cg=4&mset=

24-July-2008

Credit crunch 'not affecting Morocco'

According to Dominic Farrell, editor of Jet-to-Let magazine, the ongoing credit crisis is mainly affecting countries such as the UK, the US and Ireland. By contrast, many financial institutions in Morocco are still apparently lending money to customers.

English

http://www.propertyshowrooms.com/morocco/property/news/credit-crunch-not-affecting-morocco_13174.html

24-July-2008

Govt. unveils 2008-2012 strategy to face global economic situation

Economy and Finance minister, Salaheddine Mezouar, unveiled, here Tuesday, the main aspects of the 2008-2012 strategy for socio-economic development to cope with the current global economic situation.

English

http://www.map.ma/eng/sections/box3/govt._unveils_2008-2/view

24-July-2008 

GAF AG Starts Geological Mapping and GIS Project for the Moroccan Ministry of Energy and Mines

GAF AG, an internationally active geo-information technology and consulting company, announces contract signature with the Ministry of Energy, Mines, Water and Environment in the Kingdom of Morocco and the beginning of work for the geological mapping of 7 map sheets in the Anti-Atlas area.

English

http://spatialnews.geocomm.com/dailynews/2008/jul/24/news1.html

23-July-2008

Morocco Likely To Boost Currency Flexibility By End-09

Morocco should be close to making its currency more flexible by the end of next year, Minister of Industry, Commerce and New Technologies Ahmed Chami said Wednesday.

English

http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=182dfd22-7a10-4805-92d4-313ebb5a9d13

22-July-2008

Maroc Telecom revenues rise 10% in first half

Maroc Telecom has reported a 10% year-on-year rise in first half consolidated group revenues to MAD14.308 billion (USD1.985 billion), thanks to the continuing growth of its domestic and foreign mobile operations.

English

http://www.telegeography.com/cu/article.php?article_id=24151&email=html

21-July-2008

Worcester Firm Works To Strengthen Ties To Morocco

In order to work on better ways to attack cancer and other illnesses, Mostafa Abdelouahed has found ways to reach back to his Moroccan homeland to help build a cutting-edge research and development laboratory and pharmaceutical manufacturing plant.

English

http://www.wbjournal.com/news41230.html

21-July-2008 

New oil exploration contract in Morocco

Morocco signed an oil exploration contract covering 19.951 km2 in the southeast region of the country with Petro-Canada and the German company RWE Dea based in Hamburg.

English

http://www.lesafriques.com/en/morocco/new-oil-exploration-contract-in-morocco.html?Itemid=27?articleid=0148&sectionid=&releasecatid=&countrytitle=

17-July-2008

Moroccan property firm sees big demand after IPO

Moroccan property firm Alliances Developpement Immobilier ADI.CS failed to trade after listing on Thursday as bids came in above a stock market trading limit and traders talked up the company's earnings prospects.

English

http://in.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idINL1783103620080717

17-July-2008

King launches industrial park for small businesses

King Mohammed VI launched on Thursday the construction of an industrial park aimed to encourage the creation of small and medium scale businesses in the northeastern region of Nador.

French

http://www.map.ma/eng/sections/box1/king_kicks_off_works/view

17-July-2008

New $26m housing project planned for Morocco's Nador province

King Mohammed VI inaugurated a $26.5m integrated housing programme in the Zaio urban commune in Morocco's Nador province on Wednesday (July 16th).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/07/17/newsbrief-05

16-July-2008

Morocco seeks energy security

Morocco, a country where 96% of energy is imported, has announced a plan to reduce dependence on foreign supplies by encouraging increased efficiency and the use of sustainable alternative energy sources.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/07/16/feature-01

15-July-2008

Royal Air Maroc Awards Engineering Support Contract to Snecma Services

Royal Air Maroc, the national flag carrier of Morocco, based at the Casablanca international aircraft, announced today that it has signed an engineering support contract with Snecma Services (SAFRAN Group), a leading CFM56 OEM shop.

English

http://www.amtonline.com/article/article.jsp?siteSection=1&id=5979

15-July-2008 

Morocco's economy 'will keep growing'

A government official in Morocco has predicted that the country will continue to see strong economic growth in the next four years.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/moroccos-economy-will-keep-growing-150708.aspx

15-July-2008 

Moroccan Inflation Slowed to 4.7% in June on Lower Food Prices

Moroccan inflation slowed in June for the first time in five months as the cost of food in the North African country declined.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=aeZiAEUah7hw&refer=africa

14-July-2008

Remarkable Nine-Year Rental Guarantee at Salama Valley 3, Morocco

Villas at Salama Valley 3  are considered by the International Property Investment Network (IPIN) to be one of the most promising investment opportunities in Morocco.

English

http://www.pr-usa.net/index.php?option=com_content&task=view&id=118990&Itemid=34

14-July-2008 

Egypt's Pioneers wants Gulf money to go to Morocco

Egypt's investment bank Pioneers Holding wants to attract excess liquidity from the oil-rich Gulf region and Egypt to Morocco and North Africa where it has recently expanded, its vice president said on Monday.

English

http://africa.reuters.com/business/news/usnBAN453274.html

14-July-2008 

Cooperation, Med Union shape Zapatero's visit to Morocco

The issues of illegal immigration, planned launch of the Union for the Mediterranean (UPM) and economic cooperation have broadly dominated talks of Spanish Prime Minister Luis Rodriguez Zapatero with Moroccan officials.

English

http://english.people.com.cn/90001/90777/90853/6449044.html

14-July-2008 

Royal Moroccan Air Force Selects Goodrich DB-110 Airborne Reconnaissance System

Goodrich Corporation has received a contract from the U.S. Air Force to provide its advanced DB-110 airborne reconnaissance system for the Royal Moroccan Air Force's new Block 52+ F-16 fighters.

English

http://www.tradingmarkets.com/.site/news/Stock%20News/1755317/

14-July-2008 

Addoha seeks approval for $411 mln bond issues

Moroccan property firm Addoha ADH.CS will ask shareholders next month to approve bond issues worth 3 billion dirhams ($410.6 million) over the next five years and a 10-for-1 share split, it said on Monday.

English

http://in.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idINL1455466920080714

 

11-July-2008

Morocco sees 6.3 pct annual growth until 2012

Morocco's economy is likely to grow by 6.3 percent annually over the next four years as investor-friendly reforms kick in and the kingdom pushes into new export industries and services, the finance minister said.

English

http://in.reuters.com/article/oilRpt/idINL1133262320080711

11-July-2008 

Mediterranean Union dominates Zapatero's talks in Morocco

Spanish Prime Minister Jose Luis Rodriguez Zapatero arrived in Morocco Friday for talks that were dominated by economic issues and this weekend's planned launch of the new Union for the Mediterranean (UPM).

English

http://afp.google.com/article/ALeqM5hpQLFI6LU-QOZb2X8gKs7OoTWWvg

10-July-2008

Morocco to host new USD 100Mn medical complex in Casablanca

Abu Dhabi municipality and French Jacob France Engineering Consultancy Group, on Wednesday, signed a USD 100Mn contract for building the Sheikh Khalifa bin Zayed specialized medical complex in Casablanca, Morocco's economic capital.

English

http://www.map.ma/eng/sections/last_social/morocco_to_host_new/view

10-July-2008 

TransAtlantic announces farm-in to seven blocks in Morocco

TransAtlantic Petroleum Corp., an oil company engaged in the exploration, development and production of crude oil and natural gas in Morocco, Turkey and Romania, along with partner Longe Energy, Ltd., have agreed to farm-in to the Ouezzane-Tissa and Asilah exploration permits held by Direct Petroleum Morocco, Inc. and Anschutz Morocco Corporation in northern Morocco.

English

http://www.oilmarketer.co.uk/2008/07/10/transatlantic-farms-in-to-seven-blocks-in-morocco/

10-July-2008 

Morocco's long-term IDR affirmed at 'BBB-'; outlook stable

Fitch Ratings affirmed the Kingdom of Morocco's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-' and 'BBB', respectively, citing the country's resilient net external creditor position

English

http://www.forbes.com/afxnewslimited/feeds/afx/2008/07/10/afx5201386.html

9-July-2008

Morocco sees subsidies slowing 2008 inflation to 3.1%

Moroccan consumer prices are likely to rise 3.1 percent this year, compared with 3.8 percent in 2007, as subsidies on fuel and basic foods offset soaring world commodity prices, the High Planning Commission (HCP) said.

English

http://africa.reuters.com/business/news/usnBAN954534.html

8-July-2008

Damas to Open Stores in Morocco, Tunisia

Damas International, the international integrated jewelery and watch retailer the UAE-based jeweler, is to open stores in Morocco and Tunisia before the end of the year.

English

http://english.alarabonline.org/display.asp?fname=2008%5C07%5C07-08%5Czbusinessz%5C990.htm&dismode=x&ts=08/07/2008%2002:56:37%20%C3%A3

8-July-2008 

Morocco grants Maersk, PSA container licenses

Morocco's main port state agency said on Tuesday it has awarded licenses to two consortiums led by Danish shipping and oil group A. P. Moller-Maersk and Singapore's state-owned PSA International.

English

http://africa.reuters.com/business/news/usnBAN855360.html

8-July-2008 

House price growth continues strong in Morocco

The VIPs arrived long ago, including Sting, Mick Jagger, Princess Alexandra, David Bowie, Vanessa Branson, Alain Delon. Many occupy luxurious palaces around Marrakech. The tradition of Western interest goes back to Winston Churchill’s famous patronage of Marrakech’s beautiful Mamounia Hotel.

English

http://www.bi-me.com/main.php?id=22239&t=1&c=62&cg=4&mset=

7-July-2008

Morocco telecom company Meditel to invest US$577 million

Moroccan telecommunications service provider Meditel plans to invest MAD 4.2 billion (US$577.1 million) over the next two years to keep pace with market growth and develop new services, the company said on Wednesday.

English

http://www.bi-me.com/main.php?id=22229&t=1&c=129&cg=4&mset=1011

7-July-2008 

Gazprom's real estate subsidiary to invest one bln euros in Morocco

The real estate subsidiary of Russian gas giant Gazprom is to invest nearly one billion euros in northern Morocco.

English

http://www.forbes.com/afxnewslimited/feeds/afx/2008/07/04/afx5184742.html

7-July-2008 

Al Johara – Marrakech’s First Family Development

Al Johara – meaning simply ‘the Jewel’ - is a residential masterpiece set on 156 acres of land just 20 minutes from Marrakech. Whilst unashamedly five star marrying high qualities with extensive facilities and property designs inspired directly from the ancient walled city, Al Johara is also the first resort to cater to family living.

English

http://www.nubricks.com/archives/879/al-johara-marrakechs-first-family-development/

3-July-2008

Morocco's telecommunications sector soars to US$4.1 billion

Although the increase in Internet use falls behind that in telephony, Morocco's telecommunications sector is growing full throttle.

English

http://www.bi-me.com/main.php?id=22100&t=1&c=33&cg=4&mset=

3-July-2008 

Algeria, Morocco sign power export accord

Algerian state electricity company Sonelgaz and Moroccan power utility ONE on Thursday signed a power transit agreement to allow Algeria to export up to 1 000 MW to Spain.

English

http://www.engineeringnews.co.za/article.php?a_id=137271

3-July-2008 

Morocco's telecommunications sector booming

Ten years after the beginning of liberalization in Morocco's telecommunications sector, indicators for the industry are all green.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/07/02/feature-02

2-July-2008

Improving community access to ICT in Morocco

One-day training of trainers on community access to ICT, jointly organized by UNESCO and the Department of Post, Telecommunication and New Technologies (Moroccan Ministry of Industry, Trade and New Technologies), took place today in Rabat.

English

http://portal.unesco.org/ci/en/ev.php-URL_ID=27301&URL_DO=DO_TOPIC&URL_SECTION=201.html

2-July-2008 

Contract for Khalifa medical complex in Morocco signed

A contract for building the Sheikh Khalifa bin Zayed specialized medical complex in Casablanca, Morocco, was signed Wednesday between Abu Dhabi Municipality and French Jacob France Engineering Consultancy Group.

English

http://insidethegulf.com/central.php?o=1&s=832&d=3&i=758

2-July-2008 

Morocco define Broadband Strategy with Cisco assistance

Internet Business Solutions Group (IBSG), the consulting arm of Cisco has entered into a partnership with the Moroccan government to boost economic development and accelerate digital transformation.

English

http://www.developingtelecoms.com/content/view/1294/26/

1-July-2008

Maghreb agriculture ministers: free trade zone enhances food security

Agricultural ministers from Algeria, Mauritania, Morocco, Tunisia and Libya gathered Monday (June 30th) in Fez for a conference on Maghreb agriculture.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/07/01/newsbrief-03

1-July-2008 

Morocco Q1 growth up 7 pct on farming recovery

Morocco's gross domestic product expanded 7 percent in the first quarter compared with 3 percent in the same period a year ago as the country's key farming sector recovered from drought, the High Planning Commission said on Monday.

English

http://africa.reuters.com/business/news/usnBAN123819.html

30-June-2008

Morocco calls for speeding up creation free zone in Maghreb

Moroccan Minister of Agriculture and Fisheries, Aziz Akhannouch called on Monday for stepping up efforts in order to create a free trade zone among Maghreb countries.

English

http://www.map.ma/eng/sections/box4/morocco_calls_for_sp/view

30-June-2008 

Property Logic wins CNBC awards in Morocco

Property Logic announced that it had won three of this year's CNBC Arabian Property Awards for the categories of Best Architecture, Best Development and Best Golf Development for its flagship project, Le Jardin de Fleur located in Mediterrania-Saïdia, Morocco.

English

http://english.alarabonline.org/display.asp?fname=2008%5C06%5C06-29%5Czbusinessz%5C981.htm&dismode=x&ts=29/06/2008%2001:48:46%20%C3%A3

27-June-2008

U.S. Grains Council Helps Promote Increase in U.S. Corn Exports to Morocco

The U.S. Grains Council identified Morocco as an emerging market for U.S. feed grains in 1994 and since then has mobilized the country’s poultry and livestock sectors to incorporate modern production practices.

English

http://www.grainnet.com/articles/U_S__Grains_Council_Helps_Promote_Increase_in_U_S__Corn_Exports_to_Morocco_-59538.html

27-June-2008 

Indiana State-Moroccan group collaboration a winning prospect

For the first time in its history, a local public university was openly challenged by a capable and financially solid private group to help it start a not-for-profit university and come up with a plan within six months. The parties involved are Indiana State University and the Chaabi Group of Morocco.

English

http://www.tribstar.com/flashpoint/local_story_178235842.html

27-June-2008 

Morocco praised for developing tourism sector

The Moroccan government has been praised for its efforts in boosting the country's tourism industry.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/morocco-praised-for-developing-tourism-sector-270608.aspx

26-June-2008

DuPont Offerings Showcased at Crop Exhibition in Morocco

DuPont Crop Protection recently collaborated with DuPont business Pioneer Hi-Bred, DuPont Qualicon, and DuPont/Bunge joint venture Solae to present a "one-stop shop" at an international fruit and vegetable exhibition in Morocco.

English

http://www.webwire.com/ViewPressRel.asp?aId=68810

26-June-2008 

Morocco Wants to Make Ethanol with Brazilian Help

Morocco is interested in producing ethanol and wants help from Brazil in the area. The subject was discussed Tuesday, June 24, in Rabat, by the Brazilian minister of Foreign Relations, Celso Amorim, and the Moroccan minister of Energy, Mines, Water and Environment, Amina Benkhadra.

English

http://www.brazzilmag.com/content/view/9494/1/

25-June-2008

Morocco - AfDB Approves 66 Million Euros for Public Administration Support Programme

The African Development Bank (AfDB) will support the third phase of Morocco's Public Administration Reform Support Programme (PARAP III) with  a € 66 million loan approved on Wednesday in Tunis, by the Bank's Board of Directors.

English

http://allafrica.com/stories/200806250954.html

25-June-2008 

Morocco seeks to raise renewable energies' contribution to energy production to 10% by 2020

Morocco has devised a national plan aimed at raising the contribution of renewable energies to the production of energy from 4% to 10% by 2020, Energy, Mining, Water and Environment Minister said on Tuesday.

English

http://www.map.ma/eng/sections/box2/morocco_seeks_to_rai/view

24-June-2008

World Bank loan supports administrative reform in Morocco

The World Bank granted Morocco two loans totaling $250m to support the government's public administration reform and help the state electricity company improve its performance.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/06/24/newsbrief-02

24-June-2008 

Unemployment rates fall in Morocco

Morocco's urban unemployment has decreased 6.6% over the last nine years, while unemployment in rural areas fell from 5.4% to 3.8% over the same period, Minister of Employment and Vocational Training Jamal Rhmani said during a press briefing on Monday (June 23rd).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/06/24/newsbrief-03

23-June-2008

Marrakech road-map adopted by African and South American states

African and Latin American trade ministers adopted the Marrakech road map which aims at the consolidation of a strategic South-South trade, during a meeting in Marrakech, Morocco.

English

http://en.afrik.com/article13922.html

23-June-2008 

Morocco hosts international youth environmental conference

Young people from across the Mediterranean gathered in Ahfir, Morocco on Saturday (June 21st) to begin a nine-day conference on the environment.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/06/23/newsbrief-08

23-June-2008 

Morocco property firm Alliances plans $271 mln IPO

Moroccan property company Alliances Developpement Immobilier aims to raise 2 billion dirhams next month via an initial public offering on the Casablanca stock exchange, the company said on Monday.

English

http://africa.reuters.com/business/news/usnBAN356527.html

23-June-2008 

Moroccan Furniture and Tiles: New Shipment Offers A Selection of Handmade Pieces

Star of Morocco announces the arrival of its newest container of exquisitely handmade Moroccan furniture. This latest shipment includes a vast array of Moroccan buffets and cabinets, small hand-painted Moroccan tables, hand-decorated tea glasses, as well as intricately decorated Moroccan doors.

English

http://www.24-7pressrelease.com/view_press_release_printer_friendly.php?rID=54193

20-June-2008

Africa, Latin America pledged to contribute to Doha Cycle conclusion

Trade ministers from Africa and Latin America have committed to actively contribute to the conclusion of the Doha cycle as soon as possible in order to reach a universal, functional, open, non-discriminatory and fair multilateral trade system, which promotes development.

English

http://www.map.ma/eng/sections/box5/africa_latin_americ/view

19-June-2008

FTA exchanges constitute 90% of Morocco's foreign trade

Exchanges carried out as part of free trade agreements (FTA) constitute 90% of Moroccan foreign trade, most of which with the European Union, Finance minister, Mr. Salaheddine Mezouar, said on Wednesday.

English

http://www.map.ma/eng/sections/box2/fta_exchanges_consti9554/view

19-June-2008 

Moroccan finance minister forecasts up to 6.5% economic growth

Moroccan Finance Minister Salaheddine Mezouar said Wednesday (June 19th) that the country's economic growth could reach 6.2-6.5% in the coming years despite an "unstable international economic situation."

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/06/19/newsbrief-05

19-June-2008 

Hubbard Technical Seminar in Morocco: A Confirmation of Success

The Hubbard technical seminar organized for the Moroccan hatcheries and producers held in April 2008 used the theme: "Better production to gain more". The seminar gathered the vast majority of the hatcheries and producers resulting in many fruitful discussions.

English

http://www.thepoultrysite.com/poultrynews/15203/hubbard-technical-seminar-in-morocco-a-confirmation-of-success

19-June-2008 

African nations abolish visas for business travelers

Morocco and 24 other countries spanning half of Africa have agreed to abolish visas for their business travelers and some other professionals in what could potentially be a major relaxation of migration rules.

English

http://in.reuters.com/article/oilRpt/idINL1980716620080619

18-June-2008

IFC breaks new ground in MENA financing

The International Finance Corporation has signed a risk-sharing agreement with a group of four Moroccan financial institutions, enabling them to extend the tenor of a recently signed MAD300 million (USD40 million) loan to RADEEJ, the water and electricity utility of El Jadida.

English

http://www.globalwaterintel.com/index.php?page=articleView&articleId=2735

17-June-2008

Morocco-U.S. FTA hoists trade volume to $2.3 bln in 2007

Trade volume between Morocco and the United States totaled 2.3 billion U.S. dollars in 2007, up from 1.4 billion dollars a year earlier, due to the entry into force of the Free Trade Agreement (FTA) in 2006, a Moroccan official said Tuesday.

English

http://news.xinhuanet.com/english/2008-06/18/content_8388675.htm

17-June-2008 

Altitude Software Customers Lead Morocco s Global Contact Center Outsourcing Market Drive

At the 5th Edition of the Siccam contact center trade show, the Altitude Software supported Morocco contact centers of Atento, b2s and Atlas Online win Siccam Awards for its performance and industry leadership.

English

http://www.tmcnet.com/usubmit/2008/06/17/3502861.htm

16-June-2008

Taqa forays into Morocco renewable energy sector

Abu Dhabi National Energy Company (Taqa), a global energy company, has signed a strategic partnership agreement with Theolia, a leader in the production of electricity from wind energy, thus marking its foray into renewable energy sector in Morocco.

English

http://www.tradearabia.com/news/OGN_145129.html

16-June-2008

New Radisson Resort in Saïdia/Morocco

The Rezidor Hotel Group announces the Radisson Resort & Spa Saïdia in Morocco – the property featuring 384 rooms and 97 villas is scheduled to open in Q3 2010. -  With this signing we are adding a new and emerging country to our pipeline and are now present in 53 countries across EMEA”, comments Kurt Ritter, President & CEO of Rezidor.

English

http://www.boarding.no/art.asp?id=31948

16-June-2008

Morocco to build high-yield mobile phone camera factory

The U.S. firm Tessera Technologies, one of the world's leading providers of miniaturization technologies for the electronics industry, has announced it will build a factory in Morocco that will provide 10 percent of the world's needs for mobile phone cameras.

English

http://insurancenewsnet.com/article.asp?n=1&neID=20080616375.4_7562002bef76c0df

16-June-2008

GAMBLING OVERSEAS: On the road to Morocco

Moroccan developers of a nearly 1,000-acre lakefront site near the city of Ouarzazate have asked Las Vegas-based Global Gaming Group of CB Richard Ellis to help find a casino operator for the location. The development is expected to have multiple uses, including residential, nongaming hotels, shops, entertainment and a golf course with golf course villas.

English

http://www.lvrj.com/business/19954364.html

13-June-2008

Morocco moves to strengthen port co-op with Europe

The authorities of new Moroccan port Tanger-Med and three European ports have entered into a cooperation agreement with the aim of spurring the development of trade and strengthening security.

English

http://news.xinhuanet.com/english/2008-06/13/content_8362098.htm

13-June-2008 

Summer sunshine awaits in Morocco

Despite skirting the Sahara desert, Morocco has a remarkably consistent climate with average temperatures of 22C in December and 27C in July/August making it an ideal destination for the school summer holidays.

English

http://www.easier.com/view/Travel/Holidays/article-185226.html

13-June-2008 

Energy cooperation with African countries, strategic choice for Morocco

Developing energy cooperation with African countries has always been a strategic choice for Morocco, spurred by mutual interests and fruitful complementarity, Energy and Mining Minister, Amina Benkhadra, said, on Thursday.

English

http://www.map.ma/eng/sections/last_economy/energy_cooperation_w/view

12-June-2008

Crown to Build Beverage Can Plant in Morocco

Packaging products maker Crown Holdings Inc. said Thursday it will build a new beverage can plant on its existing food can manufacturing site in Casablanca, Morocco.

English

http://www.forbes.com/feeds/ap/2008/06/12/ap5111345.html

12-June-2008 

Moroccan govt chooses Cisco to define broadband strategy

Cisco has announced that as part of a strategic agreement, Cisco's global consulting arm, the Internet Business Solutions Group, will work closely with the government of Morocco to analyze and define a set of strategic actions and initiatives to help accelerate the penetration of nation-wide broadband connectivity across the kingdom.

English

http://www.telecom.paper.nl/news/article.aspx?id=218639&nr=

11-June-2008

Morocco: Office National De L’Electricite (ONE) Support Project

The Office National de l' Electricite (ONE) Support Project for Morocco aims to support the Government of Morocco’s efforts to increase the efficiency and reliability of electricity supply.

English

http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/MENAEXT/MOROCCOEXTN/0,,contentMDK:21799561~menuPK:294545~pagePK:2865066~piPK:2865079~theSitePK:294540,00.html

11-June-2008 

Morocco Sotheby's International Realty Introduces the Golf Villas and Apartments of Al Houara Resort

Morocco Sotheby's International Realty, the brokerage company for Qatari Diar, the real estate investment and development leader, showcases the most exclusive luxury resort in Tangier, Morocco Al Houara Resort.

English

http://www.emediawire.com/releases/2008/6/prweb1011074.htm

11-June-2008 

Rabat hosts Arab economic and finance forum

The Arab Forum on Economic and Finance opened on Tuesday (June 10th) in Rabat with the participation of more than 17 Arab states.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/06/11/newsbrief-07

11-June-2008

Morocco to back Mediterranean Union

A high-ranking official has revealed that the Moroccan government supports the French plan to launch a Mediterranean Union.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/morocco-to-back-mediterranean-union-110608.aspx

10-June-2008

TV channels available on cell phones in Morocco

Personal mobile television (TMP), a service that enables users of cell phones to receive free of charge television programmes, has been officially launched in Morocco, the National Radio and Television Broadcasting Corporation (SNRT) said on Monday.

English

http://www.afriquenligne.fr/news/africa-news/tv-channels-monitored-on-cell-phones-in-morocco-200806106255.html

10-June-2008

Statement by an IMF Staff Mission to Morocco

The mission met with senior government officials, the central bank, as well as representatives from the parliament, the private sector, and labor unions. Recent economic developments have been encouraging and demonstrate the resilience of the Moroccan economy.

English

http://www.imf.org/external/np/sec/pr/2008/pr08135.htm

9-June-2008

Third Moroccan mobile operator, Wana, to compete with Maroc Telecom, Meditel

A third Moroccan operator, Wana, said it will launch on the mobile telephony market on Tuesday, a market which is currently shared between Vivendi SA. unit Maroc Telecom and Meditel.

English

http://www.iii.co.uk/news/?type=afxnews&articleid=6753087&subject=general&action=article

9-June-2008

Morocco's growth rate stood at 2.7% in 2007, higher than forecast 2.2%,

Moroccan economy achieved a growth rate of 2.7 % in 2007, that is a 0.5 percentage point higher than the rate predicted (2.2%) last January by the projected economic budget, revealed, on Monday, the High Commissioner for Planning (HCP).

English

http://www.map.ma/eng/sections/box4/morocco_s_growth_rat/view

6-June-2008

Moroccan stock market to invite world’s top banks

Morocco’s fast-growing stock market plans to invite the world’s biggest investment banks to apply for membership this year, heralding a shake-up of a close-knit financial community dominated by local players.

English

http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&subsection=market+news&month=June2008&file=Business_News2008060631718.xml

6-June-2008

Total Telecom Subscribers in Morocco Will Increase from Our Projected 22.9 Million to a Forecasted 26.5 Million over the Forecast Period of 2008 - 2010

Research and Markets has announced the addition of new IE Market Research report 2Q08 Morocco Mobile Forecast, 2008 - 2010: Maroc Telecom will be losing market share to Wana in Morocco's mobile operator space to their offering.

English

http://www.tmcnet.com/usubmit/2008/06/06/3484652.htm

6-june-2008

Jorf Lasfar refinery plan in Morocco moves ahead

Abu-Dhabi's state-owned energy investment firm International Petroleum Investment Co. (IPIC) has approved a plan for construction of a refinery at Jorf Lasfar in Morocco, the latest of several projects announced for the port on the country's Atlantic seaboard.

English

http://www.ogj.com/display_article/330934/7/ONART/none/Prong/1/Jorf-Lasfar-refinery-plan-in-Morocco-moves-ahead/

6-June-2008 

Pratt & Whitney Selected to Power Royal Moroccan Air Force F-16s

The Pratt & Whitney F100-PW-229 engine has been selected by the Royal Moroccan Air Force to power their new fleet of F-16 Block 52 aircraft.

English

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/06-06-2008/0004827899&EDATE=

4-June-2008

Leading Woman Entrepreneur to Serve as Corporate Ambassador in Morocco

Kathleen K. Diamond, President/CEO of LLE(R), a global language interpretation and translation firm headquartered in Washington, DC, will be a participant in the Corporate Ambassadors Program in Casablanca, Morocco to discuss leading business issues focused on the theme "Entrepreneurship and Sustainable Growth".

English

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/06-04-2008/0004826252&EDATE=

4-June-2008 

Hyatt signs Marrakech hotel deal

Global Hyatt Corporation and Alliances Group have announced the signing of a management agreement for Park Hyatt Marrakech in Morocco.

English

http://www.tradearabia.com/news/TTN_144581.html

3-June-2008

Moroccan government develops strategy to tackle rising prices

In response to rising prices across a number of goods and materials, the Moroccan government has announced a new initiative to help consumers and stabilise the budget.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/06/03/feature-01

3-June-2008 

Morocco calls for ISF contribution to development in LDCs

Morocco has called for the contribution of the Islamic Solidarity Fund (ISF) to development in its least developed Member Countries (LDCs).

English

http://www.map.ma/eng/sections/world/morocco_calls_for_is/view

3-June-2008 

Modern Morocco working hard on investment image

As emerging markets go, Morocco is an especially interesting case. It's either an open goal waiting to be scored, or a potential investment nightmare. The government is certainly doing its bit, as visitors to the grand new Menara airport in Marrakech cannot fail to notice.

English

http://www.business24-7.ae/Articles/2008/6/Pages/06042008_c7607b52aa7b458781651286db626f26.aspx

2-June-2008

Emaar Morocco launches sale of Aldea townhomes and villas in Dubai

Emaar Morocco, the country’s subsidiary of Emaar Properties PJSC, is launching the sale of exquisite beachfront villas and forest-fringing townhomes located within its Tinja master-planned community at a special sales event in Dubai.

English

http://www.ameinfo.com/158922.html

30-May-2008

King's message to the TICAD conference in Tokyo

Click here for the full text of the message addressed by King Mohammed VI of Morocco to the 4th Tokyo's International Conference on Africa Development (TICAD).

English

http://www.map.ma/eng/sections/royal_activities/king_s_message_to_th_1/view

29-May-2008

First Phase Begins at Tinja, Morocco

The long-awaited project at Tinja is now on official release and is fast attracting attention amongst early investors. According to the International Property Investment Network (IPIN), the winning combination of a fantastic location in an emerging area within close proximity of Tangier, and development by Emaar, world leaders in international real estate development, underlines the great investment potential of the townhouses at Tinja.

English

http://www.emediawire.com/releases/2008/5/prweb974744.htm

28-May-2008

Morocco's economic performance was remarkable in 2007

Morocco's economic performance in 2007 was remarkable due to both favorable international conditions and macroeconomic modernization undertaken by the north African country, according to a joint report by the African Development Bank (AfDB) and the Organization for Economic Co-operation and Development (OECD).

English

http://www.map.ma/eng/sections/economy/morocco_s_economic_p/view

27-May-2008

Gulf states give $800 million to Morocco

The UAE donated $300 million and Saudi Arabia donated $500 million towards the fund. The fund will be used to generate an income for the government to deal with the rapidly increasing price of oil, the Moroccan Ministry of the Economy and Finance said in a press release.

English

http://www.thenational.ae/article/20080525/OPINION/859806308/-1/ART

27-May-2008 

Morocco and Tunisia will be increasing their DDGS imports, according to Dr. David Hutcheson, U.S. Grains Council consultant and ruminant nutritionist.

According to Shultz, U.S. DDGS imports made by Morocco and Tunisia totaled 60,000 metric tons in 2007, compared to 27 metric tons imported in 2006. An increasing amount of these imports will be headed toward new beef feedlots that are being built in these countries.

English

http://www.allaboutfeed.net/news/id102-50503/more_ddgs_to_morocco_and_tunisia.html

27-May-2008 

Investors 'can make money in Morocco'

Agadir on the Moroccan coast could be a lucrative market for those looking for property investments or an overseas investment, according to The Daily Telegraph.

English

http://www.ready2invest.co.uk/news-and-publications/news-articles/investors-can-make-money-in-morocco-260508.aspx

22-May-2008

Investors advised to consider Moroccan market

Overseas property investors have been advised to enter the Moroccan market sooner rather than later. According to property expert Fouad Akalay, the north African country is currently enjoying considerable growth in its tourism industry.

English

http://www.propertyshowrooms.com/morocco/property/news/investors-advised-consider-moroccan-market_2807.html

20-May-2008

Morocco plans major transport infrastructure overhaul

Morocco will soon launch a $16.3 billion transport infrastructure program, according to Morocco's Transport Minister Karim Ghellab on Monday (May 19th).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/05/20/newsbrief-07

20-May-2008 

Morocco creates new agency to implement 'Green Morocco plan'

Morocco has created a new agency that will be in charge of implementing Morocco's plan to promote the agriculture sector's competitiveness dubbed "Green Morocco Plan".

English

http://www.map.ma/eng/sections/last_social/morocco_creates_new3581/view

19-May-2008

Morocco's call centres generate over $270m annually

Morocco's call centres generate more than $270.3 million per year, Senior Adviser to King Mohammed VI André Azoulay said on Friday (May 16th) at the opening of the 5th International Exhibition of Call Centres in Morocco (SICCAM).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/05/18/newsbrief-06

19-May-2008

(World Bank) Morocco: Third Public Administration Reform Development Policy Loan ($100 million)

Morocco's public administration reform program, initiated in 2003, aims at improving government efficiency in the management of budget resources through greater transparency and accountability.

English

http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/MENAEXT/MOROCCOEXTN/0,,contentMDK:21769517~menuPK:294545~pagePK:2865066~piPK:2865079~theSitePK:294540,00.html

19-May-2008

North Africa's leading banks have the potential to make investment grade

The North African banks that Standard & Poor's rates are on a good credit trajectory and the strongest of them have the potential to eventually reach investment grade, said Standard & Poor's Ratings Services in a report published today, and tittled 'North Africa's Leading Banks Are Now On The Path To Investment Grade But Getting There May Take Time'.

English

http://www.bi-me.com/main.php?id=20362&t=1&c=33&cg=4&mset=

19-May-2008

Morocco's Riad Motors plans Chinese vehicle plant

Riad Motors Holding, Morocco's leading family-owned importer and distributor of heavy trucks and utility cars, will open this year the biggest China-made vehicle assembly plant in North Africa, Riad said on Monday.

English

http://in.reuters.com/article/asiaCompanyAndMarkets/idINL1912529320080519

 

Tanger - Kénitra poised to start

Work is to begin this year on the first phase of a high speed line master plan costing 100bn dirhams which is predicted to increase rail patronage from 52 to 133 million passengers a year by 2030.

English

http://www.railwaygazette.com/news_view/article/2008/05/8431/tanger_kenitra_poised_to_start.html

Morocco, Mauritania mull Free Trade Agreement

Morocco and its southern neighbor, Mauritania are considering the conclusion of a free trade agreement to boost commercial exchanges, the Moroccan Foreign Trade ministry said Monday in a press release.

English

http://www.map.ma/eng/sections/regional/morocco_mauritania_1/view

Morocco's BMCE bank gets IFC loan

Morocco's second-biggest private bank, BMCE, said on Monday it had won a 70 million euro ($108 million) loan from International Finance Corp, the World Bank's financial arm for private sector.

English

http://in.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idINL1228659920080512

 

Maroc Telecom Q1 operating income up 9.1%

Maroc Telecom on Friday posted a 9.1 percent rise in first-quarter operating profit, helped by solid sales growth and cost control, and confirmed its full-year outlook.

English

http://in.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idINL0967442020080509

Dollar Thrifty Automotive Group expands network in Morocco

Dollar Thrifty Automotive Group, Inc. (NYSE:DTG), parent company of the Dollar Rent A Car and Thrifty Car Rental brands, today announced further expansion in Morocco, teaming up with one of Morocco's leading car rental companies, Connection Car.

English

http://www.arabianbusiness.com/press_releases/detail/18496

InterContinental Hotels & Resorts announces first property in Morocco

InterContinental Hotels & Resorts has on May 9 announced an agreement with Moroccan developer, Groupe Cadex, to open its very first property in Morocco in the beautiful resort destination of Marrakech.

English

http://finchannel.com/index.php?option=com_content&task=view&id=12331&Itemid=4

Morocco aspires to develop renewable energies through benefiting from German experience

Morocco aspires to develop renewable energies sector through benefiting from the German experience in this field, Energy and Mining Minister, Amina Benkhadra said on Wednesday.

English

http://www.map.ma/eng/sections/box1/morocco_aspires_to_d/view

Morocco Calls for Joint Maghreb Market Despite Algerian Conflict

Moroccan Prime Minister 'Abbas Al-Fassi called on the Arab Maghreb Union (AMU) countries to unify their economies.

English

http://www.africanpath.com/p_blogEntry.cfm?blogEntryID=4736

 

Capgemini celebrates the first birthday of its Morocco centre

Capgemini aims to be the first services company to offer comprehensive services from Morocco, from IT systems integration to outsourcing.

English

http://www.consultant-news.com/article_display.aspx?p=adp&id=4655

USAID receives prize at International Agriculture Show in Meknès

The US Agency for International Development was recognized by King Mohammed VI at a recent agricultural trade show for its contributions to the country's agricultural development.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/04/30/feature-03

Morocco hosts Euromed meeting

A meeting of EU and Mediterranean Partners focused on the MEDA Water Programme kicked off in Morocco on Monday (April 28th).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/04/29/newsbrief-05

Morocco unveils new plan to help small farmers

If Morocco's small farmers can be persuaded to shift away from grains and cultivate more productive crops, government planners foresee great financial rewards and thousands of new jobs. A broad new agricultural strategy proposes financial assistance and support structures to see the goal realized within the next ten years.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/04/29/feature-01

RealCapita launches Morocco project

Bahrain-based RealCapita has announced the groundbreaking of a new 370 million euro ($579 million) project in the Moroccan city of Berrechid.

English

http://www.tradearabia.com/news/REAL_142444.html

 

Tangiers conference recommends establishing an open UMA, favoring free movement

Participants in the celebrations marking the 50th anniversary of the Tangiers conference stressed, on Sunday, their unanimous will to establish the Maghreb Arab Union (UMA) within an open space, favoring the free movement of people and goods.

English

http://www.map.ma/eng/sections/box3/tangiers_conference/view

On the Moroccan "Greens"

This week, Le Monde profiles the world-renown golfing greens across Morocco.

English

http://www.lemonde.fr/aujourd-hui/article/2008/04/25/sur-les-greens-marocains_1038562_3238.html

A.M. Best Affirms Ratings of Societe Centrale de Reassurance

A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit rating of "bbb" of Societe Centrale de Reassurance (SCR) (Morocco). The outlook for both ratings is stable. The ratings reflect SCR's excellent business position and adequate risk-adjusted capitalization.

English

http://www.pr-inside.com/a-m-best-affirms-ratings-of-societe-r555893.htm

Moroccan tourism sector: New investment plan to add 10,000 beds

France's Pierre et Vacance, operating in vacation resorts, will invest Euro270 million in a tourist project in Morocco with a capacity of 10,000 beds.

English

http://www.menareport.com/en/business/226267

Casablanca Home To A New Ubisoft® Campus

A unique training platform for videogames and animated films comes to Morocco. Today Ubisoft, one of the world’s largest videogame publishers, announces the establishment of a new Ubisoft Campus in Casablanca, Morocco, in partnership with Sigma Technologies, a leading Moroccan audiovisual company.

English

http://www.webwire.com/ViewPressRel.asp?aId=63968

MSN gains new Maghreb portal

Microsoft has launched a new French-language Maghreb portal for its MSN service, which will provide up-to-the-minute news and entertainment for its users in Morocco, Tunisia and Algeria. The new portal's accessible at www.maghreb.msn.com

English

http://business.maktoob.com/News-20070423149654-MSN_gains_new_Maghreb_portal.aspx

 

Abener has begun construction of the world's largest ISCC plant in Morocco

Abener has placed the first stone for what will be the world’s largest power plant with ISCC (Integrated Solar Combined Cycle) technology with a 470 MW capacity. It represents the perfect combination of innovation and sustainability.

English

http://www.ecoreporter.de/index.php?action=,,121_n24638__

Moroccan industrial group Delta plans $130 mln IPO

Delta Holding SA, a Moroccan diversified industrial company, plans to raise up to $130 million next month by listing 23.3 percent of its capital on the Casablanca stock market, according to its IPO prospectus.

English

http://africa.reuters.com/business/news/usnBAN342762.html

Morocco to allocate $20 billion to modernize farms

Morocco will earmark $20.67 billion to upgrade and diversify the farming sector, Reuters quoted Agriculture Minister Aziz Akhennouch as saying on Tuesday (April 22nd).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/04/23/newsbrief-06

Morocco, Microsoft clinch partnership agreement to generalize ICT's use

Morocco and Microsoft Corporation signed, on Tuesday, a partnership agreement to implement a series of projects aiming to modernize education, economy and administration.

English

http://www.map.ma/eng/sections/box4/morocco_microsoft_c/view

Morocco adopts new strategy to promote agriculture sector competitiveness

Seeking to promote the agriculture sector's competitiveness so that the sector becomes the driving force for Morocco's economic growth in the coming fifteen years, the Moroccan government adopted a new strategy dubbed "Green Morocco Plan."

English

http://www.map.ma/eng/sections/imp_economy/morocco_adopts_new_s/view

Morocco gets €19m from OPEC

The OPEC Fund for International Development has granted to Morocco a loan of 19 million euros earmarked for the financing of part of the Fès-Oujda (328 km) highway construction project, in the country’s eastern province.

English

http://en.afrik.com/article13313.html

Maersk Tangier port to handle 1 mln TEU this year

A.P. Moeller-Maersk's Tangier port aims to handle 1 million containers this year after ramping up operations since a 2007 launch, making it Africa's biggest port complex, the company said.

English

http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL1870158320080418

Morocco's exports to USA up 30% thanks to FTA

Morocco's exports to the United States posted a 30% increase since the free trade agreement (FTA) between the two countries came into force in 2006, which attests, according to American ambassador to Morocco, Thomas Riley, to the good results of the agreement.

English

http://www.map.ma/eng/sections/box4/morocco_s_exports_to6340/view

Ubisoft Morocco Campus Nears Opening

Ubisoft has established a new campus at its growing Casablanca, Morocco location, the company announced Monday.

English

http://www.next-gen.biz/index.php?option=com_content&task=view&id=10108&Itemid=2

Boost food supply, not protectionism - US official

Governments should avoid imposing export embargoes to protect local consumers from soaring food prices and instead invest in boosting supplies, a top U.S. food official said on Monday during a visit to Morocco by a delegation of U.S. farm industry officials.

English

http://africa.reuters.com/wire/news/usnL21414777.html

Pierre & Vacances Plans to Invest 270 Million Euros in Morocco

Pierre & Vacances, Europe's largest operator of vacation resorts, will spend 270 million euros ($427 million) to expand in Morocco.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=aWY6QX1OsUXM&refer=africa

Consumer lending boom in Morocco

Banks and credit institutions have increased loans by double digits over the last year, as low and middle-income Moroccans used easy credit procedures to borrow money for homes, cars and other purchases.

English

http://www.bi-me.com/main.php?id=19390&t=1&c=33&cg=4

A Moroccan model for change

Rory MacLean visits a hotel in the High Atlas mountains to see how responsible tourism is bringing benefits to the local community.

English

http://www.guardian.co.uk/travel/2008/apr/17/morocco.hotels?gusrc=rss&feed=networkfront

Moroccan officials, business leaders concerned about cost-of-living increase

A week after holding discussions with trade union representatives on how to boost wages for Moroccan workers, government officials met with business owners on Monday (April 14th) to address the same subject.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/04/17/feature-01

Rural electrification rate reached 93% in 2007

Rural electrification rate reached 93% in 2007 up from 18% in 2005, said, here Wednesday, Energy Minister, Amina Benkhadra.

English

http://www.map.ma/eng/sections/economy/rural_electrificatio/view

 

Morocco adopts measures to rationalize subsidies, benefit population concerned

Morocco is devising the appropriate measures to rationalize price subsidies by granting direct assistance to underprivileged populations, said Minister of Economy, Salaheddine Mezouar.

English

http://www.map.ma/eng/sections/imp_economy/morocco_adopts_measu/view

VPA looking to boost trade between Va. and Morocco

The Virginia Port Authority is looking to boost trade between Hampton Roads and Morocco, an important North African hub along a heavily traveled trade route. Trade between Virginia and Morocco was $193 million in 2007, a number expected to grow with the new alliance.

English

http://www.dailypress.com/news/local/norfolk/dp-biz_port_0417apr17,0,10607.story

Tanger Boulevard Moroccan City Apartments

Tanger Boulevard is a milestone, an exciting mixed-use city project designed to transform the North African city of Tangier into cosmopolitan hub to rival those of the West.

English

http://www.nubricks.com/archives/594/tanger-boulevard-morocco/

Ciments du Maroc sees higher net profit in 2008

Moroccan cement producer Ciments du Maroc expects its net profit to grow in 2008 as dividends from an Egyptian affiliate and lower taxes offset higher energy and raw material costs, its chairman said.

English

http://africa.reuters.com/business/news/usnBAN553664.html

African Emerging Markets Forum praises Morocco's developments

The first African Emerging Markets Forum, held in Rabat last week, brought together officials and experts from 18 countries. Hailed as the first major event of its kind, the Forum provided an opportunity for exchange and dialogue between government leaders and world-renowned specialists.

English

http://www.bi-me.com/main.php?id=19174&t=1&c=34&cg=4

Morocco to increase per capita by 40 %

Morocco is to increase the per capita income by 40 percent in the coming five years to balance the rich and the poor.

English

http://www.tradingmarkets.com/.site/news/Stock%20News/1355849/

Barcelo Plans to Open Small Chain in Chief Moroccan Cities

The Barcelo hotel chain has just signed an agreement with the Moroccan Attijariwafa Bank with the objective of opening five hotels in Morocco’s main cities in the next three years.

English

http://www.eventplannerspain.com/noticias_eventos.asp?id=505&idioma=En

Morocco, Egypt And Nigeria Deliver Strong Returns For Shariah Investors

Equity markets in Morocco, Egypt and Nigeria delivered the highest returns for investors in companies deemed to comply with Islamic law during the first quarter of 2008, Standard & Poor’s Global Benchmark Shariah Index Series has revealed.

English

http://www.mondovisione.com/index.cfm?section=news&action=detail&id=73916

 

Morocco, Russia pledge to diversify bilateral co-operation

Morocco and Russia agreed, on Friday, to diversify and expand relations in all fields, mainly those touching on tourism, agriculture, energy, fisheries, economy, industry and education.

English

http://www.map.ma/eng/sections/imp_economy/morocco_russia_pled/view

Morocco offers strong rental market

Foreign property investors who are seeking a lucrative buy-to-let investment could find Morocco a suitable location, according to industry experts.

English

http://www.propertyshowrooms.com/morocco/property/news/morocco-offers-strong-rental-market_1844.html

UK estate agent Hamptons expands to Morocco

UK estate agent Hamptons International has expanded its international business with the opening of an office in Casablanca, Morocco.

English

http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3110769&c=1

Accenture integrates Moroccan centre into its global delivery network

The Casablanca delivery centre, which provides services primarily to French and Spanish clients in their native languages, supports a variety of technologies and technology platforms.

English

http://www.consultant-news.com/Article_Display.aspx?p=adp&ID=4605

Direct maritime transport commences between Tunisia and Morocco

In an effort to cut costs and expand the volume of trade between the two countries, Tunisia and Morocco launched a new direct maritime trade route last week between the ports of Radès and Casablanca.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/04/09/feature-02

4/8/2008

Morocco's Atlas Blue to decide on all-Boeing or all-Airbus fleet this year

Moroccan airline Atlas Blue, a low-cost subsidiary of state-owned airline Royal Air Maroc, plans to 'harmonize' its fleet by 2010, deciding between leasing Airbus and Boeing Co aircraft sometime this year, CEO Zouhair Mohamed El Aouifr said.

English

http://www.forbes.com/markets/feeds/afx/2008/04/08/afx4866123.html

4/8/2008

AfDB lends Morocco 151 million euros for power project

The African Development Bank (AfDB) has lent Morocco 151 .4 million euros to finance a thermo-solar power station project in Aïn Beni Mat h ar in eastern Morocco.

English

http://www.afriquenligne.fr/news/africa-news/afdb-lends-morocco-151-million-euros-for-power-project-200804081465.html

4/8/2008

Morocco 'good example' for emerging countries that take up challenge of joining global market

Morocco is a "good example for emerging countries that took up the challenge of joining the global market and embracing globalization, while developing its economy," executive manager of "Forum of Emerging markets", Hatrinder Kohli said on Monday.

English

http://www.map.ma/eng/sections/box5/morocco__good_exampl/view

4/8/2008

Accenture Strengthens Systems Integration and Technology Outsourcing Capabilities for European Clients by Integrating Moroccan Center

Accenture has strengthened its systems integration and outsourcing capabilities for European clients with the integration of its delivery center in Casablanca into its Global Delivery Network.

English

http://www.edubourse.com/finance/actualites.php?actu=39454

4/7/2008

Morocco and Mercosur negotiate agreement in Rabat

Representatives of Mercosur and Morocco meet today and tomorrow for the first talks regarding the trade agreement. From the meeting should come the definition of the scope of the treaty: whether it will be free trade or tariff preference.

English

http://www.anba.com.br/ingles/noticia.php?id=17935

4/7/2008

Moroccan government seeks to boost handicrafts sector

A new stimulus plan for the handicrafts sector announced by the Moroccan government last week will help small traders with financing, training and selling their products to new international markets.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/04/07/feature-02

4/4/2008

Morocco inflation to stay low to 2012, official says

Inflation in Morocco is expected to remain steady at 2 percent until at least 2012, helped by the government's subsidies programme, a senior official of the ministry of economy and finance said on Thursday.

English

http://www.freshplaza.com/news_detail.asp?id=19515

4/4/2008

Mediterranean tourism ministers gather in Morocco

The city of Fes hosted the first Euro-Med Conference of Tourism Ministers on Thursday (April 3rd). The event is aimed at outlining firmer political guidelines and measures for strengthening tourism co-operation between EU and southern Mediterranean countries.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/news/awi/newsbriefs/general/2008/04/04/newsbrief-03

4/3/2008

Morocco's Chaabi group plans six IPOs after SNEP

Moroccan industrial group Chaabi aims to list six more of its companies after it successfully floated chemicals unit SNEP last year, its chairman, Miloud Chaabi, said on Wednesday.

English

http://africa.reuters.com/business/news/usnBAN323312.html

4/3/2008

Morocco sees its key tourism growth quickening

Morocco's key tourism industry will grow faster this year after record tourist arrivals in 2007, a government minister said on Thursday, dispelling fears that al Qaeda would hurt the industry.

English

http://www.guardian.co.uk/feedarticle?id=7434639

4/3/2008

Morocco – Top 10 research resources

Check out GlobalEdge Online's list of the Top 10 research resources for emerging property markets in Morocco.

English

http://www.globaledge.co.uk/news/details/morocco-%E2%80%93-top-10-research-resources/19343

4/2/2008

Island Oil & Gas Extends Reconnaissance Contract in Morocco

Island Oil & Gas plc announces that San Leon (Morocco) Ltd, the Operator, has been granted a 12 month extension to the Exclusive Reconnaissance License in the Zag Basin onshore Morocco, by the Office National des Hydrocarbures et des Mines (“ONHYM”).

English

http://www.oilvoice.com/n/Island_Oil_Gas_Extends_Reconnaissance_Contract_in_Morocco/4bf03add.aspx

4/1/2008

Morocco begins increasing energy output

Morocco aims to boost its energy production to 5,000 megawatts over the next five years, Energy and Mines Minister Amina Benkhadra said.

English

http://www.upi.com/International_Security/Energy/Briefing/2008/04/01/morocco_begins_increasing_energy_output/5560/

4/1/2008

Thales Wins Moroccan Naval Systems Work

Thales is on the brink of signing a deal with Damen Shipyards-owned Schelde Naval Shipbuilding for the supply of combat systems for three Sigma-class missile corvettes that the Netherlands-based shipbuilder sold to Morocco earlier this year for delivery by 2012.

English

http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=defense&id=news/THALES04018.xml&headline=Thales%20Wins%20Moroccan%20Naval%20Systems%20Work

4/1/2008

Morocco seeks to produce over half its sugar needs

Better irrigation, farming techniques and refining technology should allow Morocco to produce over half the sugar it consumes in coming years, the head of local sugar producer Cosumar CSMR.CS said on Monday.

English

http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSL3119182220080331

4/1/2008

Rabat invests $2bn in low-cost housing

Rabat is to build 130,000 low-cost housing units in both urban and rural areas. The total cost of the development will be MD15.5bn ($2.1bn).

English

http://www.meed.com/news/2008/03/rabat_invests_2bn_in_lowcost_housing.html

4/1/2008

Maghrebail of Morocco 2007 Profit Rises 24% on Higher Lending

Maghrebail, a Moroccan leasing company and a unit of BMCE Bank, said full-year profit rose 24 percent as lending increased.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=aOXyWnr7EGXk&refer=africa

4/1/2008

Moroccan property firm Addoha 2007 net up 36 pct

Moroccan property firm Douja Promotion Groupe Addoha reported a 36 percent rise in 2007 net profit as it reaped the benefits of investment in social housing, luxury developments and holiday homes.

English

http://africa.reuters.com/business/news/usnBAN149573.html

4/1//2008

Property market in Morocco booms as Marrakech land prices jump 1,500%

Marrakech land prices have increased 1,500% in six years as the property market in Morocco becomes more and more attractive to investors.

English

http://www.searchbyheadlines.com/posted_news/102991.html

3/31/2008

Business outsourcing at the heart of Morocco's interests

Morocco is increasingly seeing its potential as a magnet for foreign companies. To maximize its appeal to investors and benefit young people who are working for the first time, Morocco will pay the full cost of training thousands of new 'off shoring' employees in 12 work specialties.

English

http://www.bi-me.com/main.php?id=18653&t=1&c=33&cg=4

3/31/2008

Morocco seeks Spanish investment in Tangier province

The Moroccan government invited Spanish entrepreneurs to invest in 184 new real estate projects in Tangier province at a meeting in Madrid last week.

English

http://www.bi-me.com/main.php?id=18652&t=1&c=34&cg=4

3/31/2008

Dari, Moroccan Couscous Maker, Says Full-Year Profit Rises 55%

Dari Couspate SA, a Moroccan couscous maker, said full-year profit jumped 55 percent as sales gained.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=ayvG8Huznfu8&refer=africa

3/31/2008

As Morocco faces ageing population, pension funds get renewed attention

Minister of Economy and Finance Salaheddine Mezouar said the government is considering a general reform including the introduction of both compulsory and optional schemes. And with the main pension funds posting financial deficits and their solvency being called into question, officials and technocrats are accelerating efforts to introduce far-reaching reforms in order to avoid a collapse.

English

http://www.bi-me.com/main.php?id=18727&t=1&c=33&cg=4

3/28/2008

Groupe ONA of Morocco 2007 Profit Rises 80% on Capital Gains

Groupe ONA, a Moroccan investment fund owned by the family of King Mohammed VI, said full-year profit rose 80 %, helped by investment income and capital gains.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=ag2lHXYBHMjk&refer=africa

3/28/2008

Morocco plans training project in bid to lure offshore investors

Morocco sees its potential as a "magnet" for foreign companies. To maximize its appeal to investors and benefit young people who are working for the first time, Morocco will pay the full cost of training thousands of new "offshoring" employees in 12 work specialties.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2008/03/28/feature-01

3/28/2008

Morocco's Banques Populaires 2007 net up 6 pct

Banques Populaires, one of Morocco's biggest banking groups, said its net profit rose 6 percent last year, boosted by surging lending growth spurred on by low interest rates.

English

http://africa.reuters.com/business/news/usnBAN837208.html

3/27/2008

Japan loans Morocco over $220m for rural infrastructure development

The Japan Bank for International Co-operation (JBIC) agreed Wednesday (March 26th) in Rabat to loan Morocco $222.7m to fund rural infrastructure projects.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/news/awi/newsbriefs/general/2008/03/27/newsbrief-01

3/27/2008

Ambassador seeks O.C. investors for Morocco

Moroccan Ambassador Aziz Mekouar told Orange County business leaders on Wednesday that his country's location – with a comfortable climate that mirrors California's and easy access to European, African, and Gulf markets – makes it a prime spot for foreign investment.

English

http://www.ocregister.com/articles/morocco-mekouar-irvine-2005894-trade-united

3/27/2008

Morocco plans infrastructure improvements

Morocco's government is investing nearly £9 billion in improving its transport network, according to recent reports.

English

http://www.propertyshowrooms.com/morocco/property/news/morocco-plans-infrastructure-improvements_1804.html

3/26/2008

US auto parts company (Delphi) to bring 3,000 jobs to Morocco in 2008

A US manufacturer of electric and electronic systems for the car industry will increase the number of employees to 3,441 at its site in the free trade zone of Tangiers, according to an agreement signed Monday (March 24th).

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/news/awi/newsbriefs/general/2008/03/26/newsbrief-08

3/26/2008

First Agadir Member States Investment Forum a major step for Euro-Med integration

The First Agadir Member States Investment Forum will provide business networking opportunities between the EU and state-parties to the Agreement, Egypt, Tunisia and Morocco.

English

http://www.bi-me.com/main.php?id=18547&t=1&c=33&cg=4

3/26/2008

Hightech of Morocco Says 2007 Profit Rose 41% on Overseas Sales

Hightech Payment Systems, a Moroccan software developer, said full-year profit climbed 41 percent, helped by sales in Asia and the Middle East.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=axgFYV_di2nM&refer=africa

3/25/2008

Morocco begins construction of Naval Base

King Mohammed VI of Morocco yesterday presided over a ceremony that launched a project to construct Morocco’s first naval base in the Mediterranean.

English

http://www.gibfocus.gi/details_todaysnews.php?id=3364

3/25/2008

Buyers snap up property for sale in Morocco

According to the Home Move website, Morocco is a "winning choice" for many British property investors.

English

http://www.realestatetv.tv/news/buyers_snap_up_property_for_sale_in_morocco-18520465.html

3/25/2008

Alcatel-Lucent awarded EUR24m frame agreement by Morocco's WANA

two year frame agreement valued at EUR24m has been awarded to communications solutions provider Alcatel-Lucent by WANA, an operator of fixed and mobile services in Morocco and a subsidiary of ONA group, to extend and upgrade its telecomms network in Morocco.

English

http://www.tradingmarkets.com/.site/news/Stock%20News/1246464/

3/25/2008

Tangier: Morocco meets Mediterranean need

For the 200 or so container ships that pass through it daily, the Strait of Gibraltar, the narrow sea passage between Spain and North Africa, presents both a threat and an opportunity. Thanks to developments of Tangier's ports, this task is becoming easier . . .

English

http://www.ft.com/cms/s/0/05bb3366-f7a7-11dc-ac40-000077b07658.html

3/25/2008

Moroccan exports to U.S. up 14% in 2007

Morocco's exports to the United States stood at USD 625.9Mn in 2007 to register a 14.5% increase over 2006, according to figures revealed by the USAID during a meeting held Tuesday at the Ministry of Industry and Trade.

English

http://www.map.ma/eng/sections/box5/moroccan_exports_to/view

3/24/2008

Husa Gains a Foothold in Morocco

The hotel chain Husa has recently signed an agreement with H. Partners, an investment fund created by Attijariwafa Bank and Banque Centrale Populaire, two local banks, with the aim of opening a hotel in Marrakech in 2010.

English

http://www.eventplannerspain.com/noticias_eventos.asp?id=481&idioma=En

3/20/2008

BMCE bank netted USD 14.4Bn profit in 2007

BMCE one of Morocco's biggest banks netted some USD 14.4Bn in 2007 against USD 11.5Bn in 2006 marking a 25% rise.

English

http://www.map.ma/eng/sections/box2/bmce_bank_netted_usd/view

3/20/2008

In 2010, Maroc Telecom is Forecasted to Register ARPU of US$ 13.10 per Month as Opposed to US$ 8.51 for Medi Tel

Research and Markets has announced the addition of new IE Market Research report 1Q08 Mobile Forecast: Morocco, 2007 - 2010 to their offering. IEMR's Mobile Forecast on Morocco provides over 65 operational and financial metrics for the Morocco wireless market.

English

http://www.pr-inside.com/in-2010-maroc-telecom-is-forecasted-r494826.htm

3/20/2008

The Moroccan National Ports Authority has chosen STAR-APIC

STAR-APIC has just been awarded the tender launched in September by the Moroccan National Ports Authority (Agence Nationale des Ports – ANP). The aim of the project is to computerize the collection, recording and management of data relating to the ANP’s infrastructure.

English

http://www.directionsmag.com/press.releases/index.php?duty=Show&id=21683&trv=1

3/19/2008

China Railway Group Wins $257 Million Road Contract in Morocco

China Railway Group Ltd., Asia's biggest construction company, won a $257 million contract to build two highways in Morocco.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=a8of1kOCaR_U&refer=africa

3/19/2008

Faurecia confirms plan to open 2nd plant in Morocco, investment 10 mln er

Automotive equipment supplier Faurecia said it plans to open an automotive seating trim cover production plant in Kenitra in Morocco.

English

http://www.hemscott.com/news/latest-news/item.do?newsId=61518964551069

3/17/2008

Prestige in Morocco

Prestige Holidays launched a mini brochure featuring Morocco holidays in 13 hotels and Riads in Marrakech, Fez, Agadir, Essaouira, Oualidia, Taroudant and Tangiers. www.prestigeholiday.co.uk

English

http://www.luxurytravelmagazine.co.uk/article/789545/prestige-morocco/

3/14/2008

Planned Moroccan power plant could generate up to 600 jobs

A new thermal power plant in Bir El Har, south of Safi, is expected to meet 27% of Morocco's electricity needs, said Energy Minister Amina Benkhadra at a meeting with local government officials and businessmen in the province.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/news/awi/newsbriefs/general/2008/03/14/newsbrief-07

3/14/2008

CDG and INPT Announce 3G CDMA Training in Morocco

The CDMA Development Group (CDG) and Morocco's Institut National des Postes et Telecommunications (INPT) today announced that INPT will offer 3G CDMA training by early July 2008.

English

http://www.middleeastevents.com/site/pres_dtls.asp?pid=3110

3/14/2008

Investors snap up property for sale in Morocco

Emerging Real Estate said that Morocco offers a number of attractions, such as good weather, an interesting culture and a growing property market.

English

http://www.realestatetv.tv/news/investors_snap_up_property_for_sale_in_morocco-18509775.html

3/13/2008

Morocco and Kuwaiti group sign US$60 million tourism investment

This week, Morocco signed a US$60 million investment agreement with the Kuwaiti Lo-Loat Al Maghreb company to promote tourism in Agadir.

English

http://www.bi-me.com/main.php?id=18265&t=1&c=33&cg=4

3/13/2008

Moroccan bank Attijari 2007 profit rises 8 pct

Moroccan bank Attijariwafabank reported an 8.2 percent increase in 2007 net income on Thursday as it profited from an ongoing credit boom and a rapid expansion of its branch network.

English

http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL1380807420080313

3/13/2008

Morocco-U.S. FTA results optimistic

Speaking at a press conference ahead of the opening of the first session of the U.S.- Morocco joint committee meeting, Morocco's Minister of Foreign Trade underlined that the FTA, which entered into force in 2006, has contributed to strengthening trade and developing bilateral economic activities in terms of investment, public markets and logistics.

English

http://www.map.ma/eng/sections/box4/morocco-u.s._fta_res/view

3/13/2008

Lafarge enjoys surge in profits in Morocco

Lafarge Maroc, the Moroccan subsidiary of France's industrial materials company Lafarge, has reported a 40 per cent increase in net profits for the full-year 2007, to MD1.9bn ($258m).

English

http://www.meed.com/news/2008/03/lafarge_enjoys_surge_in_profits_in_morocco.html

3/12/2008

Morocco Bound Launches Its New Website with Added Features

Morocco Bound introduces a new website with many features and more Riads to aid British Tourists in planning their trip to Morocco and accommodating them in the best Riads in Marrakech, Fez, Essaouira and Taroudant.

English

http://www.pr.com/press-release/75838

3/12/2008

North African SME experts gather in Morocco

Experts from seven North African countries met in Rabat on Monday (March 10th) to discuss the role of SMEs in the economic integration and sustainable development of North African countries.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/news/awi/newsbriefs/general/2008/03/11/newsbrief-07

3/12/2008

Where is Morocco?

Large numbers of British tourists flock to Morocco but it's a corner of the world that is largely ignored by the media

English

http://commentisfree.guardian.co.uk/sharif_nashashibi/2008/03/where_is_morocco.html

3/11/2008

Kuwait Finance Seeks Morocco, Algeria Properties

Kuwait Finance House KSC plans to increase its investments in real estate and is seeking properties to buy in Morocco and Algeria, Kuwait Times reported, citing Managing Director Bader al-Mukhaizeem.

English

http://www.bloomberg.com/apps/news?pid=20601116&sid=adtlQ.Dv5wVg&refer=africa

3/10/2008

Morocco offers low living costs

People who purchase property for sale in Morocco will be able to enjoy low living costs, new research has revealed.

English

http://www.realestatetv.tv/news/morocco_offers_low_living_costs-18501430.html

3/10/2008

Morocco: The Gateway to Exotic Africa Says Emerging Real Estate

With its heady mix of culture, colour, heat and excellent geographical location - just 9 miles from Spain, Morocco has really started to capture the imagination of overseas property investors.

English

http://new.yachtchartersmagazine.com/read/514796.htm

3/7/2008

"Ciments du Maroc" optimistic for 2008

Moroccan building supply company Ciments du Maroc is optimistic for business in 2008, thanks to a huge slate of building projects across Morocco which resulted in the 13.7% growth it saw during 2007.

French

http://www.leconomiste.com/article.html?a=84557

3/7/2008

ONCF achieves USD 400Mn turnover in 2007

The State-owned railway company (ONCF) netted a USD 400Mn turnover in 2007, i.e. a 6% increase compared to the previous year, ONCF CEO, Mohamed Rabie Khlie, revealed on Friday.

English

http://www.map.ma/eng/sections/box4/oncf_achieves_usd_40/view

3/6/2008

Morocco's Meditel 2007 profit more than doubles

Morocco's second-biggest telecoms company Meditel said its net income more than doubled last year as its client base grew 29 percent, despite tough competition from dominant player Maroc Telecom IAM.CS.

English

http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSL0691217620080306

3/6/2008

Visit Marrakech for shopping and the senses

At once ancient and cosmopolitan, Bohemian and traditional, Marrakech is magical – a city of brilliant blues, spice-market yellows and at least 17 shades of red. . . .

English

http://www.dallasnews.com/sharedcontent/dws/fea/travel/thisweek/stories/DN-fdluxe_marrakech_0306fas.ART.State.Edition1.1427e81.html

3/5/2008

Microsoft values its IT professionals in Morocco

During an upcoming ceremony in Casablanca where Microsoft will unveil three new software solution in Morocco (Windows Server 2008, SQL Server 2008 et Visual Studio 2008), they will also honor several outstanding Moroccan IT professionals.

French

http://www.menara.ma/infos/includes/detail.asp?lmodule=Technologie&article_id=13426

3/5/2008

Morocco in good position to be a producer of new energies,

Morocco can produce renewable energies and become an important actor in the sector, declared Assistant Secretary for Energy Efficiency and Renewable Energy, Alexander Karsner at a meeting on Morocco's strategies to promote renewable energies, held by Morocco's embassy in Washington on the sidelines of Washington International Renewable Energy Conference, WIREC 2008.

English

http://www.map.ma/eng/sections/box2/morocco_in_good_posi/view

3/5/2008

Morocco, Hungary, China hot new BPO Meccas

India's dominance as a low-cost outsourcing destination seems to be on the decline, with countries like China, Morocco and Hungary fast emerging as the preferred choices by IT services providers, a recent study says.

English

http://www.ibnlive.com/news/morocco-hungary-china-hot-new-bpo-meccas/60511-7.html

3/5/2008

Morocco launches $90.7 million sports center in Agadir

The construction works of a MD 817 million ($90.7 million) sport compound in the southern city of Agadir was launched by HM King Mohammed VI.

English

http://www.menafn.com/qn_news_story_s.asp?StoryId=52876

3/4/2008

Morocco central bank foresees quicker forex reform

Morocco could accelerate moves to a more flexible exchange rate, initially planned for 2010 at the earliest, as its balance of payments and banking system are in a strong position, its central bank head said on Tuesday.

English

http://africa.reuters.com/business/news/usnBAN455614.html

3/4/2008

Morocco: Four companies to kick off first "Biladi Plan" projects

Four companies have been selected to negotiate contracts for the first three tourism projects under Morocco's "Biladi Plan", which aims at creating eight new tourist zones in Ifrane, El Jadida and Agadir.

English

http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/news/awi/newsbriefs/general/2008/03/04/newsbrief-07

3/4/2008

Morocco enjoying Viet Nam’s coffee

In 2007, Viet Nam exported 10,494 tonnes of coffee to Morocco for 18.8 million USD. This represents roughly 30 percent of the country’s total imported coffee.

English

http://www.vneconomy.com.vn/eng/?param=article&catid=08&id=60c42ed24255f9

3/4/2008

Morocco appeals to different types of buyers

Morocco is appealing to a broad spectrum of overseas property buyers in the UK, according to experts.

English

http://www.propertyshowrooms.com/morocco/property/news/morocco-appeals-different-types-buyers_1749.html

3/4/2008

Costa Vista 'is an attractive part of Morocco'

People who are considering buying property for sale in Morocco have been encouraged to consider the Costa Vista region.

English

http://www.realestatetv.tv/news/costa_vista_is_an_attractive_part_of_morocco-18491389.html

3/3/2008

Moroccan Lafarge 2007 net profit jumps 40 pct

The Moroccan affiliate of French building materials group Lafarge reported a 40 percent gain in 2007 net profit on Monday as it rode a wave of housing, tourism and infrastructure projects in the north African country.

English

http://africa.reuters.com/business/news/usnBAN349154.html

3/3/2008

Morocco plans to cut health-care costs

The Moroccan government has drafted a five-year health plan aimed at cutting the citizens' share of the health-care costs to 25% by 2015.

English

http://www.menareport.com/en/business,industry/223033

3/3/2008

Maroc Telecom mobile revenues rise 30 per cent after African acquisitions

Maroc Telecom's mobile phone revenues increased 30 per cent to €853m ($1.3bn) in 2007 due to strong growth in its domestic market and the successful integration of the two African businesses it acquired in 2006.

English

http://www.meed.com/news/2008/03/maroc_telecom_mobile_revenues_climb_30_on_african_acquisitions.html

 

For more Morocco related news headlines, please visit Morocco News Line.

 

About Us | Site Map | Privacy Policy | Contact Us | ©2007 Moroccan American Trade & Investment Center