Wind farm

Morocco to sell 35% stake in Marsa Maroc

The Moroccan government plans to sell 35% stake in Marsa Maroc to Groupe Tanger Med which manages the biggest port in the Mediterranean and Africa in terms of container capacity. Marsa Maroc manages container terminals at 9 Moroccan ports and is listed at the Casablanca stock exchange. The deal will inject some 5.48 billion dirhams […]

Morocco’s economic growth to pick up to 5.3% in 2021

Morocco’s central bank revised upwards Morocco’s economic growth to 5.3% in 2021 citing the beginning of the end of the health crisis with the roll out of the vaccination campaign and a better crop year. The bank said growth will pick up from a contraction of 7% last year under the combined effect of drought […]

USA: the job growth, the tax hikes and voters’ expectations

The tight contest between Obama and Romney will finally come to an end on November 6th. However this week will be marked by the unveiling of the closely monitored employment report. Although Hurricane Sandy forced the government to stop working for 2 days, the Labor department plans to release the October jobs data as scheduled […]