Elswedy

Morocco: Towards a new competitive investment charter fostering participation of private funds; giving incentives to economy driving sectors

Morocco is elaborating a new investment charter meant to foster the participation of private funds in a bid to reverse the current trend as private investment represents only about one third of total investment. In this connection, King Mohammed VI chaired, on Wednesday at the Royal Residence of Bouznika, a working session devoted to this […]

Morocco, Mozambique set up business council to bolster joint investment

The employers’ unions of Morocco and Mozambique have agreed to set up a joint business council to foster trade exchanges and economic cooperation between the two African countries. The agreement was inked Thursday in Marrakesh by Chakib Alj, President of the General Confederation of Moroccan Enterprises (CGEM), and Agostinho Zacarias Vuma, Chairman of the Confederation […]

Morocco among countries meeting fiscal transparency requirements, US report

Morocco is among the countries that meet requirements of fiscal transparency, the US Department of State pointed out in a report released on Friday. The Department concluded that of the 141 countries (and the Palestinian Authority) evaluated, the governments of 72 countries met minimum requirements of fiscal transparency in 2021, including Morocco. Fiscal transparency informs […]