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Morocco’s Thriving Aeronautics Spreading Its wings

Moroccan aeronautic industry is growing rapidly thanks to incentives granted to investors, proximity to Europe, low labor costs, stability and political will to make this sector a driving force of economic growth and development. This highly Moroccan competitive sector continues to attract foreign investment and gain trust of giant manufacturers such as American Boeing which […]

Fitch: Deposits in Morocco Islamic Banks to Grow up to 10 %

Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]

A US diplomatic mission in Dakhla, a magnet for investors – Analysts

The historical decision by the Trump Administration to recognize Morocco’s sovereignty over the Sahara and Washington’s plans to open a diplomatic mission for economic affairs in the city of Dakhla will turn the territory into a magnet for US investors, some analysts argue. Morocco clinched a major victory Thursday after US President Donald Trump andicated […]