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Rabat calls on EU to support Mohammed VI Fund for Investment
Morocco has called on the European Union to support the Mohammed VI Fund for Investment, set up to help bolster the economy, stimulate productive activities and prop up major public-private investment projects in various sectors in the post-covid era. The call was made by economy minister Mohamed Benchaaboun during a meeting held Tuesday with […]
Morocco Targets 12 mln Tourists in 2018 & 15 mln in 2020
Morocco is preparing a new strategy to lure more tourists with the target of receiving 12 million tourists in 2018 and 15 million in 2020. After closing 2017 with a record number of 11.35 million tourists visiting the country, that is a 10% rise compared to the previous year, the tourism ministry will unveil a […]
Sofitel Agadir to close business end of June
Sofitel Royal Bay in the Moroccan southern Atlantic coastal city of Agadir will cease operating on June 30 as the lease contract comes to an end, Aujourd’hui.ma reports. Sofitel Agadir Royal Bay’s owner, ABS Holding, and the facility operator RISMA agreed not to extend the contract, which took effect in 2004, over the obsolescence of […]



