Business Columns Headlines Maghreb Morocco Opinions

Morocco moves further up in doing business index

Morocco improved its ranking jumping 7 spots in the World Bank’s 2020 Doing Business report to take the 53rd place amid 190 countries. According to the report, Morocco is the country offering the best business climate in North Africa ahead of Tunisia (78th), Egypt, Mauritania and Libya. Morocco’s closest neighbor, oil-rich Algeria, continued to lag […]

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Morocco offers gateway to Russian investments in Africa – FM

Morocco sent a high-level delegation led by head of the government to the Russia-Africa summit in Sotchi, reflecting the Kingdom’s commitment to attracting investments to the continent and its potential to act as a gateway for Russian businesses that seek opportunities in Africa, said Foreign Minister Nasser Bourita. Morocco’s participation in the summit is part […]

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Morocco takes part in the sixth Our Ocean Conference in Oslo

Morocco is taking part in the sixth Our Ocean Conference held in Oslo, Norway Oct.23-24 that is highlighting the importance of knowledge as the basis for countries’ actions and policies to ensure protection of our ocean, responsible management of marine resources and sustainable future economic growth. The conference, bringing together government officials, and leaders from […]

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Russia-Africa Summit: Vladimir Putin vows no influence-attached partnership with Africa

Russian President Vladimir Putin Wednesday launched the first ever Russia-Africa summit and pledged influence-free relations with the continent that struggles to get rid of American, European and Chinese interferences. Some 43 African heads of state and government, including Morocco’s Saad Eddine El Othmani, have flocked to Sochi for the two-day Russia-Africa summit this October 23-24. […]

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OCP Joins World Business Council for Sustainable Development

Morocco’s state-owned phosphates company (OCP) has joined the World Business Council for Sustainable Development (WBCSD), an international organization of over 200 forward-thinking companies committed to sustainable development. Joining WBCSD’s network will enable OCP Group to continue to enhance and implement its sustainability ambitions in collaboration with such partners, sharing the same goals and values. Mostafa […]

Business Headlines Maghreb Morocco

Morocco one of two African states with investment grade

Morocco offers a platform for companies that want to export as it is one of two only countries with an S&P investment grade, Finance Minister Mohamed Benchaaboun said. He recalled that the same credit rating agency has upgraded Morocco’s outlook to stable further boosting its position in international sovereign debt market. The minister told reporters […]

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Nuclear power, trade to top agenda of Russia-Africa Economic Forum

The Russia-Africa Economic Forum will host a panel discussion themed “Contribution of Nuclear Technologies in the Development of Africa,” organizers of the event announced. Sochi will host the Russia–Africa Economic Forum alongside the Summit on October 23-24. The Forum will be attended by African heads of state, representatives of Russian, African, and international business and […]

Business Headlines Maghreb Morocco

Justice, a crucial incentive to investments & free enterprise promotion –King Mohammed VI

King Mohammed VI has underlined the crucial role justice plays in improving the investment environment, promoting free enterprise and protecting entrepreneurship, insisting that creating the right conditions for investment requires legal and economic guarantees that ensure confidence in the judicial system and provide full security for investors. This came in a message that King Mohammed […]

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Moroccan Jouahri among Top 10 Best Central Bankers in the World

Governor of Bank Al-Maghrib Abdellatif Jouahri was named among the top ten central bank governors in the world in 2019 for the third year in a row. Jouahri got an “A”, the maximum grade awarded by New York magazine Global Finance in its ranking “Central Banker Report Cards 2019”, bringing together 94 governors of central […]

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Moroccan businesswoman joins UN Alliance to rev up sustainable development investments

In a bid to scale up investment efforts to reach sustainable development targets, the UN Secretary General last week launched a UN-supported coalition of 30 world business leaders, including Moroccan businesswoman Miriem Bensalah-Chaqroun. The Global Investors for Sustainable Development Alliance (GISD) is tasked with providing decisive leadership in mobilizing resources for sustainable development, with the […]