First Independent Mena Newspaper
The achievement of Morocco’s 10-year plan, Vision 2020, aiming to double the size of tourist sector and boosting revenues to $15bn annually by the end of the decade hinges on the development of air transport, Morocco’s tourism and air transport minister Mohamed Sajid said. Bringing air transport into the tourism sector “has created a synergy”, […]
The long awaited 2018 Doing Business report has vindicated Morocco as a shining model in terms of ease of implementing investments in North Africa and controverted Algeria due to its unpropitious business climate. The report invalidates the unfounded statements uttered by Algeria’s foreign minister, Abdelkader Messahel, who claimed that his country ranks first at the […]
Morocco has reinforced its production capacities of industrial lubricants, which are increasingly exported to the African market. Speaking to le360 news portal from Accra, director of oil company, Afrique Petromin Internatoinal, Hicham Bouzoubaa said that Morocco offers massive investment opportunities for the development of the lubricant industry. He said the kingdom is increasingly […]
Morocco was ranked the best North African country for doing business and the third in the MENA region in the annual Doing Business rankings. Morocco has slipped one place, in the report published by the World Bank, taking the 69th position globally out of 190 surveyed countries, far ahead of Tunisia (88th), Egypt (128th) and […]
Morocco has recorded a significant harvest of 112,000 tons of all sorts of dates in 2017 as part of achieving the goal of reaching an annual production of 160,000 tons by 2020, up from 90,000 in 2010. To reach that goal, Morocco has integrated developing date palm cultivation in the green Morocco plan. The country […]
The Moroccan agency for energy efficiency (AMEE) was awarded a top prize at the third Emirates Energy Award in Dubai in recognition for its efforts to promote the rational use of energy. AMEE was among 33 winners at the event organized in tandem with the fourth edition of The World Green Economy Summit (WGES) with […]
The World Bank underscored Morocco’s “undeniable progress over the past fifteen years” saying that the North African Kingdom is on the path of an “emerging and politically stable country”. The report dubbed, “Morocco 2040 – Emerging by Investing in Intangible Capital” underscores that “Morocco has made undeniable progress over the past fifteen years not only […]
Tourist arrivals in Morocco up to August 2017 have grown 10.4% compared to the same period last year to stand at 8 million tourists, the tourism ministry said. International tourist arrivals rose 13.1% while Moroccans living abroad visiting their homeland jumped 8.1%, the Ministry said in its latest statistics covering the January-August 2017 period. Arrivals […]
Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until 2022 in support of IMF’s concessional lending to low-income member countries. The International Monetary Fund (IMF), as Trustee of PRGT, has amended its 2012 investment agreement with Bank Al-Maghrib, through […]
Algeria has been ranked among the 10 worst performing countries in the 2017 Economic Freedom of the World Report taking the 156th place among 159 nations. Algeria was ranked among the 10 lowest-rated countries in the report on a par with Iran, Chad, Myanmar, Syria, Libya, Argentina, the Republic of the Congo, the Central African […]