Business Headlines Morocco

Born2Invest Draws Lessons from King Mohammed VI’s Vision for New Morocco

Mohammed VI of Morocco is credited for the big turnaround of the country, which is now attracting visitors and investors due to its good governance, highlighted the UK-based economic news website, Born2Invest. In an article entitled “Business lessons from King Mohammed VI of Morocco,” Olivia Mccall writes that the Monarch transformed his country from a […]

Africa Asia Headlines International Morocco

Morocco, India’s bridge to French-speaking Africa- Business Standard

Thanks to its increasing diplomatic and economic clout, Morocco is best placed to serve as India’s bridge to French speaking Africa, Indian paper, the Business Standard, commented. Morocco, a North African nation almost touching Europe, has emerged as an “island of stability” in a volatile region, adds the paper quoting Morocco’s Ambassador to New Delhi […]

Americas Headlines International Morocco

After Panama, Uruguay dismisses Polisario’s complaint about Moroccan Phosphates

The Algeria-backed Polisario separatists have once again failed to practice their “political piracy” as they did in South Africa last May. Last week, it was in Latin America, precisely in Uruguay, that the Polisario attempted to incite a Uruguayan court to order the seizure of a 300-ton shipment of Moroccan phosphate. But, although Uruguay backs […]

Algeria Headlines Mauritania Morocco Tunisia

Over 20% of Cigarettes Consumed in Maghreb are Illicit- KPMG Study

Illicit cigarettes accounted for over 20% of consumption across the Maghreb region in 2016. However successful prevention strategies have resulted in a 24% decline since 2015, said the Amsterdam based professional service and auditing company KPMG in a recent study. The study, dubbed “Illicit Cigarette Trade in the Maghreb Region,” shows the 13 billion smuggled […]

Business Headlines Morocco

Morocco Unveils Plan to Triple Investments by International Film Producers

A plan to set up financial incentives to attract more international filmmakers to Morocco was unveiled in Rabat with the aim of tripling investments by foreign producers in the Kingdom. Speaking at a conference, Director General of Morocco’s cinema center (CCM) Sarim Fassi Fihri underscored the plan’s beneficial impact on job creation notably in the […]

Headlines Morocco

Moroccan Government Announces Measures to Implement Royal Speech

Head of the Moroccan Government, Saad Eddine El Othmani, announced that a set of measures will be taken to implement the directives laid down in the speech, delivered by King Mohammed VI on the occasion of Throne Day. In the speech, the Monarch lambasted public officials and the civil service for falling short of fulfilling […]

Asia Headlines International Morocco

Wanted by ICC, Sudanese President Meets Saudi King in Tangier

In defiance of the International Criminal Court (ICC) indictment, Sudanese President Omar Al Bashir flew on a private visit to Tangier in northern Morocco where he met King Salman of Saudi Arabia, who is holidaying in the city, media reports said. The Sudanese President was accompanied by a delegation of Ministers and was received at […]

Headlines Morocco

Morocco’s Spending on Cooking Gas, Sugar Subsidies Hits $700 million

Morocco’s spending on cooking gas and sugar subsidies rose sharply to nearly $700 million in the first half of 2017, compared to $481 million in 2016, the subsidy fund, Caisse de Compensation, said. During the first half of 2017, spending on cooking gas increased 70 percent year-on-year from $310 million to $525 million, while spending […]

Business Headlines Morocco

Morocco’s Fashion Industry to be Showcased at ‘Maroc In Mode’ Exhibition

On October 26-27, the 15th “Maroc in Mode” exhibition will be held in Marrakech to showcase the country’s growing textile sector, said Drapers, a magazine specializing in fashion and retail. The exhibition, organized by the Moroccan Textile Organization in partnership with the Foreign Trade Department and Maroc Export, will take place at the Moulay Hassan […]

Headlines Morocco

Morocco Hosts World Climate Chance Summit Sept.11-13

Moroccan city of Agadir, one of the world popular touristic destinations, will host Sept.11-13 Climate Chance World Summit, the biggest event for non-state actors (local authorities, companies, NGOS, etc.) before COP23 to be organized by Fiji next Nov.6-17. The summit will bring together climate actors from around the world to discuss several issues related to […]