Business Emerging Markets Features Headlines Morocco

Morocco : ICT Turnover Rocketed to € 3 billion in 2013

The turnover of the sector of information and communication technology (ICT) in Morocco jumped from € 750 million in 1999 to € 3 billion in 2013, revealed the National Agency of telecommunications Regulation (ANRT). The sector has thus become the biggest tax-payer in the country and grabs much of the foreign direct investments injected in […]

Africa Features Headlines International Morocco

Moroccan Diplomat Killed in Pretoria in unclear circumstances

A Moroccan diplomat accredited to South Africa has been reportedly killed and his lifeless body was found in his home in Pretoria on Tuesday. According to Morocco’s Embassy in South Africa, the victim, M. Noureddine Fatmi, who was in charge of consular affairs, was apparently murdered in his apartment in the district of Monument Park […]

Features Headlines International Morocco

Morocco’s unique approach to defusing extremism highlighted at UN

Morocco’s unique approach to defusing terrorism and countering incitement to terrorist acts within the context of Islam was highlighted this week at the United Nations during a high-level meeting of the UN Security Council’s Counter-Terrorism Committee (CTC). Some officials from the North African country, including Minister of religious affairs, Ahmed Toufik, made the trip to […]

Features Headlines International Morocco

UN : Morocco Warns International Community’s Inaction Means More Conflicts, Greater Fanaticism

Morocco has warned the international community that it should support developing countries and help them achieve progress, security and stability, otherwise its inaction would entail more conflicts and greater fanaticism, violence and terrorism, plagues that are all kindled by the feelings of injustice and exclusion. “The world stands at a crossroads today. Either the international […]

Features Headlines Morocco

Morocco Can Join Emerging Nations’ Club provided Some Malfunctions are Addressed

Morocco which has already become, thanks to its economic openness policy, an international trade hub can rightfully aspire to join the club of emerging nations but further efforts are needed to address some malfunctions and improve the business environment. The remarks were made on Wednesday by Morocco’s King Mohammed VI who pointed out that catching […]

Americas Features Headlines International Morocco

Morocco-Argentina: a high-potential relation

Morocco, the world’s largest producer of phosphate, and Argentina, an agricultural power, would benefit from increasing trade. Foreign investors are gnashing their teeth as Argentina defaulted on its sovereign debt for the eighth time in its history – but not all of them. Whilst Buenos Aires’ financial problems threaten to worsen regional trade, it is […]

Features Headlines Morocco

Morocco Deplores Closure of Moroccan-Algerian Borders as Inconsistent with logic of history, legitimacy

Morocco has once again deplored the closure of borders between the Kingdom and Algeria, describing the closure as inconsistent with the logic of history and legitimacy and as a hindrance to the evolution of the Maghreb Union. This came in the speech delivered on July 30 by the King of Morocco Mohammed VI on the […]

Features Headlines Morocco

King of Morocco Keen on Promoting More Social Justice in his Country

Morocco’s King Mohammed VI called on Wednesday for more social justice and stressed the need to see to it that all Moroccans benefit from their country’s wealth. The King who was delivering a speech on the occasion of the 15th anniversary of his enthronement, said that despite the tremendous progress scored at the democratic and […]

Business Emerging Markets Features Headlines Morocco

Chinese Operators Look towards Morocco for New Investments

Chinese operators and firms have started looking towards Morocco for new locations of their businesses or production units. The Chinese Shandong Shangang group, a world leader in the manufacture of steel products, is one of these groups which decided to set up a unit in the Tangier free zone in Northern Morocco. A memorandum of […]

Business Features Headlines Morocco

Morocco’s Telecom group Upbeat about Growth in 2014  

Morocco’s leading telecommunications group Maroc Telecom or IAM seems upbeat about its growth in 2014 as the financial results for the first half of the current year showed a slight increase compared to the same period last year. The company’s turnover actually reached 14,564 Billion Moroccan dirhams to 14,468 Billion during the same period of […]