First Independent Mena Newspaper
The French Minister for Foreign Trade and Attractiveness reiterated from Casablanca France’s strong desire to raise its economic relations with Morocco to an even higher level and to exploit the many existing opportunities. “Despite the health crisis and travel difficulties, my presence here shows how much the French government wishes to consolidate and increase […]
King Mohammed VI has called on the Moroccan private sector to conduct massive testing to protect the employees and resume activity in a secure environment, as part of the participatory management of the Covid 19 pandemic. The Ministry of Health and the General Confederation of Moroccan Enterprises (CGEM) said in a joint statement that this […]
The economic monitoring committee, set up since the outbreak of the COVID-19 pandemic in Morocco early March, is making every effort to resume economic activities and put economic recovery on the right track, after more than two months of confinement, which heavily impacted several sectors of the national economy. The committee members discussed at a […]
Moroccan Employers’ Association (CGEM) and the International Finance Corporation (IFC), a World Bank Group institution dedicated to the private sector, are pooling efforts to support innovative Moroccan startups selected as part of the #SolidariTECH initiative. This partnership aims to deploy the solutions proposed by these startups in neighboring countries such as Algeria and Tunisia and […]
Morocco is hosting 71 Japanese companies operating in the automotive industry and renewable energy. These firms are employing nearly 40,000 people, making Japan the largest foreign private employer in the North African Kingdom. The remarks were made by chairman of the Moroccan employers’ union (CGEM) Chakib Alj during a networking meeting between Moroccan economic […]
Moroccan and Jordanian business communities have decided to set up a joint council to boost economic and commercial cooperation between the two countries. The agreement was sealed lately in Amman between Morocco’s Employers Union (CGEM) and Jordanian businessmen Association (JBA), on the sidelines of the Morocco-Jordan Investment Forum. The two sides agreed to exchange data […]
Head of the Moroccan enterprises federation (CGEM) Salaheddine Mezouar submitted his resignation after being criticized by a foreign ministry statement over remarks concerning the unrest in Algeria. Mezouar, who announced his resignation in an e-mail to the CGEM members citing “major personal constraints”, had told an international conference in Marrakech that the military regime in […]
Former Finance and former Foreign Minister Salah Eddine Mezouar was elected new President of the Federation of Morocco’s employers (CGEM) succeeding Meriem Bensaleh. Mezouar won by a landslide majority of 5,173 out of the 6635 casted votes after a heated electoral campaign in which he ran against Hakim Marrakchi. In a statement to the press […]
The informal sector makes up 20% of Morocco’s GDP said a study conducted by the association of Morocco’s employers (CGEM). The study shows that the textile sector remains the most affected with the informal economy rising up to 54% followed by road transport 32%, construction 31% and agri-food industry 26%. The informal sector employs 2.4 […]
The 6th EU-Africa Business Forum held Monday in Abidjan, Côte d’Ivoire, host country of the 5th African Union-European Union Summit, focused on “investing in job creation for youth”. It also looked at the challenges and opportunities for investment in Africa along four strategic priorities of the EU-Africa cooperation, such as renewable energy, agribusiness, infrastructure and […]