First Independent Mena Newspaper
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 […]
The fourth Moroccan-Russian Business Forum, held in Rabat on the eve of an official visit by Russia’s Prime Minister Dmitri Medvedev to Rabat, prospected opportunities to further boost trade between the two countries in the agricultural sector as well as new fields such as energy, the car industry, pharmaceutical industry, infrastructure, construction and new technologies. […]
Eight Moroccans have featured among the top 10 African Francophone leading businesswomen in a ranking established by the renowned Paris-based Jeune Afrique. Miriem Bensalah-Chaqroun, leader of the General Confederation of Moroccan Companies (CGEM, employers’ union) tops the ranking. She received recognition from Jeune Afrique, which reports that the 53-year old woman, who also heads the […]