Français | الـعـربـيـة
Latest News

Elalamy Calls on German Businesses to Seize Opportunities Offered by Morocco

Casablanca - Morocco’s Minister of Industry, Trade, Investment and Digital Economy Moulay Hafid Elalamy called on Tuesday in Casablanca German business community to seize the many business and partnership opportunities offered by the economic environment in Morocco. This commission is a unique platform for both countries to seize the economic opportunities offered by their "excellent" bilateral relations, s ...

Read more

Will Beheading of French Hostage by ISIS Affect Morocco’s Tourism?

Marrakech - The beheading of the French hostage Hervé Gourdel in Algeria in the notoriously dangerous terrorist area of Kabilye has caused a drop in tourist bookings according to the President of the French Travel Agents Union. Morocco, which is secure and does not have the long running terrorism problems that has afflicted Algeria since 1992, suffers by association because it is part of North Africa and it ...

Read more

Morocco: Oil Prices Down as of Oct. 1, Diesel Unchanged

Rabat - The prices of premium gasoline, fuel oil n2, fuel oil n2 ONE and special fuel will decline as of October 1, 2014.  The price of diesel oil will remain fixed at MAD 9.69 per liter, announced the Ministry of General Affairs and Governance on Tuesday. The price of special fuel will drop by MAD 166.97 per ton, to stand at MAD 6,361.30 per ton, while the price of fuel oil n2 ONE will fall by MAD 101.48 p ...

Read more

Morocco: Tourism Sector Generates MAD 174 Billion in 3 Years

Rabat - Tourism sector, a real engine for Morocco's economic and social development, achieved over the past three years positive and encouraging results with an increase in tourist arrivals (+8%), in bed capacity (+30,000 beds), and in employment (+50,000 jobs), said Tourism Minister Lahcen Haddad. The sector, which showed resilience in a difficult international juncture, generated 174 billion dirhams of fo ...

Read more

Swiss Company Invests € 65 Million in Moroccan Bio-agriculture

Geneva - "Eléphant Vert," leading Swiss bio-fertilizer company, gained a foothold in Morocco where it is in the process of setting up three production units in Meknes, Agadir and Berkane for an amount of 65 million euros. This project, which will provide 500 jobs by 2017, seeks to make the country a hub to export three-quarters of its production to Europe and African, the company said. The Moroccan subsidia ...

Read more

A Moroccan Among Africa’s Top 10 Economic Leaders for Tomorrow

New York- A Moroccan was chosen among Africa's top 10 economic leaders for tomorrow. According to a study conducted by the French Institute Choiseul, 39-year old Mehdi Tazi, CEO of Saham Assurances, ranked 7th among Africa’s top 10 economic leaders for tomorrow. The fisrt annual survey conducted by the French Institute “identifies and ranks the young African leaders of 40 years old and under, who will play ...

Read more

Morocco, Spain to Consolidate Cooperation in Energy

Rabat - Morocco and Spain reiterated, on Monday, their determination to reinforce cooperation in the energy field. Rabat and Madrid emphasize "the importance of cooperation in the energy sector" to reinforce the momentum underway between the two countries in various fields, Spanish Minister of Industry, Energy and Tourism, José Manuel Soria, told the press following a meeting with the Minister of Energy, Mi ...

Read more

Morocco, Spain for joint development strategy

Rabat - Minister of Industry, Trade, Investment and Digital Economy Moulay Hafid El Alalmy met, on Monday in Rabat, with Spanish Minister of Industry, Energy and Tourism José Manuel Soria on the development of partnership the in sectors of car industry, renewable energy, shipbuilding and industrial technical centers. During this meeting, the two sides hailed the positive evolution of bilateral economic ties ...

Read more

Sharp Increase of Gulf Countries investments in Morocco

Marrakech- Funds from the countries of the Gulf Cooperation Council (GCC) as foreign direct investment are steadily increasing, as well as remittances from Moroccans working in the Gulf, according to Moroccan newspaper l’Economiste. In 2013, revenues from the Gulf exceeded 25 billion dirhams and accounted for 15% of foreign direct investment (FDI) received by Morocco. In over a decade, trade between Morocco ...

Read more

King Mohammed VI Chairs Launching of Great Casablanca Region Development Plan

Casablanca - King Mohammed VI chaired this Friday at the Royal Palace of Casablanca the launching of the Great Casablanca region development plan (2015-2020). The plan is part of the Royal orientations, mainly those mentioned in the speech delivered by the Sovereign at the opening of the first session of the third legislative year of the parliament's ninth legislature. It is intended to consolidate the regi ...

Read more

Morocco: Tangiers Petroleum Pulls out of Tarfaya Block

Rabat- Australian oil exploration company Tangiers Petroleum has ceased drilling on the on the Tarfaya block, which it shared with Galp Energia. It has transferred its interest in the block back to Galp Energia. The company explained on its website via an article in Proactieinvestor.com that the well exceeded their internal budget, since costs for its share exceeded USD $18.56 million. The company said that ...

Read more

Africa’s trade under a changing climate

By Richard Munang and Jesica Andrews The devastating effects of climate change are already being felt across the planet, including in Africa. The 2011 drought-induced famine in the Horn of Africa affected more than 10 million people, claimed 257,000 lives and cost over $1 billion in damages. The recent Africa Adaptation Gap report by the UN Environment Programme warns that climate change could reduce total ...

Read more

© 2011 - 2014, Morocco World News

Scroll to top