Microsoft Releases New Browser Spartan

New York- Microsoft has just released its new browser called Spartan, which is expected to move Internet Explorer to the back burner. The new browser will be integrated into Windows 10, and comes with an updated UI, as well as advanced features that are expected to meet the needs of a new generation of internet users and developers. Currently under development at Microsoft labs, Spartan was officially prese ...

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Royal Air Maroc Inks Contract with Air France For Boeing 787 Maintenance

Rabat - Royal Air Maroc (RAM) has signed a long-term contract with Air France KLM for the maintenance of five Boeing 787s owned by the Moroccan flag carrier. According to a press release issued by Air France KLM, the contract "will organize component repair and overhaul services for Boeing 787s owned by Royal Air Maroc, with dedicated access to the Air France KLM E&M spares pool at Amsterdam." The lates ...

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Thanks to its Many Assets, Moroccan Economy is on Right Track: IMF official

Rabat- Thanks to its many assets, the Moroccan economy is on the right track, said Jean-Fançois Dauphin, Chief of French-speaking countries division at the International Monetary Fund (IMF), noting that prospects are promising on the mid-term. The Moroccan economy has several assets. Over the past decade, a noteworthy diversification combined with an important growth rate and drop in poverty marked the coun ...

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General Confederation of Moroccan Enterprises Rallies for the South Region

Rabat - The General Confederation of Moroccan Enterprises (CGEM) is hosting a regional forum in Laayoune on March 28th, to Promote the Investment of MAD 4 Billion into Morocco’s Southern Region. 150 investors and company managers and 300 local and external participants will attend the regional forum, presided over by Meriem Bensalah Chakroun, President of CGEM, and Mohamed Hassad, Morocco’s Interior Ministe ...

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WB loans Morocco 130 million dollars for household waste management

Rabat  - The World Bank extended Morocco a loan of 130 million Dollars, part of the Fourth Municipal Solid Waste Sector Development Policy Loan.  The loan is a second in a series of two operations seeking to support the Moroccan government's efforts to implement integrated household waste management.  The loan agreement was initialed in Rabat by the World Bank’s Deputy Country Director Michael Hamaide and M ...

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First Porsche Centre to Open in Casablanca

Rabat - Centrale Automobile Chérifienne (CAC) held a conference on Thursday, March 26th to announce the inauguration of the first center providing Porsche services in Morocco. The centre lays on a surface of 4.538 m2 and includes a showroom and a two-story technical workshop. The building has a rooftop terrace capable of showcasing 36 cars. It also provides an after –sales service and employs 38 people, inc ...

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UNCTAD Ranks Morocco 72 Worldwide in E-commerce

Rabat - Geneva-based United Nations Conference on Trade and Development (UNCTAD) ranked Morocco in the 72nd place in an index that measures countries' capacity to facilitate online commerce. With a score of 44.3/100, Morocco is ranked in the 72nd place out of 130 countries in the UNCTAD ranking which examines the countries' ability to conduct online transactions.  The UNCTAD's B2C E-commerce Index for 2014 ...

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Third Annual Ambassadors Forum Features 11 U.S. Ambassadors to MENA Region and 400 Companies

Rabat - The National U.S.-Arab Chamber of Commerce (NUSACC), in collaboration with the U.S. Department of State, hosted the Third Annual Ambassadors Forum on March 23rd in Washington D.C. The event provided insight on the advancement of United States trade and investment in the MENA region, and focussed on the challenges facing the region after the so-called Arab Spring. 400 companies gathered at the State ...

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Morocco’s Mobile Operators’ Revenue to Climb With 4G Licenses: OBG

Rabat - Oxford Business Group (OBG), a global publishing, research and consultancy firm, said that 4G licenses should help unlock new sources of revenue for the telecom operators in Morocco. The country's main mobile operators, Maroc Telecom, Meditel and Inwi, have won last week licenses enabling them to operate 4G services. In an article about the economic impact of introducing 4G services in Morocco, OBG ...

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Morocco, Germany to Step up Cooperation in SMEs Promotion

Rabat - Morocco and Germany signed, on Thursday in Rabat, a twining agreement to enhance services offered to small and medium sized enterprises (SMEs). The agreement was signed by director general of the national agency for the promotion of SMEs Larbi Benrazzouk and EU Ambassador to Morocco, Rupert Joy. This agreement, worth 250,000 euros, is part of the "Making a success of the Advanced Status " programme ...

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Agadir Hosts a Seminar on Its Position As a Tourist Destination

Rabat - The Regional Council of Tourism in Agadir and Souss Massa Draa (SMD) is organizing a seminar under the theme “Agadir: A Destination to Reinvent!” on March 28 to discuss problems facing the city's position as a Touristic Destination. Aware of the challenges facing the region of Agadir as a touristic destination, the Regional Council of Tourism in Agadir SMD will open a debate in an attempt to find so ...

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Moroccan Central Bank Keeps Interest Rate Flat

Rabat- Bank-Al-Maghrib, Morocco's central bank, said it is maintaining its benchmark interest rate at 2.5 per cent because inflation will remain subdued. The quarterly report by the Bank-Al-Maghreb released on Tuesday has revealed that inflation has reached 1.5 per cent on average in the first two months of 2015, slightly higher than the central bank's forecast in December when it predicted 1.2 per cent and ...

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