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RAM, CFC sign partnership to enhance Finance City’s attractiveness

Casablanca - Moroccan carrier RAM and Casa Finance City (CFC) signed, on Monday in Casablanca, a strategic partnership on preferential rates for CFC labeled companies and their staff with the aim of enhancing the Finance City's attractiveness as a regional hub.  The agreement, signed by CEO of RAM Driss Benhima and head of the Moroccan Financial Board Said Ibrahimi will enable companies which chose to open ...

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QNB: IMF Programs Restore Investor Confidence in Morocco

Taroudant, Morocco - Qatar National Bank Group (QNB) said in its weekly analysis that the International Monetary Fund (IMF) programs have restored investor confidence in the Moroccan, Jordan and Tunisian economies, yet still have to deal with domestic and external imbalances, according to Qatar News Agency. In its weekly analysis reported by the Qatar News Agency April 19, the QNB said that, "The Internatio ...

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First Gabonese-Moroccan Business Forum to Boost Bilateral Trade

Rabat - The first Gabonese-Moroccan business forum offers a golden opportunity for the Moroccan private sector to boost trade between the two countries, said Monday in Rabat, Minister of equipment, transportation and logistics, Aziz Rabbah. "This is an invaluable opportunity that is being offered to the Moroccan private sector so that it can settle in sub-Saharan Africa, including Gabon," Rabbah told MAP on ...

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Rabat: Protestors Take to the streets to Protest Against Economic Conditions

Rabat-The Democratic Labor Organization (ODT) led over 1500 protesters on Sunday in the march of “the black spring” in Rabat, against the “dire” economic and social conditions. On April 6th, the three main Moroccan trade unions protested against the deterioration of the social and economic conditions of the working class wage earners. A few days later, the International Trade Union urged president Abdelilah ...

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Morocco, US discuss ways to boost cooperation in field of energy

Rabat - Minister of Energy, Mines, Water and the Environment, Abdelkader Amara, held talks Monday in Rabat, with Ambassador of the United States of America in Morocco, Dwight L. Bush Sr., on ways to promote cooperation in the field of energy, including renewable energy. This meeting was an opportunity to discuss several topics including energy and ways to further promote the Moroccan-American cooperation in ...

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Morocco: Tourists show high levels of satisfaction, Ministry

Rabat - The results of the tourist satisfaction survey of the 4th quarter of 2013, showed "high" levels of satisfaction and intention of return among tourists visiting Morocco, said the Ministry of Tourism. "The satisfied and very satisfied tourists represent 81 pc of respondents, while fairly satisfied were 17 percent against the dissatisfied 1 percent. Moreover, 83 percent of foreign tourists say they wer ...

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Spanish agriculture minister to visit Morocco

Madrid - Spanish Agriculture, Food and Environment Minister Miguel Arias Canete will pay, on Wednesday, a visit to Morocco, sources from his department said on Monday. During his stay, the Spanish official will meet with Moroccan minister of agriculture and sea fisheries Aziz Akhannouch. Canete will also take part in a round table on family agriculture organized as part of the 7th edition of the Agriculture ...

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Moroccan state sells remaining 6 pct stake in BCP

Rabat - Morocco's government has sold its remaining 6 percent stake in lender Banque Centrale Populaire S.A (BCP), the finance ministry said on Thursday. It did not disclose the value of the deal but L'Economiste newspaper said the government would raise 2 billion dirhams ($246.38 million) from the sale. The sale to Banque Populaire's regional affiliates would reduce the state's interest to one symbolic sha ...

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Morocco, Nigeria set to explore new horizons for cooperation in energy, Amara

Rabat - Minister of Energy, Mines, Water and the Environment, Abdelkader Amara, and Nigerian minister-delegate for electricity, Chinedu Nebo, agreed to strengthen bilateral cooperation in the field of energy, which should open new horizons based on a mutually beneficial partnership. Amara, who was speaking at a press briefing following a meeting with his Nigerian counterpart on the sidelines of the 8th Germ ...

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Morocco’s economic growth slows in first quarter as agricultural output falls

Rabat - Morocco's economic growth slowed sharply to 2.5 percent in the first quarter from a year earlier, and is likely to ease slightly again this quarter as agricultural output shrinks, the country's planning agency said on Tuesday. Agriculture, which accounts for about 15 percent of Morocco's gross domestic product, fell 3.4 percent in the first three months of 2014 and is expected to drop 3.9 percent in ...

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Will the EU CAP Affect Its Agricultural Agreement with Morocco?

Marrakech- While EU Commissioner Stefan Fule in 2012 hailed the EU-Morocco agreement on the liberalization of trade in agricultural products, fish and fishery products as a sign of the EU’s credibility in advancing relations with its southern neighbor, hat credibility now seems to be in doubt. Moroccan press today carried reports that yesterday the Council of Europe endorsed the adoption of the Common Agric ...

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Africa needs to adopt integrated policies to ‘attractive market’ in energy, Minister

Hamburg - Africa is called to adopt coherent and integrated policies to be an "attractive market" for companies operating in the energy sector, said Monday in Hamburg, Minister of Energy, Mines, Water and the Environment, Abdelkader Amara. Speaking at the opening session of the 8th German-African Energy Forum, the Minister stressed the special relations of Morocco with sub-Saharan Africa and their role in t ...

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