By  Loubna Flah Morocco World News Casablanca, April 26, 2013 Moroccan tomatoes exported to the European Union reached record levels during the two first weeks of the current month. Accordion to the Moroccan daily Al Massae, Spanish Consulting Department for Agriculture and Fisheries revealed that tomatoes imported from Morocco to the European market grew by 36% last week and 6% this week respectively in co ...

By Loubna Flah Morocco World News Casablanca, April 25, 2013 The Moroccan industry showed strong signs of recovery during the last four months as it halted its regressive downturn according to the Moroccan daily Akhbar al Yawm. Morocco’s central bank, Bank Al Maghrib, stated in its monthly report on the economic juncture that the performance of Moroccan industry improved by 48% during the last four months. ...

By Larbi Arbaoui Morocco World News Taroudant, Morocco, April 21, 2013 Moroccan Banks reduced the amount that is allowed through ATMs. According to an agent working in an agency of Banque Populaire, nearly all Moroccan banks received a note on limiting the amount that their clients can withdraw everyday from ATMs. The same source added that the purpose behind this new measure aims at encouraging credit card ...

Rabat, April 18, 2013 (MAP) Moroccan tourism has recorded a "notable growth" in the first quarter of 2013, said on Thursday tourism minister, Lahcen Haddad. The number of foreign tourists visiting Morocco grew by 8pc as at last March, compared to the same period of 2012 while the number of hotel nights increased by 19.2pc, with Marrakech recording a 32pc increase, he added in a presentation before the weekl ...

By Loubna Flah Morocco World News Casablanca, April 16, 2013 The Minister of Economy and  Finance, Mr. Nizar Baraka announced  that the decision to freeze MAD 15 billion of investment assets  was a tough but an unavoidable measure in order to rescue the slumbering Moroccan  economy. He asserted that the decision to freeze investment funds was meant essentially to curb the large trade deficit which is crippl ...

By Hajj Elbabboushi Morocco World News New York, March 26, 2013 Morocco World News is introducing a weekly blog hosted by Hajj Elbabboushi to objectively criticize some of the top stories we previously featured. Hajj Elbabboushi is a former Moroccan teacher of English spent most his life in Morocco but retired abroad. Throughout his life, he was deceived by the media, governments and people and consequently ...

 Rabat, February 21, 2013 (MAP) A framework agreement to manage a 1.25 billion dollar-grant by Kuwait was signed, Thursday in Rabat, by Economy Minister Nizar Baraka and managing director of the Kuwaiti Fund For Arab Economic Development Abdelwahab Ahmad Al Badr.   Speaking on this occasion, Baraka said this donation is part of the strategic partnership between Morocco and the countries of the Gulf Cooperat ...

Washington, February 9, 2013 (MAP) The International Monetary Fund (IMF) is optimistic about a recovery in economic growth in Morocco in 2013 and beyond, after the decline in 2012 due to various external and internal shocks, said, Friday in Washington, Masood Ahmed, Director of the Middle East and Central Asia Department at the IMF. "Given the strong track record of wise economic management in Morocco for s ...

By Mouna Sadek and Bakari Gueye Algiers/Nouakchott, February 5, 2013 The Algerian gas site siege and the Mali crisis could end up hurting economic growth, analysts warn. The gas field attack in Algeria and the war against terrorism in northern Mali are leading the countries to take a new look at economic policies. The January siege by a former al-Qaeda emir on the In Anemas gas complex was aimed directly at ...

Morocco World News Rabat, February 3, 2013 Moroccan economist Driss Ben Ali passed away on Sunday in Marrakesh at the age of 69. The late Ben Ali was among Morocco’s most famous intellectuals and one of the most popular among Moroccans. He was distinguished by his often accurate analyses of Morocco’s economic woes and the measures that needed to be taken in order to move the country’s economy forward. He wa ...

By Loubna Flah Morocco World News Casablanca, January 09, 2013 The High Commission for Planning announced in its conjuncture notice that economic growth in Morocco decreased during the third term in the last year by 2.1 percent, turning in just 2.9 percent growth for the quarter, in contrast with a 5 percent rate during the third term of 2011. In its report, the HCP makes the correlation between the sluggis ...

Madrid, December 21, 2012 (MAP) Morocco tops the list of beneficiary countries of the Master Plan for Spanish Cooperation for the period 2013-2016, According to official sources in Madrid. This plan, adopted by the Council of Ministers, chaired by Spanish Prime Minister, Mariano Rajoy, concerns 20 African and Latin American countries, including Morocco, Colombia, Mauritania, Dominican Republic, Bolivia, Mal ...