Morocco: Encouraging growth in industry – Thanks to phosphate production
According to the most recent figures, Morocco’s secondary sector has seen some encouraging growth, despite difficult global economic conditions, thanks in large part to the production of phosphate rock and derivatives. However, with pressure to improve employment...
FDI returns to north Africa’s telecoms sector
When investors from countries as far flung as South Korea, Qatar and the United Arab Emirates clamoured to stake a claim in Maroc Telecom in April, the discord brought about by widespread protests in Morocco in 2011 and 2012 was far from investors’ minds. The flurry...
Morocco-Algeria: Open That Border! – OpEd
The border between Morocco and Algeria was closed in 1994 following an Islamist militant attack in Marrakesh that Morocco blamed on the Algerian secret services. However the media war continues between the two neighboring countries. In fact, a war of words had been...
Fwd: Kuwait Donates Morocco $1.25 Bn To Finance Development Projects
The Kingdom of Morocco and the Kuwait Fund for Arab Economic Development signed, Thursday in Kuwait City, seven agreements under which the state of Kuwait donates Morocco 1.25 billion dollars to finance development projects in the Kingdom. The donation will fund...
Ban Ki-Moon Commends HM The King’s Support To UN Efforts
New York (United Nations) -The UN Secretary-General, Ban Ki-moon, expressed, on Tuesday, his "gratitude for the support" of HM King Mohammed VI to UN efforts to find a solution to the regional dispute over the Moroccan Sahara. "The Secretary-General expressed...
Morocco Strongly Denounces Algeria’s “Conditions” To Normalising Bilateral Relations -Foreign Ministry
Morocco "strongly condemns" the statements made by official Algerian sources, setting several "unfounded and incomprehensible" conditions to normalising bilateral relations and reopening the land border between the two countries. The Moroccan Ministry of Foreign...
On Legalizing Pro Western Sahara independence movement
MNB/Rabat--At first glance, recent trial (known as the Gdim Izik trial) of Sahrawi separatists in Rabat and the creation of a new pro-independence party in the Spanish Basque country seem two distinct events. Nevertheless, these unrelated developments present Moroccan...
World risk: Alert – Emerging markets brace for new monetary-policy era
Investors have reacted with some alarm to indications that the US Federal Reserve could soon scale back "quantitative easing" (QE). Recent weeks have seen a major sell-off in emerging-market assets as investors anticipate higher returns in the US. This has revived...
A.T. Kearney FDI Confidence Index Shows the U.S. Surging to Top Destination for Expected Foreign Direct Investment for the First Time Since 2001
A cautiously optimistic outlook based on realigned expectations, as well as the United States returning to the top of the rankings, are the themes of the 2013 A.T. Kearney Foreign Direct Investment Confidence Index (FDICI), a regular measure of senior executive...
Merzouga Rally: More than 70 riders already enrolled in the Bike Rally.
The "Merzouga Rally" 2013 is enjoying a very positive feedback among the new competitors, who wish to face one of the most beautiful deserts in the world and the affectionate supporters who return in Morocco for the second, third and even fourth time, thanks to the...