Morocco awarded African Country of the Future 2011/12
London - Morocco has been awarded Morocco awarded the African Country of the Future 2011/12 by the FDI Intelligence, a division of the prestigious British press group The Financial Times, specializing in foreign direct investment (FDI). Morocco, improves its ranking,...
President Obama Hosts an Iftar Dinner to Celebrate Ramadan
[youtube=http://www.youtube.com/watch?v=2gDLvzr5fCo] Continuing a tradition at the White House, last night President Obama hosted his third Iftar dinner to celebrate Ramadan. The Iftar is the meal that breaks the day of fasting, when Muslim families and communities...
Morocco: Cabinet Meeting Adopts Sao Paolo Protocol On Global System of Trade Preferences
Rabat — The Cabinet meeting adopted, Thursday, in principle the Protocol of Sao Paolo on the Global System of Trade Preferences among developing countries (GSTP). During a press conference after the Cabinet meeting, Communication Minister, Government Spokesman Khalid...
Morocco cancels telecom stake sale for 2nd time
RABAT Aug 12 (Reuters) - The Moroccan government on Friday cancelled for the second time in less than a year a tender for the sale of part of its 30-percent stake in Maroc Telecom , bankers familiar with the matter said. The finance ministry notified financial firms...
Morocco’s Attijariwafa bank H1 profit rises 15.2 pct
RABAT Aug 12 (Reuters) - Attijariwafa Bank , Morocco's biggest lender, on Friday posted a 15.2 percent rise in its net profit during the first six months of this year after the bank boosted productivity mainly by keeping costs in check. The bank, whose biggest...
Syria: Morocco ‘deeply concerned’ about Syrian situation
Morocco on Wednesday expressed 'deep concern' about the events in Syria and called on all parties concerned to exercise restraint and wisdom. 'The kingdom of Morocco, whose traditional position is not to interfere with the internal affairs of other countries,...
Morocco to set vote date after parties agree on format
RABAT — All political parties in Morocco must agree on the procedures for upcoming legislative elections before a vote date can be set, Communications Minister Khalid Naciri said Thursday. King Mohammed VI recently said the vote must be held quickly to solidify the...
Morocco forecasts GDP growth at 5%
Morocco said it expects its energy-importing economy to grow by between 4.7 and 5.2 percent in 2012, close to the forecast level for 2011, assuming an oil price 33 percent higher than the basis for this year's budget. In remarks carried by the official MAP news...
Morocco in the News – August 12, 2011
On the business side, Reuters reports that the Moroccan government on Friday cancelled for the second time in less than a year a tender for the sale of part of its 30-percent stake in Maroc Telecom. The revival of the stake sale has prompted opposition parties, mostly...
Being young improves survival odds in cold water
LOS ANGELES -- The 12-year-old boy who was rescued after spending 15 minutes or more in the cold Pacific likely survived because of his age, among other factors, experts say. Charles "Dale" Ostrander was visiting the southwest Washington coast with his church youth...