Archive for April, 2009

Morocco emerges as one of the best places to consider in 2009

As the economic recession grips the EUI, rising property prices, expats who want to dodge the money trap of the eurozone are laying down their bags further afield.
According to Chintan Mahida, a spokesperson for property firm Nubricks .com, Morocco is now considered as a safe bet among homemakers. Apartments, duplexes and villas available with private [...]

Popularity: 36% [?]

Morocco has the fastest tourism growth rate in North Africa

Morocco’s tourism is doing well in spite of the global economic turmoil as Eight million tourists visited the country in 2008, a 7% growth compared to 2007, it has been revealed.
Morocco has the fastest tourism growth rate in North Africa and has recorded a phenomenal growth in tourism in 2008.The official Figures released by Morocco’s [...]

Popularity: 32% [?]

Ski property brings excellent rental return

Demand for Moroccan ski property has increased as skiers turn to buying Ski property and head for those sun-drenched, snowy peaks. Property investors fancy their own bolt hole near the slopes, which can also bring excellent rental returns all year round, there is a great array of mountainous destinations and property styles to choose in [...]

Popularity: 23% [?]

Banque Centrale Populaire (BCP) profits from strong credit growth in Morocco

Moroccan lender Banque Centrale Populaire (BCP.CS) reported a 16 percent increase in 2008 net profit as it benefited from strong credit growth in the North African country, according to Reuters reports.
The banks Net income grew to 826 million dirhams ($100.4 million) from 715 million a year earlier, added the same sourcing quoting the BCP statement [...]

Popularity: 23% [?]

Moroccan tourism board launches late deals website

Morocco has become the first country to show restrain during the period of reduced travel bookings as a new website aimed to boost tourist numbers has been launched by tourism chiefs in Morocco.
Moroccothereapy.com has been established to help the tourists in this period of economic downturn as research has shown that tourists tend to book [...]

Popularity: 61% [?]