Archive for the 'economy' Category

Morocco is shielded from the full effect of the global credit crisis

Morocco’s banks vowed to keep credits flowing to maintain the country’s economic growth in the midst of global financial crisis, according to reports.
Morocco’s Banks Professional Grouping (GPBM) has said that banks in morocco continue to finance big infrastructure projects, small and medium enterprises, productive investment projects, real estate and social housing. Spokesperson of the association [...]

Real estate revenues has significantly boosted Moroccan economy

The popularity of Morocco with foreign leisure travellers and real estate revenues has significantly boosted the economy in the region, experts have said.
Those thinking of investing in property in Morocco may find it an even more appealing option in light of the country’s finance minister statements in the ‘financial news’, he said that investment in [...]

Morocco is shielded from the full effect of the global credit crisis

Morocco’s banks vowed to keep credits flowing to maintain the country’s economic growth in the midst of global financial crisis, according to reports.
Morocco’s Banks Professional Grouping (GPBM) has said that banks in morocco continue to finance big infrastructure projects, small and medium enterprises, productive investment projects, real estate and social housing.
Spokesperson of the association said [...]

Positive economy boosts Moroccan property prospects

The booming Moroccan economy is having a positive impact on the way property in Morocco is viewed as an investment, according to an industry expert.
Dominique Gautier, a partner in the Munich-based “Roland Berger Strategy Consultant” which has an office in Casablanca, Morocco has said that the economy of Morocco is the most interesting in North [...]

Morocco insulated from the global economic turmoil

Global economic crises such as the credit crunch are not affecting Moroccan housing market, a media report has revealed.
According to Ahmad Al-Ameer, vice-chairman and CEO of Kuwaiti Gulf Holding Company (GHC), the gloomy financial outlook is not putting investors off entering the Moroccan market. The North African country is continuing to attract a high level [...]

Booming Turkish economy boosts investment prospects

Officials in Turkey have revealed that the country’s economy is growing at an increased rate and predicted that this will continue in the next four years.
Finance minister Salaheddine Mezouar stated that the economy is likely to grow by 6.3% on an annual basis till 2012, reports Reuters. The government has implemented numerous economic reforms to [...]

The value of the Moroccan currency attract Americans

Forbes.com recommended Morocco in a list of potential holiday options for leisure travelers affected by the weak US dollar.
Leisure travelers from the US have found that trips to the European country are more costly, as their money will not go as far as it has done in the past. Bob Atkinson, travel product manager at [...]

Morocco’s resilient economy spurs property investment

Morocco’s economy has become unperturbed to outside events and its economic growth is set to continue in the near future, experts have predicted.
Moody’s Investors Service annual report into the Moroccan economy has revealed that Moroccan economy is booming and property development is taking hold in a big way. The government’s plans to create more jobs, [...]

Morocco Property Investment is Recession Proof

Property experts believe Morocco enjoys economic growth despite the slump in the global marketplace and companies based in Morocco keep on enjoying robust earnings growth. This fact may also be of interest to those who are considering property buying in Morocco.
The related benchmark MASI index for the new stock exchange program improved 34 percent in [...]

Morocco EU talks boost foreign investment

Morocco’s Foreign Minister Taieb Fassi-Fihri said at a conference on EU Mediterranean rim cooperation that negotiations on an advanced status for Morocco will open with the European Union in this spring. This was clearly supported by The EU Commissioner for External Relations and European Neighbourhood Policy, Benita Ferrero-Waldner.
Moroccan government feels that progress towards an advanced [...]