Archive for the 'economy' Category
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 [...]
Popularity: 14% [?]
February 23rd, 2009 | Posted in economy, market trends | No Comments
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 [...]
Popularity: 15% [?]
January 15th, 2009 | Posted in Investment Property, economy | No Comments
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 [...]
Popularity: 13% [?]
November 25th, 2008 | Posted in Latest News, economy | 2 Comments
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 [...]
Popularity: 15% [?]
September 7th, 2008 | Posted in economy, market trends | No Comments
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 [...]
Popularity: 24% [?]
June 21st, 2008 | Posted in Rentals, Travel, economy | No Comments
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, [...]
Popularity: 12% [?]
June 7th, 2008 | Posted in economy, market trends | No Comments
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 [...]
Popularity: 11% [?]
June 3rd, 2008 | Posted in economy, market trends | No Comments
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 [...]
Popularity: 11% [?]
May 3rd, 2008 | Posted in Latest News, economy | No Comments
Magharebia.com cited official government figures during the final quarter of 2007 and reported that the Morocco economy is quite strong and gross domestic product (GDP) went up 2.1 per cent and is lesser than that in 2006 but still it showed positive step up in the economy. This growth in economy attracts overseas property purchasers [...]
Popularity: 12% [?]
April 26th, 2008 | Posted in Investment Property, economy | No Comments
US publication the Seattle Times has reported about the potential tunnel linking Morocco with Spain is now a serious possibility. Spain and Morocco have commissioned a new study on building a tunnel under the Strait of Gibraltar and the project is now in the planning stage. This is really exciting news for the property investors [...]
Popularity: 18% [?]
April 26th, 2008 | Posted in Latest News, Tangier, economy | 1 Comment