Archive for the 'Latest News' Category

Morocco has diversified economy and a clear trade policy

French State Secretary for European Affairs Pierre Lellouche said that Morocco is a hub of stability and development in a problem-laden region. The Moroccan housing sector is benefiting from the fact it managed to escape the worst of the global economic crisis as high demand from investors and second home buyers boosts its profile.
Lellouche told [...]

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Morocco committed to promote the business climate and FDI

The Food Agriculture Organization (FAO) will provide technical support to Morocco’s forest preservation programme and it also agreed to cooperate in agriculture and fisheries.
For this purpose, the two parties had also signed an agreement worth USD 994,000 Morocco’s forest preservation programme which covers a period of four years (2010-2014). They also signed [...]

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Morocco could see growth in the adventure travel sector

The revenue generated by Morocco’s tourist industry is increasing and the country could see a rise in the number of tourists visiting the destination this year, it has been suggested.
According to Travelzest’s Best of Morocco, the country is the ideal spot for individuals who are looking to go on a budget break, with places like [...]

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The Moroccan investment development agency has opened an office in Spain

The Moroccan investment development agency has opened an office in Madrid to encourage Spanish businessmen to invest in Morocco.
Fathallah Sijelmassi, the director of the agency said that the opening of the office aims at proximity, that is to say getting closer to the Spanish business arena. Recalling that over 1000 companies are currently based in [...]

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Morocco low-risk property market enjoys high demand

An overseas property expert has said that Morocco’s stable economy makes the country an interesting prospect for property investment.
According to Middle Eastern media and technology Group Al Bawaba, international property agent Knight Frank has claimed that Morocco offers a low-risk environment for property investment. The Moroccan property market is benefiting from the fact it managed [...]

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Tourism could boost Moroccan rental market in 2010

Plans by the Moroccan government to boost the country’s tourism industry could have a positive effect on its rental market, reports Reuters.
The North African country’s holiday sector is currently in a very healthy state. The number of arrivals kept growing last year despite the global economic downturn, with an increase of 6 percent. Public works [...]

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Government investment plans boost property sector

Morocco’s emergence as a hot property destination for overseas property investors was massively stunted by its booming economy with masses of growth potential. After an economic growth of 5.6% last year, it is on track for a GDP growth of 5.3% this year, on the back of a bumper harvest, which boosted farm incomes and [...]

Popularity: 15% [?]

Morocco to attract investors from the Spanish region of Catalonia

Moroccan government has plans to attract further investors from the Spanish region of Catalonia, and reinforcing the North African country’s presence in this region, according to official reports.
Mohamed Cheikh Biadillah, The Speaker of House of Advisors in the Moroccan parliament, who met with visiting Mayor of Barcelona, Jordi Hereu, underlined the importance of reinforcing bilateral [...]

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London hosts Conference on Moroccan investment opportunities

The first conference on investment opportunities in Morocco is opened in London with the participation of a large Moroccan Ministerial delegation.
According to MAP news agency reports, The London conference, titled “the annual conference on investment in Morocco 2009: opportunities for growth and progress”, is initiated by the Moroccan embassy in London and the Lord Mayor [...]

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Property in Morocco expected double digit annual growth

Morocco’s emergence as a hot property destination for foreign investors is extremely stunted by the credit crunch but its economy has remained strong with masses of growth potential.
A number of trusted organizations including the African Development Bank and the International Monetary Fund have predicted that the Moroccan economy with growth of over 5% this year. [...]

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