September 19, 2000
Sources at the Casablanca stock exchange have recently revealed that the Arab Reinsurance Group, ARIG, had sold out its 44.3 million dirhams ($4.3 million) worth of stakes in the Morocco Cement Compan
September 18, 2000
Morocco\'s King Mohammed VI arrives in Madrid on his first state visit to Spain since he took power in July last year.
Eight persons, including two fire fighters, were injured and 500 shops were destroyed at a fire that broke out on Saturday morning in Souk Lakiraa, on
The Moroccan government has recently raised the local fuel prices. This hike, according to a report in <I>Al-Hayat</I>, is largely the result of the rising international oil prices.
Morocco's major state-owned banking group, Banque Centrale Populaire (BCP), on Monday announced a program to develop e-commerce.
Morocco's trade deficit rose to $2.51 billion in the first half of 2000, up 36 percent from the $1.84 billion reported for the same period last year. Imports increased by 14 percent to $6.97 billion,
September 17, 2000
Morocco's King Mohammed VI starts his first official visit to Spain on Monday, when he is scheduled to sign several economic accords.
The oil find announced in Morocco last month will provide a tremendous boost to the economy of this North African nation, which imports all its energy, a bank analysis says.
Spanish fishermen have threatened to block Moroccan products crossing Spanish territory to European markets in protest at Morocco's refusal to renew a fisheries agreement with the European Union.
September 16, 2000
The center party, National Rally of Independents (RNI), topped the elections, held Friday in Morocco to renew one third of the Chamber of Councilors,
Meningitis made an appearance at Casablanca, Morocco, killing two 7-year-old children this week, Morocco's official news agency (MAP) reported Saturda
September 15, 2000
A report recently made public by the Moroccan Bureau of Statistics has shown that the rate of unemployment in the country reached 13.2 percent in the second quarter of 2000.
Morocco has decided to postpone until late 2001 the privatization of the national carrier Royal Air Maroc, until after a restructuring program to make the company attractive to investors.
The giant US Mars Group has decided to do away with agents and manage its own brands. through a new branch, Master Food Morocco. "The move is dictated by the growing importance of the Moroccan market,
The Moroccan General Contracting Association has reported that the domestic automobile market had recovered by eight percent during the first half of 2000.