Morocco

September 19, 2000

03:00 GMT

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

03:00 GMT

Morocco\'s King Mohammed VI arrives in Madrid on his first state visit to Spain since he took power in July last year.

03:00 GMT

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

03:00 GMT

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.

03:00 GMT

Morocco's major state-owned banking group, Banque Centrale Populaire (BCP), on Monday announced a program to develop e-commerce.

03:00 GMT

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

03:00 GMT

Morocco's King Mohammed VI starts his first official visit to Spain on Monday, when he is scheduled to sign several economic accords.

03:00 GMT

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.

03:00 GMT

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

03:00 GMT

The center party, National Rally of Independents (RNI), topped the elections, held Friday in Morocco to renew one third of the Chamber of Councilors,

03:00 GMT

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

03:00 GMT

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.

03:00 GMT

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.

03:00 GMT

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,

03:00 GMT

The Moroccan General Contracting Association has reported that the domestic automobile market had recovered by eight percent during the first half of 2000.