Morocco

August 27, 2000

03:00 GMT

A recent decision by the Moroccan government to cut income tax imposed on textiles and ready-to-wear clothing companies has been received with much criticism by the local labor unions.

August 26, 2000

03:00 GMT

Oil and gas discoveries in southeastern Morocco fueled an 8.5 percent increase in the Casablanca Stock Exchange index for the week.

August 24, 2000

03:00 GMT

The Moroccan authorities have recently reported that 27 million tons of cargo were shipped via the local seaports during June, 2000. This figure represents a 2.4 percent increase compared with June,

03:00 GMT

The Moroccan seaports authority has recently announced that the total output of fish reached 55,156 last June, valued at MD 284.6 million. Morocco is one of the most important fish producing countries

August 23, 2000

03:00 GMT

The latest addition to the Morocco’s new economy trend is Maroc Telecommerce Ltd., a start up established in May with an initial investment of 20 million Moroccan Dirhams, and the idea of developing e

August 21, 2000

03:00 GMT

Morocco's King Mohammed VI says that a large field of oil and gas had been discovered near the country's eastern border.

03:00 GMT

Large oil and gas deposits have been found in the southeastern Talsint region near the Algerian border, Moroccan King Mohammed VI announced late Sunday.

August 20, 2000

03:00 GMT

The Moroccan Economic Center has earmarked the country’s tourism industry as the business sector with the most promising growth potential for the coming decade.

August 19, 2000

03:00 GMT

New statistics by Morocco's planning ministry show that at least 19 percent of Moroccans live below poverty line.

August 16, 2000

03:00 GMT

Morocco has refused to allow three of its athletes to join the French team for the September Olympic Games in Sydney.

August 15, 2000

03:00 GMT

With a PER (profit earning ratio) of 14.3 times, CTM is considered today as one of the most interesting values on the Moroccan stock exchange, in spite of its weak liquidity ratio compared to those of

August 10, 2000

03:00 GMT

The Moroccan Telecom Control Authority calls on tenders to submit proposals for the 1999 financial audit of the state-owned Maroc Telecom. This is a further step towards privatization of the country’s

August 9, 2000

03:00 GMT

The net assets managed by mutual funds are still tumbling down.

August 7, 2000

03:00 GMT

The CSE has continued on its downward trend over the week ended August 1. The General Index registered a yearly performance of -10.24 percent (697.49 points), with a trading volume worth DH 253.4 mill

August 5, 2000

03:00 GMT

Morocco's King says developing nations have the right to their own kind of democracy, introduced at their own pace.