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President of Mauritania dedicates Moroccan-Mauritanian cement plant
President Mouaouiya Ould Sid' Ahmed Taya on Thursday dedicated two industrial units in the city of Nouadhibou (northeast) including "Ciments du Nord," a Moroccan-Mauritanian cement plant.
Morocco-Mauritania, Business, 4/26/2003
EU launches risk-capital fund for Mediterranean
Three French financial groups and the European Investment Bank (EIB) launched on Thursday a joint fund dedicated to investments in risk-capital in Mediterranean countries.
Morocco-European Union, Economics, 4/26/2003
French group opens capital to Moroccan investors
French electronics group GESPAC decided to open 20 to 30 per cent of its capital to foreign and Moroccan institutional investors, part of a move to make of the Kingdom a turning plank of electronics industry, said in Casablanca on Thursday the company's CEO, Frantz-Pierre Bridoux.
Morocco-France, Business, 4/26/2003
ADB 110 mln euro loan to Morocco
The African Development Bank (ADB) granted on Friday a 110 million Euro loan to Morocco to support health coverage.
Morocco-Regional, Economics, 4/26/2003
Turkish business delegation to visit Morocco
The visit aims to explore business opportunities with Moroccan economic operators and develop bilateral trade exchanges currently estimated at US 150$ million which is below the two countries potentials
Morocco-Turkey, Economics, 4/26/2003
New sectors will open up to competition, Moroccan premier
The government will prepare other sectors for competition since their liberalization will help Morocco reap dividends, attract further foreign investment and highly improve the quality of services, he went on, adding that public industrial and trade services run by the state or local collectivities will be progressively "transferred to the private sector whenever this will draw profit in terms of investments, job opportunities and quality.."
Morocco, Economics, 4/25/2003
Public-private body needed to promote moroccan investments in Africa
The promotion of Moroccan investments in Africa needs a joint public-private body, recommended participants in a conference held here on Wednesday on the New Partnership for African Development (NEPAD) by the Foreign Affairs and Cooperation ministry.
Morocco-Regional, Economics, 4/25/2003
Morocco's unemployment rate drops by 0.9% in 2002
RABAT, Apr.24 (MAP)- The unemployment rate in Morocco for 2002 is estimated at 11.6%, against 12.5% the previous year, recording a 0.9% drop, the statistics direction said.
Morocco, Economics, 4/25/2003
Morocco - sub-saharan trade reach $440 million
It imports oil products, cotton, wood, coffee and coal. In order to make up for the low level of trade exchanges with sub-Saharan countries, Morocco has adopted recently a set of encouraging legal texts meant to increase partnership ties between Moroccan and African business operators
Morocco-Regional, Economics, 4/24/2003
Moroccan experts work in African countries part of SPFS program (official)
"Moroccan assistance has brought simple and practical technologies that helped improve productivity," said the Moroccan official, adding that as a result of the success of this experience, other African countries are planning to use Moroccan cooperation, particularly Mauritania, Chad, Guinea, Cameroon and Gambia. The Republic of Central Africa and Djibouti have already made an official request for Morocco's assistance, he added.
Regional-Morocco, Economics, 4/24/2003
Arab, African businesswomen hold conference in cairo
A three-day conference of Arab and African businesswomen opened Tuesday in Cairo.
Regional, Economics, 4/24/2003
Cabinet responds to 21 quries raised by exporters on foreign currencies
Egypt's cabinet has replied to 21 enquiries regarding ministerial decree 139/2003, stating that exporters have to sell up to 75 per cent of their foreign currency revenues to the banks.
Egypt, Economics, 4/24/2003
Tourism operators screen means to promote Moroccan tourism in Saudi arabia
Participants in this get-together underscored the weakness in the number of Saudi tourists in Morocco, asserting that the country annually attracts 33,000 Saudi tourists, i.e. 1 per cent out of the 4 million Saudis who travel abroad.
Morocco-Saudi Arabia, Economics, 4/24/2003
GCC to organize 1st industrial fair in morocco
The Gulf Cooperation Council (GCC) will organize its first fair of industrial products on July 21-24 in Casablanca, assistant director of the Kuwaiti Trade and Industry Chamber, Hamad El Omar, announced Tuesday.
Gulf-Morocco, Economics, 4/24/2003
Syria, Argentine sign a memorandum of understanding
Industry Minister Issam al-Zaeem and Chairman of the Argentine Nimra Medicaments Company, Nour Pertu Valdoza, signed in Damascus yesterday a memo of understanding wrapping up meetings on Monday.
Syria-Argentina, Economics, 4/24/2003
Morocco industrial production index posts 2.9% growth in 2002
Morocco, Economics, 4/23/2003
Executive bureau of Arab ministers council of electricity meet in Cairo
The executive bureau of the Arab ministers council of electricity met here Tuesday to examine the agenda of its 5th session, scheduled Wednesday.
Regional, Economics, 4/23/2003
New index system to enhance flow of economic data
Egypt's government is applying an international accounting and economic indexes' system for the first time, which guarantees the flow of accurate information to all national economic sectors, Minister of Planning Osman Mohammed Osman told a conference marking the event, yesterday.
Egypt, Economics, 4/22/2003
Turkish trade delegation to visit Morocco
Morocco-Turkey, Economics, 4/22/2003
UAE, AOAD for boosting agricultural relations
United Arab Emirates-Regional, Economics, 4/22/2003
Moroccan company sells over shares in beverages branch
Moroccan company "Societe Nationale d'Investissement" (SNI) has sold over all of its shares in the alcohol and non-alcohol beverages branch to Belgian group "Castel."
Morocco, Business, 4/22/2003
Economic woes on the war against the Arab states
The war that U.S. leaders claimed would make the world safer may be over, but economic problems at the heart of Middle East instability remain, experts say.
Regional, Economics, 4/21/2003
Oman- Qatar to increase joint investment; new company
The Omani- Qatari joint committee held a meeting on Saturday evening in Muscat, chaired by Suheil Bin Mustaheil Shammas, the minister of housing, electricity and waters in Oman and Abdullah Bin Hamad al-Atiyah the minister of energy and industry in Qatar.
Oman-Qatar, Economics, 4/21/2003
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