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Moroccan city and Hollywood project twinning
Moroccan southern city of Ouarzazate and Hollywood are projecting a twinning act and the creation of a Moroccan-US company of cinema producers, US producer Branko Lustig announced.
Morocco-USA, Economics, 7/3/2004
IFC collaborates with Morocco in implementing best practices of SME's loans
The International finance corporation (IFC) concluded on Wednesday with Moroccan financial institution "Credit Populaire du Maroc" (CPM) an agreement to cooperate in integrating new techniques of rating, management and follow up of loans extended to small and medium sized enterprises.
Morocco, Economics, 7/2/2004
General Electric abide by sanctions against Syria
One American diplomat in Damascus yesterday announced the freezing of a contract signed between the American Technology Group" General Electric" and the general establishment for Railways in Syria because of the economic sanctions imposed recently by the US against this country.
Syria-USA, Economics, 7/1/2004
Premier calls for action plan to fight informal economy
Moroccan Prime minister, Driss Jettou, called Wednesday for the elaboration of an action plan to fight informal economy that would necessarily involve public and private operators.
Morocco, Economics, 7/1/2004
Morocco to invest US$ 10 billion in tourism by 2010
Morocco plans to invest 90 billion DH (US$ 10 billion) in tourism by 2010, including 40 billion (US$ 4.4 billion) in hotel infrastructure to raise accommodation capacity nationwide to 230,000 beds, and in the training of at least 70,000 professionals, said on Monday minister of tourism, handicraft and social economy, Adil Diouri.
Morocco, Economics, 6/30/2004
French CIC purchases 10 percent of Morocco's BMCE Bank
The French Credit Industriel et Commercial (CIC) has purchased 10 percent of the capital of Morocco's BMCE Bank at a value of 794 million Dhs (72 million Euro).
Morocco-France, Business, 6/30/2004
Mobilizing foreign finance resources to refurbish power plants
Funding new power plants and changing electricity supply rates via establishing new generating stations is a main target of the government's strategy to meet Egypt's long-term electricity demands.
Egypt, Economics, 6/29/2004
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