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05.08.10
Maroc Telecom's Profit Up 0.5% In 2010 Q1

Maroc Telecom, the leading Moroccan phone and internet company, said its first-quarter profit increased 0.5 percent, boosted by its subsidies.

05.08.10
Morocco, Peru Pledge To Enhance Bilateral Relations

Morocco and Peru pledged to boost their bilateral relations during talks held, on May 5-6, between visiting Moroccan Secretary of State to the Foreign Ministry, Youssef Amrani, and several senior Peruvian officials.

01.25.10
BNP Paribas launches private bank in Morocco, first in Maghreb

BNP Paribas, the Euro zone's biggest bank in terms of deposits, launched on Friday its private bank in Morocco, the first in the Maghreb region, that will serve private clients, business owners and entrepreneurs, French economic daily "La Tribune" reported on Friday.

01.25.10
Morocco among best destinations for British property investors in 2010

Morocco is among the best destinations for British investors in 2010, British company "Property Venture" reported on Monday.

01.14.10
Morocco to invest $ 7.5 billion in low cost housing in 2010-2020

Morocco will invest 60 billion dirhams ($ 7.5 billion) in low cost housing in 2010-2020 as part of efforts aiming to reduce the deficit to 700,000 units by 2015, Housing minister Ahmed Taoufiq Hejira said on Wednesday.

01.14.10
Morocco to invest $ 7.5 billion in low cost housing in 2010-2020

Morocco will invest 60 billion dirhams ($ 7.5 billion) in low cost housing in 2010-2020 as part of efforts aiming to reduce the deficit to 700,000 units by 2015, Housing minister Ahmed Taoufiq Hejira said on Wednesday.

01.14.10
Morocco's economy to grow 4.1% in 2010, HCP

Morocco's economy will grow 4.1% in 2010 compared to 5% in 2009, High Planning Commissioner Ahmed Lahlimi Alami said on Tuesday.

01.13.10
Trade volume among Agadir Agreement members up 45%

Trade volume among the member states of the Agadir Agreement (Morocco, Tunisia, Egypt, and Jordan) has increased by 45%, Executive Director of the Technical Unit of the Agreement said on Tuesday in Rabat.

01.10.10
Moroccan made Logan to be marketed in Tunisia

Tunisian Trade and Handicraft Minister Reda Ben Mesbah said on Friday his country authorised the marketing of the Moroccan made car, Logan.

01.08.10
Dam filling rate over 80% in Morocco

The filling rate of Morocco's dams reached over 81% with a total volume of 12.6 billion cubic meters, Secretary of State for Water and the Environment Abdelkabir Zahoud said on Thursday.

01.08.10
Moroccans consume 2 million tonnes of propane gas per year

Morocco's propane gas consumption is currently around 2 million tonnes per year, Minister of Energy, Mining, Water and Environment Amina Benkhadra said on Wednesday in El Jadida (190km south of Rabat).

01.08.10
Morocco, China trade exchanges reach $ 1.86 bln in Jan-Sept 2009

Trade exchanges between Morocco and China reached 1.86 billion dollars during the first months of 2009, Director General of the Department of West Asia and North Africa at the Chinese Foreign Ministry Song Aiguo told MAP.

01.08.10
Taxi owners get allowance to purchase new vehicles

Taxis owners can benefit from an allowance in case they want to replace their vehicles by new ones, says weekly paper "La Vie Economique."

01.06.10
Abbas Azzouzi, new Managing Director of Medi1Sat TV channel

Abbas Azouzzi was appointed new Managing Director of Medi1Sat TV channel.

01.06.10
Britain renews will to further enhance cooperation with Morocco

The UK government renewed Wednesday its will to further enhance economic and commercial cooperation with Morocco.

01.06.10
Moroccan oil bill down 51% up to November 2009

Morocco's oil bill in the year to November stood at around 14.6 billion dirhams (1.8 billion dollars), that is a drop of 51.1% compared to the same period in 2008, Morocco's Exchange Office reported.

01.06.10
Wheat imports down 41% up to Nov. 2009

The Moroccan wheat imports decreased 41%, reaching 2.1 million tonnes at end-November 2009, compared to 3.57 million tonnes a year earlier, Morocco's Exchange Office said.

01.02.10
Morocco's economy grew 5.6% in 3Q 2009

Morocco's economy achieved a growth rate of 5.6% in the third quarter of 2009, against 5.7% in the same period a year earlier, the High Planning Commissioner (HCP) reported.

01.02.10
Morocco's Manufacturing Production Index Increases 2.1% in November

Morocco's production index of manufacturing industries increased 2.1% in November compared to October, the High Planning Commission said.

12.31.09
Spain's Banco Santander sells 10% stake of Attijariwafa Bank

Spanish group Banco Santander sold 10% of its share in Morocco's lender Attijariwafa Bank to the National Investment Company (SNI).

12.29.09
More passengers passing through Moroccan airports in Jan-Nov 2009

The number of passengers passing through Moroccan airports increased by 4 percent in the first eleven months of 2009 compared with the same period a year earlier, the Tourism Department said.

12.29.09
Morocco's motorway network to reach 1,800 km by 2015

The Moroccan motorway network will span over 1,800 km by 2015 and link all the cities with over 400,000 inhabitants, Transport minister Karim Ghellab said on Monday.

12.28.09
Tourist arrivals up 7% in January-November 2009

The number of tourists visiting Morocco reached 7.7 million visitors, i.e. a 7% increase compared to the same period a year earlier, the Tourism Department said.

12.25.09
Compensation Fund's subsidies in Morocco estimated at around $2 billion in 2009

Morocco's Compensation Fund (Caisse de Compensation) spent an estimated 15.2 billion dirhams ($1.9 billion) in subsidies in 2009, as against 33.5 billion dirhams, that is a decrease of 54.5%, Economic and General Affairs said.

12.23.09
Morocco's exports to EU up 6% yearly -minister

Morocco's exports to the European Union (EU) increased from 59.6 billion dirhams (7.5 billion dollars) in 2000 to 92.2 billion dirhams (11.63 billion dollars) in 2008, with an average annual rise of 6%, said Morocco's foreign trade minister.