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Hafid El Fassy is the business Editor & Comumnist . A Financial Engineer from Paris-Jussieu & Dauphine Universities, he started in Project & Trade Finance in 1993 before being a Global Emerging Markets Speculative and ALM Trader .Since 2004, he has provided business development/financing advisory for Moroccan Real Estate, Banking, Trade and Tourism projects to top tier Institutions.

KSA: ICD puts partnership with India’s IL&FS on $1bn Fund on ice

Plans for the creation of a $1 billion Fund for development of mid-sized infrastructure projects in Africa between Saudi-based Islamic Corporation for the Development of the Private Sector (ICD) and India’s Infrastructure Leasing and Financial Services Group (IL&FS) will no longer go ahead, ICD said Sunday citing new developments within the Indian firm. In an […]

King Mohammed VI: Vocational Training, Key to Job Market Success

The youths’ employment and adequate training for jobs in high demand as well as the improvement of socioeconomic situation of young people continue to be among the top priorities of King Mohammed VI. “The important instructions I have given in connection with employment, education, vocational training and military service are meant to benefit citizens, especially […]

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UNSG highlights huge investments in Moroccan Sahara

UN Secretary General Antonio Guterres highlighted, in his latest report to the Security Council on the Moroccan Sahara, the considerable investments injected in infrastructure and economic development projects in the Sahara provinces in Southern Morocco. Guterres said in his report that his Personal Envoy Horst Köhler visited, during his latest tour in the region, many […]

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Morocco, Benin Sign MoU on Urban Development

Morocco and Benin signed, Friday in Rabat, a Memorandum of Understanding (MoU) on land development, urban planning, housing and urban policy. The MoU, signed during a visit to Morocco by Benin’s Minister of Environment and Sustainable Development, Jose Tonato, is meant to promote exchange of expertise in land use planning, urban planning and architecture. The […]

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Morocco: Overhaul of Vocational Training discussed at meeting chaired by the King

Less than two months after he sketched a roadmap to address youths’ unemployment and remedy the shortcomings of the educational system and training programs that leave graduates on the dole while businesses are having difficulty finding the skilled resources they need, King Mohammed VI chaired on Monday a working session dedicated to discussing the overhaul […]

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Morocco Elected to IAEA Board of Governors

Morocco was elected Thursday as member of the Board of Governors of the International Atomic Energy Agency (IAEA), at the 62nd session of the General Conference of the Agency, held in Vienna. Morocco, which has received unanimous support from the African group, will sit on the Board of Governors for a two-year term from 2018 […]

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Morocco & India to boost cooperation in tourism

India and Morocco have agreed to give a new momentum to their cooperation ties in the field of tourism industry with a view to increasing tourist arrivals between the two countries. The agreement was sealed during a visit Moroccan tourism minister Mohamed Sajid paid Monday to New Delhi where he met with his Indian peer […]

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Tunisia needs $2.53 bln in external financing next year

Tunisian government needs around $2.53 billion in external financing in 2019 and plans to issue $1 billion in bonds next month to help cover 2018’s deficit, a senior official told Ruters news agency on Thursday. According to Reuters, the sale will be early October. The North African country hopes to have secured by then approval […]

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Morocco: Tourist Arrivals up 7% by July 2018

Some 7 million tourists visited Morocco in the first seven months of the year, that is 7% rise compared to the same period last year, the tourism ministry said. Arrivals from main tourist emitting markets showed a 14% increase in Italian tourists, while the numbers of German visitors grew by 9%. French and British arrivals […]

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Morocco’s OCP Group to Help Ghana Develop Fertilizer Industry

After launching successful partnership operations with several African countries, Moroccan OCP Group, the world’s largest exporter of phosphates, has been chosen by the Government of Ghana to help it carry out its new Fertilizer Expansion Program (GFEP). A Memorandum of Understanding (MoU) was signed lately by the two sides. The OCP group pledged to work […]

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