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Business

François Hollande in Morocco: 29 agreements will be signed.

Rabat: The French President François Hollande today Wednesday April 3,begins a state visit to Morocco, on the menu will be a busy schedule. During a state visit of  two days in Casablanca and Rabat, French President Francois Hollande will be received by King Mohammed VI,  in the chair...

Amina Benkhadra: Investments are below the potential of Moroccan oil

Rabat: Morocco holds important sedimentary basins, but investment in their exploration and exploitation, does not follow,lamented, Amina Benkhadra, Executive Director of the National Office of Hydrocarbons and Mines (ONHYM). Giving interview to a French language daily newspaper which appeared...

Sourcing MedZ joins British National Outsourcing Association

Outsourcing company MedZ subsidiary of the Caisse des Dépôts et de Gestion (CDG), was granted the status of a member of the prestigious British Association of Outsourcing (NOA) under an agreement signed on Wednesday in London. The agreement will allow both parties to develop partnership relations...

CSE: Hajji announced several reform projects

There are several projects ongoing reform of the capital market, the CEO of the Casablanca Stock Exchange (CSE) Karim Hajji said on Wednesday in Casablanca. With even more benefits to boost the financial market, the futures will allow institutional investors to provide new tools to better manage,...

75% tax: "Hollande stigmatises businesses," Laurence Parisot

The president of MEDEF, Laurence Parisot, said on Friday that the presidential announcement on the eve of a 75% tax on the salaries of more than a million euros, to be paid by the companies was "strange" and represented "a marker against the companies." Interviewed Friday morning on France Info...

19 per cent fall in net profit in 2012 of SAMIR

Casablanca: Société Anonyme Marocaine Refining Industry (SAMIR) achieved in the fiscal year 2012, net profit of 350 million dirhams (MDH), down 19 percent compared to the year 2011 , announced a statement from the company on Tuesday. This result is attributable to costs associated with delays in...

Fashion Festival April 4-5 in Tunis

The first Fashion Festival will be organised next 4-5 April n Gammarth, at the initiative of the National Union Chamber of Lingerie Manufacturing (CSNFL) and in collaboration with the National Textile Federation (FENATEX). The aim of the event placed under the theme: "The Mediterranean Fashion", is...

Morocco: opens up to Islamic finance

Although GDP growth slowed in 2012 because of reduced demand from Europe and lower-than-average agricultural output due to climatic conditions, Moroccan banks continued their solid growth trend, paving the way for further expansion in 2013. The introduction of the country’s first Islamic bank,...
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