The future of Moroccan tourism-Boom time in Morocco

Increased tourism, increased flight routes brings Boom time in Morocco.

The future of Moroccan tourism looks set to exceed expectations.

This year has seen an increase in the tourist numbers for Morocco as European visitors take advantage of a range of new flights into the country.

Morocco offers a wonderful climate, long sunny days, a rich and colourful culture and a wonderfully diverse gastronomical delights.

Let us show you what everybody else is talking about…

Name(required)

Email(required)

Website

Message

Submit

Δ

Enterprise News – Morocco Expats encouraged to Invest in their Country

MREs encouraged to invest in Morocco.

A new Moroccan-European program, dubbed “FACE Maroc”, aiming to encourage Moroccans residing abroad (MRE) to invest in their country of origin, was launched late last week in Casablanca.

To find more about this article please contact us:

Name(required)

Email(required)

Website

Message

Submit

Δ

Moroccan industry growing in confidence-Economic situation

Moroccan industrialists are gaining confidence as the economy continues to grow.

A recent survey aimed at assessing the situation in the manufacturing industry, energy, mining, and construction and public works sectors, revealed that most industrialists are reporting an improvement in business.

To find out more about this article please contact us:

Name(required)

Email(required)

Website

Message

Submit

Δ

The fast-growing sector in Morocco-Telecoms sector

Oxford Business Group, underlined in its latest report released on Friday the landscape changes in Morocco, in particular – the telecoms sector.

“Landscape changes are afoot in Morocco’s fast-growing telecoms sector,” the London-based OBG said, citing the example of increasing the shares of local companies in Meditel, second mobile phone operator in the north African country.

Meditel, which started in 2000, is Morocco’s first private operator, holding 36.69% of the market, the company had registered a 17% growth in client base (to 7.4m) over the first three quarters of 2008.

Maroc Telecom (MT), Meditel’s biggest competitor, holds 60.71% of the market.

Meditel and MT operated a duopoly until 2008, when the state regulator Agence Nationale de Réglementation des Télécommunications waved in Wana, which holds a tiny share (2.6%) of the voice market, this new player has captured a majority of the 3G market (69.11%).

To find out more this article please contact us:

Name(required)

Email(required)

Website

Message

Submit

Δ

UK deeply appreciates Morocco’s long history of religious tolerance and diversity

The ambassador of the United Kingdom and Northern Ireland to Morocco, Timothy Colin Morris, said that the United Kingdom “has very deep respect” for Morocco’s “long history of religious tolerance and diversity,” highlighting “the enormous contribution of British Muslims in our country.”

In an interview published Monday by the Moroccan Daily [Le Matin du Sahara et du Maghreb], Timothy Colin Morris said “the Moroccan community in the United Kingdom makes a very important contribution to the British economy.”

To find out more about this article please contact us:

Name(required)

Email(required)

Website

Message

Submit

Δ

Tourism in Morocco

Tourist numbers up by 8% in 2009,

About 5 million tourists visited Morocco in the year to July 2009, registering an increase of 8% compared to the same period last year, (figures provided by the Morocco Tourism Ministry).

As per the norm, French tourists come first with 1.94 million (+8%), followed by neighbors Spain with 1.11 million (+14 %) and Belgium with 291,000 (+16 %).

Tourists from Holland came in the fourth position as they reached 273,000, followed by those from Germany (259,000), Britain (209,000) and Italy (186,000).

To find out more about this article please contact us:

Name(required)

Email(required)

Website

Message

Submit

Δ

Destination in Africa-Morocco 3rd best FDI

Morocco is now ranked as the third best destination for foreign direct investment (FDI) in the African continent for the 2009-2010 fiscal year closeley behind South Africa and Egypt.

The report, titled “African Countries of the Future 2009-2010”, was developed by a panel of independent experts, ranking 59 African countries according to the results from the above criteria.

The FDI Intelligence is a specialist division from the Financial Times Ltd that provides products, services and business tools that allow companies and economic development organizations to make informed decisions regarding foreign direct investment.

Let us show you what everybody else is talking about…

Name(required)

Email(required)

Website

Message

Submit

Δ

Morocco expects economic growth in 2009

Morocco has announced an economic growth forecast of 5.3 percent in 2009 and another 2.4 percent for 2010, though saying the figures would also depend on the results of the agricultural season in 2009.

According to a release issued in Rabat by the High Commissariat for Planning (ACP), which cited non-farm activities in 2009 the economy will experience an increase of 2.3 percent, the lowest in the last decade.

To find out more about this article please contact us:

Name(required)

Email(required)

Website

Message

Submit

Δ

Is Morocco immune to the worldwide slowdown?

While it would be foolish to suggest that any country is immune from the worldwide slowdown, official figures from Morocco suggest that the country is still in the middle of a substantial growth period which will see the economy grow by in excess of 6% this year.

However, there is still a great dependence on overseas property investors and overseas visitors which will at some point catch-up with the ongoing developments in the country.

Let us show you what everybody else is talking about…

Name(required)

Email(required)

Website

Message

Submit

Δ

ELS an independent overseas lawyer carries out thorough due diligence for all Imperial Real Estate Group projects

Imperial Legal Services ensures that an independent overseas lawyer carries out thorough due diligence for all Imperial Real Estate Group projects. Comprehensive legal checks are vital to guarantee clients’ peace of mind and to ensuring that a project meets all legal requirements.

Under the auspices of Imperial Legal Services, an independent legal firm in partnership with Imperial Group, will carry out thorough due diligence on the numerous legalities that need to be investigated to ensure there are no unforeseen problems with the property investment abroad. All documents within the sales process and purchase of your investment are regularly checked to ensure that all of the correct information is in place to move forward with your purchase.

Our recommended lawyers ELS are a leading international Law firm, which, for over a decade, has based its integrity on its proven independence as a team of professionals, and on the wide range and quality of its services. ELS are an international law firm established by both Spanish and UK lawyers. The firm has offices in Malaga, London and Lisbon, and an extended network of offices and associates that can also offer legal advice and/or contact in Northern Europe and Africa.

ELS provides a 24/7 service and clients range from private individuals to large corporations, handling diverse requirements and concerns, in particular when dealing with not only European, but International issues. ELS are regulated by the Law Society of England and Wales, and the Spanish equivalent, the Colegio de Abogados de Malaga.

To find out more about this article please contact us:

Name(required)

Email(required)

Website

Message

Submit

Δ