Swiss Company Invests $80m in Moroccan Bio-Agriculture [Maghreb Arab Press]

Morocco is the recipient of another big FDI project, this time involving Swiss firm Eléphant Vert: “Eléphant Vert”, leading Swiss bio-fertilizer company, gained a foothold in Morocco where it is in the process of setting up three production units in Meknes, Agadir and Berkane for an amount of 65 million euros. This project, which will provide 500 jobs by 2017, seeks to make the country a hub to export three-quarters ...

W Hotels Worldwide to Enter Morocco with W Marrakesh [Herald Online]

Morocco will be the next location for the newest branch of the famous “W” hotel: Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that it will launch the W brand in Marrakesh in 2017 with the opening of W Marrakesh. Owned by Morocco-based Menatlas 14 S.A., the 148-room hotel will be located in the city’s dynamic Hivernage district. “We are proud to partner with Menatlas 14 S. A. ...

Moroccan Ports to Receive US$8bn to Improve Infrastructure [African Review]

Morocco continues to promote trade by improving infrastructure, leading a major push to expand capacity at two major ports: The Moroccan Transport Ministry has revealed that the country’s Tanger-Med and Casablanca ports are likely to receive investment worth US$8bn to improve their infrastructure Moroccan port authorities are encouraging public-private partnerships to increase investments in the country’s ports. (Image source: Mhobl/Flickr) Aziz Rabbah, minister of equipment, transport and logistics, said that ...

Frontier Markets Like Morocco Show Higher Growth Rates

A new report by research firm Aite highlights Morocco as a top frontier market. As Banking Technology reports: Frontier markets are countries like Saudi Arabia, Morocco, Ukraine, Bulgaria, Argentina, Colombia, Pakistan, Sri Lanka, Vietnam, Iraq, Iran and Kazakhstan. As a group, they show higher growth rates than developed or emerging markets. In its report, Emerging World: exploring the new frontier, Aite notes that these markets are becoming increasingly attractive to ...

On the run! Tom Cruise and co-star Simon Pegg film dramatic car scene in Morocco for Mission: Impossible 5 [The Daily Mail]

Rabat was the backdrop for a chase scene filmed for the upcoming Mission: Impossible movie: He’s famed for doing his own stunts in Hollywood blockbusters. And on Thursday, movie legend Tom Cruise certainly looked like a pro as he continued filming scenes for Mission: Impossible 5 in Rabat, Morocco. The 52-year-old actor – who was joined by his co-star Simon Pegg – took a moment to flash his pearly whites ...
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