Business Brief: Morocco Reaches for Stronger Trade Ties with Russia; Islamic Financing Legislation Inches Forward; and African Development Bank Ups Support – Jean R. AbiNader

Jean R. AbiNader, MATIC July 19, 2017 Even though it’s summer, Morocco’s leaders are still actively promoting stronger economic relations globally. The African Development Bank extends additional support for industrial growth in the Kingdom; and the Chamber of Deputies authorizes expansion of Islamic financial services. Morocco-Russia ties set to increase. Since King Mohammed VI visited with President Vladimir Putin in March 2016, talks aimed at increasing trade between the two ...

Western Sahara – Resolve? and Resolutions? – Robert M. Holley

Robert M. Holley July 19, 2017 It has been ten years, a decade, since Morocco offered an initiative in the Security Council to provide a generous autonomy to the population of Western Sahara.  Ten years is a long time to wait for action, especially for a problem that already has been around for more than four decades. It has been 15 years, a decade and a half, since the Security ...

Oxford Business Group Makes the Case for Morocco’s Membership in ECOWAS – Jean R. AbiNader

Jean R. AbiNader, MATIC July 12, 2017 Last month, the regional economic cooperation body for West Africa, ECOWAS, approved in principle Morocco’s request for membership. This step opens the door to final approval, pending studies to determine the implications of Morocco’s membership. As noted in a number of stories, Morocco’s entry into ECOWAS can only strengthen the organization. The current 15 member bloc would move from 21st to 16th in ...

Business Brief: Sources See Positive 2017 Growth in Morocco and Renewable Energy Project in the Headlines – Jean R. AbiNader

Morocco continues to receive positive news about its 2017 economic prospects and gains international attention for its renewable energy projects, internet penetration, and regional economic leadership. Jean R. AbiNader, MATIC July 10, 2017 Working Hard to Succeed. The North Africa Post elaborated on a report on Proshare, an African economic intelligence wire, which noted Morocco’s positive outlook for 2017.  Proshare based its prediction of a 4.3% GDP growth on several ...

Moroccan CEOs Bullish on Short Term Growth; Concerned about Access to Credit – Jean R. AbiNader

Jean R. AbiNader, MATIC July 5, 2017 While other countries in the region struggle to compound their annual growth rates, Morocco’s private sector leadership indicates, in a recent poll, that they believe prospects for continued growth are quite strong. It is common in developed countries to routinely poll purchasing managers, C-suite executives, financial officers, human capital recruiters, and others, to take the pulse of what is happening in their particular ...
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