Overview

A selection of hotels in Morocco
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JM SUITES HOTEL & SPA 161 Angle Boulevard Rachidi T: (0522) 260 666 www.jmsuiteshotel.com info@jmsuiteshotel.com Rooms: 22 rooms, comprising 4 junior suites, 12 executive suites, 2 master suites, 2 deluxe master suites, 1 ambassador suite and 1 presidential suite. Three non-smoking floors are available. Business & Conference Facilities: Business centre with an executive lounge, secretarial…

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Public and private actors tackle water scarcity in the agriculture sector through policy reform, technology adoption and infrastructure investment
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Global food demand is expected to increase by anywhere between 59% and 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agriculture will keep up with these challenges. In recent years climate-induced water shortages in urban areas have brought water scarcity to the forefront of public debate,…

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Morocco aims to reduce socio-economic inequality
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Morocco has identified the reduction of social inequality as a key political priority, setting in motion a series of related reforms that are expected to gain traction in the coming years. July 2019 marked the 20th anniversary of King Mohammed VI's ascension to the throne. In a commemorative speech, he called for the creation of a commission to reform the country's development model in light…

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Reforms set to help diversify Morocco's economy
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Supported by its favourable geographic location between Africa and Europe, vast array of natural resources and improved business environment, Morocco’s economy has made important strides over the past decade. Investment in export-oriented manufacturing industries is gradually allowing the country to diversify its economic output. In hand with this, years of investment in infrastructure have…

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The question of debt management remains a key concern for emerging countries
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Fiscal policy was at the top of the agenda at the IMF Annual Meeting held in Washington, DC in October 2019, which was attended by ministers of finance, central bank governors and private sector executives from around the world. The event provided an opportunity for member countries to issue statements outlining their opinions on the global economic landscape, which are of considerable interest…

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Morocco's CEOs have their say on local market conditions and economic trends
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After registering an average expansion of 4.4% between 2000 and 2017, GDP growth slowed to 3% in 2018 and an estimated 2.6% in 2019, due to a 4% drop in the value added generated by the agriculture sector. Nevertheless, local business sentiment remains robust, with 78% of respondents to OBG’s fourth Morocco CEO Survey saying they have positive or very positive expectations of business conditions…

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Morocco benefits from strong agriculture sector and global partnerships
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Morocco is often described as the gateway to Africa, an apt description given its proximity to Europe and its geographic location at the north-eastern tip of the continent. At its narrowest, 13 km of the Strait of Gibraltar separates Point Cires in Morocco from Point Marroquí in Spain. The country is neighboured by Algeria to the east and Mauritania to the south. Morocco's population is rapidly…

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Morocco's CEOs have their say on local market conditions and economic trends
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Over the past decade, Morocco has endeavoured to strengthen and diversify its economic foundations, introducing a variety of strategic initiatives such as the Green Morocco Plan and the Industrial Acceleration Plan, and working to improve its business climate. The country ranked 53rd out of 190 countries in the World Bank’s “Doing Business 2020” report, up from 128th in 2010. The bank’s…

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Updated regulatory framework expands scope of mandatory insurance in Morocco
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In recent years Morocco’s insurance sector has consolidated its strong position, with the growing middle class, tax advantages and fierce competition between bancassurers giving a notable dynamism to the life insurance segment. Morocco is the second-largest insurance market in Africa in terms of gross premium, and ranks highly for both insurance density and penetration. Furthermore, regulatory…

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Growing competition in robo-advisory market to lead to further consolidation, innovation and investment
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The use of sophisticated algorithms in wealth management is leading to improved efficiency and transparency in the financial services sector, benefitting both providers and clients. In particular, so-called robo-advisers are disrupting the industry and helping to boost financial inclusion. Primarily concentrated in developed markets such as the US and the UK, the technology is starting to make…