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The Report: Morocco 2015: Construction & Real Estate
OBG
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After a slowdown in recent years, Morocco’s construction industry saw a return to growth in 2014 and continues to be driven by strong demand for housing, public spending on infrastructure and investor incentives from the Ministry of Housing and Urban Policy – though constraints on credit access are restricting the volume of new developments. A unified construction code designed to raise standards,…
Chapter

The Report: Morocco 2015: Industry & Mining
OBG
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Signs of recovery have lately emerged in Morocco’s industrial sector, which has been affected by a slowdown in trade in recent years – growth in value-added processing (excluding oil and refining) rose from 0.8% in 2013 to 1.8% in 2014. While subsectors like aeronautics and automotive have made big strides over the past decade, others like textiles and pharmaceuticals have lagged behind, spurring…
Chapter

The Report: Morocco 2015: Insurance
OBG
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The second-largest in Africa and 53rd-largest in the world by total premiums, Morocco’s insurance market is dominated by the non-life segment, and in particular by compulsory automobile insurance. Plans to make other forms of insurance mandatory are in the works but have yet to be implemented. Market share is concentrated in the hands of a small number of mostly local firms, although foreign insurance…
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The Report: Morocco 2015: Capital Markets
OBG
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After several years of decline due to liquidity shortages, a high current account deficit and reduced export demand from Europe, Morocco’s bourse is growing again, with its market capitalisation rising significantly in 2014 and early 2015. Trading is concentrated in a small number of companies and investors – the 10-most-traded shares made up three-quarters of transactions in 2014, carried out…
Chapter

The Report: Morocco 2015: Banking
OBG
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One of the most-developed in Africa, Morocco’s banking sector is home to some of the continent’s largest banks, several of which have become major regional players and continue to expand their African footprint. Penetration is rising rapidly as product offerings continue to evolve, most notably through a banking law passed in early 2015 that has set the stage for fully sharia-compliant banks. As…
Chapter

The Report: Morocco 2015: Economy
OBG
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With steady GDP growth and consistently low inflation, Morocco’s economic performance has both diversified and strengthened in recent years on the back of growth in the secondary and tertiary sectors, as the government has been channelling capital into productive industries such as manufacturing, finance and telecoms. As an energy importer, the kingdom is benefitting from lower international oil…
Chapter

The Report: Morocco 2015: Country Profile
OBG
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Situated on the western tip of North Africa, Morocco – also known by its ancient name Al Maghreb, meaning “the West” in Arabic – contains a mix of indigenous Berber, Arab, African and European influences. Most of its 33m people live near the northern plains and cities along the Atlantic coast and speak Arabic, French or one of the varieties of Berber. As the region’s only monarchy, the kingdom…
Event

The CEED Annual Conference

After a very successful first edition in 2014, it is our pleasure to announce to you that we are holding in Casablanca a second edition of the CEED Annual Conference on September 15th, 16th. The CEED annual conference is a major networking event that brings together the members of CEED Morocco. It aims at building collaboration relationships , facilitating BtoB meetings and introducing our entrepreneurs…
Event

Port Finance International

Port Finance International Casablanca, Morocco is taking place on 16 & 17 September 2015 at Sofitel Casablanca Tour Blanche. Held under the Auspices of Morocco’s Ministry of Equipment, Transport and Logistics, with a Keynote Address from H.E. Mr Aziz Rabbah, Minister of Equipment, Transport and Logistics, this 2nd Port Finance International Casablanca conference will once again gather industry…
Economic News

L'industrie automobile marocaine passe à la vitesse supérieure

In English PSA Peugeot Citroën a annoncé en juin dernier son intention d'ouvrir une nouvelle usine automobile à Kénitra, insufflant ainsi un nouvel élan à l'industrie marocaine et renforçant la position du pays en tant que plaque tournante de la fabrication automobile. Nécessitant un investissement de 557 millions d’euros, les travaux de construction de l’usine devraient débuter en…