Sunday 26 May 2013
 
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Morocco

Morocco plans 4G mobile licence tenders

Morocco plans to launch tenders for 4G mobile phone licences by the end of the year, the Telecommunications Regulatory National Agency (ANRT) said in a statement carried by state news agency MAP.

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Moroccan tourism revenue up 6pc in Jan

Revenue from the tourism industry in Morocco crossed 4.37 billion Moroccan dirhams ($506 million) this January, an increase of 5.9 per cent over the corresponding period last year, statistics showed. Analysts attribute this growth

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Morocco eyes $4bn loan from AfDB in 2013-16

Morocco expects to win $1 billion in loans per year from the African Development Bank (AfDB) over the next four years as the country looks to make full use of the bank's funds, the Moroccan Finance minister Nizar Baraka said.

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Ritz-Carlton plans big Morocco resort

Luxury hospitality giant Ritz-Carlton Hotel Company has announced plans to launch the brand's latest property at Marrakech r

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Etisalat to make binding offer for $6bn Maroc stake

Etisalat will make a binding offer on Wednesday to buy Vivendi's 53 per cent stake in Morocco's Maroc Telecom, a deal in which the UAE telecom firm is expected to face stiff competition from its regional rival in Qatar. Fr

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Morocco agrees $2.4bn loan deal with IDB

Morocco expects to sign a $2.4 billion loan deal next month with the Saudi-based Islamic Development Bank (IDB), a Moroccan official told Reuters on Tuesday. The North African country has agreed a package with the IDB under which

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Morocco bids to build auto industry for the region

At a factory in Casablanca this month, executives and officials gathered at a launch ceremony for a new car model. It was a small but significant step, Moroccan officials hope, in the country's emergence as an auto producer for the region.

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Etisalat draws strong bank demand for Maroc Tel bid

Abu Dhabi telecom group Etisalat is set to sign an $8 billion loan facility next week with as many as 16 banks to help fund its Maroc Telecom stake bid, bankers said. The availability of credit highlights demand for high-quality G

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Samuel Creations to design Morocco hotel

Samuel Creations Dubai said it has won a contract to design the Hyatt Place Golf Hotel, a trendy resort in Morocco's top surfing spot Taghazout Bay (Agadir).   Established in Switzerland in 1976, Samuel Creations is a pri

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Morocco gears up for Gulf investment forum

The third Gulf-Moroccan Investment Forum will be held from May 6 to 8 at the Movenpick Hotel in Tangier, Morocco, said a report. The theme of 'Gulf Invest' this year is 'Strategic partnership for building future econom

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