Tuesday 28 June 2016
 
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Morocco

Morocco sells 40pc stake in port operator in IPO

The Moroccan government raised 1.94 billion dirhams ($197 million) by selling a 40 per cent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year, traders said on Monday. Marsa

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Siemens to provide turbines for Morocco's solar project

Siemens, a globally operating technology company, has agreed to provide three steam turbines for the Noor II and III solar power plants in Morocco by the end of 2016, said a report. The Noor Solar Complex in Ouarzazate will be the

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BDP International to open new office in Morocco

US-based BDP International, a global logistics and transportation corporation, plans to open its first office in Morocco this month, said a report. The company’s customers based in Europe and the US consider Morocco a safe h

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Morocco plans to sell 40pc stake in Marsa Maroc

Morocco is planning to sell a 40 per cent stake in state-owned port operator Marsa Maroc via an initial public offering (IPO) on the Casablanca stock exchange, bourse regulator AMMC said on Monday. Marsa Maroc was established in 2

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Morocco-Portugal power link study launched

A technical and economic feasibility study for the electric interconnection with a capacity of 1,000 megawatts between Morocco and Portugal has been launched, a report said. Moroccan energy minister Abdelkader Amara said that the

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Morocco aims for flexible currency system

Morocco is aiming to introduce a flexible currency exchange system in the early part of 2017, its central bank governor said on Sunday. "We are considering the move currently from fixed exchange rate to a flexible exchange ra

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Rotana signs new luxury hotel apartment in Morocco

Rotana, a leading international hotel management company, has signed a new agreement to manage an Arjaan Hotel Apartments by Rotana property in Morocco. The 140-key property will be located at M Avenue, the new high-end shopping,

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Morocco resort unveils offers for Ramadan, Eid

Morocco’s Mazagan Beach & Golf Resort has unveiled its GCC programme for this year’s Ramadan and Eid period. This Ramadan, the resort offers a special package with an authentic Iftar experience and a stay in luxuri

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Mazagan unveils GCC offers for Ramadan and Eid

Mazagan Beach & Golf Resort in Morocco has unveiled its tailored special packages for GCC travellers looking to enjoy this year’s Ramadan and Eid period. This Ramadan, Mazagan Beach & Golf Resort offers a special pac

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Green Valley launches 350-villa Morocco development

Dubai-based Green Valley International Real Estate, a leading real estate company, has announced the launch of an iconic project in Marrakech, Morocco, worth Dh500 million ($136 million) and featuring around 350 villas extending over 410,000 sq

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