Thursday 24 April 2014
 
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Morocco

Al Maabar delivers 60pc of Morocco homes project

Abu Dhabi-based real estate developer Al Maabar said that 60 per cent of the residential units of phase one at its Moroccan Bab Al Bahr project have been delivered to its new owners, with tenants already moving in. The Bab Al Bahr

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Abraaj buys into Moroccan chocolate firm

The Abraaj Group, a leading investor operating in global growth markets, has announced the acquisition through one of its funds of a stake in Kool Food, a leading Moroccan chocolate confectionery manufacturer based in Casablanca.

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Abraaj buys into Moroccan chocolate firm

The Abraaj Group, a leading investor operating in global growth markets, has announced the acquisition through one of its funds of a stake in Kool Food, a leading Moroccan chocolate confectionery manufacturer based in Casablanca.

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Gulf states plan $737m investment in Morocco

Gulf states will invest Dh6 billion ($737 million) in tourism infrastructure in the port of Casablanca in the first of a series of such projects, a statement from Morocco's royal cabinet said. The states will use their Wessal

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Gulf states plan $737m investment in Morocco

Gulf states will invest Dh6 billion ($737 million) in tourism infrastructure in the port of Casablanca in the first of a series of such projects, a statement from Morocco's royal cabinet said. The states will use their Wessal

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Etihad plans recruitment drive in Morocco

UAE national airline Etihad Airways is set to launch its cabin crew recruitment drive in Morocco next week. Talented hospitality professionals based in Morocco now have the opportunity to take their career high into the sky, by jo

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Morocco refiner Samir gets $240m IDB loan

Morocco's oil refiner Samir has received an Islamic murabaha syndicated loan of $240 million from the Islamic Development Bank (IDB) to finance crude oil imports, it said. The agreement is part of a $720 million package of loa

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Major Moroccan banks plan Islamic units

Two of Morocco's biggest banks, BMCE and BCP are preparing to launch Islamic subsidiaries as the Moroccan parliament discusses a bill regulating Islamic banks and sukuk issues, banking sources said. Parliament's approval w

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IDB, KIA units to invest in Morocco

Units of the Islamic Development Bank , a multilateral lender, and sovereign wealth fund Kuwait Investment Authority (KIA) have signed an agreement to invest jointly in Morocco's private sector. The partnership between the Jed

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Morocco moves ahead with $1.7bn wind farms

Morocco has opened a final tender for construction of five wind farms totalling 850 megawatts, worth an estimated $1.7 billion, for which five consortia have been pre-qualified, state-run power utility Onee said. Groups led by Spa

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