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    FINANCE & ECONOMY

    June 22, 2017

    ADB: USD 88 Million Loan for Water Irrigation in Morocco

    The African Development Bank (ADB) has granted Morocco a loan of USD 88 million to finance the second phase of the Support Project for the National Program for Water and Irrigation Economics (PAPNEEI2).

    This loan,"...

    June 22, 2017

    2,100 New Trash Containers to Clean Up Casablanca

    In order to improve waste collection in Casablanca, 2,100 trash containers will be distributed across the city by early July.

    Overseen by waste management company Averda in agreement with the Municipality of"...

    June 22, 2017

    Morocco’s Economic Growth to Reach 4.4% in 2017, Unemployment Rate to Exceed 10%

    Morocco’s economic growth is expected to reach 4.4 percent in 2017, while unemployment rates is expected to rise to more than 10 percent, according to Bank Al-Maghrib (BAM) forecasts.

    In 2017, the Moroccan"...

    June 22, 2017

    Innovative Moroccan Designer Wins Two World Architecture Awards in Paris

    Moroccan architect Lotfi Sidirahal has won two world awards of Prix Versailles in the category of Hotels and Restaurants.

    Sidirahal won Prix Versailles for his design of Anantara Jabal Akhdar Resort in Oman, and"...

    June 22, 2017

    500,000 Apply for Citizenship in Utopian ‘Space Nation’ Asgardia

    Since Russian scientist Igor Ashurbeyli announced plans to launch the first outer-space nation last year, more than 500,000 requests have been submitted to “join” the nation by storing personal data in a satellite.

    The"...

    June 22, 2017

    Jews distribute Ramadan meals for poor families in Morocco

    Jewish associations have begun distributing break fast meals to disadvantaged families living in Morocco for a second consecutive year.

    The distribution of iftars organised by the International Fellowship of Christians"...

    June 22, 2017

    Morocco to host key hospitality summit

    Hotel, retail and real estate investors will gather in Morocco this October to discuss investment and development opportunities in the African continent at the 2017 Hotelier Summit North Africa.

    Hosted by leading"...

    June 22, 2017

    Morocco moves toward a flexible exchange rate

    Morocco will begin the process of moving toward a flexible exchange rate system gradually in the second half of this year, the governor of the country’s central bank said Tuesday.

    The North African country"...

    June 22, 2017

    Gulfsands confirms expiry of Morocco licence

    Oil and gas company Gulfsands Petroleum updated the market on its Moulay Bouchta Petroleum Agreement, which is held by its subsidiary Gulfsands Petroleum Morocco, on Wednesday.
    The AIM-traded firm said that, as it had previously reported on 15 February, it received an extension of"...

    June 22, 2017

    AudioCodes Signs EMEA Distribution Agreement with Nuvias

    (ME NewsWire)-- AudioCodes, the Voice and Unified Communications Networking Solutions vendor, has signed a pan-EMEA distribution agreement with fast-growing, high-value distribution business Nuvias, following the recent launch of Nuvias’ Unified Communications (UC) Practice across EMEA. Nuvias is now able to offer complete end-to-end solutions and technical support for Skype for Business and BroadSoft Business UC environments, based on AudioCodes’ Session Border Controllers (SBCs) and handsets. As part of the agreement, Nuvias has also been appointed as master distributor for AudioCodes’ range of Skype for Business and SIP......

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