Finance & Economy

Amazon boss Jeff Bezos is wealthier than Morocco. With an estimated wealth of $ 125.3 billion, Amazon boss Jeff Bezos is wealthier than Morocco, whose GDP is “only” $ 119 billion. The ten richest men have an overall fortune of $ 858.1 billion, and exceed the GDP of the 85 …

Turkey has recently agreed to review the free trade agreement with Morocco to be mutually beneficial, the Minister of Industry, Trade and Green Economy announced on Monday in Rabat, Moulay Hafid Elalamy. In response to a central question in the House of Representatives on the “balance of free trade agreements”, …

The service provider for airlines and airports, Swissport Executive Aviation is strengthening its position on the Moroccan market. After the opening, in 2018, of a first VIP terminal at Mohammed V airport in Casablanca, the subsidiary of the Swiss group Swissport International AG opens a second private lounge of equivalent …

French Utac Ceram is to build a new vehicle test center in Morocco. Last November, he signed a protocol to create a test center at Oued Zem, the foundation stone of which should be laid soon by King Mohammed VI. The site is expected to be completed in mid-2021. It …

Seven Moroccan women stood out in the latest ranking in the American magazine Forbes, dedicated to businesswomen from the Middle East. This edition targeted women from state-owned companies, private companies, self-made women, heiresses, etc. In its latest edition, the magazine presents a list of seven of the most influential women …

Morocco is on the list of the cheapest countries to live in. This is the latest ranking from the business magazine, CEOWORLD. Morocco ranks 104 out of 132 countries; which makes it one of the cheapest countries to live in. Turkey (102), Algeria (119) and Egypt (121) are all among …

StartUp Africa Summit 2020, the flagship event of the international programs DIAFRIKNVEST and THE NEXT SOCIETY will be held from February 13 to 15 at the National Library of the Kingdom in Rabat. Organized by StartUp Morocco in partnership with ANIMA Investment Network and co-funded by the European Union, the …

Moroccan bosses display their optimism about the economic situation for the next 12 months. This is what emerged from a survey by the Oxford Business Group (OBG). Local business sentiment remains solid, with 78% of respondents to the fourth survey of OBG CEOs in Morocco saying they have “positive or …

Record gains for Air Arabia. The low cost company, which has a hub in Morocco, recorded, for the first time, a profit of UAE 1 billion in 2019, up 80% year-on-year, according to the results released on Sunday, February 9 (excluding accounting treatment for depreciation of Air Arabia in 2018). …

Egypt and Morocco continue to establish themselves as the best destinations for investment in Africa in 2020, when South Africa was relegated to third place, according to a report by the Rand Merchant Bank (RBM), one of the main investment banks in South Africa. Morocco comes second after Egypt on …