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Finance & Economy

The boss of Amazon richer than Morocco

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 …

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Rabat hosts Startup Africa Summit 2020

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 …

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OBG: Moroccan economy still generates confidence

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 …

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Air Arabia explodes its profit

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). …

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