Facebook
  • Acceuil
  • Press'
  • The Moroccan Economy in Brief of 10/01/2017: Moroccan Banking Sector Still Resilient

The Moroccan Economy in Brief of 10/01/2017: Moroccan Banking Sector Still Resilient

title..

1. The World Bank's $ 50 million unlocked at the end of January: "Innovative startups can rub their hands. According to an official close to the case, The World Bank Group Board of Directors finally scheduled a meeting on January 31st for approval of the much-awaited $ 50 million loan to the Innov Invest Fund. The green light from the Bretton Woods institution for this funding, which it had promised to the outgoing government since 2015, was expected by mid-September 2016 already. But additional studies were needed on some aspects of the dossier prepared by the Ministry of Economy and Finance, in partnership with the World Bank office in Morocco. "

2. The Moroccan banking sector still resilient: "The Moroccan banking sector has no fear to have this year. It will have to maintain its resilience that has characterized it in recent years braving the crises of the global economy, but also the regional economy. This is what emerges from a study carried out by the Union of Arab Banks (UAB) and whose main lines were unveiled last week by the General Secretariat of the Union, located in Beirut "

3. Rabat meeting of economic advisers to the ambassadors of the Member States: "The 15th meeting of economic advisers to the Embassies of the Member States of the Organization of Islamic Cooperation (OIC) accredited to the Kingdom of Morocco shall be organized on January 19th in Rabat, on the initiative of the Islamic Center for the Development of Trade (ICDT) ".

4. Economic growth expected at 6.7% in 2016: "Economic growth is expected to reach 6.7% in 2016 in China. This is what the Chinese government is planning, according to the Reuters news agency. This figure is in line with the official forecast range, said Deputy Finance Minister Zhou GuangYao. "China recorded an economic growth of 6.7% over one year in the first three quarters of 2016 and Zhou GuangYao is confident in a similar or even higher increase in gross domestic product over the last three months of the year" , Recalls the news agency.

5. Three leaders of the Moroccan plastics industry exhibit in Dubai:  "Today is the 12th edition of the Arabplast-2017 in Dubai. Opened last Sunday, this international meeting of plastics, petrochemical industry and rubber brings together 39 countries, including Morocco. The Moroccan pavilion, arranged for the occasion, covers an area of 144 m².  It has three companies (Ifriquia Plastic, Roto Moulage du Sud and Yomacolor) leaders in the plastics industry from the cities of Casablanca and Tiznit. They are participating in this meeting in order to provide an overview of developments in the field of plasturgy in Morocco, through the presentation of a range of products (decorative objects, plastic articles and dyes).

6. McDonald's sells its business in China: "McDonald's announces that a consortium will resume operations in Mainland China and Hong Kong for up to $ 2.08 billion, which is expected to be completed by the middle of this year. The strategic partnership was formed for a period of 20 years by the Chinese conglomerate CITIC and the private equity company Carlyle Group, alongside the American chain of fast food ".

 

 

Crédit : IMPERIUM MEDIA

Ce site, utilise des cookies afin de vous offrir une bonne expérience de navigation et d’améliorer continuellement nos services. En continuant à naviguer sur ce site, vous acceptez l’utilisation de ces cookies.