1. Morocco: An Economic Growth of 4% expected for 2017: "The World Bank forecasts a growth of 4% in 2017 for Morocco, above the predicted average for the MENA region. The World Bank has taken into consideration the expected improvement in agricultural value added to emerge with a growth rate significantly higher than the 1.5% in 2016 ".
2. Cement: More than 14 million tons sold in 2016: Aujourd’hui le Maroc announced in its January 12th issue that that more than 14.5 million tons of cement were consumed in 2016. The daily newspaper explains that this cumulation is slightly lower than the consumption of the previous year with a gap of 0,70%. By drawing up a regional analysis of the Ministry of Housing's latest statistics, Dakhla Oued Eddahab recorded a consumption record in 2016. The sale of cement in this region had a peak of 64M, or nearly 64,000 tonnes sold during the year. The Drâa Tafilalet is also one of the biggest advances. The volume sold during the year amounted to 457,000 tons, nearly 38,000 tons more than in 2015. "
3. Assignment: CDG Capital Private Equity leaves Intelcia: "The investment fund CDG Capital Private Equity announced the sale of all its shares in Intelcia, a Franco-Moroccan company specializing in customer relations. In a press release dated January 10th, the subsidiary of the bank CDG explains that this sale, which allowed it to "realize a multiple of output of 4.6x", was made "for the benefit of the international group Altice, operating in Telecommunications, the content industry and the media. "
4. Hyundai Maroc and BASF set up an eco-friendly paint system: "Since the COP22, many companies in Morocco make the protection of the environment their credo! Hyundai Maroc is not left behind. It has just signed a partnership with R-M, the brand of paints for body repair of the BASF Group, the first supplier in Morocco of hydro-dilutables complying with COV standards. BASF, through its R-M brand, will now offer Hyundai body repair shops, body paint solutions with eco-friendly options. "As a corporate citizen, our social and environmental responsibility applies concretely to the choice of our partners while respecting the environment and the health of human. "Explains Fayçal El Omari, Sales Manager for Hyundai Morocco.
5. Marsa Maroc and LafargeHolcim, the two stars of the rating in 2016: "The demutualization of the Casablanca Stock Exchange, which began to take shape on November 25th, 2015, was officially launched on 5th May, 2016. Since then, the company managing the stock exchange has become a holding company, in preparation for the creation of a group of companies intended to constitute, as it were, the infrastructure of the market, for instance the clearing house. This group, led by the holding company, is expected to support the positioning of Casablanca Finance City (CFC) as a financial hub on the regional scene.
6. The issue of the Sukuks in Morocco is scheduled for the first half of 2017: "The so-called" Islamic "banks finally arrive on the Moroccan market. This week, Bank Al-Maghrib granted five approvals for the creation of participative banks by Moroccan institutions and their international partners. Therefore, It is a new banking industry based on the principles of Sharia, which applies the concept of sharing profits and losses. New banks that will also have to support the growth of the Moroccan economy ".
7. Air France has strong ambitions for Morocco: "Motivated by positive results for the year 2016, Air France is increasing its frequencies to and from Morocco. According to the General Director of Air France-KLM for North Africa, Denis Hasdenteufel, despite a tough international environment, marked by the terrorist attacks in Paris, which had a significant impact on the Tourism sector, Air France Is relatively well out overall ".
8. The Injaz Al-Maghrib programs launched in Agadir: "The programs of Injaz Al-Maghrib for 2016-2017 were launched last Tuesday in Agadir. let's remember that this initiative aims to mobilize the private sector with youth to contribute to the emergence of a new generation of contractors. And this, adapting to the Moroccan context programs "bringing students to create a junior company, mastering the fundamentals of finance or preparing for the challenges of active life," said program CEO Laila Mamou. She said that since the launch of this program in 2007 more than 75,000 young people have been trained with the goal of reaching 100,000 this year, thanks to the contribution of 2,750 volunteer advisers active in 18 settlements Regional training programs in nine training programs ".
Crédit : IMPERIUM MEDIA
