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  • The Moroccan Economy in Brief of 28/02/2017: The 5th Moroccan Participation in the Mobile World Congress in Barcelona

The Moroccan Economy in Brief of 28/02/2017: The 5th Moroccan Participation in the Mobile World Congress in Barcelona

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1. M2M: the first operator of the technology sector that has opted for the CFC status: "The company it chairs has obtained the status of Casablanca Finance City, CFC. M2M Group announces that by joining this leading economic and financial hub, M2M Group is as a result the first operator of the technology sector to join the pan-African platform CFC, at the end of the year. Alongside nearly 80 multinationals and 30 Moroccan banking and economic operators that have opted for this status. "


2. Morocco's 5th participation in the Mobile World Congress in Barcelona: "Morocco will participate in the Mobile World Congress, which will take place from the 27th of February to the 2nd of March 2017 in Barcelona, announces Monday Morocco Export which organizes this 5th participation of the kingdom at this event with more than 2,200 exhibitors and 101,000 visitors from 204 countries in the last edition, Mobile World Congress is confirmed as the world's largest event for the promotion of the world of mobile telephony. It will be marked by the presence of experts and opinion-makers that have traditionally participated in the show, giving them the opportunity to discuss new trends and inventions in the mobile An audience of professionals and enthusiasts of new technologies, stresses the same source."


3. Morocco is negotiating a 50 million Dollar loan with the World Bank: "The World Bank is studying a 50 million Dollar loan to the Ministry of Youth and Sports in order to cofinance an overall cost of 65 million Dollar aimed at improving young people's access to economic opportunities, particularly those from disadvantaged backgrounds. At the Washington headquarters, The World Bank administrators have a new record on the table loan for Morocco according to our sources, this loan is worth 50 million Dollar to co-finance a project with a total cost of 65 million Dollar to improve access for young people to opportunities particularly those from disadvantaged backgrounds, and their active participation in community life. "


4. Brazil: "Morocco's return to the AU will reinforce dialogue and cooperation among African countries": "The return of Morocco to the AU is likely to reinforce dialogue and cooperation among The Brazilian Ministry of Foreign Affairs. While congratulating the Kingdom for its return to this continental organization, the Brazilian government is convinced that "Morocco's participation in the AU will contribute to the reinforcing of dialogue and cooperation between the community of African countries, "said the Brazilian Foreign Ministry, Mr. José Serra.


5. Maroc Telecom's incomes are still rising in Maroc Telecom's incomes : "Maroc Telecom reported a stable net profit for the year of 2016 at 5.59 billion Dirhams, at around 2.30 pm, at the head of volumes on the Casablanca Stock Exchange and (+ a 0.08%), excluding restructuring costs related to the voluntary redundancy plan, net income would have increased by a 3.2%, under the effect of the growing contribution of African subsidiaries ".


6. Orange launches the 7th edition of the Social Contractor Award: "Orange is due to announce the 7th edition of the Social Contractor Award in Africa and the Middle East in Casablanca in the 7th of March. The operator wishes to contribute to the socio-economic development of the country and to support the technological innovation by accompanying the young talents.that contest is intended to encourage start-ups putting innovation at the service of the development of the countries.

 

 

 

Crédit : IMPERIUM MEDIA

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