1. The Morocco re-elected Vice-President for Africa of the International Social Security Association: "Morocco was elected for the second consecutive time in the person of Mr. Abdelmoula Abdelmoumni as vice-president in charge of Africa in the Mutuality Technical Commission of the International Social Security Association, ISSA.
2. The Attijariwafa bank flirts with the 20 billion dirhams of Net Banking Income: "Good year 2016 for Attijariwafa bank." At the end of its board of directors, which met yesterday to close the accounts for the past financial year , The group reports a Net Banking Income, NBI, up a 3.6% to 19.7 billion Dirham, a performance that occurs in a market that is still characterized by low credit growth and shrinking Margins of the intermediation in Morocco, "the bank said in a statement." The improvement in GNP stems from the good behavior of commercial activities in the different clusters of the group, namely the Bank in Morocco, specialized finance companies, Insurance and international retail banking, "develops the Attijariwafa bank".
3. Japanese donation of 2.2 million Dirhams to three Moroccan associations: "The Government of Japan has granted financial aid worth MAD 2.274 million to three Moroccan associations working in the fields The promotion and development of women's economic activities, sustainable agriculture and education.The signing ceremony of the Japanese donation contracts took place on Monday in Rabat in the presence of the ambassador of Japan in Morocco , Tsuneo Kurokawa, representatives of the various Moroccan ministerial departments and representatives of the associations concerned.The first project, carried out by the Argana Noumskroud agricultural women's cooperative, concerns the construction of a production and upgrading center for the Argan tree in Ameskroud. He obtained an amount of 759,018 Dirham ".
4. PSA opens for 1.3 billion Euros: "The French group has formalized Monday morning the acquisition of the European subsidiary of General Motors and its sister brand Vauxhall, and the French manufacturer also takes over the financial subsidiary of GM Europe for 900 million Euros. The French group has announced that it has reached an agreement with GM to acquire the company, which will be held on Monday morning by a press release, the acquisition of Opel until then held the American General Motors. Of its European car subsidiary Opel and its sister Brand Vauxhall for 1.3 billion Euros ".
5. The AfDB recommends renegotiating customs duties to stimulate trade: "Despite their growth, trade between Morocco and sub-Saharan Africa remains modest in absolute terms: Sub-Saharan Africa now represents just over a 6% of Moroccan exports and just under 1% of its imports, compared with 5% in 1993. In a new study, the AfDB recommends a renegotiation of tariffs to boost trade. By q way of illustration, halving the tariffs charged by the Economic Community of West African States, ECOWAS, Morocco's main economic partner in Africa, would result in an increase of about a 5% in the Kingdom's exports " .
6. Tanger Med receives its first gas ship: "Unpublished fact: Tanger Med's port received its first 3,773 Cubic Meter of butane on Sunday morning, the 5th of March, the cargo was destined for the company Afriquia Gaz , which has recently installed Liquefied Petroleum Gas, LPG, receiving facilities in the region. "
Crédit : IMPERIUM MEDIA
