1. World Bank: A loan of $350 million approved for Morocco: "On May 16, the World Bank (WB) announced a loan of $350 million to support the widespread reforms in the financial intermediation sector in Morocco. "For the WB, this loan will enable small and medium-sized enterprises (SMEs) the access to new sources of funding, and it will improve the banking supervision framework. It is also intended to promote the development of the capital market by expanding the range of available instruments and by strengthening the protection of Moroccan investors," explain the experts from the World Bank."
2. Closing of the 2nd edition of the community days "AWB EMC Buzz": "On Saturday, May 13, was the closure the 2nd edition of the 2017 community days "AWB EMC BUZZ" organized by the Attijariwafa Bank Foundation with Injaz Al-Maghrib during which 5,000 college students have been introduced to entrepreneurship by nearly 300 employees of the Group. In an atmosphere of sharing, the volunteer advisers of the group Attijariwafa Bank have introduced young college students to entrepreneurship through the Injaz Al-Maghrib program "Entrepreneurship Master Class". It is a workshop to create a greeting card business for the benefit of college students to evolve their vision of the company."
3. Barid Al-Maghrib participates in the exhibition "Face à Picasso": "Barid Al-Maghrib has launched this week, in partnership with the National Museum Foundation, a special emission of 2 postage stamps embodying the pieces "Woman with a Chignon" and "Woman in Chair with Hat" by Pablo Picasso. This special emission is launched in parallel with the exhibition "Face à Picasso" which will be held at the Mohammed VI Museum of Modern and Contemporary Art in Rabat until July 31, 2017. This series of postage stamps has also enriched the national philatelic patrimony devoted to the theme of art since the early 1930s."
4. Second edition of Smart City Africa: Casablanca shows its ambition to become a smart metropolis: "Casablanca ambitions to become a smart and sustainable city model. By organizing the second edition of Smart City Africa Casablanca, placed under the High Patronage of His Majesty the King Mohammed VI, the people in charge of the economic capital of the Kingdom have wanted to highlight this new orientation of the city. With the emphasis that smart and sustainable urban development in time is no longer a luxury, but a necessity, the different stakeholders have stressed the importance of putting the citizen at the heart of the reflection on urban development. Speaking on Wednesday, during the opening session of this event with an African dimension which takes place on May 17 and 18, the President of the Council of the Casablanca-Settat region, Mustapha Bakkoury, affirmed that Casablanca city has all the assets to be one of the biggest cities in the world."
5. Phosphate Industry: The OCP's turnover jumped by 10% in the first quarter: ""The OCP Group expects a sustained demand, driven by solid agricultural fundamentals and lower input prices for the rest of the year," said in a statement Mostafa Terrab, the CEO of the world's leading fertilizer company, on the occasion of the announcement of its first quarter results. "The market conditions will remain in the coming months dictated by the offer," said the CEO of the group that had realized a turnover of 11.4 billion Dirhams, an increase of 10% year-on-year. This progress was made possible thanks to the increase in volumes of fertilizers and rock marketed which more than offset the decline in prices across all product lines."
Crédit : IMPERIUM MEDIA
