There are many signs that Morocco is on the path to becoming a financial and economic crossroad between Africa and the rest of the world. First, the EU has granted the country “advanced status”, which is intended to help progressively integrate Morocco into the EU’s internal market, and, second, Casablanca Finance City (CFC) was established in...
For several months, the use of local development companies (LDCs) seems to be the solution to all the evils inherent in the implementation of public projects. The city of Casablanca alone created seven of them between 2008 and 2014, with varying degrees of success and reservation, voiced mainly by locally elected representatives. However,...
New rules are set to be implemented to secure infrastructure; open investments in health care assets and in hospitality assets; ease real estate transactions and financing; and rebalance sales. Investors can look forward to many new developments in the Moroccan real estate legal framework in 2014 and 2015.
LANGUAGE: While classical Arabic is Morocco’s official language, the most commonly spoken is the local dialect, Darija. French is also spoken in business, government circles, schools and universities.
View contact details and general information for some of the leading hotels and resorts in Morocco
HYATT REGENCY Place des Nations-Unies T: (0522) 431 234 F: (0522) 431 334 www.casablanca.regency.hyatt.com sales.casablanca@hyatt.com Rooms: 255 rooms and suites, including 223 deluxe king and twin rooms, 11 junior suites, 19 executive and three royal...
Thanks to lower oil prices and improving conditions in its major export markets, Morocco’s trade deficit in 2014 shrank by 6.2% over the previous year and looks set to perform even better in 2015. Levels of foreign direct investment, especially from France, have grown substantially in recent years, boosted by investor incentives and good infrastructure, though they could be higher still if...
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