Lahcen Mokena

Lahcen Mokena
Business Morocco: Budget's Deficit Reaches 6.9% in June

Morocco: Budget's Deficit Reaches 6.9% in June

Morocco’s budget deficit rose to MAD21.8 billion (USD2.3 billion) in the first six months of 2019, increasing from 6.7 percent compared to last year, due to…

Lahcen Mokena (Asilah)
Business Morocco: High Planning Commissioner Calls for Exploiting Inflation to Encourage Growth

Morocco: High Planning Commissioner Calls for Exploiting Inflation to Encourage Growth

High Planning Commissioner Ahmed Lahlimi Alami noted that the majority of emerging economies are witnessing an inflation rate of more than seven percent, while…

Lahcen Mokena (Asilah)
Business Morocco Inaugurates Extension to Africa's Already Biggest Port

Morocco Inaugurates Extension to Africa's Already Biggest Port

Moroccan King Mohammed VI on Friday, June 28, will oversee the inaugural of the Tanger Med 2 extension at the country’s top cargo port. The expansion is…

Lahcen Mokena (Casablanca)
World Summit of the Two Shores Endorses 272 Development Projects

Summit of the Two Shores Endorses 272 Development Projects

The Summit of the Two Shores, which kicked off Monday in France’s southern port city of Marseille, has endorsed 272 Mediterranean development projects…

Lahcen Mokena (Casablanca)
Business Casablanca’s CFC Debunks Tax Haven Rumors

Casablanca’s CFC Debunks Tax Haven Rumors

Head of Morocco’s Casablanca Finance City (CFC) Said Ibrahimi has said that the number of firms that have acquired CFC status rose to 185 with three new…

Lahcen Mokena (Casablanca)
Business Morocco’s Internal Debt Touches $59 Bln

Morocco’s Internal Debt Touches $59 Bln

Data released by Morocco’s General Treasury revealed that the Kingdom’s internal debt, after experiencing a 2.2 percent hike since the start of 2019, stood at…

Lahcen Mokena (Casablanca)
Business Easter Holiday Revives Tourism Sector in Marrakesh

Easter Holiday Revives Tourism Sector in Marrakesh

The percentage of reserved hotels in the Moroccan city of Marrakesh reached 83 percent during April, compared to 76 percent for the same month in 2018,…

Lahcen Mokena (Casabalanca)
Business Moroccan Banks Invest $1.84 Billion in Africa in 10 Years

Moroccan Banks Invest $1.84 Billion in Africa in 10 Years

Moroccan bank investments have exceeded MAD17.5 billion (USD1.84 billion) in 25 African states between 2007-2017, according to a report issued by the Ministry…

Lahcen Mokena (Casablanca)