- 30 April 2012
An investment holding firm controlled by Morocco's royal family on Saturday posted a 50 percent rise in its net profit helped mostly by higher earnings from banking, mining, steel and sugar affiliates active mostly in the domestic market.
National Investment Co., or SNI, made a net consolidated profit of 4.3 billion dirhams in 2011 versus 2.9 billion dirhams in 2010 in comparable terms, showed financial statements published in pro-establishment newspaper Le Matin.
- 29 April 2012
Morocco, one of America’s oldest allies, is a highly attractive place for foreign investment. Its excellent location and trade agreements with the EU and countries in Africa and the Middle East, as well as its geostrategic location for easy access and communications, make it a preferred regional business center. In addition, the country’s social and political stability, skilled labor pool, and soaring gross domestic product are assets that any serious investor or business will find very competitive. Morocco has implemented the following laws and incentives for businesses: