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SpotlightMOROCCO

Tanger Offshore and CFC come under fire from Brussels

Hardly have the agriculture and fishing free trade agreements been negotiated than a new dispute has sprung up between Morocco and the European Union (EU). According to our sources, Brussels is putting Morocco under increasing pressure to make substantial modifications [...] (680 words)

Published on 16/05/2019 at 03:30 GMT Reading time 3 minutes

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Finance Business

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MOROCCO
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Airbus
Akwa
Al Mada
Attijariwafa
Aziz Akhannouch
BMCE
BNP Paribas Regional Investment Co
Bombardier
Casablanca Finance City
Dominique Strauss-Kahn
European Union
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IMF
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Frustrated Abidjan hires lobbying giant APCO to boost its credit rating at OECD

Considering that its OECD credit risk rating is unjustified and penalises the country on capital markets, Ivory Coast has hired APCO to try to get it improved.

MOROCCO Business 16/08/2021

Raymond Farhat & co to steer Moroccan industrialists' African ambitions

Founded by three former Saham executives, the holding company owned by industry and trade minister Moulay Hafid Elalamy, Emerge Invest has opened a new branch to facilitate exports to Africa.

MOROCCO Business 21/07/2021

After royal ire, Aziz Akhannouch puts his Taghazout villas back on the market

Two days after hotel group Accor announced it was inaugurating its Fairmount Taghazout Bay hotel on 9 July, the hotel's owner, agriculture minister Aziz Akhannouch set about reorganising his hotel and property plans in southern Morocco.

MOROCCO Business 14/07/2021

Agrovision rides Morocco's 'green gold' avocado boom

US agricultural group Agrovision Corp is extending its activities from Peru to Morocco. This producer of fruit and vegetables - particularly avocados - created a subsidiary, AGV Morocco, on 7 June to distribute, sell and export its products.

SEYCHELLES Finance Business 03/05/2021

Chrystold Chetty, chairman of the Seychelles Revenue Commission, has his work set out for him

Chrystold Chetty, reappointed as chairman of the Seychelles Revenue Commission (SRC) in April, and SRC Commissioner Veronique Herminie are under pressure from the OECD, the European Union and the Financial Action Task Force (FATF).

Seychelles Revenue Commission Chairman, Chrystold Chetty.

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Victoria strives to please EU and OECD over tax transparency

Wavel Ramkalawan's government plans to shortly amend legislation covering foreign companies, foundations and trusts to meet the tax policy demands of its foreign partners.

MOROCCO Business Diplomacy 01/02/2021

Diplomacy and business fuel FMVA's Western Saharan classic car rally

Led by chairman Khalid Kabbaj, Morocco's FMVA vintage car association has just staged its first rally in the "Moroccan Sahara" with the declared aim of backing up Morocco's claim to sovereignty over the disputed territory.

Le rallye Sahara Classic relie Dakhla à Guerguerat.

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Wealth manager Atman Haloui guides Luxembourg's first steps in Morocco

The Luxembourg Trade & Investment Office has just opened a branch in Casablanca. Its director, Atman Haloui, is already familiar with Luxembourg's financial sector. He is a partner in a financial services company there.

The director of the Luxembourg Trade & Investment Office in Casablanca, Atman Haloui.

MOROCCO Business 03/07/2020

Sotcob, Mohammed VI's favourite designer of African mosques

A specialist in traditional Moroccan interiors, Sotcob is taking care of the interior design of the mosque that Morocco has bestowed on Abidjan. The firm has been involved in creating several other Moroccan mosques abroad.

An example of Sotcob's work: Mohammed VI Mosque in Saint-Etienne (France).

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Mustapha Bakkoury joins Casablanca Finance City board

The head of Morocco's sustainable energy agency Masen and president of the Casablanca-Settat regional council, Mustapha Bakkoury, was appointed a board member of the CFC on 21 June.

EUROPEAN UNION MAURITIUS Finance Business 26/06/2020

Mauritius turns to heavyweight law firm to handle EU allegations

The government of Mauritius has hired the French law firm Bredin Prat to fight its blacklisting by the European Union.

MOROCCO Business 18/06/2020

Moroccan-Kuwaiti Al Ajial Holding closes its CMKD Croissance fund

The Moroccan-Kuwaiti Al Ajial Holding turns the page on its investment activity. It closed its CMKD Croissance fund on 10 June.

MAURITIUS Finance Business 16/06/2020

Private investors shun Mauritius after EU money-laundering red flag

The European Union's shock move to blacklist Mauritius for money-laundering and terrorist financing has sent investors scurrying for other markets, spreading alarm across the island's financial sector. But if private funds are running scared, European public agencies, major clients of the offshore centre, seem less distressed by the Commission's judgment.

DRC Politics 19/05/2020

Dominique Strauss-Kahn fails to land DRC's IMF consultancy contract

Despite making strenuous efforts, Parnasse, the consulting company of former French IMF director Dominique Strauss-Kahn, failed to win the consulting contract it was chasing in DRC. It was beaten to it by Baker McKenzie, where Strauss-Kahn's successor at the IMF, Christine Lagarde, used to work.

MOROCCO Business 26/03/2020

Senhaji's arrival at Casa stock exchange augurs ill for Tawfiki

The replacement on March 19 of Casablanca stock exchange director Karim Hajji by Tarik Senhaji does not augur well for [...]

MOROCCO Politics 19/03/2020

Benchaâboun heads coronavirus fund

Finance minister Mohamed Benchaâboun is to take charge of the special fund for management of the coronavirus pandemic (Covid-19) response [...]

MOROCCO Business 05/03/2020

Ali Fassi-Fihri revives Gabon's LafargeHolcim project

Ali Fassi-Fihri, the chairman of LafargeHolcim Maroc (LHMA), a joint [...]

MOROCCO Politics 27/02/2020

IMF's Georgieva blows hot and cold

International Monetary Fund (IMF) director general Kristalina Georgieva's visit to Morocco from February 17 to 20 gave finance minister Mohamed [...]

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EU to rule on 18 February regarding tax advantages contained in Morocco's 2020 budget

At their next meeting on 18 February in Brussels, the finance ministers of the European Union are due to accept that changes to the tax system contained in Morocco's 2020 budget will in certain cases not come into effect immediately.

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OCP think-tank prepares post-Brexit era

The Office Chérifien des Phosphates' (OCP) think-tank, the Policy Center [...]

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Offshore tax reforms prompt tussle with EU

Brussels takes Rabat to task for failing to make new finance law measures retroactive.

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Chevron and Akwa set up new lubricants joint venture Beltomar

Holding company Akwa, owned by agriculture minister Aziz Akhannouch, and [...]

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Emmanuel Macron to finally visit Rabat in 2020?

The visit to Morocco planned by Emmanuel Macron, which was [...]

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China's CCCC and CRCC ready to race for high-speed rail contract

The future Marrakesh-Agadir high-speed rail line contract (MC 1364) is going to be fiercely fought over by two Chinese groups. [...]

MOROCCO Diplomacy 17/10/2019

Michèle Alliot-Marie pleads for French Commonwealth

Former French interior minister Michèle Alliot-Marie is currently in Morocco [...]

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Akhannouch has taken a stake in Institut Amadeus

The foreign affairs think-tank Institut Amadeus, which is headed by [...]

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SICPA-De La Rue battle embarrasses Benchaaboun

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Optima Mines consultants to help with 3TGs traceability

Uganda is often accused of harbouring illegal exporters of tantalum, [...]

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Mohammed VI re-reviews Morocco Green Plan

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MOROCCO Business 06/06/2019

SGTM looks to expand in Africa as it struggles at home

Civil engineering giant SGTM (Societe Generale des Travaux du Maroc) is looking to extend its presence on the African continent. [...]

MOROCCO Business 30/05/2019

The ONCF asks LMPS Consulting to review its cybersecurity

National rail operator ONCF, which was the target of IT [...]

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Debt: IMF, Lazard freres and DSK wary of Beijing's progress with Trafigura

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Mohammed VI keeps his ambassadors waiting…again

Ambassadors waiting for an audience with Mohammed VI to receive [...]

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Trader Willy Etoka keener on Morocco than ever

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Airbus
Akwa
Al Mada
Attijariwafa
Aziz Akhannouch
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BNP Paribas Regional Investment Co
Bombardier
Casablanca Finance City
Dominique Strauss-Kahn
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IMF
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Mastercard Africa
Mohamed Benchaaboun
Mohammed VI
OECD
Olam North Africa
Onomo
Orange Middle East and Africa Management
Palmeraie
Parnasse International
Peugeot
Pierre Moscovici
Renault
Safran
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Societe Generale
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This article may be accessed by subscribers and e-wallet holders (USD 19.50)

2 options offered to continue reading

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Set up email notifications for these topics

Frustrated Abidjan hires lobbying giant APCO to boost its credit rating at OECD

Raymond Farhat & co to steer Moroccan industrialists' African ambitions

After royal ire, Aziz Akhannouch puts his Taghazout villas back on the market

Agrovision rides Morocco's 'green gold' avocado boom

Chrystold Chetty, chairman of the Seychelles Revenue Commission, has his work set out for him

Victoria strives to please EU and OECD over tax transparency

Diplomacy and business fuel FMVA's Western Saharan classic car rally

Wealth manager Atman Haloui guides Luxembourg's first steps in Morocco

Sotcob, Mohammed VI's favourite designer of African mosques

Mustapha Bakkoury joins Casablanca Finance City board

Mauritius turns to heavyweight law firm to handle EU allegations

Moroccan-Kuwaiti Al Ajial Holding closes its CMKD Croissance fund

Private investors shun Mauritius after EU money-laundering red flag

Dominique Strauss-Kahn fails to land DRC's IMF consultancy contract

Senhaji's arrival at Casa stock exchange augurs ill for Tawfiki

Benchaâboun heads coronavirus fund

Ali Fassi-Fihri revives Gabon's LafargeHolcim project

IMF's Georgieva blows hot and cold

EU to rule on 18 February regarding tax advantages contained in Morocco's 2020 budget

OCP think-tank prepares post-Brexit era

Offshore tax reforms prompt tussle with EU

Chevron and Akwa set up new lubricants joint venture Beltomar

Emmanuel Macron to finally visit Rabat in 2020?

China's CCCC and CRCC ready to race for high-speed rail contract

Michèle Alliot-Marie pleads for French Commonwealth

Akhannouch has taken a stake in Institut Amadeus

SICPA-De La Rue battle embarrasses Benchaaboun

Optima Mines consultants to help with 3TGs traceability

Mohammed VI re-reviews Morocco Green Plan

SGTM looks to expand in Africa as it struggles at home

The ONCF asks LMPS Consulting to review its cybersecurity

Debt: IMF, Lazard freres and DSK wary of Beijing's progress with Trafigura

Mohammed VI keeps his ambassadors waiting…again

Trader Willy Etoka keener on Morocco than ever

Mohamed VI takes center stage in Africa

Palace bails out Casa Finance City

National AI commission hopes to lean on new coalition to counter China

Gosun's automated surveillance wins Beijing's vote of confidence

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