1. The CGC: 21 billion Dirhams of loans mobilized in 2016: "The CGC, which draws up its annual balance sheet of activity, has a firm commitment to the benefit of VSMC and individuals, says Aujourd’hui le Maroc in its 23rd of February edition. For example, in 2016, The mobilized loans thanks to its intervention jumped 23% to 21 billion Dirhams, in favor of 7,290 VSMC and more than 22,800 individuals. In the case of companies, the CGC's activity continued its upward trend, totaling at the end of 2016 a volume of guaranteed and granted credits amounting to more than 16 billion Dirhams, an increase of a 40%. The loan guarantee for companies continued significantly to grow, with annual growth of a 41% in 2016, with a guaranteed loan volume of 14.4 billion Dirhams. The volume of guarantees granted has for its part set at 7.7 billion Dirhams ".
2. Event: The Big 5 Construct North Africa in April: "The building, one of the most dynamic and strategic Moroccan sectors, employing one million people, will soon receive a powerful impetus.From the 25th to the 27th of April, at the Exhibition of the Exchange Office, Moroccan construction professionals will be able to learn about the main trends influencing the industry and discover the latest solutions for the environment built at the event The Big 5 known worldwide that finally opens in Casablanca ".
3. Saudi direct investment has significantly increased in recent years: "Saudi Arabian direct investment in Morocco has considerably increased in recent years from 1.5 billion Dirham in 2011 to 2.3 billion Dirham in 2015, said Latifa Echihabi, General Secretary of the Ministry of Industry, Trade, Investment and Digital Economy, in Rabat on Tuesday. The investments cover several areas, (92 pc), industry (3 pc), holding (3 pc), tourism (0.6 pc) and trade (0.6 pc), said Echihabi at the opening of the Forum. Moroccan-Saudi business organized by the Chamber of Commerce, Industry and Services of the Rabat-Salé-Kénitra region, in partnership with the Moroccan-Saudi Business Council ".
4. The Experts dissect the issues and the challenges of Morocco's return to the AU: "The meeting was a chance to discuss the triumphant return of Morocco to its continental institutional family, which was perceived as a major political event on the continental plane, is the fruit of a diplomatic offensive on the anglophone slope of Africa, reflecting a systemic dynamics of the Kingdom, which locally acts in Africa and globally thinks, underlined Mr. Abderrahim Hafidi, National Institute of Oriental Languages and Civilizations, NIOLC, in Paris, which was the guest of the MAP Forum, alongside professors Mohamed Benhamou and Mustapha Sehimi".
5. The sugar industry in the spotlight in Marrakech: "Nearly 400 national and international actors operating in the sugar sector and coming from some fifty countries from all over the world met in Marrakech on Wednesday for the second edition of the International Sugar Conference, organized under the slogan "An Integrated and Competitive African Sugar Sector: Dream or Reality?". This two days meeting, initiated by the Sugar Professional Association, SPA, in partnership with the International Sugar Organization, ISO, is focused on themes as diverse as the stakes of the Moroccan and African sugar industry, the prospects of the world sugar market, and the diversification and sustainability of agricultural and agri-food sectors".
6. Forminf of a parliamentary friendship group Morocco-China: "El Malki, in talks with the Chinese Ambassador in Rabat, Sun Shuzhong, expressed the House 's willingness to implement the joint action of this group, together with his counterpart in the" National People's Congress of China, as soon as possible, according to a press release from the House of Representatives. The Speaker of the House of Representatives stressed the importance of parliamentary diplomacy in consolidating relations between the two countries in the various fields, while welcoming, in this regard, the excellent relations between Morocco and China in the political, economic and cultural spheres, which have been given new impetus since His Majesty the King Mohammed VI visited China last year".
7. Corporate and investment banking boosts the BCP's performance in 2016: "The BCP group posted a good performance in 2016. Despite a context characterized by a contraction in intermediation margins, the group's Net Banking Income increased by a 2% to 15.655 billion Dirham. According to the Group's explanations, this growth was mainly supported by Corporate and the Investment Banking (+ 8%) and the International Banking (+ 6%). The group also consolidated its position as the leading collector of national savings with a market share of a 27%. Thus, the additional realized particularly on the market of private individuals amounts to 13.4 billion Dirham and weighs almost a 40% of the effort of the banking sector.
Crédit : IMPERIUM MEDIA
