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Investment In Morocco
Foreign direct investments in Morocco grew to $2.57 billion in 2007 from $2.4 billion a year earlier to position the country in the fourth rank in Africa among FDI recipients. Although other studies have shown much higher figures. Investment by region Investment from the EU Most of the FDIs injected in Morocco came from the European Union with France, the major economic partner of the north African kingdom, topping the list with investments worth $1.86 billion, followed by Spain ($783mln), the report said. The influx of European countries in Morocco's FDI represents 73.5% of the global amount received in 2007, according to the report which was presented by Souraya Ouali of the Direction of Investments. Investment from the Arab World 19.3% of the investments came from Arab countries, whose share in Morocco's FDI showed a marked rise, as they only represented 9.9% of the entire FDIs in 2006. A number of Arab countries, mainly from the Persian Gulf are involved in large-scale project ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first Moroccan s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
September 11 Attacks
The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commercial airliners scheduled to travel from the Northeastern United States to California. The hijackers crashed the first two planes into the Twin Towers of the World Trade Center in New York City, and the third plane into the Pentagon (the headquarters of the United States military) in Arlington County, Virginia. The fourth plane was intended to hit a federal government building in Washington, D.C., but crashed in a field following a passenger revolt. The attacks killed nearly 3,000 people and instigated the war on terror. The first impact was that of American Airlines Flight 11. It was crashed into the North Tower of the World Trade Center complex in Lower Manhattan at 8:46 a.m. Seventeen minutes later, at 9:03, the World Trade Center’s S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Morocco
The economy of Morocco is considered a relatively liberal economy, governed by the law of supply and demand. Since 1993, Morocco has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the 1st most competitive economy in North Africa, in itAfrican Competitiveness Report 2014–2015 The services sector accounts for just over half of the GDP. The industry sector– consisting of mining, construction and manufacturing – is an additional quarter. The sectors that recorded the highest growth are the tourism, telecoms, and textile sectors. Morocco, however, still depends to an inordinate degree on agriculture, which accounts for around 14% of GDP but employs 40–45% of the Moroccan population. With a semi-arid climate, it is difficult to assure good rainfall and M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Tangier
Tangier's economy is the third biggest of all Moroccan cities , after the economic capital Casablanca and the city of Fez. Tangier is Morocco's second most important industrial center after Casablanca. The industrial sectors are diversified: textile, chemical, mechanical, metallurgical and naval. Currently, the city has four industrial parks of which two have the status of free economic zone (see Tangier Free Zone). The years 2007 and 2008 will be particularly important for the city because of the completion of large construction projects currently being built. These include the Tangier-Mediterranean port ("Tanger-med") and its industrial parks, a 45,000-seat sports stadium, an expanded business district, and a renovated tourist infrastructure. Agriculture in the area of Tangier is tertiary and mainly cereal. The infrastructure of this city of the strait of Gibraltar consists of a port that manages flows of goods and travellers (more than one million travelers per annum) and i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Arab League
The economy of the Arab League is the economy of the member states of the Arab League. The economy is primarily dependent on exports of oil and natural gas; in recent years however, tourism has grown rapidly, becoming the fastest growing sector in the region. The Greater Arab Free Trade Area, founded in 1997, is a pan-Arab free trade area that effectively rendered 95% of all Arab World products free of customs tax. The economic development in the Arab League exhibits a great diversity. There is a significant difference imbalance in the wealth between the rich oil states of the United Arab Emirates, Qatar, Kuwait and Saudi Arabia, and the developing nations within the League, such as Comoros, Mauritania and Djibouti. Free trade agreements GDP and GDP per capita of member states Based on latest figures and estimates, the Arab League has a total GDP of approximately $7.1 trillion at purchasing power parity, or US$2.4 trillion at nominal values. The member state with the hig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Casablanca
Casablanca is a port city on the Atlantic coast of western Morocco. Casablanca is Morocco's biggest city, principal port, and economic capital. The town of Casablanca was founded in 1515. It was an important strategic port during World War II and hosted the Anglo-American Summit in 1943. The city is served by Mohammed V International Airport. Casablanca covers the richest and most sophisticated aspects of Morocco life, style, and architecture. Casablanca boasts one of the most extensive and diverse displays of art deco architecture in the world. Economic overview Casablanca is the leading force in the economic development of Morocco and represents the key economic trading node for the African-European region. Casablanca is the industrial center of Morocco, with more than half of the country's factories, investment and commerce operations. Half of all of Morocco's commercial banking transactions occur in Casablanca. Casablanca's phosphate exporting industry is one of the main glo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Casablanca Stock Exchange
The Casablanca Stock Exchange ( ar, بورصة الدار البيضاء; french: La Bourse de Casablanca) is a stock exchange in Casablanca, Morocco. The Casablanca Stock Exchange (CSE), which achieves one of the best performances in the region of the Middle East and North Africa (MENA), is Africa's third largest stock market after Johannesburg Stock Exchange (South Africa) and Nigerian Stock Exchange in Lagos. It was established in 1929 and currently has 19 members and 81 listed securities with a total market capitalisation of $71.1 billion in 2018. The exchange is relatively modern, having experienced reform in 1993. The CSE installed an Electronic trading platform, and is now organized as two markets: the Central Market and a Block Trade Market, for block trades. In 1997 the CSE opened a central scrip depository, Maroclear. Indexes Originally, CSE had the ''Index de la Bourse des Valeurs de Casablanca'' (IGB) as an index. IGB was replaced in January 2002 by two indexes: MA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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