Latest in Tag: Morocco Highlight

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Latest in Tag: Morocco

Graft, corruption found in Morocco public sector

By Souhail Karam / Reuters RABAT: An audit court has found evidence of graft, corruption and insider trading in Morocco’s state-owned firms and entities, putting to the test a government promise to end such practices. The Supreme Court of Audit’s latest probe revealed that bourse watchdog CDVM had not properly investigated cases of insider trading involving …


Morocco axes Orascom-led group from solar project

By Souhail Karam / Reuters RABAT: Morocco has excluded a group led by Egypt-based Orascom Construction Industries from the bidding for the first phase of a major solar energy project, l’Economiste newspaper reported on Friday. The newspaper gave no reason for the exclusion and a spokeswoman for Masen, the government agency managing the project, declined …


Morocco tourism steady in 2011 despite economic crisis

By AFP RABAT: The number of tourists visiting Morocco was up by one percent last year, at just over 9.34 million, despite the world economic downturn, tourism official Kamal Bensouda said Thursday. Tourist income was also up, by four percent, at 59 billion dirhams (€5.36 billion, $7.12 billion), he told MAP news agency. The steady …


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