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Latest News - Morocco Property & Real Estate Investment

Morocco's Alliances sees growth on property boom

REUTERS UK - 25 Jun - 10:44 UTC+6

Moroccan property company Alliances Developpement Immobilier, which aims to raise 2 billion dirhams ($271.8 million) in an IPO, is expecting a five-fold jump in net profit in 2010 from last year on a real estate and tourism boom, its chief executive said."Our strategy focuses on strengthening our performance in all segments of our business," Alliances Chief Executive Alami Laraq said late on Tuesday as he outlined his company's development prospect to market analysts and reporters.

Property overseas: Year-round value

Telegraph.co.uk, United Kingdom -Jun 13, 2008

Tangier is one of six Moroccan locations identified by the government to boost visitors from six million annually to 10m by 2011. There will be 600 miles of ...

Morocco to stabilise soaring property prices

magharebia.com -Jun 5, 2008

By Hassan Benmehdi for Magharebia in Casablanca – 05/06/08 As property prices in Morocco skyrocket, Moroccans seeking to buy homes are becoming increasingly ...

Morocco trims 2008 growth forecast to 6.2 pct

REUTERS Africa - 3 Jun - 13:11 UTC

Morocco's economy is likely to grow by 6.2 percent this year, falling short of a previous forecast of 6.8 percent, Finance Minister Salaheddine Mezouar said on Tuesday.
"It still remains quite an achievement considering the circumstances," he told Reuters in an interview on the sidelines of a meeting of the Islamic Development Bank.

Ciments du Maroc sees higher net profit in 2008

REUTERS - 15 Apr - 13:11 UTC-5

Ciments du Maroc and its main competitors Lafarge Ciments LAC.CS and Holcim HOL.CS are investing heavily to meet surging demand for cement in Morocco due to ambitious transport infrastructure and housing projects and a boom in tourism developments.