Moroccan Porperty News: The World Bank plans to double loans to Morocco to $2.4 billion by 2013 to support the country’s efforts to continue its remarkable growth, Moroccan government and bank officials said on Tuesday. “The World Bank will increase its loans to Morocco to $600 million per year for the 2010-2013 period from $300 million annually in the previous years as a signal of the credibility of its development programme and reforms,” Economic Affairs Minister Nizar Baraka said. Morocco has averaged 5 percent economic growth annually over the past five years.
Posts Tagged ‘Moroccan Property’
Moroccan Porperty News: World Bank To Double Loans To Morocco
Friday, February 19th, 2010Jenson Button Buys Palatial Holiday Home In Marrakech
Friday, November 20th, 2009Morocco Property In Marrakech: News. Jenson Button has bought a holiday home in Marrakech, Morocco paying more than 5 million GBP for the pleasure. The Formula One world champion is “clearly in the mood to celebrate being the new Formula One champion,” writes The Sunday Times. (more…)
IMF Gives Moroccan Property Market A Vote Of Confidence
Friday, November 20th, 2009Moroccan Property News. An International Monetary Fund (IMF) mission led by Mark Lewis visited Rabat from November 2-13. At the conclusion of the visit, the mission issued a statement praising economic performance. The full statement is the following: (more…)
Moroccan Mediterrania Saidia Property Launch
Wednesday, September 16th, 2009
Property In Morocco, Mediterrania Saidia For Sale. The King of Morocco, Mohammed VI recently inaugurated the prestigious Mediterrania Saidia community, the most exclusive new coastal development in Morocco, and the ‘Cote d’Azur’ of this region with 5 star facilities front line to the best beaches in Morocco.
The event launched the 2nd part of the enormous marina with capacity to host 1350 boats, El Palmeral golf course, an 18 hole championship course to be managed by Troon Golf, the Medina Saidia, a 40-hectare shopping area built just like the traditional Moroccan medina in Marrakech and two beach front hotels: the Barcelo and the Iberostar. (more…)
Morocco Property News: Saidia World Hotels Announcement
Tuesday, August 25th, 2009Le Jardin de Fleur has now signed an agreement with WORLDHOTELS for the management of its Village de Golf Moroccan property community in Mediterrania Saidia. (more…)