UPAWorld's Weblog

Show 2009 at the Excel Arena London- Morocco Fruit and Vegetable

upaworld — Wed, 14 Oct 2009 13:19:18 +0000

Morocco will be attending the World Fruit and Vegetable Show 2009 at the Excel Arena in London, on October 21st and 22nd.

Morocco is already the second largest producer and exporter of Clementine’s, citrus fruits and French beans.

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Emerging Markets Moroccan Economy

upaworld — Thu, 08 Oct 2009 09:58:06 +0000

Moroccan Economy 2Q growth reaches 5.4%, HCP

Morocco’s second quarter economic growth reached 5.4%, compared to the 6.3% rate registered in the same period last year, said the High Planning Commission (HCP).

The GDP rose by 4.9%.

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Bilateral Cooperation in Rabat-Morocco and the Autonomous Government of Sicily

upaworld — Tue, 06 Oct 2009 10:45:34 +0000

Morocco, Sicily Govt. vow to boost cooperation 2-9-09

2nd October 2009 renewed partnerships aimed at boosting their bilateral cooperation in Rabat – Morocco and the Autonomous Government of Sicily vowed.

Morocco also reaffirmed the kingdom’s commitment to strengthen economic and trade cooperation with the autonomous region of Sicily.

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Marrakech Promotional Campaign-Tourism in Morocco

upaworld — Tue, 29 Sep 2009 08:44:50 +0000

Despite the worldwide crisis, Marrakech is still attracting foreign investors.

September 30th will see the launch of an “original and interactive” public relations campaign to promote the Marrakech destination by the The Moroccan Tourism Office.

This campaign, lasting 3 months will be in collaboration with Marrakech’s Regional Tourism Council, and will be targeted at Morocco’s primary tourist markets, namely France, the United Kingdom, Spain, Germany, Belgium, Holland, Italy and Luxembourg.

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Huge investment potential in an unrivalled destination-Cape Verde

upaworld — Tue, 22 Sep 2009 10:35:33 +0000

Cape Verde has been receiving a lot of publicity in the magazines, newspaper property supplements and other forms of media as being the next big holiday and real estate investment destination.

Cape Verde are the closest tropical islands to Europe; just off the north-western coast of Africa, only {five and a half hours} flight from the UK and just an hour south of the Canary Islands.

The numbers of UK tourists to the Islands increased by an unsurpassed 800% between 2006 and 2007, this sector is now the second largest group of travelers to the islands.

A recent Mintel report evidenced that 60% of all UK tourists now opt for self catering accommodation – with over 30% of those booking their holidays online direct with the owners.

These factors alone display the true potential and demand for quality self catering accommodation and its massive undersupply.

Basing our forecasts for rental returns on current pricing levels on the islands we are able to predict a minimum net rental yield of 8.6% up to a potential 15% net return per annum variable on how the rentals are achieved.

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Morocco and France meeting conference on public finance in time of crisis

upaworld — Thu, 17 Sep 2009 10:03:41 +0000

Public finance in Morocco and France in the time of crisis is the theme of an international conference that will be organized by the Moroccan finance ministry on Sept. 12-13.

The conference titled “Public finance in Morocco and France: challenges and response to the crisis” has been organized in cooperation with FONDAFIP.

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Sex and The City travel to Morocco???

upaworld — Tue, 08 Sep 2009 09:57:14 +0000

The eagerly awaited sequal to the Sex and the City movie is rumoured to include 5 weeks filming in an as yet unconfirmed location in Morocco. Will it be Rabat? Fez? Casablanca, Tetouan??

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Urban Outfitters in Morocco

upaworld — Wed, 26 Aug 2009 10:22:27 +0000

Morocco’s large construction initiatives are continuing as planned, with both public and private projects breaking new ground. This year “2009” will see continuing improvements to major metropolitan areas and infrastructure throughout the kingdom, with a particular focus on new strategies of urbanisation.

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Morocco invests $37.3 million in tourism

upaworld — Mon, 24 Aug 2009 09:57:55 +0000

The Moroccan government has set aside $37.3 million to reduce the impact of global economic crisis on the country’s tourism sector.

Tourism Minister Mohammed Boussaid said Morocco’s tourism, which contributes 9 percent of GDP and creates more than 400,000 direct jobs, is spared from the crisis, but said if the crisis continues, the tourism sector will not survive.

He said tourist arrivals rose by 10 percent in the first four months of 2009, saying the same upward trend, went on during the month of May with 11 percent.

Local reports state the agreement is meant to be a plan of action and a concerted public-private response to the impact of the world crisis on the tourism sector. “It sets out measures aimed at prospecting new markets and maintaining shares in priority ones namely France, Spain, the UK, Italy, Germany and Benelux, and raising tourist arrivals,” MAP has reported.

The Moroccan government has also set up an incentive mechanism to promote residential tourism as well as support mechanisms to enhance investments towards carrying out tourist projects and improving the quality of the tourist.

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Internal investment into Morocco is the key

upaworld — Thu, 20 Aug 2009 09:13:30 +0000

The last few years have seen a major investment into the Moroccan economy which has diversified the dependence upon agriculture and industry by bringing a service-based economy to the mix.

As a result, this has greatly increased the size of the Moroccan economy which is led by an ever-growing tourist industry that continues to go from strength to strength.

Please visit our new development Maha Beach Resort, Tetouan, Cabo Negro.

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