On the 21st of March, the European Commission pledged to integrate Saharan waters in the next fisheries agreement with Morocco. A decision that goes hand in hand with the EU companies’ will.
JLL believes that Morocco’s new exchange rate regime is to strengthen the real estate sector. For the American company, the new reform is expected to make Moroccan property cheaper for investors.
King Mohammed VI dismissed on Tuesday four ministers from El Othmani's cabinet. The royal decision came after the Sovereign voiced his discontent with the slow pace of development projects, which fall within the framework of his «Lighthouse of the Mediterranean» initiative, inaugurated in October 2015. Abdelilah Benkirane, on the other hand emerged unscathed.
To prevent the occurrence of another scenario similar to the Hirak movement in the Rif region, El Othmani’s government is set to visit a number of regions in order to evaluate the implementation of developmental projects. Béni-Mellal and the three regions of the Sahara will be the first parts to benefit from this operation.
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