Zenagui Says Morocco Tourism Revenue Growth to More Than Double

November 17, 2009

Dramatic finale for Africa.

If it was drama you wanted, African World Cup qualifying was the place to be this weekend. Nigeria and Cameroon became the latest teams through to the finals - joining Ghana, Ivory Coast and hosts South Africa - but in very different circumstances.

November 16, 2009

BORDEAUX WAIT ON CHAMAKH.

Bordeaux president Jean-Louis Triaud admits he remains in the dark about whether Marouane Chamakh will sign a new contract.

November 15, 2009

HM the King inaugurates craft training center.

King Mohammed VI inaugurated, here Saturday, a craft training center, marking the launch of the 12th national campaign for solidarity that runs from November 15 through November 25.

November 15, 2009

Authenticity and Modernity Party strongly denounces comments of Aminatou Haidar.

Rabat - Secretary General of the Authenticity and Modernity Party Mohamed Cheikh Biadillah strongly denounced, on Sunday, the statements of Aminatou Haidar, describing her "provocative act" as "treason against the Nation."

November 15, 2009

IMF: Morocco's growth remains solid despite global recession.

Economic growth in the North African state of Morocco remains solid even in the face the global economic downturn, the international Monetary Fund (IMF) has disclosed. In 2009 Morocco is expected to register an almost equal real GDP growth with what it achieved in the preceding fiscal year.

November 14, 2009

Cameroon Qualifies for World Cup.

FES, Morocco, Nov 14 (Reuters) - Cameroon completed a fine recovery after a stuttering start to their World Cup qualifying campaign to reach the finals in South Africa with a 2-0 away win over Morocco on Saturday.

November 15, 2009

Marrakech Festival a boon for local cinema.

The Marrakech Film Festival, to begin its ninth edition on December 4, has been a boon not just for the fledgling Moroccan/African cinema industry, offering an effective platform for their directors, but also for the city’s tourism. Funded entirely by the country’s ruling monarchy with Prince Moulay Rachid (King’s brother) presiding over the nine-day run (though the management is with a French public relations firm, Le Public Systeme.), the Festival pumps excitement into the city’s innumerable hotels and wayside eateries.

November 15, 2009

Six Senses Spa to open at The Baglioni Marrakech, Morocco by 2011.

Morocco’s first Six Senses Spa is scheduled to open by late 2011. The spa having an area of 1,500 sq mt will be a centrepiece of The Baglioni Marrakech — a boutique five-star hotel set within 34-acre parkland resort and residential development.

30 October 2010

Football-CAF Cup: FUS of Morocco beats Al-Ittihad of Libya.

Fath Union Sport (FUS) of Morocco on Friday beat Al-Itti had of Libya 2-1 at 11 June Stadium of Tripoli in the first leg of the semi-finals for the Confederation Cup.

prev next

Thursday 28 October 2010

Zenagui Says Morocco Tourism Revenue Growth to More Than Double

Posted on 17:45 by google

Oct. 28 (Bloomberg) -- Moroccan Tourism Minister Yassir Zenagui said growth in tourism revenue, a major contributor to the North African state’s economy, is expected to more than double this year.

Almost 10 million tourists may visit, with revenue growth accelerating to 14 percent from 6 percent last year, Zenagui said in an interview recorded yesterday in Marrakesh by Bloomberg Television. Revenue should reach 56 billion dirhams ($6.9 billion) this year, according to the Tourism Ministry.

The global economic crisis “at its peak slowed down a little the growth, but the sector and the economy is back and more tourists are coming to the country,” Zenagui said. “It proves that is a resilient and robust sector.”

Tourism in Morocco represents almost 10 percent of gross domestic product. Morocco’s economy is expected to expand 4 percent in 2010, according to the central bank. The government is forecasting economic growth of 5 percent next year.

businessweek