London: The Moroccan financial sector presented at the London Forum City Week 2013
London - The potential of the Moroccan financial sector and its growth prospects were put forward at the International Finance Forum 2013 City Week, which is being held in the City (financial district of the British capital).
Source : https://www.marocafrik.com/english/London-The-Moro...
Speaking in a session dedicated to Africa, the CEO of the Casablanca Stock Exchange, Karim Hajji, gave an overview of the efforts made by Morocco for the development of the financial sector by setting up sophisticated infrastructure able to enhance the attractiveness of Morocco to the investors.
The proven advantages of Morocco enable it to establish itself as a regional hub capable of playing an important role on the African scene, he said, stressing that the Casablanca Stock Exchange has strengthened its position among the largest financial markets in the continent .
Recalling cooperation ties woven by Moroccan stock exchange with the Maghreb and financial markets of central and western Africa, the head dwelt on the achievements of the Moroccan economy which has managed to diversify its fabric.
He cited progress in the areas of tourism, agriculture, housing, manufacturing, the automotive industry and aerospace.
Morocco has managed to strengthen the competitiveness of its economy in favor of large infrastructure projects, including the Tanger-Med port, he said, noting that these efforts have been made in conjunction with the political and democratic reforms initiated by the kingdom.
Said Ibrahimi, CEO of Moroccan Financial Board (promotion agency Casa Finance City), for its part, reviewed the potential of the Moroccan financial center that aspires to fully play the role of regional financial center and to the city Casablanca international commercial center.
It was in this context, focused on the factors that place Casablanca in a good position to serve as a regional hub, including historical relations linking Morocco to the countries in West Africa.
Ibrahimi called for, in this context, the African financial markets to engage in a real integration to strengthen their complementarity, the aim being to increase the attractiveness of these markets, he said.
EThe official highlighed the important partnerships that Casablanca Finance City has established with several global financial centers, recalling in this context the agreement signed in October 2012 with The City UK ( the organisation promoting London's financial center).
This agreement confirms the confidence enjoyed by the Moroccan financial services sector in the London financial community, he said.
The international forum + City + Week 2013, held with the participation of 50 countries, offers the opportunity for participants to discuss the latest developments affecting international financial markets.
This year's edition, held under the theme " the role of international financing incentives for growth in the global economy " provides several sessions on topics as diverse as the future of the euro The European banking union, the agenda of the G-20 to reform the financial services sector and improving ethics in financial practice.
Several workshops on how to develop the financial sector in many emerging countries will also be held at this meeting which will be completed on Wednesday.
Supported by the UK government and key agencies in the financial industry in the City, the City forum Week has established itself since its introduction in 2010 as the largest event of its kind in the world.
The event offers participants the opportunity for networking with international financial as well as members of government and the British parliament.
The proven advantages of Morocco enable it to establish itself as a regional hub capable of playing an important role on the African scene, he said, stressing that the Casablanca Stock Exchange has strengthened its position among the largest financial markets in the continent .
Recalling cooperation ties woven by Moroccan stock exchange with the Maghreb and financial markets of central and western Africa, the head dwelt on the achievements of the Moroccan economy which has managed to diversify its fabric.
He cited progress in the areas of tourism, agriculture, housing, manufacturing, the automotive industry and aerospace.
Morocco has managed to strengthen the competitiveness of its economy in favor of large infrastructure projects, including the Tanger-Med port, he said, noting that these efforts have been made in conjunction with the political and democratic reforms initiated by the kingdom.
Said Ibrahimi, CEO of Moroccan Financial Board (promotion agency Casa Finance City), for its part, reviewed the potential of the Moroccan financial center that aspires to fully play the role of regional financial center and to the city Casablanca international commercial center.
It was in this context, focused on the factors that place Casablanca in a good position to serve as a regional hub, including historical relations linking Morocco to the countries in West Africa.
Ibrahimi called for, in this context, the African financial markets to engage in a real integration to strengthen their complementarity, the aim being to increase the attractiveness of these markets, he said.
EThe official highlighed the important partnerships that Casablanca Finance City has established with several global financial centers, recalling in this context the agreement signed in October 2012 with The City UK ( the organisation promoting London's financial center).
This agreement confirms the confidence enjoyed by the Moroccan financial services sector in the London financial community, he said.
The international forum + City + Week 2013, held with the participation of 50 countries, offers the opportunity for participants to discuss the latest developments affecting international financial markets.
This year's edition, held under the theme " the role of international financing incentives for growth in the global economy " provides several sessions on topics as diverse as the future of the euro The European banking union, the agenda of the G-20 to reform the financial services sector and improving ethics in financial practice.
Several workshops on how to develop the financial sector in many emerging countries will also be held at this meeting which will be completed on Wednesday.
Supported by the UK government and key agencies in the financial industry in the City, the City forum Week has established itself since its introduction in 2010 as the largest event of its kind in the world.
The event offers participants the opportunity for networking with international financial as well as members of government and the British parliament.
Source : https://www.marocafrik.com/english/London-The-Moro...