Private Forex News

The Moroccan housing market is being showcased to wealthy investors around the world, as various government agencies attempt to highlight the high returns on quality property in the country.The  Moroccan real estate show in Dubai (Morocco Property Expo), held last week, emphasised the swarm of interest the foreign property market is getting from investors. The United Arab Emirates has been included in the shows tour, which hosts developers, estate agents, banks and legal experts all under one roof. It will continue on to Montreal this April and in Frankfurt next June under the patronage of the Ministry of Housing, town planning and urban policy and the Ministry of the Moroccan living abroad.Mr. Hamza Idrissi, exhibition director commented in AME Info that: "The Moroccan Property market is a high return investment option for Moroccans living abroad and for UAE nationals interested more than ever to invest in the Moroccan property market and we believe that the residential property demand will remain strong in the upcoming years."The New York Times recently paid homage to Fez, describing it as Morocco’s ‘cultural and spiritual center’. However, the North African country has not been able to escape the backlash from the European debt crisis, and has also been hit by the ramifications from the Arab spring.For more information on purchasing currency for regular or one-off payments, visit our Personal FX site