Economy

As in previous years, hotels, restaurants, cafes, nightclubs or caterers in Lozère (South of France), half of which operate seasonally, are still struggling to recruit foreign workers, particularly from Morocco.
"There are still 120 to 150 seasonal workers missing in the department...", Denis Carminati, former owner of the Moulin inn in Sainte-Énimie and Lozère president of the Union of Hotel Industry Trades and Industries (UMIH), told La Dépêche. This labor shortage has intensified (…)

Many British tourists have abandoned Spain to spend their holidays in Morocco due to protests against mass tourism accused of being the cause of the housing crisis.
British tourists are no longer welcome in Spain. During the Easter holidays, the Spanish anti-tourism brigade brought out their "TOURISTS NOT WELCOME" banners again. Last weekend, 150,000 angry protesters flooded the streets of Madrid to protest against the housing crisis in Spain, which many blame on their once-cherished (…)

Since April 1st, the price of coffee has risen sharply, sparking outrage from the National Federation of Café and Restaurant Owners in Morocco.
The price of a kilo of coffee has gone from 120 dirhams to 150 dirhams, the one sold at 160 dirhams has gone up to 200 dirhams, and the most expensive, initially sold at 200 dirhams, now costs 250 dirhams, an abrupt increase of 25%. "The companies have met and agreed on a 25% increase on their products," denounces Ahmed Boufekrane, national (…)

In terms of hotel development on the African continent, Egypt is far ahead of Morocco and Tunisia. This is the finding of a consulting firm’s ranking.
The Lagos-based consulting firm W Hospitality Group has released its report titled "African Hotel Chain Development Pipeline" based on responses from 50 global and regional (African) hotel chains. It shows that 577 hotels and hotel complexes, totaling 104,444 rooms, are under development, an increase of 13.3% compared to 2024. Similarly, (…)

After expanding its activities in Egypt, a major British banking group intends to establish itself in Morocco as part of an expansion plan in Africa.
While it has been disinvesting on the African continent, Standard Chartered has recently made a surprising decision. The British bank is considering setting up in Morocco. "Just as we have expanded our presence in Egypt with a full-fledged bank, we are looking at one or two other countries," said Chris Egberink, CEO and head of banking and (…)

Although it had threatened to leave the Marne runways on March 31, the Irish low-cost airline Ryanair continues to operate flights between Marrakech and Vatry. But nothing indicates that it is completely giving up the idea of leaving.
Travelers returning from Morocco testify. "In our misfortune, we were lucky," says Jennifer Jacquet to Le Parisien. In fact, we went through all this stress for nothing, everyone panicked but the flights are still assured. We showed up, without really (…)

While Moroccan exports to the United States will be subject to a 10% tariff - a relative leniency - as part of a new trade policy unilaterally decided by the Trump administration, those of the European Union and China will face a much heavier tariff hike, respectively 20% and up to 34%. An opportunity for Morocco?
In 2004, Morocco signed a free trade agreement with the United States. An advantage for the country that could benefit from the duties imposed on the EU and Asian powers. (…)

No Moroccan city - or even African city - is among the top 50 richest cities in the world in 2025. However, a Moroccan city is among those that will have the most centi-millionaires over the next decade.
With 384,500 wealthy people (including 818 resident centi-millionaires and 66 billionaires), New York tops the top 50 list of the world’s richest cities in 2025, established by Henley & Partners and New World Wealth, who have published their fourth annual report. It is followed by the (…)

Banned from LinkedIn due to her support for Palestine and denunciations of the genocide in Gaza, the Moroccan engineer at Microsoft Ibtihal Aboussad is receiving an avalanche of support on social media.
#ReinstateIbtihal. On the web, many internet users have launched a petition to call on LinkedIn to immediately restore the account of Ibtihal Aboussad, a Moroccan engineer at Microsoft whose platform was suspended following her public protest against the company’s involvement in the (…)

As Morocco prepares for the entry into force of the European carbon tax, many Moroccan companies are still lagging behind. Loïc Jaegert-Huber, regional director of ENGIE North Africa and president of the Clean Energy Commission of the Moroccan Association of Exporters (ASMEX), speaks about the issues.
In Morocco, the Carbon Border Adjustment Mechanism (CBAM) will come into force in less than a year. Some Moroccan companies are already active. "Awareness is real, but the level of (…)