Moroccan Dirham Gains Against Euro and Dollar as Foreign Reserves Rise
4 June 2023
The Moroccan currency appreciated by 1.25% against the euro and 0.44% against the US dollar during the week of May 25 to 31, according to Bank Al-Maghrib (BAM).
Economy
Royal Air Maroc Cancels Morocco-France Flights Due to French Strike
4 June 2023
Following the call for a public service strike in France on June 6, 2023, Royal Air Maroc has been forced to reduce its program, resulting in the cancellation of several (…)
Dacia and Renault Lead Morocco’s Car Market Despite Overall Sales Decline
3 June 2023
New vehicle sales reached 64,025 units at the end of May, down 4.45% compared to the same period last year, according to statistics from the Association of Vehicle Importers in (…)
Fiat Revives Topolino: Electric Microcar Now Produced in Morocco
3 June 2023
The Fiat Topolino is making a big splash. Produced in the Stellantis plant in Kenitra, Morocco, this car joins the Citroën Ami and the Opel Rocks-e to form a rather original (…)
New Airport Terminal Planned for Dakhla as Passenger Numbers Soar
3 June 2023
The National Airports Office (ONDA) plans to build a new terminal at Dakhla airport, announced Mohamed Abdeljalil, the Minister of Transport and Logistics. This project, which (…)
Morocco’s Real Estate Market Shifts: Supply Drops, Demand Rises in Q1 2023
3 June 2023
The first quarter of 2023 was marked by a decrease in real estate supply in Morocco, particularly by 9.3% for apartments, both new and old, according to the latest analysis of (…)
Air Algérie Expands Fleet, Strengthens Position in African Aviation Market
2 June 2023
Air Algérie has just strengthened its position in the African air market thanks to the acquisition of fifteen new medium and large capacity aircraft, thus increasing its lead (…)
Renault Launches Digital Innovation Hub in Morocco to Boost Tech Solutions
2 June 2023
The Renault Group has announced the creation of "Renault Digital Maroc", a new entity dedicated to the development and maintenance of digital solutions.
Fuel Prices Surge in Morocco: Gasoline Up 26 Cents, Diesel 15 Cents Per Liter
1 June 2023
Since this morning, Moroccan motorists are facing an increase in pump prices. According to information provided by the National Federation of Owners, Merchants and Managers of (…)
Morocco Launches Instant Interbank Transfers, Free for 3 Months
1 June 2023
Bank Al-Maghrib, in collaboration with the Groupement pour un Système Interbancaire Marocain de Télécompensation (GSIMT), announced the implementation of instant interbank (…)