Morocco Emerges as Top Importer of Russian Diesel Amid Export Surge
16 August 2023
Morocco is the fourth largest importer of Russian diesel in the last two weeks of August. This is revealed by data from negotiations and Refinitiv Eikon.
Economy
Moroccan Hotels Win Dispute with Booking.com Over Commission Payments
16 August 2023
The tug-of-war between the online booking platform Booking.com and Moroccan hoteliers, grouped within the National Federation of the Hotel Industry (FNIH), is coming to an end. (…)
Fuel Prices in Morocco Hit Record High as Diesel Surges Past 13 Dirhams
16 August 2023
A bad surprise awaits Moroccan motorists at the pump starting this Wednesday. Fuel prices at service stations continue to soar.
Richard Branson’s Virgin Group to Open Luxury Riads in Marrakech Atlas Mountains
16 August 2023
British billionaire Richard Branson’s Virgin Group is preparing to open six new luxury riads at the Kasbah Tamadot located at the foot of the Atlas Mountains in Marrakech.
Casablanca Ranks 5th in Arab World for Millionaires, Study Finds
15 August 2023
According to a study by the consulting firm Henley & Partners (H&P), a leading institution, Casablanca is one of the richest cities in the world and one of the fastest (…)
Moroccan Expats and Foreign Investors Own 28% of Casablanca Stock Exchange
15 August 2023
Moroccans living abroad (MREs) and foreign investors alone hold more than a quarter of the market capitalization of the Casablanca Stock Exchange (CSE).
Kenya Airways and Royal Air Maroc Revive Code-Share Partnership for African Routes
14 August 2023
Kenya Airways, based in Nairobi, plans to reactivate its code-sharing agreement with the national airline Royal Air Maroc (RAM). Initiated in 2016, this agreement had been (…)
Moroccan Diaspora Remittances Surge 46%, Boosting National Economy
11 August 2023
Moroccans living abroad (MRE) are making a strong contribution to the Moroccan economy through remittances, which have been growing in recent years. These flows have increased (…)
Morocco’s Real Estate Market Shows Promise as Inflation Eases and Mortgage Rates Stabilize
10 August 2023
The decline in inflation and the stability of mortgage rates not only provide relief to buyers, but they also raise new hope for the real estate market.
Ryanair Pilots’ Strike Threatens Morocco-Belgium Flights Next Week
9 August 2023
Flights operated between Morocco and Belgium by the Irish low-cost airline Ryanair could be disrupted next week due to a new strike by its pilots. They are demanding better (…)