Moroccan Dirham Hits 26-Month Low Against Surging Dollar
15 July 2022
In its recent note, covering the week of July 4 to 8, Attijari Global Research (AGR) reports a 1.41% drop in the dirham against the dollar.
Economy
Amsterdam Airport Restrictions Force Royal Air Maroc to Reroute Flights to Maastricht
15 July 2022
The new airport restrictions imposed by the authorities of Amsterdam Schiphol airport are forcing Royal Air Maroc and other airlines to transfer flights departing and arriving (…)
Citroën AMI: Morocco-Made Electric Microcar Surges in European Markets
14 July 2022
The success of the Citroën AMI, an electric car without a license manufactured in the PSA Group’s plant in Kenitra, Morocco, knows no limits.
Morocco’s Customs Revenue Surges 23% to 41.6 Billion Dirhams in First Half of Year
14 July 2022
At the end of last June, Moroccan customs collected more than 41.6 billion dirhams, up 22.9% compared to last year’s figures.
US Almond Imports Dominate Moroccan Market Despite Local Quality
13 July 2022
American almonds are in high demand to the point of dominating the local market to the detriment of Moroccan almonds. As a result, Morocco is struggling to sell its product, (…)
British Gas Firm Sound Energy Loses $2.55 Million Tax Dispute in Morocco, Plans Appeal
13 July 2022
The British gas company Sound Energy announces that it has lost its lawsuit against the General Tax Administration, which had claimed $2.55 million in taxes from it after it (…)
Ferry Service Resumes Between Tangier and Tarifa After Wind-Related Suspension
13 July 2022
After a few hours of suspension due to the strong winds blowing over the Strait of Gibraltar on Tuesday, maritime traffic between the ports of Tanger Ville and Tarifa resumed (…)
Morocco’s Holiday Rental Market Surges as Tourism Rebounds Post-Covid
13 July 2022
Seasonal real estate rentals in Morocco are generating strong enthusiasm as the holidays approach. This is reviving the sector after two years of scarcity due to the Covid-19 (…)
Morocco’s Al Hoceima Airport to Undergo $21 Million Expansion Project
13 July 2022
The extension work on Al Hoceima airport, planned by the National Airports Office (ONDA), will soon begin. They will be carried out by the Moroccan company VIAS, specialized in (…)
Morocco Seeks South Korean Investment in Automotive and Aerospace Industries
13 July 2022
To discuss opportunities for Korean investment in Morocco, the Moroccan Investment and Export Development Agency (AMDIE) organized a Roadshow in South Korea last week, in the (…)