Morocco’s Fuel Prices Surge Again, Nearing 15 Dirhams per Liter
18 May 2022
After a few weeks of decline, pump prices are rising again and are approaching 15 DH per liter.
Economy
Moroccan Diaspora’s Record Remittances Bolster Economy Amid Pandemic, Party Leader Says
17 May 2022
The Istiqlal party has praised the resilience of the Moroccan economy during the Covid-19 crisis, emphasizing the contribution of Moroccans residing abroad (MREs) through their (…)
Morocco Aims for 75% Air Traffic Recovery in 2022 as Travel Rebounds
17 May 2022
In a context marked by the improvement of the health situation and the resumption of travel around the world, the National Airports Office (ONDA) hopes to reach this year a (…)
Ryanair Hikes Ticket Prices for Summer Flights to Europe
16 May 2022
Moroccan and other nationalities customers of the airline Ryanair will have to pay more to buy plane tickets for flights to Europe. Michael O’Leary, CEO of the low-cost (…)
Morocco Sees 40% Surge in Remittances from Expatriates in 2021, World Bank Reports
16 May 2022
Remittances made by Moroccans Living Abroad (MRE) for last year increased by 40%, thanks to the resumption of activities in the host countries of the European Union as well as (…)
Morocco’s Tourism Recovery Hindered by Strict COVID Entry Requirements
16 May 2022
In Morocco, the maintenance of the double requirement to present a vaccination pass and a negative PCR test for travelers arriving by air at Moroccan airports is having a (…)
Moroccan Dirham Weakens Against Euro and Dollar, Official Reserves at 328.3 Billion
15 May 2022
The Moroccan currency depreciated by 0.61% against the euro and 0.40% against the US dollar, during the period from May 5 to 11, 2022. This is specified by the indicators (…)
Moroccan-Designed Hydrogen SUV NamX HUV Set for 2025 Launch
15 May 2022
The Franco-Moroccan, Faouzi Annajah, son of a Moroccan worker who worked for more than 35 years at the Renault manufacturer, is the designer of the NamX HUV, a zero-emission (…)
Colas Rail Secures €15 Million Contract for Casablanca Tramway Expansion
14 May 2022
The French company Colas Rail Company has been awarded a new 15 million euro contract by Casa Transport SA. This concerns the realization of the low voltage systems of the T3 (…)
Drought Slashes Morocco’s Cereal Harvest by 69%, Raising Food Security Concerns
14 May 2022
Morocco’s 2021-2022 cereal harvest is estimated at 32 million quintals (Mqx), a 69% drop compared to the record 2019-2020 season. The cause: weak and poorly distributed rainfall.