Used Car Prices Surge in Morocco as New Vehicle Shortages Persist
20 July 2022
The lack of new car inventory is pushing many Moroccans to acquire used cars. As a result, their prices are skyrocketing.
Economy
Laâyoune’s New Desalination Plant Set to Boost Morocco’s Water Supply
20 July 2022
The seawater desalination plant installed in Laâyoune as part of strengthening the national drinking water supply will soon be operational.
Collins Aerospace Expands in Morocco, Plans 800 New Jobs in Aeronautical Sector
20 July 2022
The American company Collins Aerospace, specialized in the manufacture of aeronautical equipment, will develop its supply ecosystem in Morocco. To this end, a memorandum of (…)
Government Rejects Fuel Subsidy Amid Rising Pump Prices, Cites Alternative Measures
19 July 2022
Insistently demanded by the transport unions, due to the rise in pump prices, the fuel subsidy was not granted by the government. Its spokesperson explained the reasons for (…)
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar as Reserves Dip
18 July 2022
The Moroccan currency appreciated by 0.30% against the euro and depreciated by 0.98% against the US dollar, during the period from June 30 to July 06. This is what the (…)
Morocco’s Underemployment Rate Drops to 9.3%, But Challenges Persist
18 July 2022
Although the underemployment rate is declining, the level of underemployment remains high in Morocco. This is revealed by the latest study by the Directorate of Studies and (…)
Lidl Challenges Citroën AMI with New Electric Microcar: Elaris Finn Enters European Market
17 July 2022
The Citroën AMI, an electric car without a license manufactured in the PSA Group’s plant located in Kenitra, Morocco, has a new competitor. Its name: Elaris Finn, a car (…)
Renault Boosts Local Production in Morocco, Exports Surge Despite Global Chip Shortage
16 July 2022
In a difficult automotive context due to the global electronic component crisis, Renault has strengthened its leading position in Morocco. In the first half of the year, the (…)
Transavia Strike Disrupts Summer Travel, Cancels Flights to Morocco and Beyond
16 July 2022
The airline Transavia France has decided to cancel flights to Morocco and other destinations this weekend due to a strike launched by the SNPNC-FO union.
Fuel Prices in Morocco Expected to Drop as Global Oil Costs Decline
16 July 2022
Good news! After a surge in recent months, fuel prices have fallen this Friday, due to a drop in the price of a barrel globally.