Ryanair Expands Summer Routes: New Flights to Morocco and Italy from Toulouse
23 March 2022
The airline Ryanair plans to launch a new connection from Toulouse and resume a line to Morocco this summer.
Economy
Royal Air Maroc Trainee Pilots Protest Repayment Demands Amid COVID Impact
23 March 2022
The Coordination of Royal Air Maroc Trainee Pilots (CPS RAM) has decided to organize a sit-in in front of the headquarters of the national company this Thursday, March 24, 2022 (…)
Morocco’s Inflation Rate Soars to 4.7% in 2022, Central Bank Forecasts
23 March 2022
After a rate of 1.4% in 2021, inflation in Morocco is expected to reach 4.7% this year before returning to 1.9% in 2023, according to Bank Al Maghrib.
Morocco’s Rental Market Shows Mixed Trends: Apartment Prices Drop, Furnished Units Rise
23 March 2022
The rental market in Morocco has shown signs of a slow recovery. However, disparities persist depending on the cities.
Morocco’s Consumer Prices Rise 3.6% in February, with Regional Variations
23 March 2022
Compared to the same month last year, the consumer price index (CPI) for February recorded an increase of 3.6%, according to the High Commission for Planning (HCP). There are (…)
Morocco’s Tourism Sector Poised for Recovery as COVID Restrictions Ease
23 March 2022
Battered for more than two years by the coronavirus, the tourism sector is showing promising prospects for this year, thanks to the improvement of the epidemiological situation (…)
Japanese Auto Supplier Shifts Ukraine Operations to Morocco Amid War
22 March 2022
The war in Ukraine is forcing Japanese Sumitomo Electric Bordnetze (SEBN) to relocate its activities to Morocco. The automaker had suspended its activities since the end of (…)
SDX Energy Reports $24 Million Loss from North African Oil Projects
22 March 2022
The British oil company SDX has taken stock of its activities in 2021 in North Africa, announcing cash losses of $24 million, due to the failure of certain projects in Egypt (…)
World Bank to Grant Morocco $180 Million Loan for Drought Resilience and Irrigation
22 March 2022
The World Bank is expected to grant a $180 million loan to Morocco by the end of the month to support a program for the resilience and sustainability of irrigation water.
Moroccan Port Tanger Med Ranks Among World’s Top 3 Most Efficient Container Ports
21 March 2022
Another good news for the Tanger Med port complex, which once again stands out for its performance. The Moroccan port ranks in the Top 3 of the most efficient container ports (…)