Economy

Recently elected the best tourist destination in Morocco, Essaouira is attracting many French people who are settling there.
The French channel "TF1" devoted a report to Essaouira, which was broadcast in its weekend show "50’ inside" on Saturday, March 29. Titled "Essaouira, the best destination in Morocco to change your life?", the report focuses on French expatriates who have chosen to settle in the city of the trade winds to make a new start. They are launching various projects there: (…)

The Dutch low-cost airline Transavia has decided to launch three new routes, including one to Morocco from Nantes-Atlantique airport.
Starting this summer, Transavia will launch its first flight to Tirana, Albania, on July 10. The next day, it will be the turn of the Essaouira-Nantes route. Finally, a third air link between Nantes and Hurghada will be launched this winter. It will now also be operational in summer. The company will have to operate all its flights itself.
The Dutch (…)

The closure by the British low-cost Easyjet of its Toulouse-Blagnac base results in the cancellation of a flight to Morocco and nine others to other destinations.
13 years later, EasyJet announces the closure of its Toulouse-Blagnac base due to "a combination of factors, including a slower post-Covid recovery and inflationary pressure impacting" its ability to "invest further in France". This closure was initially scheduled for March 31, "but the company has not scheduled any flights on (…)

Morocco is on the verge of overcoming the olive oil crisis. After years of drought, the olive oil sector is slowly getting back on track, but there are other risks and uncertainties to be feared.
Towards a revival of the olive oil sector? The recent rains revive the hope of a revival of the olive oil sector. In Jbala, several operators report an unexpected resurgence of the olive trees, reports Le Matin, noting that the soils have been sufficiently rehydrated in this area with a strong (…)

The Moroccan dirham appreciated by 0.4% against the US dollar and 1.5% against the euro during the week of March 20 to 26, according to Bank Al-Maghrib (BAM).
During this period, no auction operation was carried out on the foreign exchange market, the central bank said in its latest weekly indicator bulletin.
As of March 14, 2025, official reserve assets stood at 367.6 billion dirhams (MMDH), almost stable compared to the previous week and up 2% year-on-year.
The volume of Bank (…)

The national airline Royal Air Maroc (RAM) and China Southern Airlines agree to strengthen air connectivity between Africa and China.
Royal Air Maroc and the Chinese airline "China Southern Airlines Company Limited (China Southern) have signed a Memorandum of Understanding (MoU) to strengthen connectivity between China and Africa, responding to the growing demand for travel between the two regions. This agreement provides that the two airlines will extend their interline cooperation and (…)

Unconfirmed information indicates a possible imminent closure of Air Arabia’s operational base at Tetouan Saniat R’mel airport. This eventuality comes less than a year after the facility was inaugurated.
If this decision were indeed taken by the airline, it would be linked, according to the elements reported by Rue20, to the lack of profitability observed on several of the air routes offered from this airport.
Two main factors are put forward to explain this potential economic (…)

The Irish low-cost airline Ryanair unveils the ambitions it intends to achieve in Morocco by 2030, the year when the kingdom will co-host the 2030 World Cup with Spain and Portugal.
Ryanair intends to double the number of its passengers in Morocco to reach 30 million by 2030, Elena Cabrera, the company’s spokeswoman for Spain, Portugal, France and Morocco, told MAP on Wednesday in Madrid. In 2030, Morocco will co-host the World Cup with Spain and Portugal. The Irish low-cost company is (…)

A Danish brand of furniture and decoration is entering the African market through Morocco. It is preparing to open its first two stores in Casablanca.
The JYSK group is including Morocco in its international expansion plan and plans to open its first two stores in Casablanca: one at the Viva Park shopping center and the second at the Aeria Mall shopping center. Three to four new openings are expected to be effective by the end of the year. The brand also offers Moroccan consumers the (…)

The management of Bouygues Telecom has confirmed its intention to relocate around 150 jobs, following a meeting with the unions on the strategic orientations. These positions will be transferred to the group’s subsidiaries located in Porto, Portugal, and Rabat, Morocco.
The management specifies that this measure concerns "about 150 people out of the 11,000 employees of the company", also assuring that "no forced departures are planned for these employees". The implementation of these (…)