Wizz Air Expands Mediterranean Network with New Morocco and Egypt Routes
16 May 2021
Wizz Air plans to launch two new air links to Morocco. Thirty other routes are also planned.
Economy
Moroccan Diaspora Remittances Surge 6.5% Despite Global Pandemic
16 May 2021
While the health crisis related to Covid-19 is still raging, Moroccans living abroad (MRE) continue to send money to their relatives who have remained in the country. The World (…)
Morocco’s Vaccination Drive Boosts Economic Optimism, Study Finds
15 May 2021
The vaccination strategy implemented by the Moroccan authorities to meet the challenge of herd immunity is reviving the hope of a new dynamic in the business climate in the (…)
Morocco-Israel Business Meeting Postponed Amid Economic Collaboration Efforts
15 May 2021
The General Confederation of Moroccan Enterprises (CGEM) had announced on May 7 that a meeting between the confederation and Israeli business organizations was to present the (…)
Moroccan Customs Report Sharp Decline in Smuggling Activity for 2020
15 May 2021
In its 2020 report published last Tuesday, the Customs and Indirect Taxes Administration (ADII) reports a significant drop in smuggling. While in 2019, 585 million DH of goods (…)
Morocco-Turkey Free Trade Agreement Revised: New Tariffs on 1,200 Products
15 May 2021
The law reforming the free trade agreement (FTA) between Morocco and Turkey has come into effect. This is confirmed by the Official Bulletin of May 13, 2021.
Moroccan Dirham Weakens Against Euro, Gains on Dollar in Latest Trading Week
14 May 2021
The dirham appreciated by 0.58% against the US dollar and depreciated by 0.33% against the euro during the period from May 6 to 12, 2021. This is what the indicators published (…)
Moroccan Chocolate Sales Surge Despite Pandemic, Nestlé Reports Growth
14 May 2021
Chocolate consumption has increased despite Covid. Chocolate bars and bars are increasingly sold. This is what can be understood from the data published by the boss of one of (…)
Morocco Aims to Expand Argan Tree Plantations by 50,000 Hectares to Meet Global Demand
14 May 2021
Le Morocco intends to plant 50,000 ha of argan trees by 2030 to meet the growing demand on the market. This ambition is part of the "Green Generation" strategy launched by King (…)
Morocco’s Customs Revenue Plunges 10% Amid COVID-19 Crisis
12 May 2021
The Covid-19 health crisis has left its mark, particularly on public finances. In 2020, customs revenue recorded a 10% drop compared to 2019.