Morocco’s Olive Oil Prices Soar as Production Plummets Amid Heat Wave
20 October 2024
In Morocco, inflation continues to affect olive oil due to the drop in production. Harvests are far from meeting the needs of Moroccans.
Economy
Morocco Blocks Ryanair’s Push for All-Digital Ticketing, Mandates Paper Tickets
19 October 2024
Ryanair is facing a major obstacle in its quest for an all-digital approach. While the airline plans to eliminate paper tickets and check-in counters elsewhere in the world, it (…)
Stellantis Shifts Production: Italian Jobs at Risk as Morocco Plant Expands
19 October 2024
Concern is growing in Italy in the face of Stellantis’ strategy. While the automotive giant is halving the production capacity of its Melfi plant and its supply chain in (…)
Morocco’s 2030 World Cup Co-Hosting: Economic Opportunity and Challenges Ahead
18 October 2024
Morocco’s co-hosting of the 2030 World Cup with Spain and Portugal will have huge socio-economic repercussions on the country, but Morocco will have to make considerable (…)
Turkish Home Goods Retailer Madame Coco Exits Moroccan Market Amid Fierce Competition
17 October 2024
Faced with its inability to crush Chinese competition and that of slightly more premium brands with a much wider range like Zara Home, a Turkish brand is forced to leave (…)
France-Morocco Flights Set to Soar in Price as Aviation Tax Hike Sparks Industry Backlash
16 October 2024
The probable increase in the price of airline tickets between France and Morocco that would be induced by the government’s decision to increase the Solidarity Tax on Air (…)
French Defense and Energy Firms Eye Major Contracts as Morocco-France Relations Thaw
15 October 2024
French industrialists, including those in the armaments and energy sectors, want to take advantage of the warming of relations between France and Morocco to secure major (…)
French Hotel Group Caphotel Expands to Morocco, Opens Subsidiary in Marrakech
15 October 2024
The development of foreign tourism in Morocco and the dynamic growth of the local market are motivating hotels to set up in the kingdom. A French hotel chain has recently (…)
Macron’s Morocco Visit Set to Boost France-Morocco Trade Amid Global Competition
14 October 2024
France remains Morocco’s leading economic and financial partner despite growing competition, particularly from non-European players like China and the United States. And the (…)
Morocco Slashes Card Payment Fees for Merchants, Boosting Digital Economy
13 October 2024
Following the directive issued by Bank Al-Maghrib (BAM) on September 25, 2024, which now caps the domestic interchange rate at 0.65%, the Interbank Monetary Center (CMI) has (…)