Economy

The increase in the solidarity tax on airline tickets is pushing the Irish airline Ryanair to reduce its capacity by 4 to 5% in France this year. Flights between the mainland and Morocco are affected by this measure.
Applicable since March 1, the air ticket tax or TSBA which has gone from €2.63 to €7.4 for domestic and European flights is part of the 2025 budget of the Bayrou government. This increase could bring in €800 to €850 million to the French state, reports Air Journal. However, (…)

NVIDIA is conquering the African market. The leader in the AI factory project in Europe plans to first settle in South Africa in June, then in other African countries such as Morocco, Egypt and Nigeria.
NVIDIA will build its first artificial intelligence factory in Africa in South Africa. This is the result of a partnership with Cassava Technologies, the holding company of Zimbabwean billionaire Strive Masiyiwa. "Cassava plans to deploy NVIDIA’s computer acceleration and AI software, (…)

The Spanish low-cost airline Volotea has just announced a new connection with Morocco from Bordeaux, with very competitive round-trip prices.
For this new line to Agadir, the flight operates non-stop and its duration is less than three hours. Agadir is identified as one of the main Moroccan seaside destinations.
The announced fares for a round-trip ticket on this line vary between 80 and 150 euros. This route also offers an additional option to reach Morocco from other French cities by (…)

It is an announcement that has surprised more than one observer on the Moroccan telecommunications market. Maroc Telecom and Inwi, long-time competitors, have decided to join forces. The two operators have formalized a strategic partnership aimed at modernizing the kingdom’s infrastructure, particularly in anticipation of hosting the 2030 FIFA World Cup, co-organized with Spain and Portugal.
This agreement provides for a joint investment of 4.4 billion Moroccan dirhams, or about 420 (…)

The Hyatt hotel group plans to open 20 new establishments in Europe, the Middle East and Africa (EMEA) over the next three years, including in Morocco, according to Manuel Melenchon, one of the group’s regional managers.
Hyatt intends to strengthen its presence "in key destinations that we believe are interesting for the French clientele," said Mr. Melenchon, explicitly citing Albania, Bulgaria, Greece, Morocco, Croatia and Portugal. These openings will increase the number of Hyatt rooms (…)

Agadir is increasingly attracting British tourists. They have abandoned Spain, including islands like Majorca and Tenerife, which were once their favorite destination.
While the Spanish coast is crowded with seaside resorts and islands like Majorca and Tenerife are becoming hostile to visitors, Agadir has become a reliable alternative for British tourists. Last year, British Airways, which began serving this Moroccan city for the first time in decades, reported a 308% increase in interest (…)

The production by the Dacia brand of a new electric city car, Spring 2, would involve Chinese suppliers setting up in Morocco.
Motivated by Luca de Meo, CEO of the Renault group, the Dacia brand will develop Spring 2, the replacement for the Spring developed on the basis of the new Twingo. De Meo had announced in February the development of this new electric city car for less than €18,000 during the presentation of the Renault group’s results. This second generation of the city car will (…)

The French want to travel during the Easter holidays and many are setting their sights on a Moroccan city, which is already their favorite destination.
Already the favorite destination of the French in 2024 at Liligo, Marrakech is the most sought-after city for the Easter holidays, with a round-trip price of 349 euros, reports Air Journal. Portugal dominates the top 10: Lisbon and Porto complete the podium. Three overseas destinations: Pointe à Pitre, Saint-Denis De La Réunion and Fort de (…)

France is importing more and more raspberries, blueberries and tomatoes from Morocco. As a result, French producers are losing market share and calling on the authorities to react.
According to data from the National Establishment of Agricultural and Maritime Products, also called FranceAgriMer, fruit imports have increased by 25% in 20 years while French fruit exports have halved, reports franceinfo. As a result, "the balance is negative and the deficit is widening for temperate fresh (…)

Morocco ranks among the world’s top 10 best destinations where tourists can enjoy a sunny day in April.
With an average temperature of at least 25°C per day, Morocco ranks seventh in the ranking of the 10 best destinations to enjoy a sunny day in April, established by Tempo. The site invites tourists to visit Morocco where lively destinations await them, destinations ready to delight all their senses, from relaxing spa treatments to the lively sounds of Jemaa el-Fna square and the iconic (…)