Morocco Sees Surge in Online Payments Amid COVID-19 Pandemic
21 January 2021
In Morocco, the health crisis related to the coronavirus has accelerated the banking transformation. Online payments have experienced a meteoric success in 2020.
Economy
Morocco’s Tourist Transport Industry Struggles Amid Pandemic Slump
21 January 2021
The health crisis related to the coronavirus pandemic has strongly impacted all the links in the tourism sector in Morocco. Tourist transport companies are facing a difficult (…)
Nexans Expands Fiber Optic Production with New Morocco Factory
20 January 2021
The Nexans Group has just inaugurated a new factory in Nouaceur for its Telecom Systems Business Unit. This new unit will produce fiber optic cable connectivity accessories for (…)
Renault Morocco Maintains Market Lead Despite Pandemic, Produces Over 277,000 Vehicles in 2020
20 January 2021
Despite the coronavirus pandemic, the year 2020 was prosperous for the Renault group in Morocco. On Tuesday, the group’s managing director, Marc Nassif, announced that the two (…)
Moroccan Cereal Farmers See Hope as Rains Boost Sowing to 4 Million Hectares
20 January 2021
Good news for the Moroccan cereal sector. By the end of November, more than four million hectares had been sown, putting the cereal campaign indicator in the green. The (…)
Morocco Launches Online Payment System for Foreign Vehicle Registration Fees
19 January 2021
The registration fees for vehicles acquired abroad are now payable online, announced the Directorate General of Taxes (DGI).
Moroccan Dirham Strengthens Against Dollar, Weakens vs Euro in December
19 January 2021
The dirham appreciated, on a monthly basis, by 1.89% against the US dollar and depreciated by 0.89% against the euro in December 2020. This is according to the indicators (…)
Moroccan Restaurant Industry Calls for Government Aid Amid Ongoing Crisis
18 January 2021
Through a letter addressed to several authorities, the Moroccan Confederation of Food Trades (CMMB) defends the interests of the restaurant sector, which has been severely (…)
Call Centers Lead Job Growth in Morocco Amid Pandemic, IT and Banking Follow
17 January 2021
The sector that has recruited the most in 2020 in Morocco despite the health crisis is that of call centers. It is followed by IT operators and banks, which have also hired, (…)
Moroccan Dirham Gains Against Euro, Official Reserves Dip as IMF Loan Partially Repaid
17 January 2021
The dirham appreciated by 0.51% against the euro and depreciated by 0.80% against the US dollar during the period from January 7 to 13, 2021. This is indicated by the (…)