Chinese Wind Turbine Manufacturer Invests in Morocco’s Tanger Tech City Project
12 November 2020
The Cité Mohammed VI Tanger Tech has just found a first foreign investor. It is Aeolon, a wind turbine blade manufacturer based in Shanghai.
Economy
Moroccan Foreign Investment Rebounds to 5.64 Billion Dirhams Despite Pandemic Challenges
11 November 2020
Despite the impact of the health crisis, Moroccan direct investment abroad (MDIA) is gradually resuming. The volume of MDIA reached 5.64 billion dirhams at the end of (…)
Thousands of Moroccan Officials Face Dismissal Over Undeclared Assets
11 November 2020
In total, 89,070 declarations have been filed in the various financial jurisdictions of the Kingdom. This means that thousands of people have not yet taken the necessary steps.
Morocco’s Tourism Recovery Stalls as Europe Tightens Travel Restrictions
11 November 2020
Barely has Morocco embarked on a gradual relaunch of its tourism sector, when this momentum is losing steam. The restrictive measures imposed everywhere in Europe have forced (…)
Morocco’s Industrial Sector Rebounds: 93% of Jobs Recovered Amid Pandemic
11 November 2020
The Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid Elalamy, says that many jobs have been recovered during the month of July in several sectors, (…)
Harley Davidson Exits Morocco, Shifts Focus to Key Global Markets
11 November 2020
Harley Davidson is withdrawing from the kingdom to position itself in other countries. The big concern of the moment, what will become of the maintenance and refurbishment of (…)
Morocco Ramps Up COVID-19 Response: 16 Million Masks Daily, 93% Industrial Jobs Recovered
11 November 2020
Through the strength of its 60 textile factories, Morocco manages to produce 16 million masks per day. The announcement was made by the Minister of Industry, Trade and Green (…)
Moroccan Spa Industry Struggles to Reopen Amid Tourism Downturn
11 November 2020
Care and wellness establishments have been ordered to open their doors, but under rather suicidal conditions according to the managers. Uncertainty hangs over a sector that is (…)
Morocco’s Civil Service Salaries Rise 24% Over Decade, Average Now 8,147 Dirhams
10 November 2020
The average monthly net salary in the civil service has increased by 24.38% between 2010 and 2020, from 6,550 dirhams to 8,147 DH, representing an average annual increase of (…)
Royal Air Maroc Enforces New COVID-19 Test Requirements for France-Bound Flights
10 November 2020
Royal Air Maroc wants to comply with the new entry requirements on French territory. The Moroccan airline has reminded its passengers of this new document necessary before any (…)