Ryanair Launches 48-Hour Flash Sale: €5 Flights to Morocco and 240 Destinations
1 September 2020
The airline Ryanair is offering €5 tickets for flights to 240 destinations including Morocco in September and October.
Economy
EIB Grants Morocco €100 Million for COVID-19 Medical Equipment
1 September 2020
The European Investment Bank (EIB) is granting 100 million euros to Morocco to help it cope with certain urgent needs arising from the Covid-19 pandemic. The Moroccan Minister (…)
Morocco’s Air Travel Plummets 57% in First Half of 2021 Amid COVID-19 Crisis
1 September 2020
In Morocco, passenger traffic has fallen sharply in the first half of this year, down 57.5% compared to the same period in 2019 due to the health crisis related to Covid-19.
Moroccan Pilots’ Union Challenges Royal Air Maroc’s Mass Layoffs, Demands Reinstatement
1 September 2020
The office of the Moroccan Association of Airline Pilots (AMPL) is preparing to counter-attack regarding the "abusive" economic dismissal of 65 pilots and captains carried out (…)
Moroccan Dirham Gains Against Euro, Slips Versus Dollar in Latest Week
31 August 2020
Contrary to the period of August 13-19, 2020, the dirham appreciated by 0.58% against the Euro during the week of August 20-26 and depreciated by 0.44% against the dollar.
Moroccan Businesses Face Bankruptcy Surge as Courts Resume Full Operations
31 August 2020
At the Commercial Court of Casablanca, bankruptcy cases are on the rise and a sharp increase in the number of companies closing down due to lack of resources is expected (…)
Bank Loans in Morocco Accelerate to 5.8% Growth, Reaching 946 Billion Dirhams
31 August 2020
The latest statistics from Bank Al Maghrib (BAM) indicate that the pace of growth in bank loans accelerated in the seventh month of the year, rising from 5.6% to 5.8% at the (…)
Morocco’s Clothing Exports Plummet 42% Amid Global Pandemic Disruptions
30 August 2020
The Covid-19 pandemic is not sparing the clothing sector in Morocco. International trade is severely impacted.
Royal Air Maroc Faces Backlash as Employee Layoff Lists Leak Online
30 August 2020
The lists of the names of the Royal Air Maroc (RAM) employees affected by the second wave of layoffs have leaked on social media.
Remittances to Morocco Drop 8% as Travel and Foreign Investment Decline
30 August 2020
Transfers from Moroccans Residing Abroad (MREs) fell by 8.1% to 24 billion dirhams at the end of the first half of 2020. They were able to cover 59.4% of the trade deficit, (…)