Marrakech Hotels See Surge in Holiday Bookings, Luxury Sector Thrives
9 December 2024
As the end-of-year holidays approach, hotels located in the Marrakech-Safi and Drâa-Tafilalet regions are filling up with tourists.
Economy
Moroccan Diaspora Sends Record $12 Billion in Remittances, Boosting Economy
9 December 2024
Money transfers made by Moroccans residing abroad (MREs) not only contribute significantly to Morocco’s GDP, but also represent a real safety valve for families.
Royal Air Maroc Launches New Casablanca-Toronto Route
9 December 2024
Royal Air Maroc inaugurated a new air route connecting Casablanca to Toronto on Sunday. The inaugural flight, operated by a Boeing 787 Dreamliner, transported 204 passengers (…)
Drought Slashes Morocco’s Olive Harvest, Driving Up Olive Oil Prices
8 December 2024
Morocco is facing an unprecedented olive oil crisis. The olive harvest expected for this year is experiencing a dizzying drop, a direct consequence of the years of drought that (…)
Morocco’s Railway Expansion Plan Attracts $14 Billion in Investment
8 December 2024
The railway expansion plan is attracting investors who are ready to finance Moroccan projects. This is evidenced by the successful fundraising by the National Railway Office (…)
Morocco’s Automotive Industry Surge Challenges Spanish Market
8 December 2024
Morocco displays great economic ambitions. Its geographical position, close to Europe, its competitive workforce and its international alliances, particularly with the United (…)
Drought Drives Olive Oil Prices to New Highs in Morocco
8 December 2024
Olive oil, a pillar of Moroccan gastronomy, is now found at exorbitant prices. The fault lies with a persistent drought that, for the past five years, has weighed down national (…)
Egyptian Investors to Develop Major Tourism Complex on Morocco’s Atlantic Coast
7 December 2024
Egyptian billionaire Samih Sawiris, at the head of a group of investors, is launching a large-scale tourism project on the Moroccan Atlantic coast. Hotels, resorts and other (…)
Foreign Investment Declines in Tangier as Businesses Face Obstacles
7 December 2024
The city of Tangier is losing its attractiveness for foreign investments. The reasons are multiple and call for attention.
Moroccan Entrepreneur Revives Traditional Spirit for UK Market
7 December 2024
In the United Kingdom, the beverage offering is expanding with the launch on the market of a spirit inspired by Morocco.