Court Rules in Favor of Customer in Bank Account Dispute, Rejects Overdraft Charges
26 July 2020
The court of first instance of Tifelt upheld a client’s claim by rejecting a bank’s request for payment.
Economy
Moroccan Survey Reveals Sharp Income Drop Across Professions Due to COVID-19
25 July 2020
Moroccans have seen their purchasing power drop considerably due to the Covid-19 pandemic and confinement. This is what a survey by the High Commission for Planning (HCP) has (…)
Tetouan’s Tourism Rebounds with Record Summer Influx, but Uncertainty Looms
25 July 2020
The Covid-19 crisis has exacerbated the situation on the Tetouan coast, which was already suffering from seasonality. In fact, the summer season started much later in this (…)
Morocco’s Economy Faces Triple Threat Amid Global COVID-19 Crisis
25 July 2020
Analyzing the recent developments observed on the international and national scenes, Mohammed Benchaâboun, Minister of Economy, Finance and Administration Reform, identified (…)
Royal Air Maroc Pilots Express Concern Over Airline’s Crisis Recovery Plan
25 July 2020
After studying the company’s crisis exit plan Royal Air Maroc (RAM), the captains and airline pilots are concerned about its repercussions.
ONCF Boosts Train Service for Eid Al-Adha and Summer Travel
25 July 2020
From Monday, July 27, 2020, the National Railway Office (ONCF) will formalize its special transportation plan designed to support passenger travel during the Eid Al Adha period (…)
Royal Air Maroc Faces Turbulence as Pilots Challenge Rescue Plan
25 July 2020
The management of Royal Air Maroc (RAM) and the airline pilots are unable to agree on the company’s rescue plan. Now the two parties are addressing each other through lawyers.
Morocco’s Finance Minister Reports 20% Drop in FDI, Remains Optimistic on Economic Outlook
24 July 2020
Invited to speak before the two Finance Committees of Parliament, Minister of Economy and Finance Mohamed Benchaâboun reviewed the general framework for preparing the 2021 (…)
Morocco Suspends Real Estate Price Guidelines to Boost Property Market
24 July 2020
Among the strategies adopted to boost the real estate market, severely affected by the Covid-19 crisis, there is the suspension of the application of the real estate price (…)
Moroccan Economy Faces Steep Recovery Amid Tax Revenue Plunge, Minister Says
24 July 2020
The Moroccan economy is going through one of the most trying crises in its history, and will have to embark on a process of restarting that will take many months. These are the (…)