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.
Economy
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, (…)
Middle East and North African Billionaires See Wealth Surge During Pandemic
30 August 2020
The wealth of billionaires in the Middle East and North Africa has increased in these times of Covid-19. This is indicated in a report by Oxfam entitled "A Decade of Hope, Not (…)
Car Insurance Reform: Deductibles to Be Based on Vehicle’s New Value
30 August 2020
Car insurance contracts will soon undergo an evolution. This is a reform aimed at contributing to the technical recovery of the automotive branch.
Morocco’s Poultry Industry Faces 50% Demand Drop Amid Pandemic
29 August 2020
The health crisis has also dealt a severe blow to the poultry industry. This sector has been sluggish since the start of the pandemic with a decline in demand now set at 50%.
Marrakech Tourism Plummets as COVID-19 Cases Surge in Morocco
29 August 2020
The tourism sector in Morocco is in free fall and is dragging the Moroccan economy, which derives a significant portion of its revenue from it. The city of Marrakech, which at (…)
Gefco Expands Automotive Logistics Operations to Morocco’s Tanger Med Port
29 August 2020
The logistics specialist, Gefco, has just announced its installation in Tanger Med.
Morocco Aims to Become Global Leader in Green Hydrogen Production
29 August 2020
Leveraging its potential, Morocco is keen to develop its green hydrogen production. Several initiatives have already been taken.
Cristiano Ronaldo’s Luxury Hotel in Marrakech Set to Open in Early 2021
29 August 2020
Things are taking shape for the opening of the famous player Cristiano Ronaldo’s hotel in Marrakech.
Morocco’s Clothing Exports to EU Plunge 42% Amid Industry Crisis
29 August 2020
In the clothing sector, Morocco is experiencing a collapse of its exports to Europe, due to its lack of visibility. To reverse this trend, the Kingdom must very quickly develop (…)