Moroccan Argan Oil Industry Faces Growing Global Competition
17 August 2020
The argan tree, produced mainly in the Agadir region, is a Moroccan wonder that faces Israeli competition.
Economy
Café Owners Demand Extended Tax Relief Amid Ongoing COVID-19 Financial Strain
16 August 2020
Café managers, financially asphyxiated by the coronavirus crisis, are calling for new tax exemptions.
Casablanca-Settat Region Approves $11.5 Billion Development Plan Amid Pandemic Challenges
16 August 2020
The local authorities of Casablanca-Settat have decided, on Monday, to review their development program. The financial and legal impacts of the health crisis in this region, (…)
Italian Olive Oil Industry Fears Moroccan Competition Amid COVID-19 Crisis
16 August 2020
The crisis of the new coronavirus is severely impacting the oil sector in Italy, to the point that producers want to limit the competition from Moroccan olive oil.
Morocco’s Auto Industry Hit Hard: 40% Revenue Drop Amid COVID-19 Crisis
16 August 2020
The Moroccan automotive sector recorded a 40% drop in turnover in the first half of 2020. This is the result of the analysis by researcher Abdelaâziz Aït Ali on the impact of (…)
Morocco’s Real Estate Market Plummets Amid COVID-19 Crisis, Central Bank Reports
15 August 2020
The health crisis related to Covid-19 has severely impacted the real estate sector in Morocco to the point that prices are falling.
Rabat’s Major Transit Projects Face Delays Due to COVID-19 Pandemic
15 August 2020
Several projects, including the development of the tramway network for the benefit of the population of the surrounding cities, are almost completed in Rabat and Salé. However, (…)
Moroccan Dirham Strengthens Against Euro and Dollar, Official Reserves at 291.5 Billion
15 August 2020
The dirham appreciated by 0.84% against the euro and 0.30% against the dollar, during the period from August 6 to 12, 2020, according to Bank Al-Maghrib (BAM).
Morocco Launches Vehicle Fleet Renewal Program for Transport Professionals
15 August 2020
In Morocco, road transport professionals who had filed their applications with the external services of the Ministry of Equipment, Transport, Logistics and Water will soon be (…)
Royal Air Maroc Plans to Cut 140 Jobs in Historic Layoff Move
15 August 2020
Royal Air Maroc is preparing to dismiss 140 employees as indicated by its economic redundancy plan. If this plan received the blessing of the authorities, it would be the first (…)