Morocco’s Tourism Sector Hit Hard by COVID-19, IMF Report Shows
8 August 2020
The health crisis related to the coronavirus has had a very negative impact on ten African countries including Morocco, Egypt and Tunisia. This is what a report by the (…)
Economy
Morocco’s Wedding Industry Struggles Amid COVID-19 Shutdown
8 August 2020
The health crisis related to Covid-19 has had a negative impact on the wedding professions which have been at a complete standstill since March 14, 2020. Professionals in the (…)
China Expands Fishing Fleet in Moroccan Waters with Three New Vessels
8 August 2020
Three new Chinese ships will dock in Moroccan waters with fishing as their main activity. The public fishing company "Shandong Provincial Distant Water Fishing Co" will be (…)
Morocco’s Iconic Legzira Beach to Undergo Restoration Amid Erosion Concerns
8 August 2020
Considered one of the most beautiful beaches in Morocco, but unfortunately threatened by the ocean, the mythical Legzira beach will undergo a little facelift.
Morocco Sees 8.1% Drop in Remittances from Expatriates Amid Economic Downturn
8 August 2020
The net flow of foreign direct investment (FDI) in Morocco fell by 7.2% and stood at around 8.34 billion dirhams (MMDH) at the end of June 2020, according to the Foreign (…)
COVID-19 Pandemic Costs Morocco Nearly 600,000 Jobs in Q2 2020
8 August 2020
The Moroccan economy has not finished suffering the consequences of the coronavirus pandemic. Just for the 2nd quarter, it lost 589,000 jobs, reveals the High Commission for (…)
Morocco to Issue $2 Billion in Sovereign Bonds Amid Economic Challenges
8 August 2020
Faced with the impact of Covid-19 on its economy, Morocco intends to raise $2 billion on international sovereign debt markets.
Royal Air Maroc Under Fire: Dozens of Guinean Passengers’ Luggage Lost After Repatriation Flight
8 August 2020
Several dozen Guinean passengers, stranded for several months in Morocco, are demanding their luggage, ten days after returning to their country on a special flight operated by (…)
Morocco Unveils Ambitious Plan to Revitalize Tourism Sector Post-COVID
7 August 2020
The government is preparing to execute the program contract (CP) for tourism. This will relaunch the tourism sector, which has been severely affected by the health crisis (…)
Morocco’s Exports Plummet 18% Amid COVID-19 Crisis, Auto Industry Hit Hard
7 August 2020
In Morocco, the health crisis related to the coronavirus has had a negative impact on exports, resulting in a loss of more than 27 billion dirhams recorded in the first half of (…)