Morocco Shifts Tourism Focus to Domestic Market Amid Travel Restrictions
14 June 2020
Lacking foreign tourists this year, Morocco will have to rely on locals and perhaps also Moroccans living abroad if they are allowed to return to the country.
Economy
Morocco’s Automotive Industry Booms, Driving Export Growth Despite Global Slowdown
14 June 2020
Despite the slowdown in the global market, Morocco has managed to integrate the automotive industry value chain through the expansion of its trade, making it an example. This (…)
Oujda Airport Implements COVID-19 Safety Measures for Reopening
14 June 2020
The National Airports Office (ONDA) is active for the resumption of air transport, in strict compliance with the protection measures in these times of covid-19. The Oujda-Angad (…)
Moroccan Bank Pledges $3 Billion to Boost Small Businesses Amid Pandemic Recovery
14 June 2020
The Attijariwafa bank group intends to support companies, merchants, craftsmen and professionals in the relaunch of their activities, thanks to the "Relance Offer" scheme. Some (…)
Morocco’s Microfinance Sector Struggles Amid COVID-19 Economic Fallout
14 June 2020
Microfinance institutions are embarking on a recovery plan for the sector due to the insolvency of some clients following the economic consequences of the health crisis.
Morocco Urges Domestic Tourism to Revive Hard-Hit Travel Industry
14 June 2020
Tourism and air transport were the first to be affected by the pandemic. For the recovery, Nadia Fettah, Minister of Tourism, Handicrafts, Air Transport and Social Economy, is (…)
Moroccan Truckers Threaten Highway Blockade Over Toll Hike
13 June 2020
To their great surprise, road hauliers who were expecting preferential night-time pricing on motorways learned that the management of Autoroutes du Maroc (ADM) has increased (…)
ConocoPhillips Signs Oil Exploration Deal in Northern Morocco
13 June 2020
A reconnaissance contract for the onshore area called "MESORIF", located in northern Morocco, was signed on Friday between the National Office of Hydrocarbons and Mines (ONHYM) (…)
Marrakech Businesses Reopen as Morocco Eases COVID-19 Restrictions
13 June 2020
In Marrakech, merchants are wearing the smile of happiness after the resumption of economic activity paralyzed for nearly three months due to the health crisis related to the (…)
Algeria Unveils $16 Billion Phosphate and Iron Mining Projects to Rival Morocco’s Industry
13 June 2020
Algeria is preparing to launch two major "promising and engaging several sectors" projects, particularly in the phosphate sector, thus seeking to compete with the world number (…)