Morocco’s Mask Surplus: 26 Million Reusable Face Coverings Await Export Amid Global Demand Slump
9 June 2020
Reusable masks made in Morocco are having trouble selling, due to weak export demand.
Economy
COVID-19 Sparks Record Cash Withdrawals in Morocco, Over 12 Billion Dirhams in April
8 June 2020
Moroccans are increasingly making cash withdrawals in these times of covid-19. According to Bank Al-Maghrib (BAM), for the month of April alone, more than 12 billion dirhams (…)
Moroccan Artisans Face Crisis as COVID-19 Threatens Traditional Crafts
8 June 2020
At the Oulja craft center, located in Salé, near Rabat, craftsmen are desperately waiting for customers to sell their pottery, basketry and wrought iron furniture. The health (…)
Morocco Launches Economic Zone Near Fnideq to Boost Regional Development
8 June 2020
Located in the vicinity of Fnideq, the economic activity zone should come into service during the summer of 2021. The first works have started on a 10-hectare section for a (…)
Morocco’s Subsidy Costs Rise to 5 Billion Dirhams, Driven by Butane Gas Demand
8 June 2020
The overall burden of compensation for consumer subsidies stood at nearly 5.07 billion dirhams (BMDH) for the first four months of 2020, according to the latest information (…)
Morocco’s Mask Makers Face Import Flood, Testing National Production Push
8 June 2020
While the Moroccan authorities have stimulated the local manufacture of sanitary products to meet the needs of the population, the same products are imported and flooding the (…)
TUI Fly to Resume Morocco Flights, Expand to 72 Destinations in July
8 June 2020
As air traffic is timidly resuming, the low-cost airline TUI Fly announces the resumption of its flights to Morocco and other destinations in July.
Car Dealerships Implement Safety Measures for Reopening After COVID-19 Shutdown
8 June 2020
After cafes, bars and restaurants, deconfinement is being prepared at car dealerships. In this regard, safety measures have been issued by the supervisory ministry and imposed (…)
Morocco’s Air Traffic Plummets 54% in March Amid Flight Suspensions
7 June 2020
With 4,910,594 passengers recorded at the end of March 2020, air traffic in Morocco fell by 12%, according to the quarterly data from the National Airports Office (ONDA).
Arab Monetary Fund Grants Morocco $211 Million Loan for COVID-19 Recovery
7 June 2020
Morocco has just received a new aid, more precisely a loan, to help it cope with the consequences of the coronavirus.