Moroccan Restaurant Industry Urges Government Aid Amid COVID-19 Crisis
5 May 2020
Faced with the unprecedented health crisis, restaurateurs have called for help to save the sector through the adoption of exceptional measures.
Economy
Morocco Unveils Recovery Plan to Boost Struggling Real Estate Market
4 May 2020
Severely affected by the Covid-19 crisis, the real estate sector, already in agony, requires a large-scale recovery plan. This is what the Alliance of Istiqlal Economists proposes.
Royal Air Maroc Faces Uncertain Future as Fleet Remains Grounded Amid Pandemic
4 May 2020
The many steps taken by Royal Air Maroc (RAM) for a normal resumption of its activities are struggling to bear fruit.
Royal Air Maroc Struggles to Collect $8 Million Debt from Moroccan Regional Council
4 May 2020
The president of the Draa Tafilelt region, El Habib Choubani, refuses to pay the bill of 80 million dirhams, owed since 2018 by the Regional Council to Royal Air Maroc.
Morocco Considers Tax Amnesty to Boost Foreign Exchange Reserves
4 May 2020
With the decline in foreign exchange, the Moroccan government could consider a new form of tax amnesty, allowing the repatriation of a maximum of capital held abroad.
Low-Cost Airline Tickets Could Surge 50% Due to Social Distancing Measures
4 May 2020
Moroccan travelers risk paying more for their low-cost airline tickets due to the social distancing to be observed during flights. According to the British airline data analyst (…)
Morocco Approves 34 SME Projects to Boost COVID-19 Supply Production
4 May 2020
The Minister of Industry, Trade and Green and Digital Economy announced last Saturday that 34 investment projects carried by SMEs have been approved by the public-private (…)
Morocco Explores Economic Recovery Strategies Post-COVID-19
3 May 2020
After the success of the first phase of contribution to the covid-19 fund, a second phase is necessary to relaunch the national economy, according to Omar Kettani, professor of (…)
Moroccan Bank Lending Surges 5.3% in March, Driven by Business and Household Loans
3 May 2020
In a note on the monetary statistics for March 2020, Bank Al-Maghrib (BAM) indicates that bank credit increased, year-on-year, by 5.3%, after 4.2% in February. This development (…)
Morocco Turns to Domestic Tourism to Revive Struggling Travel Industry
3 May 2020
After the significant financial losses recorded due to the covid-19 health crisis, the Moroccan National Tourist Office (ONMT) wants to revive tourism in Morocco by relying on (…)