Morocco’s Industrial Pivot: From Textiles to Masks and Ventilators Amid COVID-19 Crisis
20 April 2020
The Moroccan industry is running at full capacity and is allowing the kingdom to effectively cope with the health crisis.
Economy
Moroccan Banks Praise 60,000 Frontline Workers Amid COVID-19 Crisis
20 April 2020
The Moroccan banking sector is receiving the support of the Professional Group of Banks of Morocco (GPBM) for the effort made in the prevention and management of the (…)
Moroccan Pension Fund to Pay April Benefits Early for Ramadan Amid COVID-19 Crisis
19 April 2020
The Moroccan Interprofessional Pension Fund (CIMR) wants to anticipate the payment of April pensions starting next Wednesday.
Royal Air Maroc Faces Management Crisis Amid Pandemic Struggles
19 April 2020
The crisis situation prevailing at Royal Air Maroc (RAM) is due to poor management by the management. The covid-19 health crisis has just exacerbated things, according to the (…)
Renault to Gradually Reopen Moroccan Auto Plants in Late April
19 April 2020
The French automaker announces the "partial and gradual" restart of its two production plants in Tangier and Somaca Casablanca at the end of April.
Moroccan Businesses Face Adapt-or-Fail Challenge Amid COVID-19 Crisis
18 April 2020
To continue to exist during this coronavirus crisis, Moroccan companies must innovate. They must adapt to the current situation, as demand is collapsing and supply is disrupted.
Morocco’s Real Estate Sector Grinds to Halt Amid COVID-19 Crisis
18 April 2020
The covid-19 crisis has decimated the real estate sector in Morocco. All construction sites are now completely at a standstill.
Royal Air Maroc Faces Customer Backlash Over Refunds and Communication Amid Flight Suspensions
18 April 2020
Since the suspension of air flights to and/or from abroad as well as the closure of air borders until further notice, some dissatisfied passengers complain of receiving no (…)
Morocco’s State of Emergency Halts Harvest, Threatening Agricultural Losses
17 April 2020
Several owners and drivers of agricultural machinery are blocked for the harvest. They were unable to obtain authorization to travel to the regions where harvesting operations (…)
Morocco’s Central Bank Unveils New SME Loan Refinancing Guidelines Amid COVID-19 Crisis
17 April 2020
Bank Al-Maghrib issued on April 15, 2020, the circular setting the terms of refinancing of loans. This concerns loans granted by banks as part of the support program for the (…)