Snowfall Draws Record Tourist Surge to Ifrane’s Mountain Resorts
27 January 2020
Ifrane is experiencing a considerable influx of domestic and foreign tourists since the beginning of the snowfall, with an occupancy rate in some classified tourist (…)
Economy
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar: Central Bank Report
27 January 2020
The Moroccan currency appreciated by 0.18% against the euro and depreciated by 0.43% against the dollar during the period from January 16 to 22, 2020. This is what can be (…)
Morocco’s Agri-Food Exports Nearly Double, Reaching 57.7 Billion Dirhams
27 January 2020
Morocco has experienced a boom in its agri-food exports between 2010 and 2018. Exports have increased from 29.3 billion DH to 57.7 billion DH during this period.
Marjane Market Unveils New Features and Rebranding Strategy to Boost Customer Satisfaction
26 January 2020
Several months after the launch of its transformation plan, Marjane Market has unveiled its new communication campaign, revealing several new features retained to satisfy (…)
Cash Dominates Moroccan Payments: 80% of Card Transactions Used for ATM Withdrawals
26 January 2020
A significant number of Moroccans have remained attached to the practice of cash when they wish to make their purchases.
Health Ministry Corruption Scandal Exposed in Morocco Over Defective Medical Equipment
26 January 2020
The Ministry of Health is shaken by a major corruption case involving defective equipment, acquired at exorbitant prices. The fraud file was revealed following a denunciation (…)
Moroccan Business Leader Chakib Alj Elected CGEM President, Pledges Economic Reform
26 January 2020
On January 22 in Casablanca, the Elective General Assembly of the General Confederation of Enterprises of Morocco (CGEM) was held. In the end, the entrepreneur and (…)
SDX Energy Discovers Commercially Viable Gas in Morocco’s Gharb Basin
26 January 2020
SDX Energy, the gas explorer that operates natural gas fields in the Gharb basin, has drilled 7 wells as part of the 12-well drilling campaign launched in 2019.
Morocco Sees 5% Rise in Business Bankruptcies, Economic Challenges Persist
23 January 2020
Business failures increased in 2019, with 8,439 bankruptcies, an increase of 5%. Euler Hermès is pessimistic for 2020.
Meknes Tourism Boost: Two New Hotels to Add Over 1,000 Beds in $19 Million Investment
22 January 2020
Two new tourist units, with a total investment of 193.1 million dirhams, are under construction in Meknes. This will strengthen the attractiveness of the destination.