Moroccan Real Estate Giant Alliances to Build 9,900 New Homes Nationwide
2 October 2019
The real estate group, Alliances, led by Alami Lazraq, has launched 6 new projects involving the construction of more than 9,900 housing units, nationwide.
Economy
Morocco’s GDP Growth Slows to 2.5% as Agriculture Sector Declines
2 October 2019
The economy experienced a slowdown in the second quarter of this year compared to 2018, according to an Information Note from the High Commission for Planning (HCP), published (…)
Pharmaceutical Industry Tops Morocco’s Highest-Paying Sectors, Study Finds
1 October 2019
The pharmaceutical sector is considered the most lucrative in terms of salaries, according to a recent study by Diorh-Mercer.
French Tourists Forced to Pay $1,700 Hotel Bill Twice After Thomas Cook Collapse
1 October 2019
The Thomas Cook affair continues to cause problems for many travelers. At the end of their stay in Marrakech, a French couple on vacation in Morocco was forced, last Friday, to (…)
African Development Bank Invests $3 Billion in Morocco, Largest Portfolio in Africa
30 September 2019
Morocco is recognized as the first client of the African Development Bank (AfDB). This is due to the active portfolio of the banking institution in the Kingdom, which totaled (…)
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar in Latest Exchange Rates
30 September 2019
The Moroccan dirham appreciated between September 19 and 25, by 0.20% against the euro and depreciated by 0.24% against the dollar.
Thomas Cook Collapse: Morocco Ensures 268 Stranded Tourists Complete Vacations in Agadir
30 September 2019
After the bankruptcy of the tour operator, Thomas Cook, the Moroccan National Tourist Office (ONMT) is pulling out all the stops to guarantee the end of stay for the 268 (…)
Moroccan Hygiene Products Firm Expands with New Casablanca Factory, Boosting Output 12-Fold
30 September 2019
A new factory has been inaugurated in Casablanca by Mercure industrie, a Moroccan specialist in hygiene products and solutions. Through this new investment, the company is (…)
Bolloré Logistics Expands Operations in Morocco with New Just-in-Time Warehouse
30 September 2019
Bolloré logistics Morocco has just carried out a warehousing and just-in-time (JIT) order management operation for its client, Sews-Ce.
Record Bank Liquidity Demand in Morocco as Consumption Soars
29 September 2019
The reasons why some ATMs were dry in August are known. Bank Al-Maghrib (BAM) reports that liquidity needs have reached unprecedented levels. And, according to the data (…)