Morocco’s Unemployment Rate Drops to 8.5% in Second Quarter 2019
11 August 2019
In Morocco, the unemployment rate has officially seen a significant decline during the 2nd quarter of 2019.
Economy
Drought Slashes Morocco’s Cereal Production by 50%, Yield Falls to 52 Million Quintals
10 August 2019
Cereal production in Morocco is down sharply. For the 2018-2019 season, it is expected to reach 52 million quintals. This performance is reduced by half, compared to the (…)
American Airlines Launches First-Ever Route to Africa with Philadelphia-Casablanca Flight
10 August 2019
"American Airlines" intends to launch five new intercontinental routes next summer. Among them, Philadelphia-Casablanca, a first for the airline that has not been interested in (…)
Al Hoceima’s Pristine Beaches Draw Moroccan Expats and Foreign Tourists
10 August 2019
The most renowned beaches of Al Hoceima such as "Quemado", "Tala Youssef", "Badès" and "Sfiha", are the favorites of Moroccans living abroad (MRE) and foreign vacationers. (…)
Moroccan Foreign Investments Surge 68% to $444 Million in First Half of Year
10 August 2019
Moroccan investments abroad have increased by 68.1% in the first half, reaching 4.2 billion dirhams (444 million dollars) at the end of June, according to the latest figures (…)
Morocco Emerges as Spain’s Top Electricity Exporter, Boosted by Renewable Energy
9 August 2019
76% of electricity exchanges between the two countries are provided by the Kingdom. According to data from the semi-public Spanish operator, Red electrica de España, Morocco (…)
Morocco’s Economic Growth Potential Hindered by Private Sector Challenges, World Bank Reports
8 August 2019
The Government’s efforts are generating a lasting impact on the national economy, which has grown. However, efforts remain to be made at the level of the dynamics of the (…)
EasyJet Expands Morocco Routes with New Agadir-Toulouse Flight
8 August 2019
The British airline, EasyJet, is preparing to launch the Agadir-Toulouse route next October. This new line will accompany the growth that the "Agadir" destination is experiencing.
Casablanca Water Utility Refutes Ex-Employee’s Claims, Assures Safe Drinking Water
8 August 2019
The drinking water distribution company, Lydec, has refuted the unfavorable comments of a retired employee of the company on the quality of its services in the Greater (…)
Morocco’s Industrial Sector Shows Growth in Food and Metallurgy, BAM Survey Reveals
7 August 2019
Industrial production and sales increased in June 2019. This is the main finding of the Monthly Business Survey in Industry, carried out by Bank Al-Maghrib (BAM).