OCP Group Poised to Acquire Luxury Hotel Mamounia in Moroccan Privatization Deal
9 July 2019
As part of its planned privatization for 2019 by the Ministry of Economy and Finance, the OCP Group is the favorite to take over the Mamounia.
Economy
Dakhla Airport Sees 20% Surge in Passenger Traffic, Ranks 9th in Morocco
9 July 2019
The 2018 fiscal year was prosperous for the Dakhla Airport, which saw a 20.23% increase in user movement, or 202,645 passengers.
Morocco Aligns Tax Regime with EU Demands to Avoid Blacklisting
8 July 2019
Starting in 2020, the Casablanca business and finance hub, CFC Casablanca, will establish the same tax regime for companies on both export and local activities. This decision (…)
Morocco Faces Education Crisis: High Illiteracy Rates and Graduate Unemployment Plague Nation
8 July 2019
In its 2018 Report on Education, Training and Scientific Research, the High Commission for Planning (HCP) has provided surprising data on education in Morocco. More than a (…)
British Firm "Europa Oil & Gas" Negotiates Offshore Exploration Permit in Morocco
8 July 2019
An exploration operation off the Moroccan Atlantic coast is about to start, with the British oil and gas exploration and production company "Europa Oil & Gas".
Moroccan Diaspora Remittances Drop 3.4% in 2019, Office des Changes Reports
6 July 2019
A significant drop is observed in 2019 in the remittances of Moroccans residing abroad (MRE). These transfers, which reached 25.86 billion dirhams in the first five months of (…)
Thomas Cook Airlines Launches New London-Marrakech Route for Winter Season
6 July 2019
The city of Marrakech continues to attract international airlines. This is the case, for example, of Thomas Cook airlines which announces its second flight to Morocco.
Morocco’s Self-Employed Status Falls Short of Job Creation Goals, Faces Communication Challenges
4 July 2019
Four years after its launch, the self-employed status, supposed to reduce unemployment, has allowed the creation of more than 100,000 jobs, out of a target population of 4 (…)
Bouygues Immobilier Exits Morocco, Citing Market Uncertainty
3 July 2019
Bouygues Immobilier Maroc is on its way out. By setting up in the Kingdom, this global group was reassuring of a long-term partnership, thanks to the Moroccan market, which it (…)
Royal Air Maroc Expands European Routes with New Flights to Rotterdam and London-Gatwick
3 July 2019
The Moroccan airline, Royal Air Maroc, has just announced new flights, starting next fall. It is thus planned to serve Rotterdam and London-Gatwick, from Nador, Tangier and Rabat.