Economy

Questioned by the Haraki group on the strengthening of hotel infrastructure, Fatima Zahra Ammor, Minister of Tourism, Handicrafts, Social and Solidarity Economy, unveiled an ambitious program aimed at accelerating the improvement of the hotel offer, before the Africa Cup of Nations (CAN Morocco 2025) and the 2030 World Cup.
Responding to questions from deputies Driss Sentissi and Adel Sebaï from the Haraki group, Fatima Zahra Ammor highlighted the actions taken by her department as part (…)

The Moroccan dirham appreciated by 1.3% against the US dollar and depreciated by 0.6% against the euro, during the period from March 6 to 12, according to Bank Al-Maghrib (BAM).
During this period, no auction operation was carried out on the foreign exchange market, the Moroccan central bank said in its weekly bulletin.
The official reserve assets stood at 367.9 billion dirhams (MMDH) as of February 28, almost stagnant compared to the previous week and up 2.3% year-on-year.
In the (…)

The European Union (EU) is determined to fully use trade defense instruments to protect its industry and the jobs it generates from Morocco.
"The European Commission has imposed countervailing duties on imports of aluminum wheels from Morocco, thus protecting EU producers and defending 16,600 jobs against unfair trade practices," reads an article published on the institution’s website. The duties imposed vary from 5.6%, for the producer-exporter benefiting only from Moroccan subsidies, (…)

The real estate market in Casablanca experienced a mixed end to 2024, marked by divergent trends depending on the categories of properties.
At the end of 2024, prices in Casablanca generally increased by 2.1%. This increase is driven by the marked increase in the price of land (+7.1%) and, to a lesser extent, by the increase in commercial properties (+2.5%). Residential properties are experiencing a more moderate evolution (+1.8%), with disparities: +1.7% for apartments, +5.3% for houses (…)

The former castle of King Mohammed VI, inherited from his father, the late Hassan II, located in the commune of Gretz-Armainvilliers, in Seine-et-Marne, is considered the most expensive property for sale in France. One of the most prosperous companies in the luxury real estate sector is looking for a buyer.
The former castle of King Mohammed VI has been put up for sale for 180 million euros. "On the French market, it is certainly the most expensive property for sale at the moment," (…)

The real estate market in Marrakech experienced a spectacular rebound at the end of 2024. After a slump in the previous quarter, transactions have exploded, showing triple-digit growth. An upturn that confirms the recovery, even if disparities persist depending on the types of properties.
The figures speak for themselves. According to the real estate asset price indices (IPAI) and Bank Al-Maghrib and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC), real estate (…)

Travelers using the low-cost airline Ryanair’s services must inquire about the procedures regarding the boarding pass. While the digital version is generally accepted, the paper printout remains mandatory in certain countries, including Morocco.
Ryanair, known for its specific pricing policy, applies fees for certain services, including printing the boarding pass at the airport. Travelers have reported having to pay for this service, as stipulated by the company on its website.
The (…)

The real estate market in Morocco has seen a significant rebound in activity in the fourth quarter of 2024, after a more subdued period. The figures speak for themselves. The real estate asset price index rose by 1.1%, driven by the good performance of all property categories.
This overall increase hides different dynamics. Residential, the driving force of the sector, shows a 1.3% increase in prices. Land is not left behind with a similar increase (1.4%), while commercial properties (…)

For about ten years, the Russian automobile manufacturer Kamaz, a leader in the production of heavy trucks, has been seeking to establish itself in Morocco, one of its priority expansion markets in Africa. It has not given up on this ambition.
Kamaz wishes to penetrate new markets in Africa, including Morocco, the press service of the automobile manufacturer reported to the Russian news agency TASS. "We are represented on the African market in many countries and are interested in (…)

In Morocco, real estate prices remained stable throughout 2024 compared to the previous year, but transactions recorded an increase. This is the result of a joint study by Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).
A joint study by Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) shows that the real estate asset price index (IPAI) remained stable throughout 2024 compared to (…)