Banks Probe Fraud in Moroccan Social Housing Loan Scheme
28 January 2025
The internal control services of the banks concerned are conducting investigations into fraud operations related to the "rahn" (pledge) system in social housing apartments.
Economy
Morocco Plans $420 Million Gas-Fired Power Plant in Northern Region
27 January 2025
The National Office of Electricity and Drinking Water (ONEE) plans to build a 990 megawatt (MW) gas-fired power plant in northern Morocco at the Alwahda site near a pipeline (…)
Royal Air Maroc Among Top 5 Airlines for Mishandled Luggage, Study Finds
26 January 2025
Royal Air Maroc (RAM) is in the top 5 of airlines when it comes to mishandled baggage. This is revealed by a study conducted by a specialized platform.
France’s Air Traffic Nears Pre-Pandemic Levels, Boosted by International Routes
26 January 2025
Thanks to a significant increase in flights between Rabat and Paris, air traffic in France in 2024 has almost returned to its 2019 level.
Spain and Morocco Advance Plans for 38.5 km Undersea Tunnel
26 January 2025
The project to build a tunnel connecting Punta Paloma, in Spain, to Punta Malabata, in Morocco, is of paramount importance for the two countries.
AliExpress to Accept Moroccan Dirham Payments Starting Next Month
26 January 2025
The Moroccan dirham is about to make its entry on AliExpress. Starting next month, the Chinese e-commerce platform will allow its Moroccan customers to pay for their purchases (…)
German Firm to Conduct Feasibility Study for Morocco-Spain Tunnel
25 January 2025
Things are accelerating for the project to build a tunnel connecting Punta Paloma in Spain to Punta Malabata in Morocco. The Spanish public company for studies on fixed (…)
Morocco Unveils $40 Billion Rail Plan, Aims to Export Trains by 2040
25 January 2025
Morocco has big ambitions for the rail sector. During the presentation of a strategic plan worth a total of 400 billion dirhams to Parliament, Abdessamad Kayouh, Minister of (…)
Moroccan Fuel Companies See Profit Surge Amid Rising Prices
25 January 2025
In Morocco, fuel distributors made huge profits between the second and third quarters of 2024 to the dismay of motorists.
Morocco Becomes Top Importer of Tunisian Dates Amid Industry Challenges
24 January 2025
Morocco is consuming more and more Tunisian dates. Last December, the Kingdom of Morocco became the leading importer of this fruit, absorbing nearly 20% of Tunisian exports.