Inditex (Zara, Massimo Dutti,...) abandons China for Morocco
19 March 2024
Inditex has decided to reduce its dependence on China and source more from Morocco, India and Pakistan.
Economy
Moroccan highways boost business activity
18 March 2024
Public investments in road infrastructure have a positive impact on private investments and, consequently, the Moroccan economy. This is the finding of a study carried out by (…)
The Moroccan dirham falls against the euro
18 March 2024
The Moroccan dirham remained almost stable against the US dollar and depreciated by 0.55% against the euro, during the period from March 7 to 13, according to Bank Al-Maghrib (…)
Morocco: Chariot Oil & Gas plans to export gas
17 March 2024
In Morocco, the British company specializing in gas exploration, Chariot Oil & Gas, is active in the commercialization of its natural gas extracted from the exploration (…)
Transavia offers new flights to Morocco
17 March 2024
Transavia France, the low-cost subsidiary of the Air France KLM group, will launch two new air routes to Morocco as part of the strengthening of its summer vacation flight (…)
Morocco ready for dirham flexibility
17 March 2024
Bank Al-Maghrib (BAM) is well positioned to initiate the transition to a floating dirham. This is what the recent report by Capital Economics, an independent economic research (…)
Submarine cable with Morocco: the United Kingdom excluded from the project?
14 March 2024
Xlinks, the company in charge of building the 3,800 km submarine cable to connect Morocco to the United Kingdom, assures that it has no intention of excluding the country of (…)
Moroccan real estate market: renewed dynamism after a difficult year
14 March 2024
The Moroccan real estate market has rebounded in 2023, according to the real estate asset price index, developed by Bank Al-Maghrib (BAM) and the National Agency for Land (…)
Moroccan Dirham Strengthens Against Dollar and Euro as Foreign Reserves Rise
12 March 2024
The Moroccan dirham appreciated by 0.84% against the US dollar and 0.31% against the euro during the period from February 29 to March 6, according to Bank Al-Maghrib (BAM).
Spain Invests €1.78 Billion to Boost Algeciras Port, Competing with Tanger Med
12 March 2024
The Port of Algeciras has decided to follow in the footsteps of Tanger Med, whose model has allowed it to dethrone it and become the first port in the Strait.