During the holy month of Ramadan, the delicacies of bakeries and pastry shops compete for the Iftar table of Casablancans despite the strong promotion of traditional dishes during this period. The inhabitants of the metropolis do not shy away from the pleasure of consuming modern recipes offered by bakeries and pastry shops.
The month of Ramadan, although carrying several graces, does not yet make the Moroccan economy happy. While some sectors are making a profit, others are at the bottom of the pit.
Over the first ten months of 2020, the local authorities of the kingdom have generated a global surplus of 3 billion dirhams. A profit, however, far from that obtained in 2019.
Spanish investors are preparing to seize the opportunities offered by the Moroccan market. This is thanks to the recent decision by the government to ease the conditions for foreign professionals to access the national territory.
The Lesieur Cristal company is at its best. It has not been affected by the economic crisis caused by Covid-19.
After his legal troubles and his troubles in the business world, Dominique Strauss-Kahn had the time and opportunity to get back on his feet through his consulting firm, based in Morocco. With Parnasse International, the former IMF director has made a colossal fortune and does not envisage a return to politics.
The company Vivo Energy Maroc, specialized in the marketing of Shell products, is the subject of an investigation. The Competition Council is behind this.
While it was 19.62 billion dirhams last year, the flow of foreign direct investment (FDI) in Morocco reached nearly 13.35 billion dirhams (MMDH) by the end of September 2019, according to the Foreign Exchange Office, a decrease of 32%.
Maroc Telecom published, for the first nine months of 2019, an adjusted net result attributable to the Group of 4,647 million dirhams, up 1.3% on a comparable basis, and an EBITDA of 14.4 billion, up 4.9% on a comparable basis. The Moroccan operator explains that it has benefited from the continued efforts to optimize costs, for revenues of 27.3 billion dirhams, up 0.9% on a comparable basis, thanks to mobile data.
Golf capital, the city of Marrakech intends to reap the benefits for the 2019 edition of the Golf travel market (IGTM) which it has been hosting since the beginning of this week. For four days that this meeting of golfers will last, the ochre city intends to play its part to attract even more tourists.
The French automaker Peugeot, by setting up in Kenitra, seems to have influenced other companies in the sector, which, according to Jeune Afrique, believe that Morocco offers more opportunities in terms of liberal policy and political stability.
Morocco’s total average grape production is 357,000 tons per year and generates around 200 million dirhams, according to a detailed point by the Minister of Agriculture, Aziz Akhannouch.