Spanish Construction Firm Rubau Tarres Exits Morocco After 5-Year Boom
24 May 2021
After 5 flourishing years in the construction sector in Morocco, the Spanish group Rubau Tarres, based in Tangier, has handed over the keys.
Revenue
Trade Persists Between Morocco and Algeria Despite Diplomatic Tensions
20 May 2021
Relations between the two "brotherly countries", Morocco and Algeria, have never been a long quiet river and in recent months, they have hardened even further with the eternal (…)
Morocco’s Tourism Industry Faces 78% Drop in Arrivals, $600 Million Revenue Loss
19 May 2021
Moroccan tourism is still shaken by the Covid pandemic. Despite the measures taken to mitigate the impact of the pandemic on the sector, arrivals of tourists at border posts (…)
Morocco’s Vaccination Drive Boosts Economic Optimism, Study Finds
15 May 2021
The vaccination strategy implemented by the Moroccan authorities to meet the challenge of herd immunity is reviving the hope of a new dynamic in the business climate in the (…)
Moroccan Chocolate Sales Surge Despite Pandemic, Nestlé Reports Growth
14 May 2021
Chocolate consumption has increased despite Covid. Chocolate bars and bars are increasingly sold. This is what can be understood from the data published by the boss of one of (…)
Morocco’s Auto Sales Surge 37% in Q1 2021, Signaling Recovery
4 April 2021
The automotive market in Morocco is finally regaining its pre-crisis momentum. In March 2021, 16,717 new vehicles were sold, an increase of 18.46% compared to February 2021.
Moroccan Transport Giant CTM Reports 43% Revenue Drop Amid COVID-19 Restrictions
4 March 2021
The coronavirus health crisis has strongly impacted the consolidated turnover of the Compagnie des transports du Maroc (CTM), which stood at 373 million DH, a decrease of (…)
Moroccan Immigrant Family Builds Vegetable Empire in Spain, Employing 250
22 February 2021
In the vegetable sector in Spain, the company Frutas Azahara, led by a family of Moroccan origin, holds a prominent place. Arriving in Spain in the 1990s with little means, (…)
Morocco’s Tourist Transport Industry Struggles Amid Pandemic Slump
21 January 2021
The health crisis related to the coronavirus pandemic has strongly impacted all the links in the tourism sector in Morocco. Tourist transport companies are facing a difficult (…)
Morocco’s Pastry Chefs Face Holiday Slump Amid COVID-19 Restrictions
31 December 2020
A year ago, the year-end holiday season rhymed with overflows and cash inflows for pastry chefs who set the date beyond which no more orders would be received. But with the (…)