Moroccan Motorway Company Reports 5.3% Revenue Increase to 3.1 Billion Dirhams
27 February 2020
The Moroccan Motorway Company (ADM) saw its net tax revenue increase by 5.3% to reach 3.1 billion dirhams.
Revenue
Inwi Money Gains 140,000 Users, Processes 7 Million Dirhams in 4 Months
17 January 2020
Inwi money, the first and only mobile money subsidiary of Telecom Inwi, has recorded a total of 140,000 customers and 7 million dirhams in transactions, after 4 months of activity.
Ceuta Border Reopens: Cross-Border Trade Resumes After Weeks-Long Closure
31 October 2019
Closed a few weeks ago due to incidents, the Ceuta border has regained the normal course of its cross-border traffic since Monday, October 28, 2019, according to the (…)
Morocco’s Exports Surge 10.6%, Boosting Global Market Share and Product Diversity
23 October 2019
Moroccan exports recorded a 10.6% increase last year, compared to 10.3% in 2017, which indicates an average annual increase of 4.3% over the 2008-2014 period. This performance, (…)
Amazon Invests $10 Million to Expand Operations in Morocco
18 October 2019
Some 100 million dirhams are being injected by Amazon, the world’s largest listed company, into its Moroccan subsidiary, Amazon Support Services.
Morocco’s Car Rental Industry Slumps Despite Tourism Boom
27 September 2019
The turnover of car rental companies did not share the same fate as the tourism sector. Even though tourist arrivals increased during the last summer season, vacationers did (…)
Morocco Considers Cannabis Legalization for Medical Research and Therapy
21 September 2019
The Tanger Appeal took place three years ago. It resulted from the International Colloquium on Cannabis and Drugs. Its participants had launched an appeal for the (…)
Agadir Restaurants Face Economic Downturn Despite Summer Tourism Boost
15 September 2019
In Agadir, restaurateurs are recording a turnover lower than before. The reason is the slowdown in activity in the seaside tourist area.
Morocco’s Auto Sales Plummet 10% in August, Major Brands See Sharp Declines
6 September 2019
A crisis that does not say its name: 10,231 new vehicles, all classifications combined, found buyers in August 2019. This is precisely what the statistics of the Association of (…)
Morocco’s Tourism Revenue Soars: French, American, and German Visitors Lead Growth
5 September 2019
Tourism revenues have seen a marked increase between 2016 and 2018. French, German, American, Italian and Chinese tourists are the major contributors.