The real estate sector in Casablanca has been hit hard by the health crisis. Proof of this, the real estate companies listed on the stock exchange, Addoha and Alliances, have lost in profitability, and their turnover has fallen by more than 50% for one and nearly 40% for the other.
Covid-19 obliges, the 2020/2021 university year has seen some changes. Moroccan students, used to a "normal" enrollment process, are facing several difficulties, including the delay in the payment of their scholarship.
While they had fallen during the confinement period, the prices of the various fuels are now on the rise again in the Moroccan service stations.
The company Sefania and the H&A Holding have withdrawn their complaints against Hynd Bouhia , following an amicable settlement between the parties. The plaintiffs received certified checks from the accused as well as a repayment schedule.
The Moroccan dirham appreciated by 0.54% against the euro and 0.19% against the dollar during the period from April 30 to May 6, 2020.
On the stock market, the value of the MASI fell 1.78% to 830 DH on a volume of 7.7 million DH. It thus deepens its losses over one year to 25%.
At the close of the trading session on Monday, March 16, the MASI lost 8.82%. An unprecedented drop for the Casablanca stock exchange.
Moroccan officers have been staying in Conakry for a few days to supervise a training course for 300 Guinean soldiers as part of the cooperation between the two countries.
The dirham appreciated by 0.11% against the dollar and remained almost stable against the euro during the period from October 31 to November 6, according to Bank Al-Maghrib (BAM)’s weekly indicators.
Starting next year, Moroccans will be able to hold foreign currency accounts or convertible dirham accounts with Moroccan banks, according to the Finance Minister.
The Moroccan dirham lost 0.20% against the euro and 0.76% against the US currency, in the period from October 24 to 30, according to the weekly indicators released by Bank Al-Maghrib (BAM).
The dirham rose 0.39% against the dollar and stabilized against the euro during the period from October 3 to 9, according to Bank Al-Maghrib (BAM).