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Morocco’s Flag-carrier & American Airlines Seal Code-Share Deal

Royal Air Maroc (RAM) and American Airlines have sealed a code-share deal, which will allow smoother connections for passengers of both airlines. The deal is due to go into effect on Dec.26. The deal will enable AA’s customers to buy selected RAM flights to Casablanca, Morocco (CMN), which will provide connecting service to Marrakech. Early […]

Finnish Fund Invests $10 million in Moroccan health Group to promote private healthcare sector in Morocco

OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund, has invested $10 million in equity in CIM Santé Group, a leading Moroccan private healthcare group. Through this investment, OP Finnfund Global Impact Fund I aims to foster the development of Morocco’s healthcare sector, accessibility to quality care, and support gender […]

Egypt’s current account deficit narrows amid surge in remittances, tourism revenue

Egypt’s current account deficit narrowed significantly to $13.2 billion during the first nine months of the 2024/2025 fiscal year, down from $17.1 billion a year earlier, the Central Bank of Egypt announced on Tuesday, July 22. This improvement was driven primarily by an 86.6% surge in remittances from Egyptians abroad, reaching $26.4 billion, and a […]