Morocco tourism

Thomas Cook collapse: Moroccan hotels to lose over $20 million

The collapse of British airline Thomas Cook will cost Moroccan hotels over $20 million (200 million dirhams) in due payments, said Morocco’s tourism operators. The local media is also speaking of a loss of 100,000 annually. Last year Thomas Cook carried 102,000 tourists mainly from Britain to the cities of Agadir and Marrakech. The tourism […]

USA Welcomes Resolution 2468 on Sahara

The United States has welcomed the adoption on Tuesday by the UN Security Council of Resolution 2468 that renews for six months the MINURSO mandate, and underlined the importance of reaching a “realistic, pragmatic, and sustainable solution” to the Sahara issue through negotiations. At the end of the vote on the resolution Tuesday, Rodney Hunter, […]

Côte d’Ivoire: SUNU Group withdraws from State-controlled BICICI

Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]