The Moroccan Retirement Fund (CMR) is about to begin consuming its reserves very soon, thus putting the country’s pension system in deficit by early 2014. Morocco’s audit court has already warned that the entire system is facing many drawbacks and shortcomings. The news is surprising given the fact that the government promised to go on […]
Airline Company Binter on Saturday resumed direct flights between Essaouira-Mogador International Airport (ESU) and Gran Canaria Airport (LPA), marking its second consecutive year of summer links between the two destinations. Flights of the Spanish-regional airline will operate every Saturday until mid-September, with a 22% increase in capacity compared to the previous year. After a flight […]
Morocco exported 851 Ghw of electricity in 2021, worth 565 million dirhams ($60 million), as it continues to diversify its energy mix away from fossil fuels, the treasury said. Electricity exports were up 700% compared to a year earlier while imports grew only 20% to 688 Gwh, the treasury said in a recent report. The […]
