Royal Air Maroc

OCP reports over $9 Bln in revenues by end of Sept. 2025

The revenues of the OCP group have increased over the first nine months of 2025 to $9.04 billion up from $6.95 billion reported the same period last year. Growth was driven primarily by higher export volumes of phosphate rock and fertilizers, supported by strong global demand and OCP’s ability to meet incremental regional demand, said […]

Moroccans spent $44 million on Schengen visa fees in 2018

More and more middle class Moroccans apply for Schengen visas mostly to spend their holidays in the EU much to the benefit of Schengen countries consulates in the north African country that amassed $44 million (420 million dirhams) in 2018. Total money spent on failed visa applications stood at 77 million dirhams as Schengen countries […]

Tunisia’s Foreign Reserves Shrink to $4.6 bln

Due to a crisis that has hit vital sectors of the Tunisian economy, Tunis continues to eat into its foreign exchange reserves, which have dwindled to $4.6 billion covering 80 days of exports, the central bank said. The bank attributed the decline to the country’s need to use foreign exchange funds at the beginning of […]