Like other airlines across the globe, the coronavirus pandemic has disrupted the plans of Moroccan airline plans for regional expansion pushing it to cut staff, axe routes and adopt painful austerity measures. The company plans to lay off 750 employees including 150 pilots, in a move that is met with fierce resistance from unions. The […]
A bipartisan group of U.S. congressmen urged President Joe Biden to waive duties on fertilizer imports from Morocco and Trinidad & Tobago following the spike of fertilizer prices because of a severe supply shortage. Over thirty senators and House representatives sent on Thursday a letter to President Biden requesting him to help U.S. farmers with […]
Akdital, a Moroccan group that owns 15 clinics in Morocco, plans an Initial Public Offering at the Casablanca stock exchange to raise 1.2 billion dirhams. The IPO is the second on the Casablanca stock exchange which aims to attract similar offerings from Moroccan enterprises. In recent months, the bourse launched a campaign to […]
