King Mohammed VI & Pedro sanchez

Morocco Emerges as Prime Destination for International Franchise Expansion

Morocco has positioned itself as an increasingly attractive market for international franchises, drawing brands from Europe, America, and Asia seeking fresh growth opportunities. The country’s appeal stems from several strategic advantages: its geographical proximity to Europe, a population exceeding 37 million, and an annual influx of nearly 20 million tourists. Urban expansion in cities like […]

Algeria urged to do more coronavirus tests

Algeria is not doing enough tests, which makes it hard to assess the scale of the coronavirus outbreak in the country, head of Pasteur Institute in Algeria and doctors said. The North African country conducts 400 tests daily for a population of some 37 million people. It has so far confirmed 5558 cases with a […]

Morocco cuts budget deficit to 6% of GDP in 2021

Thanks to an economic recovery and better tax revenue, the Moroccan government reduced its fiscal deficit to 6% of GDP in 2021 from 7% a year earlier, the finance ministry said. The deficit stood at 70.9 billion dirhams, down from 82.3 billion dirhams in 2020, a year in which Morocco imposed a three-month long lockdown […]