Casablanca finance city

Royal Air Maroc unveils ambitious fleet expansion to 200 aircraft by 2037

Morocco’s national carrier Royal Air Maroc has outlined transformative growth plans targeting a quadrupling of its fleet to 200 aircraft by 2037, positioning itself as a major global aviation player while preparing to serve as the official airline for the 2030 FIFA World Cup. Transport Minister Abdessamad Kayouh revealed the expansion strategy during question time […]

Moroccan Banks: Profits hit MAD 3.4 billion in 2019 first quarter

At the end of the first quarter of 2019, Morocco’s banking sector posted a 6% increase in profits compared to last year, with 3.4 billion dirhams (MAP). The first three months of the year 2019 were favorable for the banking sector, states local daily, l’Economist, in its Monday issue. Overall income of the banking sector […]

The View from Paris : Africa Should ‘Ensure its Own Security’

Africa must first “ensure its own security” so it can realize its “destiny”, asserted French President François Hollande when addressing some 40 African leaders as a key Franco-African security summit opened Friday in Paris. French President Hollande also pledged to help with the creation of a special African rapid-reaction force that would train as many […]