UK mining company Altus Strategies

Morocco’s tourist arrivals drop 78% in first nine months this year

Morocco’s tourism is counting the losses due to the coronavirus pandemic with the number of tourist arrivals plummeting by 78% to 2.2 million in the first nine months of this year. Tourism receipts, key to Morocco’s foreign exchange reserves, shrank 60% to 24.3 billion dirhams, the tourism minister Nadia Fettah Alaoui told MPs. The summer […]

Libya Refuses Egypt Entry Into Market

Despite the surging interest, Libya continues to close its door to foreign banks on the basis that the legal framework is still under preparation. One of the latest banks to have its request rejected on numerous occasions by the Libyan Monetary Authority (LMA) is the National Bank of Egypt (NBE) according to reports. The NBE […]

Royal Air Maroc Opens Casablanca-Washington Air Link

Morocco’s flag carrier, Royal Air Maroc (RAM), will be operating three flights a week from Casablanca to Washington as of this September. The inaugural flight was launched on September 8 using the Boeing 787 Dreamliner, the Moroccan airline said in a statement. The Casablanca-Washington air route is the third long-haul flight launched by RAM in […]