Morocco keeps budget deficit in check despite rising spending in first half of 2025

Morocco’s budget deficit remained within manageable limits during the first half of 2025, despite an increase in public spending, according to new figures released by the General Treasury of the Kingdom (TGR). As of the end of June, the deficit stood at 24.8 billion dirhams, a level consistent with the targets set in the 2025 […]

Spanish Aciturri aeronautics group acquires moroccan GOAM, moves to Casablanca

The Spanish aerospace group Aciturri Aeroengines moved into Casablanca following the acquisition of the Moroccan company GOAM Industrie. “Aciturri Aeroengines has officially acquired GOAM Industrie, a manufacturer of engine components located in Casablanca’s Midpark, specializing in the production of turbine and aircraft engine parts,” stated the Spanish group in a statement posted on the social […]

Morocco looks for alternatives to offset Thomas Cook collapse

The fall of Thomas Cook will cause a drop of 100,000 tourists pushing Morocco’s tourism promotion office to seek alternatives in France through opening new air routes operated by low-cost airlines. Fourteen additional routes were opened linking Moroccan and French cities. British low-cost airline EasyJet will operate two flights a week from Nantes to Agadir […]