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Coronavirus costs Morocco $2 bln in tourism revenue
The losses of the tourism sector since the outbreak of the coronavirus last March rose to 18.3 billion dirhams ($2 bln) down 90.1% compared to last year, the national tourism observatory reported. The figure reflects the hard blow ensued by the tourism sector which represents 7% of Morocco’s GDP and employs directly more than 500,000 […]
Marrakesh Hosts High-Level Conference on “MedFish4Ever” Initiatives
The General Fisheries Commission for the Mediterranean (GFCM) convened in Marrakesh on June 11-12 a high level conference to renew commitments made under the MedFish4Ever declaration to ensure a long-term sustainability of Mediterranean fisheries, and explore ways of combating poverty, reducing marginalization and promoting resilient livelihoods. The MedFish4Ever declaration was signed in 2017 by 16 […]
Morocco to launch Takaful insurance soon
Morocco is putting the final touches on the Takaful insurance key to a growing participatory finance triggered by real estate mainly. Speaking at a national insurance seminar, Central Bank Governor Abdellatif Jouahri said Takaful will be launched soon as the main stakeholders are working together to finalize it. A law on Takaful was approved by […]



