moroccan banks

Morocco’s tourism boom attracts Spanish conglomerate Hotusa

Following suit to other major Spanish hotel groups, conglomerate Hotusa revealed plans to have a footprint in Morocco through its hotel subsidiary, Eurostars Hotel Company. The group disclosed, in a recent announcement, that it would inaugurate three hotels in the North African Kingdom, with openings slated for 2024 and 2025. The inaugural property, Eurostars Casa […]

Morocco Equips its F16 Fighters with Anti-ship Missiles

Morocco has acquired the mighty anti-ship AGM84 missiles that will be carried by its F16 fleet, Moroccan defense news website Far-Maroc said. The new weapon will further boost Morocco’s deterrence capabilities in its arms race with neighboring Algeria. The two countries are bogged down in a cold war against the backdrop of Algeria’s support for […]

Cars Top Morocco’s Exports in First Half of 2018

Cars dominated Morocco’s exports in the first six months of 2018 with 35.973 billion Dirhams, as the country continues to attract automotive investments. Home to investments by French giants such as Renault and Peugeot, Morocco unseated South Africa as the largest car producer in the continent. Car exports, a valuable source of foreign currency for […]