Category: Business

Morocco: Tourism revenues grow by 123.3% by end of April 2022

June 27, 2022

Morocco’s tourism revenues increased by 123.3% at the end of April 2022, according to the Department of Studies and Financial Forecasts (DEPF). These revenues have ... Read More

Morocco, IMF negotiate new liquidity line

June 25, 2022

Morocco and the IMF are in the early stages of negotiating a flexible liquidity line as a precaution against external shocks, including imported inflation. The ... Read More

Tourism: Morocco starts issuing E-Visas from July 10

June 25, 2022

Morocco will start issuing electronic visas for 49 Countries as of July 10, 2022, in an effort to boost the tourism sector that was hard ... Read More

Morocco gets $250 Mln World Bank loan for economic development of Nador region

June 24, 2022

The World Bank approved Friday a $250 million loan to Morocco for the economic development of its North-Eastern region. The funding will help improve transport ... Read More

Air Arabia launches Madrid-Nador connection

June 24, 2022

Low-cost airline Air Arabia Maroc has launched Thursday its first direct flight between Madrid and the Northeastern city of Nador. Air Arabia offers two weekly ... Read More

Morocco: WB Supports Casablanca Development Plan with $100 Additional Funding

June 23, 2022

The World Bank has approved a $100 million additional financing for the Casablanca Municipal Support Program. The amount adds to the initial program of $200 ... Read More

Dakhla hosts first Moroccan-Spanish investment forum

June 22, 2022

The southern city of Dakhla hosted Tuesday the first Moroccan-Spanish investment forum to be held in the region to explore opportunities for the development of ... Read More

Safran expands its aircraft nacelle production in Morocco to meet growing demand

June 22, 2022

Safran Aerospace group has extended its aircraft nacelles production site in Casablanca. The 6,000 m2 expansion will enable the group to step up the production ... Read More

Saudia Airline resumes direct flights to Marrakech

June 22, 2022

Saudi Arabia’s airline, Saudia, has resumed its direct and seasonal flights to Marrakech, its second destination in the Kingdom of Morocco after Casablanca, with three ... Read More

Morocco’s Central Bank maintains accommodative policy to promote growth

June 21, 2022

Morocco’s central bank kept its key interest rate unchanged at an all-time low of 1.5%, in a sign that it is more concerned about promoting ... Read More