Business Culture Emerging Markets Europe Headlines International Morocco

Andalusian tour operators set eye on Northern Morocco

The Andalusian Federation of Travel Agencies (FAAV) has chosen Northern Morocco to host its second annual congress, signaling growing European interest in Morocco’s tourism offerings and strengthening ties between the neighboring kingdoms. The four-day event, held early April in the coastal city of M’diq, brought together Spanish tourism professionals to explore partnership opportunities and discover […]

Business Emerging Markets Europe Headlines International Morocco

OCP Group teams up with Maersk to deploy innovative & sustainable supply chain

Moroccan state-owned phosphate OCP Group and Maersk, a global leader in integrated logistics, have agreed to strengthen their long-standing collaboration and jointly advance innovative, resilient, and sustainable supply chain solutions. The alliance opens new chapter in the longstanding partnership between both companies, with a focus on delivering agile, digitalized, and sustainable logistics solutions to support […]

Business Emerging Markets Morocco

Akdital expands healthcare network in Laâyoune following regulatory approval

Akdital Group, Morocco’s leading private healthcare provider, has finalized the acquisition of two major medical facilities in Laâyoune-Sakia El Hamra region after receiving approval from the Competition Council. The strategic expansion includes the International Polyclinic of Laâyoune and Al Hikma Medical Center, marking Akdital’s entry into the eleventh region of its nationwide network. This significant […]

Culture Emerging Markets Headlines Morocco

Marrakech’s iconic Jamaâ El Fna Square to undergo major renovation

Jamaâ El Fna, the historic heart of Marrakech and a UNESCO-recognized cultural treasure, will soon undergo a comprehensive renovation as part of the city’s urban development program. The $10 million-project aims to modernize infrastructure while preserving the square’s authentic character that has drawn visitors for centuries. The renovation, overseen by Al Omrane Marrakech-Safi group on […]

Emerging Markets Finance Headlines Libya

Libya’s Central Bank devalues Dinar by 13.3% amid ongoing political divisions

The Central Bank of Libya (CBL) has announced a significant 13.3% devaluation of the Libyan dinar, adjusting the exchange rate to 5.5677 dinars per US dollar, effective from April 6, 2025. This decision marks a shift from the previous rate of 0.1555 to 0.1349 Special Drawing Rights (SDRs) per dinar. The move comes as part […]

Africa Americas Emerging Markets Headlines International

Trump’s new tariffs set to reshape U.S.-Africa trade relations

The United States has unveiled a sweeping new tariff regime affecting 185 countries, including 51 African nations, with rates ranging from 10% to 50% depending on each country’s existing duties on American imports. Set to take effect April 5-9, these “reciprocal tariffs” represent President Donald Trump’s latest effort to address what he termed in an […]

Asia Emerging Markets Headlines International Morocco

Kazakhstan’s Mazhilis Speaker calls for bolstering cooperation with Morocco

Speaker of the Mazhilis, lower house of the Parliament of Kazakhstan, Koshanov Yerlan Zhakanovic, called on Sunday in Tashkent, Uzbekistan, for bolstering cooperation between his country and Morocco. This came at a meeting between Zhakanovic and the Speaker of the House of Councillors, Mohamed Ould Errachid, Saturday on the sidelines of the 150th Inter-Parliamentary Union […]

Business Emerging Markets Europe Headlines International Morocco

Air Arabia Maroc resumes Madrid-Marrakech flights as of April 6; launches Nador-Murcia connection in May

Air Arabia Maroc continues to expand its international network with the resumption of Madrid-Marrakech flights as of Sunday April 6, and the launch of a new direct route between Nador and Murcia, Spain, next May 3. From April 6 until the end of October, Air Europa will operate two weekly flights between Madrid-Barajas and Marrakech, […]

Africa Business Emerging Markets Headlines International Mauritania Morocco

Royal Air Maroc, Mauritania Airlines sign codeshare agreement, increase their weekly flights

Morocco’s air carrier, Royal Air Maroc, and Mauritania Airlines signed a Memorandum of Understanding (MoU) and a “free flow” codeshare agreement for the direct Casablanca-Nouakchott air route. This strategic agreement, initialled in Casablanca on Friday, is part of both airlines’ ongoing efforts to enhance their customers’ experience, as it will allow passengers to benefit from […]

Africa Americas Business Emerging Markets Headlines International

U.S. explores multibillion-dollar mineral deals with DRC amid ongoing crisis in country’s east

The United States is engaged in talks to invest billions in the Democratic Republic of Congo (DRC), focusing on the country’s vast mineral resources, including cobalt, lithium, and uranium, crucial for global industries like electric vehicles and mobile phones. This move comes as the DRC faces ongoing conflict in its eastern regions, where Rwanda-backed M23 […]