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Category: Business
Morocco, IMF negotiate new liquidity line
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
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
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
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
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
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
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
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
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
Moroccan King’s roadmap for genuine African investment industry
King Mohammed VI has laid out his vision to spur a genuine African investment industry that can guarantee massive, sustainable mobilization of capital and ensure ... Read More