Business Headlines Morocco

Tourism Contribution in Morocco’s GDP Rose to 6.5% in 2015

The contribution of the tourism sector in Morocco’s GDP stood at 63.7 billion dirhams in 2015 compared to 61.9 billion dirhams in 2014, that is a 2.8% rise that brought the share of the sector in the overall GDP to 6.5%, the national statistics office (HCP) said. Prospects for growth in 2016 have been slightly […]

Business Headlines Morocco

Morocco Adopts Emergency Plan to Reinvigorate Tourism

Morocco’s tourism sector is undergoing a crisis propelled by decreasing tourist arrivals amid a tense regional context marked by the spread of confusions in several European tourist markets on the backdrop of the security situation in North Africa. To boost the Kingdom’s attractiveness to foreign tourists, Morocco’s tourism promotion office (ONMT) adopted an emergency plan […]

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Libya: Ryanair sets eyes on North African skies

Ryanair is in talks with Libya, Egypt and Tunisia about their markets after predicting a 3-4% growth this year. The company is Europe’s biggest low-cost airline. Its growth will be slower during this year but expects a passenger increase of up to 82.5 million in the year to March 2014 according to its chief executive […]