Planes leased to Royal Air Maroc sold Aircraft leasing company, Falco, has completed the acquisition of four Embraer E190s from Nordic Aviation Capital (NAC). These aircraft are currently leased to the Moroccan airline Royal Air Morocco. This operation is part of a broader agreement between Falko and NAC, relating to a portfolio of aircraft. With […]
Russian wheat imposes itself in Morocco and eclipses France Morocco expects to receive a large quantity of wheat from Russia. The world’s leading exporter of soft wheat, Vladimir Putin’s country has dethroned France and has become the kingdom’s main supplier since August 2024. Russia plans to deliver one million tonnes of soft wheat to Morocco […]
Morocco is betting big on MRE investments The government is working hard to attract investments from Moroccans living abroad (MRE). This was stated by Karim Zidane, Minister Delegate for Investment, during a question-and-answer session in the House of Representatives. Facing the deputies, he detailed the strategy put in place to encourage Moroccans around the world […]
In Morocco, the unbeatable hanouts Small business (Moul l’7 anout) constitutes an essential pillar of the Moroccan economy, representing 80% of the national local market, as revealed by Ryad Mezzour, Minister of Industry and Commerce, during an oral question session in the House of Representatives . “The small trader is at the heart of the […]
Faced with Donald Trump, Chinese companies are banking on Morocco Faced with threats from American President-elect Donald Trump to toughen customs duties on products from China, Mexico and Canada, many Chinese companies are deciding to relocate their activities to Morocco. Chinese companies seek to avoid trade tensions. After Donald Trump’s announcement concerning the closing of […]
Fuels: what the month of December has in store for Moroccan motorists Fuel prices should move in the right direction in December. A certain lull is expected to relieve Moroccan motorists. The month of December will be calm. At the start of the month, the market will be marked by stability, and this could last […]
Will Glovo pay its home delivery workers in Morocco? In Spain, Glovo, the home meal delivery company via mobile application, also present in Morocco, was forced to respect labor laws. Good news for Glovo couriers in Spain. In a press release, its majority shareholder, the German group Delivery Hero, announced that the management of the […]
Morocco attracts foreign investors Morocco is attracting foreign investment more than ever. This is evidenced by the latest report published by the Office des Changes. The net flow of foreign direct investments reached around 19.5 billion dirhams at the end of October 2024, an increase of 61.6% compared to the same period of the previous […]
The dirham falls against the dollar THE Moroccan dirham depreciated by 0.37% against the US dollar and remained almost stable against the euro during the week of November 21 to 27, 2024, according to Bank Al-Maghrib (BAM). During this period, no auction operations were carried out on the foreign exchange market, BAM reports in its […]
Morocco: new competitor for Ikea and Kitea Morocco is preparing to welcome a new furniture giant. Jysk, the Danish chain known for its furniture, bedding and decorative items, is due to arrive in the kingdom soon. From April 2025, Moroccans will be able to find an alternative to Kitea or Ikea and discover the brand’s […]