Moroccan dirham falls against the euro THE Moroccan dirham appreciated by 0.23% against the US dollar and depreciated by 0.58% against the euro during the period from September 12 to 18, 2024, according to Al-Maghrib Bank (BAM). During this period, no auction operations were carried out on the change market, BAM specifies in its weekly […]
Turkish embargo: Israel turns to Moroccan cars The trade embargo imposed by Turkey on Tel Aviv due to the ongoing war in the Gaza Strip is causing serious disruptions in the Israeli automotive sector. Faced with this situation, Israel has turned to Morocco to import cars produced on its territory. Turkey halted trade with Israel […]
A Moroccan city popular with the French According to a travel search engine ranking, Marrakech remains the favorite destination of the French. Many of them went there to enjoy the sun and spend pleasant moments. Many French people went on holiday this summer. According to an initial assessment of the summer carried out by the […]
Tourism: Morocco breaks historic record Morocco’s tourism revenues reached a new record during the first seven months of 2024, particularly during the summer period. According to Fatim-Zahra Ammor, Minister of Tourism, these revenues jumped by 3.5% compared to the same period the previous year, reaching 59.4 billion dirhams. An increase of 2 billion dirhams which […]
Towards the end of Starbucks in Morocco? The boycott campaigns launched in several Arab countries such as Morocco, Egypt and Jordan in response to the Israeli offensive in the Gaza Strip have had significant consequences for the American coffee chain Starbucks managed by the Kuwaiti Alshaya group. The sale of shares in Starbucks’ Middle East […]
Marrakech: British overtake French Marrakech is still a popular destination, and France remains its leading European market. But the ochre city is increasingly attracting the British, who could dethrone the French. According to the tourism delegation’s dashboard, the city’s classified establishments received some 1,766,786 tourists at the end of July, which generated 5.3 million overnight […]
Egyptian giant expands hotel empire to Morocco The Egyptian group PickalbatrosEgypt’s tourism heavyweight, is continuing its expansion in Morocco by acquiring four new hotels this year. This operation brings its total hotel capacity in the kingdom to more than 2,600 rooms, according to Kamal Abou Ali, the group’s chairman, without revealing the amount of these […]
Lawyer: Morocco has a formidable competitor Avocados produced in Morocco are highly prized in Europe due to several competitive advantages. But the kingdom now has a formidable competitor. “We are mainly facing competition from Colombia, with whom we share the same export window,” he says. Media24 Abdellah Elyamlahi, President of the Morocco Avocado Association (MAVA). […]
CMA CGM increases its rates between Morocco and France From October, the French shipping group CMA CGM will increase its prices for the transport of cars on roll-on/roll-off (RO-RO) ships from France to Morocco, Algeria and Tunisia. “Following the change in bunker prices recorded since the last adjustment of fuel surcharges, CMA CGM has decided […]
A Moroccan city among the favorite destinations of the French A Moroccan city is the first long-haul destination favored by the French for the All Saints’ Day holidays. This is what emerges from the ranking of a specialized site. Many French people want to go to Marrakech during the All Saints’ Day holidays to enjoy […]