World Bank analyzes Moroccan tourism in detail Tourism represents about 7% of GDP and generates more than 500,000 direct jobs, or about 5% of the Moroccan working population. This is what emerges from the latest report of the World Bank on the economic situation of Morocco. The World Bank, in its latest report on the […]
Morocco: carbon tax is coming The Ministry of Economy and Finance, in collaboration with the Ministry of Energy Transition and Sustainable Development and the General Treasury of the Kingdom (TGR), plans to implement several major reforms set out in the 2025 Finance Bill (PLF). One of these reforms is the establishment of a system for […]
A Sables-d’Olonne man revives his family’s olive grove in Morocco to produce organic oil A Moroccan resident of Les Sables-d’Olonne has taken over the family olive grove to import an entirely organic oil into Vendée. Abdel Bel Haj, a 53-year-old from Sables-d’Olonne, originally a construction worker, gave up everything to implement a project that honored […]
Moroccan dirham strengthens against euro The Moroccan dirham appreciated by 0.3% against the euro and by 0.1% against the US dollar during the period from September 5 to 11, 2024, according to Al-Maghrib Bank (BAM). During this period, no auction operations were carried out on the foreign exchange market, BAM said in its weekly bulletin.
Morocco: family record books sold at a high price In Morocco, individuals are taking advantage of the shortage of family record books noted in certain municipalities due to the shortage of remaining stocks, to sell these documents at high prices. Family record books are sold for 1,000 dirhams on the black market. This is what […]
Historic sanction for Maroc Telecom Maroc Telecom has complied with the decision of the Rabat commercial court. The historic operator had been fined for anti-competitive practices. Last July, the Casablanca Commercial Court of Appeal upheld Maroc Telecom’s conviction for abuse of a dominant position. The historic operator had 10 days to pay compensation of 6.4 […]
Why Moroccans Choose to Spend Their Holidays Abroad Many Moroccans increasingly prefer to spend their holidays abroad, particularly in Spain, Turkey and Egypt, rather than in Morocco. What explains this new trend? Rates considered high, poverty of the national hotel offer, lack of individual freedoms and deficit in entertainment … These are among others the […]
Royal Air Maroc: passengers deprived of their flights The airline Royal Air Maroc (RAM) has been criticised by a member of parliament for not respecting some of its passengers and flight schedules. MP Hicham Sabiry, a member of the Authenticity and Modernity Party, recently questioned the Minister of Transport and Logistics on the difficulties encountered […]
New gas discovery in Morocco British energy company Chariot Limited announced on Wednesday that it has natural gas discovery on the Anchois-3 well, located off the Moroccan coast. Initial analyses of the Anchois-3 well have revealed the presence of gas reservoirs in the B sands, a key area for assessing the region’s gas potential. However, […]
Kazyon and BIM: duel at the top of Moroccan hard discount Slowly but gradually, the Egyptian group Kazyon, specializing in the format of small distribution of consumer goods, is establishing itself as a competitor to the convenience store of the Turkish hard discounter BIM Stores. Nearly a year after its establishment in Morocco, the Egyptian […]