The Moroccan TGV, a success that inspires other railway projects Morocco is establishing itself as the African leader in the railway sector. This is demonstrated by its great ambitions recorded in the Morocco 2040 Rail Plan developed by the National Railways Office (ONCF). In an article published on August 1, Newsweek highlights the ambitious Plan […]
Tangier: the tourists’ ordeal In Morocco, difficulties are piling up for foreign and Moroccan tourists. In addition to the soaring prices of services in restaurants, cafes and shops, many tourists are experiencing enormous difficulties in getting around Tangier. Many tourists are forced to wait for long hours every day under the scorching sun at the […]
Bank Al-Maghrib discusses the flexibility of the dirham In its 2023 annual report, Bank Al-Maghrib (BAM) said it was satisfied with the “good conditions” in which the flexibility of the exchange rate regime is evolving. “Given a favorable market effect, the dirham ended the year with an appreciation of 5.6% against the American currency and […]
The solidity of Moroccan banks confirmed In its annual financial stability report in 2023, Bank Al-Maghrib (BAM) highlights the solidity of banking institutions, the main source of financing for the Moroccan economy. Despite the difficult economic context, the banking sector has shown solidity in terms of activities, profitability, liquidity and capital adequacy, notes the Central […]
Morocco: Party halls complain about the “absence” of weddings In Morocco, attendance at wedding halls has dropped considerably this summer, to the point of worrying several managers. Has the end of traditional wedding venues come? According to owners, these venues are experiencing a dramatic drop in attendance this summer. The number of parties and weddings […]
The Moroccan automobile market is regaining its colour The Moroccan automobile market shows an encouraging rebound in July 2024, with 14,219 new vehicles sold, an increase of 8.42% compared to July 2023. This summer improvement follows a slight decline the previous month. With a total of 96,505 units sold since the beginning of the year, […]
A historic agreement between Morocco and the United Arab Emirates A new era of shared economic growth is dawning for Morocco and the United Arab Emirates. The two countries have successfully concluded negotiations towards the establishment of a Comprehensive Economic Partnership Agreement (CEPA). Eleven years after the entry into force of the first free trade […]
Royal Air Maroc launches a new flight Royal Air Morocco continues its expansion in North America. The Moroccan airline has just announced the opening of a new direct line connecting Casablanca to Toronto, starting December 8. This new connection, which will be added to the existing one between Casablanca and Montreal, responds to a growing […]
Holidays in Morocco: the overpriced bill that scares away tourists The Moroccan Federation of Consumer Rights is calling for a fight against unscrupulous traders who offer tourist services at exorbitant prices, forcing many Moroccans to spend their summer holidays abroad. In a statement, the Moroccan Federation of Consumer Rights denounced the greed, scams and fraud […]
TGV Kenitra-Marrakech: France crushes Spanish competition The information that the Spanish public consultancy firm Ineco won the strategic contract for assistance with project management from the ONCF for the extension of the High Speed Line to Marrakech ahead of the French company Egis Rail is inaccurate. The strategic contract for assistance with project management by […]