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 […]
Towards the end of Easyjet flights to Morocco from Toulouse? The announcement by the British airline Easyjet of the closure of its base at Toulouse airport could lead to the end of several connections with Morocco. Several flights to Morocco are under threat with the upcoming closure of its base at Toulouse airport, the airline […]
Watermelons: Morocco loses ground on the European market In the first half of 2024, Moroccan watermelon exports to Europe fell by 50.31% compared to the same period last year. Morocco exported 85,090 tons of watermelons in the first six months of 2024, representing a market share of 13.34%. Compared to the same period last year, […]
Risk of cancellation of flights between Morocco Many flights between Morocco and Canada are at risk of being cancelled due to an imminent strike by Air Canada pilots. In Canada, the threat of an air strike is looming on the horizon and could lead to the cancellation of flights between Montreal and Casablanca. At the […]
Morocco: Diesel has a bright future ahead of it While importers and dealers of new cars welcomed the implementation of the European environmental standard Euro 6, for the approval of new vehicles sold on the Moroccan market, the government of Aziz Akhannouch decided to postpone it. Initially set for January 2025, Morocco’s adoption of the […]
Morocco: towards a lasting drop in fuel prices? Oil prices have been collapsing internationally since March 2023. Will this downward trend have an impact on fuel prices in Morocco? While the barrel of Brent and WTI, global crude oil benchmarks, have respectively fallen by 10% (with a quote at $71.06) and 8% (with a quote […]
French group leaves Morocco after only two years The Moroccan clothing retail sector is doing poorly. Another French ready-to-wear brand has just announced its departure from Morocco. While it initially planned to develop at least ten points of sale, Tape à l’Œil (TAO), the French children’s ready-to-wear brand, has decided to close these stores in […]
Moroccans, time is running out for the declaration of assets abroad The regularization of taxpayers, as well as the declaration of liquid assets held abroad, are coming to an end. These two operations had been launched by the Foreign Exchange Office and the General Directorate of Taxes (DGI). Taxpayers have until December 31, the final […]
Ryanair dominates Royal Air Maroc The Irish low-cost Ryanair has contributed significantly to the significant development of the air transport market between Morocco and Europe, ahead of the national airline Royal Air Maroc (RAM). From 2019 to 2024, the air transport seat capacity between Morocco and Europe increased by 36.3%. A positive result for the […]
Moroccan dirham falls against the euro The Moroccan dirham depreciated by 0.4% against the euro and by 1.1% against the US dollar during the period from August 29 to September 4, 2024, according to Bank Al-Maghrib (BAM). During this period, no auction operations were carried out on the foreign exchange market, the Central Bank said […]