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Economy


Royal Air Maroc Faces Flight Disruptions Amid Paris-Orly Airport Technical Glitch

Morocco's national carrier, Royal Air Maroc (RAM), announced that eight of its flights were affected by a technical issue at Paris-Orly airport on September 5, 2024. The airline took to social media to inform passengers that the problem was beyond their control. "Several Royal Air Maroc flights......

Morocco's Economic Ascent: Navigating Reforms for Future Growth

Morocco is charting a promising path toward growth and stability, propelled by strategic reforms and key sectors such as automotive and tourism, according to a recent report by Geopolitical Intelligence Services (GIS). These efforts, alongside hosting the 2030 World Cup, are set to enhance Morocco's......

Moroccan Appetite for Delivery Apps Soars: Glovo Reports 40% Summer Surge

The summer of 2024 saw a significant shift in consumer behavior across Morocco, with food delivery app Glovo experiencing a remarkable 40% increase in orders during June, July, and August. This surge highlights the growing preference for home delivery services in the North African nation, driven by a......

US-Morocco Free Trade Agreement: 20 Years On, Economic Gains Fall Short of Expectations

Two decades after the United States and Morocco inked their Free Trade Agreement (FTA), the economic landscape presents a mixed picture. While bilateral trade has surged from $1.3 billion in 2006 to $5.5 billion in 2023, the anticipated economic windfall for Morocco remains elusive, according to a recent......

Morocco's Inflation Stabilizes Amidst Economic Headwinds

Despite the challenges, the report noted that the risks of runaway inflation have diminished, with Morocco maintaining a relatively stable economy compared to other countries facing similar pressures. Morocco has managed to avoid a wage-price spiral despite the persistent inflationary pressures in 2023,......

Morocco's Economic Landscape: Southern Regions Lead in GDP Per Capita, Highlighting National Disparities

Morocco's economic landscape reveals significant regional variations, with five regions surpassing the national average GDP per capita of 36,284 Moroccan dirhams (MAD) in 2022, according to a recent report from the High Commission for Planning (HCP). The southern region of Dakhla-Oued Eddahab stands......

Moroccan Magic Returns: EPCOT's Hidden Gem Awakens for Food and Wine Festival

The enchanting aromas of Moroccan cuisine once again waft through EPCOT's World Showcase as a beloved dining destination makes an unexpected comeback. Restaurant Marrakesh, long dormant since the 2020 pandemic, has temporarily reopened its ornate doors to welcome visitors during the park's popular......

Economic Imbalance: Morocco's Wealth Concentrated in Key Regions

Morocco's economic landscape in 2022 revealed stark regional disparities, with nearly 60% of the nation's wealth concentrated in just three regions, according to data released by the High Commission for Planning (HCP). This concentration highlights the challenges of balanced economic development......

Morocco's Railway Renaissance: ONCF Reports Surge in Passenger Numbers and Revenue

Morocco's National Railway Office (ONCF) has announced a significant boost in passenger traffic and revenue for the first half of 2024, marking a notable upswing in the country's rail transportation sector. The state-owned railway operator reported a 7% increase in passenger numbers, with 26.4......

Morocco Strengthens Indonesian Ties at IAF Forum 2024: A Commitment to Bilateral Growth

Indonesia-Morocco relations have been steadily strengthening since 2013 when the two nations established a joint commission to enhance cooperation in investment, tourism, trade, and human resources. This bilateral commitment was further solidified at the second Indonesia-Africa Forum (IAF) held in Bali......

Morocco's Air Traffic Soars: Record 18.1 Million Passengers by July 2024

Morocco's air transport sector has achieved a significant milestone, welcoming a record 18.1 million passengers in the first seven months of 2024, according to the Directorate of Studies and Financial Forecasts (DEPF) under the Ministry of Economy and Finance. This marks an impressive 18.5% increase......

Morocco-Nigeria Pipeline Project Progresses Swiftly, Enhancing Africa's Energy Infrastructure

The African Atlantic Pipeline project, a groundbreaking initiative connecting Nigeria and Morocco, is advancing "extremely favorably," according to Amina Benkhadra, Director General of Morocco’s National Office of Hydrocarbons and Mining (ONHYM). This ambitious endeavor aims to bolster......

World Bank Strengthens Maghreb Ties: New Regional Director Takes Helm in Morocco

The World Bank has reinforced its commitment to fostering economic growth and development in the Maghreb region with the appointment of Ahmadou Moustapha Ndiaye as the new Regional Director for the Maghreb and Malta. This strategic move signals an intensified focus on supporting economic reforms and......