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Air Arabia Maroc's Strategic Expansion: Bridging Rabat to 5 European Hubs

Rabat-based low-cost carrier Air Arabia Maroc is set to extend its reach across Europe with the introduction of five new direct routes from Morocco's political capital. Commencing on May 1st, 2024, these newly unveiled routes will link passengers departing from Rabat-Sale Airport to prominent cities......

Royal Air Maroc Aims to Champion African Identity

Royal Air Maroc (RAM), Morocco's national airline, is doubling down on its pledge to embody the essence of African identity and aspiration, according to a company spokesperson. Addressing attendees at the 4th Lagos Biennial's Gala Dinner in Nigeria on Sunday, RAM's regional representative,......

Morocco Aims for 10% Green Share in Central Bank Reserves

In a significant move towards sustainability, Morocco is charting a green course with its central bank spearheading the effort. Abdellatif Jouahri, the governor of Bank Al-Maghrib, Morocco's central bank, announced on Friday the ambitious goal of increasing the allocation of foreign currency reserves......

IFC's $100 Million Investment Fuels Morocco's Economic Growth and Green Transition

The International Finance Corporation (IFC) is making a significant investment in Morocco's economic future, injecting $100 million into Crédit du Maroc to drive small business expansion and facilitate the country's shift towards renewable energy. This financial infusion, equivalent to......

Industrial Renaissance: Moroccan Manufacturing Strengthens in December 2023

In the latest monthly business trend survey by Bank Al-Maghrib (BAM), Morocco's manufacturing sector showcased significant improvements in December 2023. The survey reveals a notable surge in production across most industries, with only the "mechanical and metallurgy" sector experiencing......

Maroc Telecom Appeals $636 Million Antitrust Ruling in Favor of Inwi

Morocco's leading telecommunications company, Maroc Telecom, is set to appeal a significant $636 million antitrust ruling issued on Monday. The ruling mandates compensation to its competitor, Inwi, owned by Wana Corporate, according to multiple sources. The Rabat Commercial Court has directed Maroc......

Addressing Luggage Woes at Casablanca Airport: A Coordinated Effort

Frustrated travelers at Morocco's busiest airport have recently encountered exasperating delays in receiving their checked bags, prompting authorities to collaborate on resolving the luggage delivery issues. In response to a surge in complaints regarding misrouted and lost baggage, the Mohammed......

A Collaborative Venture between LafargeHolcim Maroc and Mohammed VI Polytechnic University

In an ambitious move to diminish the carbon footprint associated with cement production, two major Moroccan industrial players, LafargeHolcim Maroc (LHM) and Mohammed VI Polytechnic University (UM6P), have forged a groundbreaking partnership. The primary objective of this collaboration is to explore......

Abdellatif Jouahri Recognized as Best Central Banker in Africa

Abdellatif Jouahri, the Governor of Bank Al-Maghrib, has been honored as the "Best Central Banker in Africa for 2024" by "The Banker," a London-based financial and international affairs magazine affiliated with "The Financial Times" group. The prestigious "The Banker's......