February 20th, 2019 | 0 commentsMoroccan airports received about 1.861.875 customers in January 2019, making this the highest recorded number of passengers. According to data from the Moroccan Airport Authority (ONDA), Mohammed V International Airport in Casablanca received the highest record of global traffic, approximately 40 percent that includes 783.098 passengers....
February 20th, 2019 | 0 commentsIn April 2018, Moroccans launched a boycott targeting select companies, whose products prices do not meet their purchasing power. Central Danone, a French dairy company, is among the companies that suffered losses due to the boycott. Several months after the boycott, Centrale Danone is still complaining about its losses due to the campaig...
February 20th, 2019 | 0 commentsThe Saudi Ministry of Foreign Affairs tweeted about a meeting convening a Saudi minister and a Moroccan diplomat, suggesting that news about possible tension between the two kingdoms is just a false alert. The Saudi Minister of State for African affairs Ahmed Abdul Aziz Kattan received Moroccan ambassador to Saudi Arabia Mustapha Mansouri...
February 20th, 2019 | 0 commentsMorocco is allegedly planning to purchase its first submarine ship. If purchased, the submarine will be based at the Ksar Sghir navy base in Northern Morocco. The Spanish news outlet El Confidencial Digital has reported that Morocco intends “to buy at least one submarine for the Ksar Sghir base.” The purchase of the submarine is “an old a...
February 6th, 2019 | 0 commentsMorocco’s Tangier Med port exported MAD 139 billion worth of products in 2018, over 50 percent of all Moroccan exports, according to a statement published by Maghreb Arab Press (MAP). According to the statement from the port authority, the volume confirms the port as the leading export site in Morocco and the biggest in Africa. The port p...
February 6th, 2019 | 0 commentsIn order for Morocco to reduce its budget deficit this year, the government plans to privatize its stake in public companies. Although the government adopted several tax reforms for 2019, they will not generate enough revenue to maintain Morocco’s current deficit to GDP ratio. In its recent report about Morocco’s economy, Fitch Solutions,...
February 6th, 2019 | 0 commentsKing Mohammed VI is expected to chair a ministerial council on Wednesday in Marrakech. The meeting will see the adoption of several laws, including amending the law related on obligatory military service. The last ministerial council chaired by King Mohammed VI occured on October 10, 2018, when the 2019 Finance Bill was presented.The King...
February 6th, 2019 | 0 commentsMorocco and Chile are poised to give a more solid foundation to their newfound diplomatic relations by committing to becoming closer on the cultural front. Meeting yesterday with the Chilean ambassador to Rabat, Alex Geiger Soffia, Morocco’s Minister of Culture and Communication Mohamed Laaraj, said that Rabat is grateful for the friendly...
February 3rd, 2019 | 0 commentsMoroccan Government Spokesman Mustapha El Khalfi appeared to discredit the news reported by the Moroccan media a week ago about a planned visit by Israeli Prime Minister Benjamin Netanyahu to Morocco. “I will not respond to rumors,” El Khalfi told a press conference following the weekly Government Council in Rabat on Thursday. Israeli med...
February 3rd, 2019 | 0 commentsThe Ministry of Industry, Trade, and the Digital Economy and the Federation of Mechanical, Metallurgical, and Electrical Industries (FIMME) launched the Mechanical and Metallurgical Industries Ecosystems (IMM) project at the third Industry Morning event in Casablanca on Thursday. Speaking on the occasion, FIMME President Tarek Itri said t...