Inflation stood at 8.31% in March, remaining at its highest level since March 1983 when it had reached 8.92%, the Belgian statistical office Statbel indicated on Wednesday. In February, inflation was 8.04% and 7.59% in January. Inflation has been pushed up for months by energy prices, whose growth was first driven by the recovery after … Read more
external deficit The bank liquidity deficit eased by -2.69%, settling at -69.0 billion dirhams (MMDH) on a weekly average during the week of March 17 to 23, according to BMCE Capital Global Research (BKGR). “The bank liquidity deficit eased by -2.69%, settling at -69.0 billion dirhams on average weekly at a time when 7-day advances … Read more
While in Tel-Aviv the first Economic Forum between the two countries met, in Morocco, in Aït Melloul, a symposium was held during which the two parties exchanged their experiences in agricultural matters. During its last meeting, Thursday March 17, the government council took note of a draft law relating to the implementation of the economic … Read more
After launching establishments in Casablanca, Rabat and Tangier, the Elbilia Skolar network, one of the education segments of the “Education Development Company” Group, will open its doors at the start of the next school year in the ocher city. This major player in private education in Morocco and parent company of the Elbilia-Léon l’Africain Group, … Read more
The deficit of banks’ foreign exchange position widened to nearly 4,179.8 million dirhams (MDH) on February 14. “The foreign exchange position of the Banks still remains in deficit and is widening from -3,799.9 MDH on February 8 to -4,179.79 MDH on February 14”, indicates BMCE Capital Global Research (BKGR) in its recent note “Fx Derivatives … Read more
Royal Air Morocco Three first flights will be operated this Wednesday, March 2, departing from Bucharest (Romania), Budapest (Hungary) and Warsaw (Poland) to Casablanca at a fixed rate of 750 dirhams including tax. The national airline Royal Air Maroc (RAM) announced on Sunday the establishment of special flights for Moroccans established in Ukraine. “In consultation … Read more
Bricall, the platform for linking individuals and professionals of different specialties, offers, offers a digital solution to find in one click an experienced and available craftsman for an emergency intervention, a maintenance service, a development project or renovation, etc. The platform offers services from 14 trades (plumbers, locksmiths, electricians, aluminum carpenters, etc.). It covers 9 … Read more
• Some 500,000 passenger vehicle ownership changes were made in 2021.• The lack of stock has led to a rise in prices ranging from 10 to 15% • The sector is weighed down by the informal • More than 95% of transactions are carried out between individuals. Never has the used car market experienced disruptions … Read more