Fluctuating Producer Price Index in Moroccan Manufacturing Industries

2023-11-02 21:32:05 The producer price index for the “Manufacturing industries excluding oil refining” sector continues to play yo-yo, alternating with the months, increases and decreases, according to figures published by the High Commission for Planning (HCP). After the slight decline of 0.1% observed for the month of August 2023, the public body responsible for the … Read more

Rapid Growth in Capital Raisings in Morocco’s Market: AMMC Reports

2023-11-02 19:40:00 Capital raisings amounted to 63.46 billion dirhams (billion dirhams) at the end of September 2023, compared to 47.62 billion dirhams over the same period a year earlier, according to the Moroccan Capital Market Authority (AMMC). These liftings concern the issues of negotiable debt securities – TCN (57.10 billion dirhams), bond issues (6.3 billion … Read more

Royal Air Maroc: A Global Airline with International Ambitions – Taking Morocco and Africa to new heights

2023-10-29 20:06:41 The national airline Royal Air Maroc (RAM) presented, recently in Madrid, its strategic vision and its new brand positioning, aiming to “write a new page in its history and position itself as a global airline”, with international ambitions by 2037. This new strategic vision, detailed in front of an audience of Spanish partners, … Read more

National Electric Energy Production Grows by 0.7% in 2023, Boosted by Concessional and Renewable Sources

2023-10-29 20:00:44 Electric energy production at the national level increased by 0.7% at the end of the first eight months of 2023, after an increase of 2.9% the previous year, according to the Department of Studies and Financial Forecasts. (DEPF) under the Ministry of Economy and Finance. This progression is attributable to the improvement in … Read more

Israel-Turkey Diplomatic Row: Erdogan Accuses the West of Gaza Massacres and War Crimes

2023-10-29 13:24:32 Israel announced on Saturday the repatriation of its diplomats to Turkey after a diatribe by Turkish President Recep Tayyip Erdogan, who accused the West of being “the main culprit of the massacres in Gaza” and Israel of committing “war crimes”. “The main culprits of the massacres in Gaza are the West. With the … Read more

Discover the New Montreal-Marrakech Air Transat Line: Your Gateway to Moroccan Adventure

2023-10-28 21:00:32 The Moroccan National Tourism Office (ONMT) and Air Transat signed, Wednesday in Montreal, a strategic partnership agreement, the first operational measure of which is the opening of a Montreal-Marrakech line which will be operational from June 2024. Alongside the agreement signed at Air Transat headquarters, a side-event was organized by the ONMT for … Read more

The Compensation Credits Program in PLF-2024: Supporting Essential Consumer Products and Stabilizing Prices

2023-10-28 21:01:12 The compensation credits programmed under the Finance bill for next year (PLF-2024) amount to more than 16.35 billion dirhams (MMDH), according to the compensation report accompanying this project. This allocation is intended to support the prices of butane gas, sugar and soft wheat flour, indicates this report published on the website of the … Read more

CMR’s Investment Plans and Pension System Reform: Insights and Updates

2023-10-28 21:08:56 The Moroccan Pension Fund (CMR) plans an investment of 18 million dirhams (MDH) for 2024, according to the report on public establishments and enterprises (EEP) accompanying the PLF-2024. For 2025, the CMR plans an investment budget of 29 MDH and 25 MDH for 2026, specifies this report published on the website of the … Read more