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
The overall electronic payment activity in Morocco showed good achievements at the end of 2021. Indeed, total transactions including cash withdrawal transactions on the network of ATMs, payment transactions with merchants and e-Merchants, payment transactions on ATMs and Cash Advance transactions, by bank cards, Moroccan and foreign, reached 442.2 million operations for a total amount … Read more
Domestic demand grew by 8.3% in the third quarter of 2021 instead of a drop of 6.5% in the same period of 2020. This demand, notes the HCP, thus contributed 8 , 8 points to national economic growth instead of a negative contribution of 7 points. In this context, household final consumption expenditure increased by … Read more