Morocco
Morocco's Travel Industry Rebounds as Bookings Surge Post-Pandemic
After two years of disruption due to the Covid-19 crisis, Moroccan travel agencies are smiling again, as travel bookings are exploding.
Topic
Revenue
Morocco
OCP Group Reports 77% Revenue Surge in Q1 2022 Amid Global Fertilizer Price Spike
The good performance recorded at the end of 2021 for OCP continues. The group announces revenues of 25.32 billion dirhams in the first quarter of the year, compared to 14.28 billion dirhams achieved in the same period last year, an all-time high of 77%.
Spain
Spanish Bus Operator Alsa Sees 21% Revenue Surge in Morocco, Driven by Record Ridership
The Spanish transport company Alsa recorded a 21% growth in its turnover in Morocco during the first three months of 2022.
Morocco
Tanger Med Port Complex Breaks Records with 8.1 Million Container Throughput
At the end of 2021, the Tanger Med group, which manages the Tanger Med port complex, posted a gross turnover of 8.044 billion dirhams, a strong increase.
Morocco
Morocco's Auto Sales Slump Continues: 6% Drop in First Quarter
The slowdown observed at the beginning of the year in car sales continues. At the end of March, sales stood at 41,399 units, down 6.26% compared to the same period last year.
Morocco
Moroccan Phosphate Giant OCP Reports 380% Profit Surge to $1.7 Billion
At the end of 2021, the accounts of the OCP group generated a record profit of 16.3 billion dirhams (MMDH), compared to only 3.4 billion dirhams a year earlier.
Morocco
Balearia Shipping Expects Boost as Morocco Travel Links Resume
The shipping company Balearia recorded 103 million euros in turnover in 2021, its chairman Adolfo Utor said on Thursday during the presentation of the company’s activity report for the past year. With the announced resumption of passenger maritime traffic with Morocco, he expects better results in 2022.
Morocco
Morocco's New Car Sales Drop 4.35% in Early 2024, Auto Industry Faces Headwinds
The new car market in Morocco has slowed down at the beginning of this year. As of the end of February, sales recorded a 4.35% decline compared to the same period last year.
Morocco
Morocco's Hotel Industry Set for 6.4% Annual Growth, Forecasts $1.87 Billion Revenue by 2026
The hotel market in Morocco should experience a 6.40% annual growth, achieving a turnover of $1.87 billion during the 2021-2026 period, according to a recent study by the Technavio firm.
Morocco
Morocco's Highway Authority Targets 3.2 Billion Dirham Revenue, Expands Major Road Projects
The National Motorway Company of Morocco (ADM) plans a turnover of 3.2 billion dirhams (MMDH) this year and hopes to reach 1.9 million Jawaz subscribers. Major projects will also be continued.
Morocco
Moroccan Real Estate Giant Alliances Unveils 8 Billion Dirham Growth Plan Through 2025
After a successful restructuring plan and a flourishing year 2021, the real estate group Alliances has unveiled its business plan for the 2022-2025 period.
Morocco
Morocco's Tourism Industry Faces Billion-Dollar Losses Amid Pandemic and Management Concerns
The tourism sector has collapsed due to the effects of the persistence of the health crisis . But some professionals have also questioned the management by the authorities, a source of the regression of the sector in Morocco.