Home / Finance & Economy (page 3)

Finance & Economy

IKEA opens new store in Morocco

IKEA opened on Tuesday July 28, its second point of sale, to be closer to its customers in Casablanca. After Zenata, it is at the Morocco Mall, on the Casablanca corniche, where IKEA has set down its suitcases. Even though this new outlet is smaller than the first, a statement …

Read More »

EBRD supports small businesses in Morocco

The European Bank for Reconstruction and Development (EBRD) is responding to the impact of the coronavirus pandemic on the Moroccan economy with a US$ 100 million loan to Banque Centrale Populaire (BCP) for on-lending to local private businesses. The loan is the second in the country under the EBRD Solidarity …

Read More »

Morocco could lose 10 million tourists

The impact of the coronavirus health crisis on Moroccan tourism continues. Some studies show that Morocco could lose up to 10 million tourists this year. An unprecedented loss for Moroccan tourism. The summer season is far from being profitable for tourism professionals whose sector has been hard hit by the …

Read More »