Entries by news

American group Radisson plans to build 14 new hotels in Morocco by 2030

American hotel group Radisson intends to strengthen its presence in Morocco, increasing its portfolio to 25 properties by 2030. “Our priority will be to strengthen our presence in Casablanca and Marrakech,” said Erwan Garnier, Senior Director of Development for Africa at Radisson Hotel Group, in a press release. Radisson currently has 11 hotels in operation […]

Morocco: 5th African country with the most millionaires

Africa is now proving to be a fertile ground for millionaires and billionaires from around the world. According to a recent report “Africa Wealth Report 2024” by Henley & Partners, total investable wealth in Africa currently stands at $2.5 trillion, while its millionaire population is expected to increase by 65% ​​over the next decade. Some […]

Singer GIMS launches into luxury real estate in Marrakech

It is in Marrakech that Gims decided to settle down since 2016. Owner of the villa Dem Dem, a huge property that bears the name of his wife, the Congolese singer now sees things on a (much) bigger scale. According to an article on the specialist website Haute Residence, Gims is preparing to unveil his […]

Morocco-Spain Tunnel: A New Route is Making its Way

News for the titanic project of the Gibraltar Strait tunnel, which is to connect Morocco and Spain. The Spanish government has commissioned the public engineering company Ineco to prepare a new preliminary design for the said tunnel. This document should be delivered by 2026. The final architecture and especially the final route of this major […]

Energy transition: Morocco 65th in the WEF index, 5th in the MENA region

Morocco maintains its leading position among Maghreb countries in the field of energy transition. According to the latest index of the World Economic Forum, the kingdom, 65th in the world ranking, is ranked first, followed by Tunisia which occupies 89th place, then Algeria which points to 91st place. Mauritania and Libya are not included in […]

Real estate financing: MRE trends deciphered by Afdal

L’âge moyen des emprunteurs s’établit à environ 39 ans. Concernant la répartition par sexe, les hommes représentent 64,75 % des emprunteurs, tandis que les femmes comptent pour 35,25 %. Le revenu moyen des demandeurs de prêts est d’environ 49.241,51 dirhams mensuels, tandis que le montant moyen de crédit immobilier sollicité se situe aux alentours de […]

In Marrakech, real estate prices are soaring

The ochre city is facing a catch-up in real estate prices, after a decade of stagnation. According to our sources, some neighborhoods have seen their price per square meter double in two years. The post-Covid recovery of tourism has strongly revitalized the market, as have the prospects of the 2030 World Cup and the LGV. […]