Tourism Morocco aims for 80m airport capacity by 2030 By Pramod Kumar December 17, 2024, 12:28 PM Reuters/Ludovic Marin The number of airports rose to 25 from 15 in 1999, according to prime minister Aziz Akhannouch Morocco aims to double its passenger capacity from 38 million to nearly 80 million by 2030 in a major expansion of the country’s airports. The move is part of a significant tourism drive as Morocco prepares to co-host the 2030 Fifa World Cup, along with with Spain and Portugal, Morocco World News reported, quoting the prime minister Aziz Akhannouch. The target will be achieved by expanding Casablanca’s Mohammed V International Airport, Marrakech and Agadir. Since 1999, the number of airports has increased from 15 to 25. Last year Morocco received more than 27 million passengers, surpassing pre-pandemic levels. By the end of September, air traffic hit 24.3 million passengers, an annual increase of 20 percent. Morocco’s rail project secures $14bn funding Morocco’s Tanger Med port in $400m new funding Morocco on course for record-breaking tourism year Fatim-Zahra Ammor, Morocco’s minister of tourism, said recently that the country reported a 20 percent year-on-year increase in tourists to the end of November, or close to 16 million visitors. The government has set a target of 17.5 million annual visitors by 2026, rising to 26 million by 2030.
Economy Turkey to get $1bn from World Bank for quake recovery Turkey will receive $1 billion (TL35.43 billion) from the World Bank this year to support the recovery of its earthquake-hit regions, a news report said. The total assistance from the World Bank to Ankara will reach $4 billion since the 2023 earthquakes. The World Bank and the International Finance Corporation work jointly on projects involving […] 4 hours ago
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Finance Bahrain’s Investcorp agrees to buy Italy’s Epipoli Bahrain’s Investcorp has finalised a deal to acquire Epipoli, an Italian alternative payments company. The asset will be purchased from London-headquartered private equity Bregal Milestone and Epipoli founder and CEO Gaetano Giannetto. Giannetto will continue to hold a significant minority stake and lead the company. No terms of the transaction were disclosed. Epipoli owns the […] 2 hours ago
