Morocco’s New Car Sales Plummet 10.56% in Early 2023, Industry Data Shows
3 March 2023
The upturn in new car sales is not for tomorrow. These sales fell by 10.56% at the end of February 2023 compared to the same period in 2022.
Competitiveness
Moroccan Citrus Industry Seeks Emergency Aid Amid Soaring Export Costs
27 October 2021
Moroccan citrus fruit professionals are asking for transport assistance to maintain their presence in nearby markets as well as a rescue plan for the sector.
Moroccan Business Group Proposes Tax Reforms in 2022 Finance Bill
13 October 2021
The Moroccan employers’ association has just presented its recommendations as part of the 2022 finance bill, currently under examination in parliament.
Casablanca Tops African Financial Centers in Global Ranking
27 September 2021
Casablanca once again confirms its supremacy as a competitive financial center both at the African and international levels. Casa Finance City tops the financial ranking of the (…)
Moroccan Students to Compete in Global Social Entrepreneurship Contest with Sustainable Projects
13 September 2021
Morocco will be represented this year at the largest student social entrepreneurship competition by the Enactus team of the National School of Applied Sciences (ENSA) of (…)
Morocco’s Car Sales Surge 13.8% in 2023, Dacia Leads Market
4 September 2021
New car sales in Morocco have withstood the health crisis. Over the first eight months of the year, an increase of 13.81% was recorded for a total of 118,382 units sold.
Morocco’s Automotive Exports Surge 61% in First Half of 2021, Outpacing Import Growth
30 July 2021
Automotive exports stood at 152.88 million dirhams (MDH) in the first six months of 2021, up 61.1% compared to the end of June 2020. At the same time, imports are also up 19.5%.
Morocco Approves $970 Million in New Investments, Creating 8,000 Jobs
23 July 2021
23 projects of investment conventions and addenda to investment conventions, for a total amount of 9.74 billion Dirhams (MMDH), were examined and approved on Friday by the (…)
Morocco’s Foreign Exchange Reserves Surge 290% Since 2002, Hitting 320 Billion Dirhams in 2020
13 July 2021
The economic dynamism recorded in recent years has had a clear impact on Morocco’s foreign exchange reserves. They have improved significantly over the 2017-2021 period, (…)
Tanger Med Port Sees 25% Growth, Climbs Global Rankings Despite Pandemic
7 July 2021
Port activity at Tanger Med continues on its good momentum. Ranked in February 2021 among the 25 largest ports in the world, the port complex is trying to gain a few more (…)