Morocco Expands Dirham’s Trading Range to Boost Economic Resilience
21 October 2019
The easing of the exchange rate regime aims to absorb external shocks, in particular a surge in oil prices, and to strengthen the competitiveness of Morocco.
Competitiveness
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar in September
18 October 2019
For the month of September just passed, the dirham appreciated by 0.06% against the euro and depreciated by 0.92% against the US dollar. This is according to Bank Al Maghrib (BAM).
Morocco Climbs in Global Competitiveness Ranking, Excels in Economic Stability and Security
11 October 2019
Despite its stagnation in the 2019 ranking of the World Economic Forum (WEF), Morocco manages to hold its own by showing a slight improvement. Its financial system and (…)
Morocco Slips in Global Tourism Ranking, but Improves Regionally
9 September 2019
Morocco ranks 66th out of 140 countries, thus falling back one place in the Global Index established by the World Economic Forum (WEF). This is revealed by the 2019 Global (…)
Morocco Implements New Customs Regulations to Streamline Import Process
26 August 2019
The customs services have announced several changes that will come into effect as of October 1, 2019.
Moroccan Universities Absent from Global Top 1,000 Shanghai Ranking
17 August 2019
Morocco is not featured in the Shanghai ranking of the 1,000 best universities in the world. For the 2019 edition, no university in the Kingdom is included in the ranking of (…)
Moroccan Foreign Investments Surge 68% to $444 Million in First Half of Year
10 August 2019
Moroccan investments abroad have increased by 68.1% in the first half, reaching 4.2 billion dirhams (444 million dollars) at the end of June, according to the latest figures (…)
Chinese Guides Flout Moroccan Law, Threaten Local Tourism Industry
6 August 2019
In Morocco, the law only authorizes Moroccans to practice the profession of tourist guide. Unfortunately, it is not respected by several Chinese agencies that practice this (…)
Tanger-Med Port Expansion Challenges Algeciras’ Dominance in Mediterranean Shipping
13 July 2019
Just a few days after its extension, the Port of Tanger-Med stands out as one of the best in the Strait and the Mediterranean, to the point of dethroning its Spanish neighbor (…)
Morocco Ranks 4th in MENA Region for Foreign Investment Attraction
10 July 2019
The major efforts undertaken by Morocco to boost the country’s development have paid off. Indeed, the Kingdom has just been ranked 4th among the countries that attract the most (…)