
Morocco Sees 61% Surge in Foreign Direct Investment
Morocco is more than ever attracting foreign investment. This is evidenced by the latest report published by the Office of Exchange.

Morocco is more than ever attracting foreign investment. This is evidenced by the latest report published by the Office of Exchange.

The Casablanca city council has decided to harmonize the urban aesthetics of the city and put an end to the disorder related to the occupation of public space. In this sense, it is working on the development of new regulations to standardize the terraces of cafes and restaurants.

A recent report from the Al Hayat Center highlights the significant contribution of Moroccans residing abroad (MREs) to the development of their country of origin. However, the latter continue to face difficulties that limit their initiatives.

In his speech on the occasion of the 49th anniversary of the Green March, King Mohammed VI announced a reform in the management of the affairs of Moroccans residing abroad (MREs), in order to better meet the needs of this community.

The Moroccan company Aerodrive Engineering Services (AES), manufacturer of the first 100% Moroccan military drone, has obtained major funding to accelerate its production.

Since his accession to the throne, King Mohammed VI has translated his desire to place his reign in a perspective of renewal into action. 25 years later, the assessment is amazing: Morocco has been considerably transformed.

Following the directive issued by Bank Al-Maghrib (BAM) on September 25, 2024, which now caps the domestic interchange rate at 0.65%, the Interbank Monetary Center (CMI) has been forced to align itself.

Since 2003, Morocco has celebrated August 10th as the National Migrants’ Day. Instituted by King Mohammed VI, it provides an opportunity to highlight the contribution of Moroccans residing abroad (MREs) to the economic, social and cultural development of the kingdom.

The Ministry of Equipment, Transport, Logistics and Water is working on the implementation of the highway project connecting Beni Mellal to Fès and Meknès, the objective of which is to accelerate the socio-economic and tourism development of central-eastern Morocco.

Slowly but surely, Morocco is taking a big step towards the realization of its ambition to welcome 26 million visitors by 2030, with an intermediate objective of 17.5 million tourists and the creation of 200,000 jobs by 2026.

André Azoulay, sponsor and godfather of Essaouira, believes that the development of the city is lagging behind and that many challenges remain to be met.

Dakhla has managed to establish itself as an essential tourist destination in recent years. Despite the long distance that separates it from the major cities, many Moroccan and foreign tourists prefer this city located at the extreme south of Morocco to the northern regions, and for various reasons.