Morocco Sees Significant Drop in Fuel Prices as Gasoline and Diesel Costs Decrease
3 May 2023
After a period of stagnation, pump prices are falling again in Morocco as of Thursday, May 4.
Economy
Moroccan Dirham Strengthens Against US Dollar, Hits 3-Month High
3 May 2023
The USD/MAD pair fell by 0.42%. The dirham is thus rising again against the dollar during the week of April 24 to 28. This is what the indicators published by Attijari Global (…)
Air Arabia Renews Partnership with Swissport for Moroccan Airport Services
3 May 2023
In Morocco, the airline Air Arabia has renewed its commercial agreement with Swissport, the Swiss leader in the aeronautical services market.
Royal Air Maroc Restores Direct Flights Between Casablanca and Moscow
3 May 2023
Good news for Moroccans residing in Russia. The national airline Royal Air Maroc (RAM) has resumed the Casablanca - Moscow route, which had been suspended due to the Covid-19 (…)
Morocco Ranks 11th in Top Global Destinations for Middle Eastern Travelers in 2023
1 May 2023
A ranking places Morocco among the 50 global destinations in vogue in 2023 for travelers from the MENA region.
Spain Sees Tourism Surge as Moroccan Travelers Double, Boosting Post-Pandemic Recovery
1 May 2023
The number of travelers between Morocco and Spain more than doubled in 2022. This trend, which continues this year, makes the kingdom a potentially very promising market for (…)
Morocco Retains BB+ Credit Rating as Fitch Cites Economic Resilience
30 April 2023
Fitch Ratings, the American rating agency, has maintained Morocco’s long-term foreign currency debt rating at BB+ with a "stable outlook".
Moroccan Dirham Holds Steady Against Euro, Gains on US Dollar
30 April 2023
The Moroccan currency remained almost stable against the euro and appreciated by 0.84% against the US dollar, during the period from April 20 to 26. This is what the indicators (…)
Morocco Ranks 16th Among Top Emerging Markets for Foreign Investment, Report Finds
29 April 2023
Morocco is emerging as one of the most sought-after destinations for investors, according to the Foreign Direct Investment Confidence Index 2023 (FDICI) report published by the (…)
Moroccan Expat Remittances Surge 16% to $2.7 Billion, Boosting Economy
29 April 2023
According to the Office des Changes, the remittances of Moroccans living abroad (MRE) experienced a significant growth of 16% in March 2023, reaching nearly 27.11 billion (…)