Morocco’s Central Bank Governor Explains Recent Dirham Depreciation
28 September 2022
The Governor of Bank Al Maghrib (BAM), Abdellatif Jouahri, provided clarification on the depreciation of the dirham in recent months.
Economy
Moroccan Expat Remittances Set to Surge, Reaching 100 Billion Dirhams in 2022
28 September 2022
Bank Al-Maghrib (BAM) is convinced that remittances from Moroccans living abroad (MRE) should continue the upward trend that began at the start of the year.
British Mining Firm Secures $6 Million for Moroccan Potash Plant Project
28 September 2022
The British mining company Emmerson is active in the construction of its potash plant in Khemisset, in Morocco. It has just secured significant financing.
Morocco’s Competition Council Urges Fuel Market Reforms Amid Soaring Prices
28 September 2022
Faced with the surge in the prices of inputs and raw materials worldwide, which is negatively impacting the competitive functioning of domestic markets (fuels) in Morocco, the (…)
Transavia Warns of Fare Hikes on Morocco Routes Amid Rising Fuel Costs
27 September 2022
Due to the surge in oil prices, the airline Transavia is not ruling out a possible increase in airfares across its entire network. Trips from and to Morocco will therefore be (…)
Morocco Ranks 79th in Global Financial Secrecy Index, Study Reveals
27 September 2022
Morocco ranks 79th in the 2022 Financial Secrecy Index established by the UK-based NGO Tax Justice Network.
CMA CGM Introduces $400 Peak Season Surcharge on Morocco-Africa Shipping Routes
26 September 2022
The shipping company CMA CGM has announced a new peak season surcharge (PSS) between Morocco and countries like the Democratic Republic of Congo and Angola. This surcharge will (…)
Avocado Prices Plummet in Europe as Moroccan Production Surges
26 September 2022
Due to the ever-increasing increase in production in Morocco, Israel, Spain, avocado prices have fallen on the European avocado market.
Moroccan Dirham Gains Ground Against Euro and Dollar, Reserves at 340.8 Billion
25 September 2022
The Moroccan currency appreciated by 1.16% against the euro and 0.26% against the US dollar, during the period from September 15 to 21, 2022. This is according to the (…)
Royal Air Maroc Ranks 66th in Skytrax’s Top 100 Global Airlines List
25 September 2022
Royal Air Maroc (RAM) is among the top 100 best airlines in the world. This emerges from the latest ranking by the international air transport rating agency, Skytrax.