Cyberattack Hits Moroccan Import-Export Firms, Data Breach Suspected
11 February 2022
Hackers used malware to access the database of several Moroccan companies specializing in import-export.
Economy
IMF Reports Strong Recovery of Moroccan Economy Post-Pandemic
11 February 2022
Heavily impacted by the health crisis, the Moroccan economy has been recovering since last year, with good forecasts, according to the International Monetary Fund (IMF).
Tanger Med Port Goes Paperless: Digital Transit Mandatory from February 15
11 February 2022
As of February 15th, port passage will become fully digitalized and mandatory at the Tanger Med port.
COVID-19 Impact: 28% of Moroccan Businesses Halted Operations in 2021
11 February 2022
In 2021, the health crisis strongly impacted the activity of companies in Morocco. 28% of them stopped their activity for an average duration of 143 days and more than half (…)
Moroccan Craft Exports Surge 50% in 2021, Reaching 893 Million Dirhams
11 February 2022
Strongly shaken by the health crisis, the crafts sector experienced a strong rebound in activity in 2021, achieving an export turnover of more than 893 MDH, an increase of 50% (…)
Morocco Travel Surge: Transavia Sees 900% Spike in Bookings After Border Reopening
10 February 2022
Three days after the reopening of national air borders, the low-cost airline Transavia is experiencing a resurgence of activity, resulting in an explosion of bookings to (…)
Morocco Secures $5 Billion in Development Funding from Arab Fund Since 1974
10 February 2022
Between 1974 and 2020, the Arab Fund for Economic and Social Development (AFESD) has mobilized an amount of $5 billion for Morocco, making the kingdom its second largest client (…)
Morocco Introduces Drone Technology to Enhance Power Grid Monitoring
10 February 2022
The National Office of Electricity and Drinking Water (ONEE) will soon be equipped with an automated inspection platform for electricity transmission lines, based on the use of (…)
EU Pledges €1.6 Billion to Support Morocco’s Green and Digital Transitions
9 February 2022
The President of the European Commission, Ursula von der Leyen, announced on Wednesday that the European Union will invest €1.6 billion to support Morocco’s efforts in its (…)
Moroccan Opposition Calls for Government Action as Fuel Prices Soar
9 February 2022
Faced with the increase in fuel prices observed in recent weeks, the Party of Progress and Socialism (PPS) is urging the government to take measures to mitigate the effects on (…)