Moroccan Diaspora Remittances Surge 37% to $10 Billion in 2021
1 February 2022
As of the end of December 2021, remittances made by Moroccans living abroad reached nearly 93.3 billion dirhams, compared to 68.18 MMDH a year earlier.
Economy
Morocco Post Scandal: Officials Accused of Embezzling 30% of ’Amana’ Division Revenue
1 February 2022
Senior officials of Barid Al Maghrib and the "Amana" services are at the heart of a financial scandal. In total, 30% of the turnover of the "Amana" division would have been (…)
Chinese Auto Supplier Xinchuang Expands to Morocco’s Tanger Med Zone
1 February 2022
The activity of Tanger Med Zone is gaining momentum again. Three new companies from the automotive sector have just announced their installation.
Morocco’s Fnideq Free Trade Zone Set to Launch Operations in February
1 February 2022
The work for the realization of the first part of the Fnideq free zone is completed and the start of activities is scheduled for this month of February.
Morocco’s Tourism Industry Calls for Expanded Financial Aid as Airspace Reopens
1 February 2022
A few days before the reopening of Moroccan airspace and the resumption of international flights, the National Confederation of Tourism (CNT) is asking that all sectors be (…)
Morocco Allocates $13 Million to Save Bee Populations and Support Beekeepers
1 February 2022
Faced with the worrying situation related to the disappearance of bees experienced by Moroccan beekeepers, the government has decided to come to their rescue. An emergency aid (…)
Morocco’s Foreign Exchange Reserves Rise 6.3% Year-on-Year, Reach 329.1 Billion Dirhams
31 January 2022
As of January 21, Morocco’s net international foreign exchange reserves stood at 329.1 billion dirhams, recording a slight increase of 0.2% from the previous week, according to (…)
Morocco Reopens Airports with Enhanced Health Measures for Tourists
31 January 2022
Following the announcement of the reopening of borders, the National Airports Office (ONDA) has planned a special plan to welcome travelers departing and arriving in Morocco (…)
Morocco Receives Record 610 Million Euro Investment from French Development Agency
31 January 2022
In 2021, the French Development Agency (AFD) invested more than 610 million euros to finance structuring projects, thus confirming its support for the reforms undertaken by the (…)
Morocco Reopens Airspace, Sparking Tourism Revival in Marrakech
31 January 2022
A few days after the announcement of the reopening of the Moroccan airspace, which had been closed since November 29, tourism professionals are mobilizing for the resumption of (…)