Morocco Aims to Boost Organic Agriculture Exports with New Development Plan
13 December 2021
Morocco intends to position itself in the booming international organic agricultural products market. What is the kingdom’s strategy?
Economy
Central Bank of Morocco Warns of Fraudulent Prize Notification Scam
13 December 2021
Bank Al-Maghrib (BAM) has issued an alert against a fraudulent notification targeting certain customers who are being asked to collect a prize in the form of a check from its (…)
Morocco Extends Flight Ban, Crushing Tourism Industry’s Holiday Hopes
12 December 2021
While they were hoping for the lifting of the decision on the suspension of regular flights to and from Morocco to achieve good sales figures this December, tourism operators (…)
Moroccan Dirham Strengthens Against Euro, Holds Steady vs Dollar
12 December 2021
The Moroccan currency appreciated by 0.34% against the euro and remained almost stable against the US dollar, during the period from December 2 to 8, 2021. This is what the (…)
Morocco Tightens Anti-Money Laundering Rules for Currency Exchange Offices
12 December 2021
The Foreign Exchange Office announced the publication of a new circular on the obligations of exchange offices in terms of vigilance and internal monitoring, in order to (…)
Moroccan Banks Show Resilience During Pandemic, IMF Reports
12 December 2021
Defying some forecasts, Moroccan banks have shown resilience during the Covid-19 pandemic, thanks to the expertise of Bank Al-Maghrib (BAM).
Moroccan Diaspora Remittances Surge to Record 8 Billion Euros, Boosting Economy
11 December 2021
Moroccans living abroad (MRE), estimated at five million, of whom nearly a fifth are in Spain, have transferred a lot of funds to Morocco during the health crisis. By the end (…)
Morocco and Israel to Host Major Tech Innovation Forum in Marrakech
11 December 2021
Morocco and Israel are working to strengthen the partnership between Israeli companies and Moroccan operators. In this sense, it is planned to organize a major business forum (…)
Moroccan Hotel Chain Mogador Up for Sale Amid Tourism Downturn
10 December 2021
In difficulty, the Chaâbi family is considering selling the hotels of its Mogador chain. The good old days are over.
Morocco Extends Flight Ban Until Year’s End, Royal Air Maroc Cancels All Routes
10 December 2021
Following the extension of the suspension of air links by the Moroccan authorities until December 31, the airline Royal Air Maroc (RAM) has canceled all its flights to and from (…)