Moroccan Diaspora Remittances Surge 45.7% to $6.8 Billion Despite Global Crisis
2 October 2021
At the end of the first 8 months of 2021, funds transferred by Moroccans residing abroad amounted to 63.7 billion dirhams.
Economy
Morocco’s Anti-Land Spoliation Law Stalls Without Implementation Measures
2 October 2021
Despite its publication in the Official Bulletin on August 26, 2019, Law 31-18 on the registration of powers of attorney and real estate civil companies in dedicated electronic (…)
Wizz Air Expands Winter Routes: New Flights to Marrakech, Stockholm, and Hurghada
2 October 2021
The Hungarian airline Wizz Air is offering three new air links, including one to Morocco, starting in December 2021. These routes are part of its winter program.
Tesla Expands Presence in Morocco with New Charging Stations, Sparking Speculation
2 October 2021
Will the Tesla brand be established in Morocco? This is the question that has been asked in Casablanca for a few days now, following the installation of several electric (…)
Morocco’s Foreign Direct Investment Surges 16.9% in First Eight Months of Year
2 October 2021
The flow of foreign direct investment (FDI) to Morocco recorded a 16.9% increase during the first eight months of the year.
Morocco’s Economy Surges 15.2% in Q2, Led by Agriculture and Industry Growth
1 October 2021
The Moroccan economy continues its recovery that has already begun in recent months. In the second half of this year, growth reached 15.2%. A considerable leap compared to the (…)
Morocco Sees Surge in New Business Registrations Amid Economic Challenges
30 September 2021
The number of companies created in Morocco in the first half of this year stood at 57,661. A revival of entrepreneurship that can be explained by massive job losses. A (…)
Morocco Travel Surge: Brussels Airlines Adds Marrakech Flights to Meet Winter Demand
30 September 2021
After a mixed summer season, Brussels Airlines is seeing an increase in demand for the Morocco destination in the coming months. The airline wants to meet this demand by (…)
Morocco’s Central Bank Signs Cooperation Agreement with Russian Counterpart
30 September 2021
Bank Al-Maghrib (BAM) has just signed a memorandum of understanding with the Bank of Russia (the Central Bank of the Russian Federation), in order to improve and strengthen the (…)
Morocco Sets 2024 Deadline for Cigarettes to Meet International Health Standards
30 September 2021
Cigarettes sold in Morocco will have to comply with international standards as of January 1, 2024. This is the decision of the Customs and Indirect Taxes Administration (ADII). (…)