Moroccan Foreign Investment Surges to 10.9 Billion Dirhams in 2019, Central Bank Reports
6 August 2020
The flow of direct investments by Moroccans abroad (IDME) increased in 2019, according to data published by Bank-Al-Maghrib (BAM).
Economy
Morocco Launches "Health Plan" to Help Businesses Implement COVID-19 Safety Measures
6 August 2020
A "Health Plan" will be launched for the benefit of companies to support them in the implementation of preventive and health measures against Covid-19. The announcement was (…)
Moroccan Household Financial Assets Grow 5.3% to 833 Billion Dirhams in 2019
5 August 2020
The financial assets of Moroccan households increased by 5.3% to reach 833 billion DH at the end of 2019. It experienced a slowdown of 4.5%, a year earlier against 6.5% in (…)
Health Minister: Lab Tests Confirm Contamination in Sidi Harazem Mineral Water
5 August 2020
Khalid Ait Taleb, the Minister of Health, states that the mineral water from "Sidi Harazem", whose production had been suspended, is contaminated. This is revealed by (…)
Morocco Closes 8 Cities as COVID-19 Surge Devastates Tourism Industry
5 August 2020
The sharp rise in cases of contamination leading to the closure of eight cities in Morocco has just killed the hopes of the seaside resorts in the North. They were counting on (…)
Morocco Unveils $12 Billion Economic Stimulus Plan: Investment and Credit Support
5 August 2020
Details on the distribution of the 120 billion dirhams announced during the throne speech are now known. The Minister of Economy and Finance has defined, on Tuesday, the (…)
Morocco Stands Alone as Africa’s Only Investment-Grade Economy, Expert Says
5 August 2020
Morocco is the only "investment grade" country in Africa present on the eurobonds. This is at least what Professor Babacar Sene, director of the Center for Applied Economic (…)
Moroccan Auto Sales Surge 8% in July, Signaling Market Recovery
5 August 2020
After a timid resumption of automotive market activities in early June, sales (PC/LCV) increased by 8.03% in July 2020.
Moroccan Call Centers Embrace Remote Work Amid COVID-19 Crisis
5 August 2020
Moroccan companies, particularly operators in the customer relationship sector, are adapting to the crisis, pending the regulation of remote work by the State.
Moroccan Tech Distributor PC d’Or Faces 60 Million Dirham Debt Crisis
4 August 2020
A new case is shaking the computer and electronic equipment distribution sector. The semi-wholesaler PC d’Or based in Témara owes tens of millions of dirhams to its creditors.