Moroccan Dirham Strengthens Against Euro and Dollar as Reserves Reach 278.6 Billion
21 May 2020
The Moroccan dirham appreciated by 0.23% against the euro and 0.89% against the dollar during the period from May 7 to 13.
Economy
Morocco Begins Exporting Reusable Face Masks to European Countries
21 May 2020
Morocco has achieved self-sufficiency with its reusable masks. Since May 10, it has been exporting the surplus to Europe.
Moroccan Exporters Plan Post-Pandemic Recovery Amid Logistics Challenges
20 May 2020
Moroccan exporters are preparing for the post-covid-19 crisis period. They met by videoconference to examine the logistical problems encountered during the coronavirus period.
Morocco’s Central Bank Authorized to Issue New Currency, Government Approves
20 May 2020
Bank Al Maghrib could be required to issue new types of currency. The latest Council of Government has approved a decree to this effect.
Morocco Cracks Down on Factories Violating COVID-19 Safety Measures
20 May 2020
The increase in cases of Covid-19 contamination is due to the non-compliance with safety rules by certain production units, observed the Moroccan Network for the Defense of the (…)
Morocco’s Economy Minister Urges Businesses to Resume Operations After Eid
20 May 2020
The Minister of Economy and Finance, Mohamed Benchaâboun, called on Tuesday, May 19, for companies to resume their activities after Eid El Fitr. He was facing members of the (…)
Morocco’s Commercial Real Estate Sector Shows Resilience Amid COVID-19 Challenges
20 May 2020
In Morocco, the coronavirus has had a negative impact on the real estate sector. However, there is a positive note: the professional segment shows no concern in the medium or (…)
Morocco Boosts Wheat Imports to 3.5 Million Tons, Securing Cereal Stocks Amid Global Market Concerns
20 May 2020
At the end of April 2020, the counter shows 35 million quintals of wheat imported by Morocco. A precaution that is part of the concern to have a safety stock of cereals.
Attijariwafa Bank Europe Offers Free International Transfers Amid Crisis
19 May 2020
Attijariwafa bank Europe has just announced the temporary free access to several remote transfer solutions.
Morocco’s Real Estate Market Plummets: 31% Drop in Sales Amid Price Declines
19 May 2020
Sales in the real estate sector in Morocco fell by 31% in the first quarter of 2020, according to Bank Al Maghrib.