The online shopping platform AliExpress, a subsidiary of the Chinese group Alibaba, now offers Moroccan buyers the possibility to pay for their purchases in Moroccan dirhams. An initiative aimed at facilitating payments and further securing transactions.
In addition to Morocco, payment in the national currency is also possible in Egypt, South Africa, Ethiopia and Tanzania. The measure is part of AliExpress’ expansion strategy in Africa, where difficulties in settling purchases hinder the (…)
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AliExpress Expands Local Currency Payment Options in Five African Countries
21 March, by Prince -
Agadir Real Estate: Apartment Prices Stagnate as House Values Rise
20 March, by SaidThe Agadir real estate market presented a mixed picture at the end of 2024, according to the latest official figures. While real estate prices, all types combined, remained generally stable, significant disparities are emerging by category.
Apartments, which represent a significant share of the market, have seen only a very slight price increase of 0.2% between the third and fourth quarters. This quasi-stagnation contrasts with the evolution observed for individual houses. The latter saw (…) -
Marrakech Sees Tourism Surge During Ramadan
20 March, by SylvanusThe Marrakech destination is booming during this Ramadan month, strengthening its position as the "tourist capital" of Morocco.
According to the Secretary General of the National Confederation of Tourism (CNT), Mustapha Amalik, many tourists choose Marrakech as a vacation destination, especially during the holy month of Ramadan, in order to explore its cultural aspects. "Ramadan is an ideal time to innovate through the presentation of a rich and varied tourist product, where hospitality, (…) -
Moroccan Dirham Gains Against Euro, Falls Versus Dollar in Q4 2024
19 March, by SaidThe Moroccan dirham appreciated by 1.39% against the euro and depreciated by 1.49% against the US dollar in the fourth quarter of 2024, according to Bank Al-Maghrib (BAM).
Similarly, compared to the currencies of the main emerging countries, the national currency appreciated by 3.81% against the Brazilian real, by 1.53% against the Turkish lira and depreciated by 1.12% against the Chinese yuan, BAM specifies in its recent report on monetary policy, published at the end of the first (…) -
Morocco Ranks 8th in Top Travel Destinations for 2024, Le Routard Guide Says
19 March, by SylvanusMorocco is ranked 8th in the list of the 10 best destinations to set up your bags, according to the ranking by Le Routard.
Morocco occupies the 8th place in the ranking of the 10 best destinations to set up your bags, established by Le Routard. "In May, nature is more flourishing than ever there! The climate is perfect to go to cities like Fez, Meknes and Marrakech. So let’s go?" advises the site. The platform urges travelers to visit Mandarin Oriental, a modern and elegant resort, (…) -
Luxury Moroccan Villa Near Marrakech Named Among Top Global Vacation Rentals for 2025
18 March, by SylvanusAccording to the ranking of a specialized site, a villa in Morocco is among the best vacation homes of the year 2025.
The Shems Moon villa located in a mountain village a few minutes from Marrakech ranks 13th in the ranking of the 14 best vacation homes of the year 2025, established by the accommodation provider Vrbo. The latter carried out its ranking by taking into account the "exceptional customer reviews" and the "exceptional equipment" of these houses.
"Every year, Vrbo’s Vacation (…) -
Moroccan Oil Exploration Yields Promising Results in Tendrara
18 March, by SylvanusThe oil and gas company Predator Oil & Gas, holder of the onshore oil and gas exploration license in northeastern Morocco, publishes the preliminary results of the drilling work on the MOU-5 well in Tendrara, started on March 3.
Begun on March 3 and completed in just 10 days, the drilling of the MOU-5 well, carried out on the Guercif permit, made it possible to confirm the presence of the Domerian carbonate formation. This formation is a potential hydrocarbon reservoir, which may (…) -
Marrakech Climbs to 11th in Global Food Destination Rankings
18 March, by SylvanusAccording to the ranking of a British magazine, a Moroccan city is among the cities where you eat the best in the world in 2025.
Marrakech ranks 11th in the ranking of the 20 best cities in the world for gastronomy, established by the British magazine Time Out, thus gaining four places compared to the 2024 top. The cuisine of Marrakech is recognized for its aromas, flavors and colors. Any visitor can enjoy tagines, couscous, tanjia, briouates, pastilla, but also and above all the famous (…) -
British Architect Finds New Home and Inspiration in Marrakech’s Medina
17 March, by SylvanusSettled in Morocco for 20 years, a British-born architect is so fond of Marrakech that he has dedicated a book to it entitled "Shadow of Marrakech".
"The climate in Morocco is magnificent, the wine is cheap and there is no underlying racism here, like in the UK," says British-born architect Philip Brebner, who has been running the Riad Porte Royale, a B&B he owns in Marrakech, for 20 years. His first trip to Morocco dates back to 2004. He was accompanying his wife on a business trip, (…) -
Tangier Real Estate Market Shows Growth Despite Economic Uncertainty
17 March, by SaidThe city of Tangier experienced a dynamic end of 2024 on the real estate front. The fourth quarter figures reveal an upward trend, both in terms of prices and the volume of transactions. A market that seems to be holding its own, despite an occasionally uncertain economic context.
The overall real estate price index recorded a 1.7% increase. This increase reflects disparities according to the types of properties. Thus, the residential sector experienced a slight inflation of 0.6%, while (…)