Moroccan Dirham Strengthens Against Dollar and Euro, Central Bank Reports
9 March 2019
A good week for the Moroccan currency, which regained some color last week against the European and American currencies.
Economy
Marrakech Real Estate: Prices Stagnate, Transactions Surge in Latest Quarter
6 March 2019
As every quarter, Bank Al Maghrib and the National Agency for Land Registry, Cadastre and Cartography (ANCFCC) publish the key figures on sales and real estate transactions in (…)
Air Arabia Expands Tangier-Marrakech Flights, Maintains Low-Cost 300 Dirham Fares
5 March 2019
Launched at the end of October at a price of 300 dirhams, the air link between the airports of Tangier and Marrakech will not only be maintained by the airline Air Arabia but (…)
Moroccan Minister Tops Forbes List as Nation’s Wealthiest Billionaire
5 March 2019
As every year, the American magazine Forbes unveils its annual ranking of billionaires, in which two Moroccan billionaires are once again found, including the quasi-immovable (…)
Morocco Real Estate Prices Rise 0.3% Nationwide, Marrakech Sees 0.8% Increase
5 March 2019
In its note on real estate prices in the 4th quarter published a few days ago, Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (…)
Moroccan Remittances Plunge 9.2% in January, Foreign Investment Down 30.4%
5 March 2019
A sharp drop in remittances by Moroccans living abroad was recorded in January, according to figures just released by the Office of Exchange.
Moroccan Dirham Weakens Against Euro, Stable vs Dollar as Central Bank Maintains Reserves
4 March 2019
The Moroccan currency depreciated, during the week of February 21 to 27, by 0.62% against the euro and remained almost stable against the US dollar.
Fuel Prices Surge in Morocco: Diesel Nears 10 Dirhams, Gasoline Tops 10.50
2 March 2019
Bad news for Moroccan motorists since yesterday, Friday, March 1st. Prices of various types of fuel have risen significantly at service stations.
Agadir Real Estate Prices Rise, Bucking National Trend in Morocco
1 March 2019
A drop in real estate prices was noted in the last quarter of 2018 in most Moroccan cities. In Agadir, however, prices have seen a slight increase, particularly for villas and (…)
Tunisia Challenges Morocco’s Notebook Tariffs in WTO Trade Dispute
1 March 2019
The World Trade Organization (WTO) has finally been seized by Tunisia following Morocco’s decision to impose anti-dumping duties on imports of notebooks from Tunisia.