World Bank Raises Morocco’s 2019 Growth Forecast to 2.9% on Tourism Boost
9 January 2019
The World Bank has just revised its economic growth forecasts upwards for Morocco for the year 2019.
Economy
Air Arabia Maroc Launches Thrice-Weekly Casablanca-Tunis Flights
9 January 2019
The airline Air Arabia Maroc will launch a new route between Casablanca and Tunis starting March 31.
Agadir Sees Surge in French Tourism, 17% Increase in November Visits
8 January 2019
French tourists were again the first foreigners to visit the city of Agadir during the month of November according to data just published by the Regional Tourism Council (CRT) (…)
Morocco’s Energy Sector Boosted by New Gas Discovery in Tendrara Region
8 January 2019
A new gas discovery has just been made in Morocco. This is what the company SDX Energy announced in a press release published on Monday.
Morocco’s Oil Exploration Investments Surge to 1.44 Billion Dirhams in 2018
8 January 2019
The National Office of Hydrocarbons and Mines (ONHYM) has just released its report for the year 2018 with an increase in oil exploration investments.
Self-Employed Workers in Morocco to Benefit from New Tax Cuts and Reduced Penalties
6 January 2019
The Directorate General of Taxes (DGI) has just recalled, in a press release, the provisions of the 2019 Finance Act providing for two new tax measures in favor of (…)
Morocco Ranks 4th Globally in Saffron Production, Cultivating 6.8 Tons Annually
4 January 2019
With a production of 6.8 tons of saffron in 2018 and an area of 1,800 hectares cultivated, Morocco is the fourth largest producer of saffron in the world.
Morocco Sees 15% Surge in Foreign Tourist Arrivals, 8.5% Overall Growth in 2018
3 January 2019
The tourism sector in Morocco continues to be in the green with a strong increase in the number of foreign tourists during the first eleven months of 2018.
Morocco Raises Cigarette Prices, Popular Brands See Up to 4 Dirham Increase
2 January 2019
As provided for in the Finance Act, the price of cigarette packs has increased since yesterday, Tuesday, January 1, 2019.
Moroccan Dirham Edges Up Against Euro and Dollar, Reserves Rise
2 January 2019
The dirham remained virtually stable against the euro during the week of December 20 to 24, according to Bank Al-Maghrib (BAM).