Marrakech’s Craft Exports Surge 31%, Led by Copper and Wood Products
4 February 2019
Just over 246 million dirhams worth of craft products were exported by the city of Marrakech last year, compared to 187 million in 2017, an increase of 31.25%.
Economy
Moroccan Dirham Strengthens Against Dollar, Weakens vs Euro as Reserves Hold Steady
4 February 2019
During the week of January 24 to 30, 2019, the Moroccan currency appreciated by 0.33% against the US dollar and depreciated by 0.21% against the euro.
Souss-Massa Council Approves $77 Million for Agadir Bypass Highway Project
4 February 2019
New developments for the Agadir bypass highway, whose budget for the first two phases has just been adopted by the Souss-Massa Regional Council.
Moroccan Foreign Travel Spending Surges to 18.9 Billion Dirhams in 2018
1 February 2019
Moroccans spent a lot last year during their trips abroad, according to the latest statistics just published by the Office of Foreign Exchange.
Morocco’s ONHYM Plans $690 Million Investment in Oil and Gas Exploration
26 January 2019
Some 6.6 billion dirhams will be invested between 2019 and 2021 by the National Office of Hydrocarbons and Mines (ONHYM) as part of its various activities.
Morocco Boosts Train Service for Winter Holiday Rush
26 January 2019
The National Railway Office (ONCF) has decided to implement a special system on the occasion of the return from the winter holidays.
Royal Air Maroc Shifts Operations to New Casablanca Airport Terminal
25 January 2019
Starting tomorrow, flights departing from Casablanca by the Moroccan company Royal Air Maroc will leave from Terminal 1, inaugurated last week by King Mohammed VI.
Marrakech Airport Hits 5.2 Million Passenger Milestone, Sees 21% Growth in 2018
24 January 2019
More than 5.2 million passengers transited through Marrakech-Menara airport last year, nearly a million more than in 2017.
Morocco’s Foreign Direct Investment Surges 28.6% to 33.5 Billion Dirhams in 2018
23 January 2019
33.5 billion dirhams. This is the amount of Foreign Direct Investment (FDI) last year in Morocco, the Office of Foreign Exchange has just announced.
Morocco Projected to See 4.4% Wage Increase in 2019, Among Highest in MENA Region
19 January 2019
Moroccans should notice some changes in their pay slips during this year 2019, predicts the Willis Towers Watson firm.