Moroccan Fuel Prices Drop Again: Diesel and Gasoline See Significant Decrease
29 December 2018
A year-end gift for Moroccan motorists who will notice this Saturday, December 29, a new drop in fuel prices at service stations.
Economy
Morocco’s Economy Grows 4.6% as GDP Hits 1.06 Trillion Dirhams in 2017
26 December 2018
The gross domestic product (GDP) reached 1,063.3 billion dirhams (MMDH) in 2017, according to the High Commission for Planning (HCP), up 4.6% compared to 2016.
Morocco Proposes Stricter Penalties for Plastic Bag Use in New Draft Law
25 December 2018
The Moroccan government is currently working on a new law to punish more severely the use of plastic bags.
Moroccan Dirham Weakens Against Euro and Dollar, Reserves Drop 5.3%
24 December 2018
During the week of December 13 to 19, the Moroccan currency depreciated by 0.92% against the European currency and by 0.28% against the dollar.
Morocco’s King Launches $164 Million Rabat-Salé Airport Expansion Project
19 December 2018
King Mohammed VI has launched the extension work of the Rabat-Salé airport, with the construction of a new terminal.
Morocco to Digitize Customs Clearance Nationwide, Boosting Trade Efficiency
19 December 2018
The generalization of the dematerialization of the customs clearance circuit will be effective from January 1st next year, indicates the Administration of Customs and Indirect (…)
Tunisia Tourism Minister Touts Southern Landscapes Over Marrakech
19 December 2018
In an interview on Tuesday evening on television, the Tunisian Minister of Tourism was questioned about the "Tunisia" destination, which is struggling to regain the figures (…)
Lacoste Invests $800,000 to Boost Struggling Moroccan Textile Subsidiary
19 December 2018
The Lacoste brand has just injected 8 million dirhams into its Moroccan subsidiary Polex Sport.
Moroccan Expat Remittances Reach 59.65 Billion Dirhams, Slight Dip from Last Year
18 December 2018
Remittances from Moroccans living abroad amounted to 59.65 billion dirhams during the first eleven months of the year, announces the Office of Foreign Exchange.
IMF Approves $3 Billion Credit Line for Morocco to Boost Economic Resilience
18 December 2018
The International Monetary Fund (IMF) has just announced the granting to Morocco of a new Precautionary and Liquidity Line (PLL) of around $3 billion.