Morocco Tourism Soars: 12.3 Million Visitors in 2018, Marrakech and Agadir Lead Growth
11 March 2019
A very good year for Morocco which welcomed some 12.3 million tourists in 2018, a strong increase compared to 2017.
Economy
Morocco to Reintroduce Fuel Price Caps, Targeting Company Profits
11 March 2019
The Moroccan government is making a U-turn and plans to reintroduce price caps on fuel, just a few years after a relative liberalization of the sector.
Morocco Expands Popular ’Al-Atlas’ Train Service to Tangier, Fez, and Oujda Routes
10 March 2019
Faced with the success of the new "Al-Atlas" offer on the line between Casablanca and Marrakech, the ONCF has just announced the implementation of the same offer on the (…)
Oxfam Urges EU to Blacklist Morocco as Tax Haven Amid Reform Concerns
10 March 2019
For its lack of willingness to reform its banking and tax system, Morocco should be included in the European Union’s blacklist of tax havens, according to the non-governmental (…)
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.
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.