Morocco’s Fuel Prices Remain High Despite Global Oil Price Drop
20 June 2024
Morocco remains among the African countries with the highest fuel prices, far from the downward trend observed on international markets.
Economy
Morocco Targets Chinese Tourism Market Ahead of 2030 World Cup
20 June 2024
Morocco is reconquering the Chinese market. Of the 1.32 billion international tourists expected in 2030, the year the kingdom will co-host the 2030 World Cup alongside Spain (…)
Moroccan Real Estate Market Seeks Boost from Expats as Summer Approaches
20 June 2024
Real estate developers are counting on the summer season and Moroccans residing abroad (MREs) to get their market out of its stagnation. The latter are also among the (…)
Israeli Arms Exports Soar, but Morocco Halts Purchases Amid Gaza Conflict
19 June 2024
While Israeli arms sellers have posted record highs for the third consecutive year, exports to Morocco have plummeted.
Morocco Eyes $1.2 Billion Boost from 2030 World Cup Co-Hosting
18 June 2024
Co-hosting the 2030 World Cup with Spain and Portugal will bring huge returns to Morocco. The event will not only enhance the kingdom’s prestige on the international stage, but (…)
Morocco Tightens Real Estate Tax Enforcement with New Sale Requirements
18 June 2024
The tax administration has implemented a new measure to fight tax evasion in real estate.
Moroccan Dirham Gains 0.55% Against Euro, Official Reserves at 369.2 Billion
17 June 2024
The Moroccan dirham appreciated by 0.55% against the euro and depreciated by 0.31% against the US dollar during the week of June 06 to 12, 2024, according to Bank Al Maghrib (BAM).
Morocco Climbs to 31st in Global Tourism Revenue Rankings, UN Report Shows
17 June 2024
According to data from the international agency UN Tourism (formerly the World Tourism Organization), Morocco has gained ten places in the ranking of tourism revenues.
Morocco-Spain Tunnel Project Gains Momentum Ahead of 2030 World Cup
16 June 2024
After 43 years of waiting, the project to build a tunnel under the Strait of Gibraltar connecting Morocco and Spain, as well as Africa and Europe, could materialize before the (…)
Soaring Sheep Prices Force Moroccans to Seek Alternatives for Eid al-Adha Sacrifice
16 June 2024
As the celebration of Eid al-Adha approaches, sheep prices for the sacrifice have reached an unprecedented high in the markets, forcing many Moroccans to find an alternative.