Exchange Office

Moroccan Diaspora Remittances Surge to Record 8 Billion Euros, Boosting Economy

11 December 2021

Moroccans living abroad (MRE), estimated at five million, of whom nearly a fifth are in Spain, have transferred a lot of funds to Morocco during the health crisis. By the end (…)

Moroccan Diaspora Remittances Surge 43% to Nearly 80 Billion Dirhams

4 December 2021

Remittances from Moroccans Living Abroad (MRE) are maintaining good momentum this year. As of the end of October, they reached 79.656 billion DH compared to 55.58 billion DH (…)

Moroccan Expat Remittances Surge 42.5% to 71.88 Billion Dirhams, Boosting Trade Balance

3 November 2021

At the end of last September, money transfers made by Moroccans living abroad (MRE) amounted to 71.88 billion dirhams.

Moroccan Diaspora Remittances Set to Surge 7.6% in 2022, Reaching 75.4 Billion Dirhams

10 October 2021

The increase in remittances from Moroccans living abroad (MRE) recorded this year, despite the health crisis, should continue in 2022. This growth is attributed by experts to (…)

Moroccan Diaspora Remittances Surge 45.7% to $6.8 Billion Despite Global Crisis

2 October 2021

At the end of the first 8 months of 2021, funds transferred by Moroccans residing abroad amounted to 63.7 billion dirhams.

Morocco’s Foreign Direct Investment Surges 16.9% in First Eight Months of Year

2 October 2021

The flow of foreign direct investment (FDI) to Morocco recorded a 16.9% increase during the first eight months of the year.

Morocco’s Exports Surge Despite Pandemic, Boosted by Industrial Initiatives

20 August 2021

Despite the difficulties caused by the Covid-19 pandemic, Moroccan exports have increased significantly this year thanks to the industrial project bank initiative, which has (…)

Moroccan Expatriate Remittances Surge 48% Amid Travel Sector Decline

29 July 2021

During the first half of 2021, remittances from Moroccans residing abroad (MRE) reached more than 44.19 billion dirhams (MMDH), compared to only 29.83 MMDH in the same period (…)

Morocco’s Energy Bill Plummets 34.6% in 2020 Amid Falling Oil Imports

24 July 2021

Morocco’s energy bill has dropped considerably in 2020. This emerges from the annual report on foreign trade for the year 2020, carried out by the Office des Changes.

Morocco’s Maritime Trade Dominates, Atlantic Ports Handle 94% of Shipping

23 July 2021

The most used mode of transport in the kingdom is the maritime mode with 91.4 million tons (MT), or 96.3% of the total exchanges carried out with the rest of the world. This is (…)