Record $9.5 Billion in Remittances Expected from Moroccans Abroad in 2021
14 October 2021
Remittances from Moroccans living abroad (MRE) should reach a record of 87 billion dirhams (MMDH) in 2021, an increase of 27.7%.
Exports
Morocco-Israel Business Council to Host Virtual Seminar on Investment Opportunities
13 October 2021
The President of the Morocco-Israel Business Council, Steve O’hana, announced the organization of a meeting on business opportunities in Israel. It will be held on October 28.
Global Cereal Prices Surge 41%, Driving Up Bread Costs in Morocco
12 October 2021
The surge in bread prices in Morocco would be the direct consequence of the global market situation according to FAO experts. Here are some explanations.
Morocco’s Economic Resilience Shines Despite Global Health Crisis
5 October 2021
Despite the health crisis, Morocco has managed to keep all its country risk indicators in the green, thanks to the measures taken by the authorities to support the economy.
Morocco’s Automotive Exports Surge 25.5% to Record $5.2 Billion Through August
2 October 2021
The Moroccan automotive industry has reached a record high in exports. At the end of August, the figures reached 52.25 billion DH, an increase of more than a quarter (+25.5%) (…)
Ceuta Seeks Economic Growth Beyond Moroccan Tourism
26 September 2021
The economic development of Ceuta is a concern for the newspaper El Español-Invertia, which is organizing an Economic Forum from Tuesday, September 28 to Wednesday, September (…)
Citroën’s Moroccan-Made Electric AMI to Launch in UK Market in 2022
25 September 2021
After France, Spain, Italy, Germany, the small Citroën AMI, produced in Morocco, will attack the United Kingdom as of 2022. Several British customers have already expressed (…)
Moroccan Tomato Exporters Boycott Russian Market Amid Trade Tensions
24 September 2021
For this year’s campaign, several Moroccan tomato professionals have excluded the Russian market from exports. To avoid losses, they refused to export their product to this (…)
Moroccan Exporters Embrace Green Shift as EU Carbon Tax Looms
24 September 2021
To promote the decarbonization and green growth of exporting companies, the Moroccan Association of Exporters (ASMEX) has exchanged with its members. The objective: to help (…)
Russia Extends Ban on European Produce, Boosting Moroccan Exports
23 September 2021
Russia has just extended for one year its ban on European fruits and vegetables on its territory imposed since 2014. This measure, which penalizes countries like Spain which (…)