Morocco
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar
The dirham depreciated by 0.7% against the US dollar and appreciated by 0.29% against the euro during the period of December 19 to 24, 2024, according to Bank Al-Maghrib (BAM) .
Section
Morocco
Morocco
Morocco Eyes Chinese L-15 Falcon to Modernize Air Force
The Royal Moroccan Air Force is reportedly about to modernize its air fleet. According to several sources, the Chinese L-15 Falcon aircraft is expected to replace the venerable Alpha Jet, currently in service.
Morocco
Morocco Eases Import Rules for Vehicle Parts for Residents Abroad
The Moroccan Customs Guide for Moroccans Residing Abroad (MRE) specifies the rules for importing spare parts for vehicles.
Morocco
Casablanca Real Estate Market Slumps as Prices and Transactions Fall
The real estate market in Casablanca is showing signs of weakness. A general drop in prices, accompanied by a significant drop in transactions, has been observed in recent months.
Morocco
Morocco Delays Adoption of Euro 6 Emissions Standard for New Vehicles to 2027
Initially set for January 2025, the adoption by Morocco of the European environmental standard Euro 6 for the homologation of new vehicles marketed in the national market will only be effective from January 1, 2027, confirms the Ministry of Transport and Logistics.
Morocco
Moroccan Youth Increasingly Reluctant to Marry Amid Economic Pressures
While Morocco should experience a decrease in its active population and an increase in the aging rate, young people are showing more and more disinterest in marriage and procreation due to the high cost of living. Does the draft reform of the Family Code, whose first proposals have been presented by Abdellatif Ouahbi, the Moroccan Minister of Justice, pose a problem?
Morocco
Ryanair Flight Diverted to Clermont-Ferrand After Failed Landing in Tours
A Ryanair plane operating the Marrakech-Tours route this Saturday, December 28, was diverted to Clermont-Ferrand (Puy-de-Dôme).
Morocco
Morocco's Diaspora Remittances Boost Economy, Rank Among Top in Africa
Thanks to money transfers made by Moroccans residing abroad (MRE), Morocco is among the main recipients of remittances in Africa. Moreover, the kingdom ranks in the global top 20.
Morocco
Morocco Emerges as Top New Year's Destination for Spanish Tourists
Morocco is one of the preferred destinations for Spaniards during this year-end holiday season. This is evidenced by its share in Spanish tourist bookings.
Morocco
Morocco to Raise Minimum Wage by 5% for Private Sector Workers in 2025
In Morocco, private sector employees will see their salaries increase starting January 1, 2025. This salary increase follows the adoption by the Council of Government, meeting on Thursday in Rabat, of draft decree No. 2.24.1122 setting the legal minimum wage for agricultural and non-agricultural activities.
Morocco
Taxi Drivers Arrested After Chaotic Chase of Ride-Share Driver in Rabat
Three taxi drivers chased a VTC driver at the Rabat bus station, causing outrage among Moroccans. These four individuals were arrested and placed in police custody.
Morocco
Moroccan Coastal City Essaouira Poised for Tourism Boom with $230 Million Investment
A Moroccan city could one day make people forget Marrakech, considered the best tourist destination in Morocco.