MRE Transfers

Moroccan Diaspora Remittances Surge to $11.8 Billion, Boosting National Economy

2 May 2025

Remittances from Moroccans in the diaspora contribute to Morocco’s macroeconomic stability, notes a recent policy brief published by the United Nations Economic Commission for (…)

Moroccan Real Estate Developers Under Investigation for Undeclared Foreign Currency Payments

14 April 2025

Real estate developers are accused of not declaring significant sums received from Moroccans Residing Abroad (MRE) for the purchase of apartments in Morocco.

EU Banking Directive Threatens Remittances to Morocco, Officials Respond

21 March 2025

Concerned about the impact of the European directive regulating the presence of foreign banks on the territory of the European Union (EU) on the flow of remittances from (…)

Moroccan Expatriate Remittances Reach New High of 9.45 Billion Dirhams

5 March 2025

Remittances from Moroccans living abroad (MRE) reached 9.45 billion dirhams at the end of January 2025, up slightly by 0.5% year-on-year, according to data from the Office des (…)

Morocco Struggles to Harness Full Potential of Its Diaspora’s Economic Impact

4 March 2025

Moroccans living abroad (MRE) boost the Moroccan economy through their remittances. However, they are essential levers that are insufficiently used by Morocco due to certain (…)

Remittances to Morocco Hit Record High of 117.7 Billion Dirhams in 2024

3 February 2025

The year 2024 was prosperous for money transfers from Moroccans residing abroad (MRE), according to the latest figures published by the Office des Changes.

EU Plans Crackdown on Moroccan Expat Money Transfers

30 January 2025

Faced with the continuous increase in fund transfers from Moroccans residing abroad (MREs) to Morocco, the European Union is preparing to issue a directive to reduce these (…)

Moroccan Expatriate Remittances Surge to 108.67 Billion Dirhams, Boosting Economy

1 January 2025

Remittances from Moroccans residing abroad (MRE) reached 108.67 billion dirhams (MMDH) at the end of November 2024, marking an increase of 2.8% compared to the same period in (…)

Morocco’s Diaspora Remittances Boost Economy, Rank Among Top in Africa

28 December 2024

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.

EU Proposal Could Disrupt Vital Remittances to Morocco

18 December 2024

Bad news for Moroccans abroad (MRE)! The European Union wants to tighten the screws on money transfers to Morocco. The Moroccan authorities are currently in full discussion (…)