20 November 2024
Despite their continuous increase, the transfers of Moroccans residing abroad (MREs) do not contribute to the economic growth of Morocco, reveals a recent government report, (…)
20 November 2024
A recent report from the Al Hayat Center highlights the significant contribution of Moroccans residing abroad (MREs) to the development of their country of origin. However, the (…)
7 November 2024
Moroccan banks present in Europe are facing new challenges with the announced implementation of a European directive aimed at putting an end to the transfer of funds by (…)
5 November 2024
The European Union wants to put an end to the transfer of funds from Moroccans living in Europe to their country of origin through Moroccan banks present on the continent.
2 November 2024
Moroccans residing abroad (MREs) sent 91.52 billion dirhams (MMDH) to Morocco between January and September 2024.
28 September 2024
The European directive on foreign banks operating in the European Union (EU) is worrying Moroccan authorities and banks, who fear a drastic drop in transfers of Moroccans (…)
12 August 2024
Since 2003, Morocco has celebrated August 10th as the National Migrants’ Day. Instituted by King Mohammed VI, it provides an opportunity to highlight the contribution of (…)
28 June 2024
In 2023, remittances from Moroccans living abroad reached $11.8 billion, an increase of 5.2% compared to the previous year. This figure positions Morocco as the second largest (…)
4 February 2024
Moroccans abroad have transferred nearly 115.15 billion dirhams (MMDH) to Morocco as of the end of December 2023, an increase of 4% compared to the same period in 2022 (110.72 (…)
26 December 2023
The latest World Bank report on migration and development indicates that 20% of remittances in the MENA region come from Moroccans living abroad (MRE).