MRE Transfers

Moroccan Expats See 45% Surge in Property Fraud Complaints, Interior Ministry Reports

24 November 2021

In 2021, Moroccans residing abroad (MREs) filed 290 complaints related to property dispossession in Morocco, compared to 200 complaints recorded last year by the Ministry of (…)

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.

Morocco’s Central Bank to Investigate Record Remittances from Diaspora

14 October 2021

Bank Al-Maghrib (BAM) will set up an ad hoc commission that will be responsible for providing explanations on the spectacular increase in transfers from the Moroccan diaspora (…)

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%.

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.

Moroccan Remittances to Spain Surge 33% Amid Pandemic Border Closures

21 September 2021

Remittances from Moroccans living in Spain increased by 33% between 2019 and 2020, from 766 million to 1.022 billion euros.

Moroccan Diaspora Remittances Surge 46% in 2021, Defying Expert Predictions

16 September 2021

Remittances from Moroccans living abroad (MRE), especially in Europe, increased by 46% at the end of July 2021, thus defying the forecasts of experts in the field who were (…)

Moroccan Expatriates Send Record $1.7 Billion Home in July, Boosting Economy

1 September 2021

Moroccans living abroad (MRE) transferred more than 16 billion dirhams in July, up 45.6% compared to the same period in 2020. This strong increase is surprising in its magnitude.

Moroccan Diaspora Sends Record $7 Billion Home, Bolstering Families and Economy

1 September 2021

Remittances from Moroccans abroad have averaged 62 billion dirhams in recent years. A threshold largely exceeded in 2020, despite the Covid-19 health crisis. Nearly 80% of (…)