Keywords: Demand
Morocco’s domestic tourism sector is experiencing a significant boost, with over 30 million overnight stays recorded recently, according to Tourism Minister Fatim-Zahra Ammor. Speaking to Parliament, Ammor described Moroccan tourists as the sector’s “top clients,” emphasizing......
Olive oil, a cornerstone of Moroccan cuisine, has long been valued for its rich flavor and numerous health benefits. For centuries, it has been an essential ingredient in the daily diets of Moroccans, contributing to the distinctive tastes of traditional dishes and offering valuable nutrients. However,......
Morocco's state phosphate company OCP has announced an ambitious MAD 139 billion ($14 billion) investment plan spanning 2025 to 2027, marking a significant expansion of its operations and sustainability initiatives. According to a recent report from the Ministry of Economy, the investment will be......
Morocco's butane gas imports have reached unprecedented levels in early 2024, with the United States emerging as the dominant supplier in this crucial energy market. During the first half of 2024, Morocco imported approximately 1.4 million tons of butane, signaling a significant uptick from the previous......
Morocco's economy faced a challenging landscape in the second quarter of 2024, with growth slowing to 2.4%, down from 2.5% in the same period last year. This slight deceleration masks significant shifts across various sectors, painting a complex picture of the nation's economic health. Primary......
In a strategic move aimed at enhancing the operational efficiency and modernization of Morocco's aviation sector, the National Office of Airports (ONDA) has announced the appointment of new directors for several key airports across the country. This initiative underscores the government's commitment......
In a testament to its adaptability and market prowess, OCP Group, a major player in global phosphate production, has reported a remarkable 15% increase in turnover for the first half of 2024. This impressive growth, reaching MAD 43.25 billion ($4.25 billion), comes despite challenging market conditions,......
The European Union's demand for Moroccan tomatoes has experienced a noticeable dip this season, with imports from the North African nation dropping by 6.8% compared to the previous year. This decline follows a record high in Moroccan tomato imports to the EU in 2022, marking the steepest decline......
Morocco's Banking Sector Faces Heightened Liquidity Needs In a recent report by Morocco's central bank, Bank Al-Maghrib (BAM), July saw a notable rise in liquidity demand within the country's banking sector. The average weekly requirement soared to MAD 125.3 billion, surpassing June's......
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