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Keywords: Economic
In 2023, remittances from Moroccan expatriates reached an all-time high of nearly 115.15 billion Moroccan dirhams ($11.5 billion), as reported by the country's Foreign Exchange Office. This figure marks a notable 4% increase compared to the previous year, underscoring the robust economic ties between......
Despite concerted efforts to combat it, the scourge of child marriage continues to afflict Morocco, with a staggering 12,940 instances recorded in 2022 alone, according to recent data. In response to this persistent challenge, the Economic, Social, and Environmental Council (CESE) of Morocco has issued......
The International Finance Corporation (IFC) is making a significant investment in Morocco's economic future, injecting $100 million into Crédit du Maroc to drive small business expansion and facilitate the country's shift towards renewable energy. This financial infusion, equivalent to......
Moroccan Minister of Economy and Finance, Nadia Fettah, held a pivotal meeting on Monday with a high-ranking official from the International Finance Corporation (IFC), emphasizing the importance of bolstering cooperation to support Moroccan companies and propel economic development in the Kingdom. Welcoming......
Veolia Environnement, a prominent French utility company renowned for its expertise in water and waste management, is currently grappling with a significant fine of $10 million (100 million dirhams) imposed by the Competition Council. This body, an integral part of the Moroccan Competition Authority,......
Minister Delegate Mohcine Jazouli recently highlighted Morocco's ascent as a leading regional economic force, showcasing a modern and highly diversified economy. Speaking at a business forum in Barcelona on Monday, Jazouli accentuated Morocco's world-class infrastructure, exemplified by the Tangier......
A prominent Moroccan delegation, led by Minister Mohcine Jazouli, embarked on a captivating investment roadshow to Spain’s Basque region, with the aim of fortifying economic bonds between the two nations. The journey, jointly organized by the Morocco-Spain Economic Council (CEMAES), Catalonia’s......
Morocco and Nigeria are advancing an ambitious project aimed at unlocking economic potential across Western Africa a monumental gas pipeline stretching over 5,700 kilometers along the coastline. In a recent meeting in Rabat, Moroccan Minister of Energy Transition, Leila Benali, and her Nigerian counterpart,......
Morocco witnessed a significant surge in private investment, reaching a total of 100 billion Moroccan dirhams, equivalent to nearly $10 billion, in 2022, as announced by Minister of Investment Mohcine Jazouli on Thursday in Rabat. Although official figures have not yet been released, the minister's......
