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Comoros President Expresses Gratitude to Morocco for Support in WTO Accession

In a significant diplomatic gesture, Comoros President Azali Assoumani has extended his heartfelt thanks to Morocco for its invaluable support in facilitating Comoros’ accession to the World Trade Organization (WTO). This milestone, achieved in February, marks a pivotal moment in Comoros’......

RAM Expands Reach, Establishes Direct Route Between Casablanca and Nigeria's Capital

Royal Air Maroc (RAM), Morocco's national carrier, has unveiled an ambitious plan to strengthen its ties with Nigeria, Africa's most populous nation. The airline has announced the launch of a direct air link between Casablanca and Abuja, the Nigerian capital, set to commence on June 23, 2024. In......

Morocco Unleashes Its Digital Prowess: Fostering a Gaming Renaissance

In a bold move to cement its position as a rising tech hub, Morocco has unveiled its grand ambitions to catalyze a gaming renaissance within its borders. The country's maiden "Morocco Exhibition for Electronic Games Industry," held in the capital, Rabat, served as a resounding declaration......

ECI Morocco Celebrates Plant Expansion and Decade-Long Journey in the Kingdom

Electrical Components International (ECI) Morocco celebrated two significant milestones on Friday: the expansion of its industrial unit within the Tanger Med Industrial Platform and a decade of operations in the North African nation. The event brought together esteemed figures from the industrial sector,......

Morocco's Fiscal Deficit Narrows Significantly to MAD 1.18 Billion in April

Morocco's fiscal situation has undergone a remarkable turnaround, showcasing substantial improvement as the budget deficit shrinks to a mere MAD 1.18 billion (approximately $113 million) by the end of April 2024. This figure marks a significant decline from the MAD 10.58 billion deficit recorded......

A Thriving Entrepreneurial Landscape: Over 16,000 New Businesses Established by End of February

In a remarkable display of entrepreneurial dynamism, Morocco has witnessed the establishment of 16,171 new businesses across the nation by the end of February. This surge in enterprise creation highlights the country's vibrant economic landscape and the unwavering spirit of its entrepreneurs. According......

Moroccan Diaspora Boosts Economy with $2.7 Billion in Remittances

Morocco's strategic efforts to engage its diaspora have paid off significantly, with $2.7 billion in remittances received by the end of March 2024. Although slightly lower than the same period last year, this substantial inflow underscores the crucial role that Moroccans living abroad play in driving......

Morocco Takes the Wheel as Regional Automotive Powerhouse

In a remarkable success story, Morocco has firmly established itself as a regional leader in the automotive industry, driven by sustained growth and an unwavering commitment to excellence. With more than 250 suppliers and equipment manufacturers, Morocco's automotive ecosystem has proven its resilience,......

Tourism in Morocco Surges with 3.3 Million Arrivals in the first Quarter of 2024

Tourism arrivals in Morocco surged to 3.3 million individuals by the end of the first quarter of 2024, marking a remarkable 12.8% increase compared to the same period a year prior, as reported by the Directorate of Studies and Financial Forecasts (DEPF). "For the beginning of 2024, the key indicators......