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Keywords: Economy


Morocco's Tourism Surge: 11.8 Million Visitors Signal Strong Recovery in 2024

Morocco's tourism sector is experiencing a remarkable resurgence, with the country welcoming 11.8 million tourists by the end of August 2024. This impressive figure represents a 16% increase compared to the same period last year, according to data released by the Directorate of Financial Studies......

Morocco's Impressive Leap in Global Innovation Index: A Surprising Turn of Events

In a remarkable development, Morocco has surpassed expectations and made significant strides in the Global Innovation Index (GII), solidifying its position as a rising star in the realm of innovation and creativity. The country's performance has not only caught the attention of industry experts but......

Saham Group's Strategic Move: Acquiring Société Générale Maroc

In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......

Morocco's Economic Outlook: A Balanced Approach to Growth and Resilience

Morocco's economic trajectory is set to navigate a delicate path in the coming year, with the Bank Al-Maghrib (BAM) projecting a modest growth rate of 2.8% for 2024. This forecast, while indicating a slowdown from previous years, reflects a strategic approach to managing economic challenges and positioning......

Morocco's Commitment to a Sustainable Future: A Bold Step Towards Climate Action

In a significant development, Morocco has reaffirmed its dedication to the United Nations' ambitious pact for a sustainable future, sending a powerful message to the international community. The North African nation, under the leadership of Aziz Akhannouch, is taking a proactive approach to combat......

Morocco's Inflation Battle: Consumer Price Index Jumps, Sparking Economic Concerns

Morocco's economic landscape is facing a critical juncture as the country grapples with mounting inflationary pressures. The latest data reveals a significant surge in the Consumer Price Index (CPI), raising alarms about the potential impact on the nation's economic stability. According to official......

Concerns Emerge in Devon Over UK-Morocco Power Project's Impact on Local Tourism and Economy

Residents of Devon, UK, are expressing growing apprehension regarding the implications of a proposed power project in Morocco, which is set to establish a significant energy link between the two nations. This initiative, aimed at bolstering renewable energy resources, has sparked debates about its potential......

Morocco's Pivotal Role in Addressing Global Plastic Pollution

A recent study conducted by researchers from the University of Portsmouth in the United Kingdom has shed light on Morocco's significant contribution to tackling the worldwide issue of plastic pollution. The study, which analyzed data from various sources, including the United Nations Environment......

Morocco's Economic Landscape: Southern Regions Lead in GDP Per Capita, Highlighting National Disparities

Morocco's economic landscape reveals significant regional variations, with five regions surpassing the national average GDP per capita of 36,284 Moroccan dirhams (MAD) in 2022, according to a recent report from the High Commission for Planning (HCP). The southern region of Dakhla-Oued Eddahab stands......

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