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Keywords: Growth
Morocco's tourism sector has achieved a remarkable milestone, reaching 17.4 million visitors by the end of 2024, surpassing its 2026 target two years ahead of schedule. This represents a 20% increase from 2023, adding nearly three million additional tourists. The growth stems from a balanced mix......
The historic Moroccan coastal city of Essaouira has achieved unprecedented tourism success in 2024, welcoming over one million visitors and recording more than three million overnight stays in classified accommodations. Ridouane Khan, President of the Regional Tourism Council (CRT), announced these milestone......
In a significant move to bolster its growing gaming industry, Morocco has partnered with France to introduce an innovative video game development training program. The initiative, dubbed "Video Game Maker," will provide comprehensive training to 40 young Moroccan participants over a nine-month......
Moroccan citizens have demonstrated a remarkable surge in international travel expenditure, reaching MAD 26.7 billion (USD 2.6 billion) by November 2024, surpassing the entire previous year's spending. This significant financial milestone, reported by SNRT News, represents a substantial increase......
In 2024, Morocco has officially surpassed Egypt to become the leading tourist destination in Africa. The country recorded 15.9 million tourist arrivals by the end of November, while Egypt welcomed 15.7 million tourists during the same period. These figures highlight Morocco’s increasing appeal......
In the first ten months of 2024, Morocco's business landscape presents a complex picture of growth and challenges as the nation recorded 78,244 new business registrations, according to recent data from the Moroccan Office of Industrial and Commercial Property (OMPIC). This surge in entrepreneurship,......
Morocco's international trade performance showed mixed signals through November 2024, as the nation's trade deficit expanded to MAD 275.74 billion ($26.8 billion), marking a 6.5% increase from the previous year's MAD 258.83 billion ($25.1 billion). Trade data from the Exchange Office reveals......
Montreal-based Aya Gold & Silver Inc. has marked a significant achievement by reaching commercial production at its expanded Zgounder silver mine in Morocco, while announcing plans for an additional $50 million investment in the country. The company's new processing plant, which began construction......
Morocco's industrial sector demonstrated subtle economic shifts in November 2024, with the Industrial Producer Price Index Excluding Petroleum Refining recording a modest 0.1% increase, according to recent data from the High Commission for Planning (HCP). The food industry emerged as the strongest......
