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Keywords: Growth


Morocco’s Tourism Sector Flourishes with $4.9 Billion Revenue Surge

Forecasts Indicate Continued Growth into the Second Quarter of 2024 Morocco's tourism industry is witnessing a robust upswing, with revenues reaching an impressive MAD 49 billion ($4.9 billion) in the first half of 2024. This figure marks a notable rise from the MAD 47.9 billion ($4.8 billion) recorded......

Morocco's Cannabis Industry Experiences Unprecedented Growth

In an extraordinary shift, Morocco's cannabis industry has seen explosive growth following the government's decision to lift a long-standing ban. The National Agency for the Regulation of Cannabis-Related Activities (ANRAC) has reported a remarkable increase in the number of licenses issued for......

The Enchanting World of Video Games: A Modern Marvel

In the intricate tapestry of contemporary life, video games hold a unique and compelling position. Much like unexpected plot twists in a beloved series, they have evolved from simple diversions into a cultural phenomenon captivating millions. The video game industry, with its monumental market value......

King Mohammed VI's Pan-African Vision: 25 Years of Transformative Engagement

As Morocco marks a quarter-century since King Mohammed VI's ascension to the throne, the monarch's profound impact on Africa takes center stage. The North African kingdom has evolved from a peripheral player to a pivotal force in the continent's economic, political, and cultural landscape......

Morocco's Islamic Finance Sector Expands, Driven by Real Estate Boom

In a significant development for Morocco's financial landscape, Islamic financing, known locally as participative financing, has experienced substantial growth in 2023. According to the latest report from Bank Al-Maghrib (BAM), the central bank of Morocco, the sector reached a total of MAD 21.4 billion......

Morocco's 25-Year Transformation Under King Mohammed VI

In a comprehensive reflection on Morocco's 25-year journey under King Mohammed VI, Spanish newspaper El País paints a vivid picture of transformation and progress. Leading Spanish newspaper *El País* recently published an article commemorating the 25th anniversary of King Mohammed......

Morocco Sets Sights on Robust Economic Expansion

In a bold forecast that has caught the attention of economic analysts, Morocco's Economy and Finance Minister, Nadia Fettah Alaoui, has unveiled an ambitious projection for the nation's economic growth. Speaking at a joint parliamentary session in Rabat, Fettah Alaoui announced that Morocco's......

Maroc Telecom Expands Customer Base Amid Market Challenges and Legal Hurdles

Maroc Telecom, Morocco's foremost telecommunications provider, has reported a significant 5.1% increase in its customer base for the first half of 2024, reaching a total of 78.4 million subscribers. This growth comes despite facing stiff competition and legal challenges in its domestic market. The......

Moroccan Airports See Record Passenger Traffic Surge in First Half of 2024

Over 15 Million Passengers Handled Amidst Significant Growth in Air Travel Morocco's aviation sector is celebrating a milestone as its airports handled over 15.1 million passengers in the first half of 2024, marking a 19% increase compared to the same period in 2023. This unprecedented growth, reported......

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