Keywords: Growth
Morocco's aerospace industry is experiencing a remarkable ascent, with exports reaching $1.3 billion in the first half of 2024. This achievement positions the sector as the country's leading export performer. In an exclusive discussion with Asharq Business, Hamid El Andaloussi, president of......
Morocco is witnessing a significant boost in its economic landscape, fueled by a remarkable increase in foreign direct investment (FDI). Recent data from the Exchange Office under the Ministry of Economy and Finance highlights this upward trajectory. In the first half of the fiscal year, net FDI inflows......
In the first half of 2024, Morocco’s aeronautical sector experienced a significant surge in exports, surpassing MAD 12.97 billion ($1.3 billion), marking a 16.5% increase from the previous year, according to the Office of Foreign Exchange. This remarkable growth is largely attributed to a substantial......
Morocco Emerges as a Key Market for American Agricultural Products The United States has witnessed a substantial surge in its agricultural exports to Morocco, with the total value reaching an impressive $610.17 million in 2023, as reported by the U.S. Department of Agriculture (USDA). Reflecting on......
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......
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......
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......
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......
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......
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