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Morocco’s Tourism Sector Honored for Remarkable Resurgence and Leadership

RABAT - The inaugural “Morocco Tourism Awards” ceremony recognized top contributors driving impressive growth in the nation’s tourism industry. Held on January 16th at the iconic Fairmont-Sale La Marina hotel, the event spotlighted individuals and organizations instrumental in Morocco’s......

Spanish Hotel Franchises Embrace Morocco's Tourism Surge, Expanding their Presence

In the wake of Morocco's thriving tourism industry, Spanish hotel giants are seizing the opportunity to extend their reach into the North African country, as it emerges as a formidable competitor in the global travel market. The likes of Barceló, Riu, Iberostar, and Meliá, well-established......

High Wages: An Asset for Workers, a Challenge for Businesses?

Morocco boasts the third-highest minimum wage among major EU garment suppliers, presenting both opportunities and challenges for the country's vital textile industry. A recent study from the French think tank Evalliance suggests that Moroccan manufacturers may need to adapt pricing and production......

Morocco Achieves Stability with Over 160,000 New Vehicles Sold in 2023

Despite confronting economic challenges in 2023, Morocco's auto industry demonstrated remarkable resilience by maintaining sales figures comparable to the previous year, as disclosed in data unveiled on Monday by the Association of Vehicle Importers (AIVAM). AIVAM President, Adil Bennani, revealed......

Strengthening Partnerships: Visiting Moroccan Citrus Growers

Morocco plays a pivotal role as a major citrus supplier for the northern hemisphere from December to June. For U.S. importers like Salix Fruits, fostering robust relationships with Moroccan growers is essential. Vince Biasibetti, Executive Sales for Salix Fruits USA, recently undertook a visit to Moroccan......

The Final Act for Moroccan Glassmaker Tolba Verre: Navigating Industry Challenges

The glassmaking industry in Morocco continues to face severe challenges amidst competitive pressures. Following the 2019 collapse of Tangier-based Glassry, a former industry leader backed by Moroccan investors that disintegrated just five years after its highly-publicized launch, another local manufacturer......

French Automakers Drive Growth in Morocco's Thriving Auto Industry

Morocco's automotive industry has experienced significant growth in recent decades, marked by impressive achievements in exports and job creation. Over the past ten years, double-digit average growth in both these key indicators has propelled the sector to an annual revenue exceeding 85 billion dirhams,......

Moroccan Trade Deficit Shrinks: Imports Decline, Exports Hold Steady

Morocco's trade deficit witnessed a substantial reduction during the first 11 months of 2022, decreasing by 21.5 billion Moroccan dirhams (DH) compared to the same period last year, according to the country's Foreign Exchange Office. In the midst of global economic challenges, exports demonstrated......

2023: A Remarkable Year for Morocco's Automotive Industry

In a dazzling display of growth and significant advancements, Morocco's automotive industry has soared to unprecedented heights, marking an exceptional year for the sector. According to the monthly indicators of foreign trade by the Office des Changes, automotive sales witnessed a staggering 30.5%......