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Moroccan diaspora transfers surpass 9.45 billion dirhams in January

Funds transferred by Moroccans residing abroad (MRE) exceeded 9.45 billion dirhams (MMDH) by the end of January 2025, compared to 9.4 billion dirhams in January 2024, according to the Office des Changes. This represents a 0.5% increase (+44 million dirhams) compared to the same period in 2024, as highlighted......

Aerospace exports surge by 14.2% in January

Aerospace exports in Morocco reached nearly 2.24 billion dirhams (MMDH) by the end of January 2025, marking a 14.2% increase compared to the same period last year, according to the Office des Changes. This growth is attributed to a 16.2% rise in sales in the Assembly segment, totaling 1.42 billion dirhams,......

Morocco’s economy set for 5% growth in 2025 amid rising FDI and tourism boom

Morocco’s economy is forecasted to grow by 5.0% in 2025, up from 3.3% in 2024, despite challenges posed by a weak agricultural sector, according to a report by Fitch Solutions published on February 26. This revised forecast, down from an earlier projection of 5.6%, reflects “emerging signs......

Moroccan Sahara: A Land of Light, Opportunity, and Unity

The Moroccan Sahara is a region in motion, embodying a renewed perspective on Morocco’s identity and future, according to Franco-Swiss academic and author Jean-Marie Heydt. Speaking in Rabat during the launch of his latest book, "Le Sahara marocain: Terre de lumière et d’avenir",......

Tomato prices surge in Casablanca as meat costs stabilize

Tomato prices have soared this week at Casablanca's wholesale market, climbing by 1.30 DH/kg to reach 6.80 DH/kg, compared to 5.50 DH/kg the previous week. Other vegetables have followed a similar upward trend. Onions and courgettes recorded price increases of 0.50 DH/kg and 1.50 DH/kg, respectively,......

Moroccan currency shows slight movement against major currencies

The Moroccan dirham experienced a minor depreciation of 0.2% against both the Euro and US dollar during the period of January 30 to February 5, according to Bank Al-Maghrib (BAM). This modest decline follows a period of exchange rate stability in the previous week. The central bank's weekly bulletin......

Moroccan diaspora's economic impact soars with $11.7 billion in remittances

Remittances from Morocco's diaspora reached MAD 117.7 billion ($11.7 billion) in 2024, marking a 2.1% increase from the previous year's MAD 115.26 billion ($11.4 billion), according to data from the Moroccan Exchange Office. The significant financial inflow maintains Morocco's position as......

Morocco's industrial momentum: Aerospace and automotive sectors drive export growth in 2024

Morocco's aerospace industry demonstrated remarkable performance in 2024, with exports reaching MAD 26.45 billion, marking a 14.9% increase from the previous year. The assembly segment emerged as a key driver, expanding by 23.6% to MAD 17.23 billion, while the Electrical Wiring Interconnection System......

Les Impériales Week 2025: Shaping the future of communication and marketing

Casablanca is alive with energy as it hosts the 8th edition of Les Impériales Week, which began on January 27, 2025. This prestigious event has become a pivotal gathering for professionals in communication, marketing, and media. With this year’s theme, “The Paradigm Shift – Business.......