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New Car Sales in Morocco Decrease by 3.09% in March 2024

New car sales in Morocco reached 35,680 units by the end of March 2024, marking a 3.09% decrease compared to the same period in 2023, according to monthly statistics from the Association of Automobile Importers in Morocco (AIVAM). Breaking down the numbers by segment, the registration of new passenger......

Société Générale Launches "Solar Pack" Offer in Africa

In an innovative initiative, Société Générale is spearheading the energy transition in Africa with the launch of its flagship offer, the "Solar Pack." Through this offering, the banking group provides a turnkey solution to businesses and institutions in Africa to......

Ryanair Expands Routes to Morocco: New Bournemouth-Agadir Connection

Ryanair, the low-cost airline, is expanding its connections to Morocco. Starting this Monday, April 1st, it will operate a flight linking Bournemouth (England) to Agadir. This new biweekly service will run every Monday and Thursday. Agadir was announced earlier this year as Ryanair's 19th destination......

Boost in Reservoir Levels Recorded Following Recent Rains in Morocco

The recent rainfall across the Kingdom has significantly bolstered the reservoir levels, with a recorded fill rate of 30.7% as of April 1st, according to the Ministry of Equipment and Water's bulletin on the daily situation of reservoirs in the Kingdom. Notably, six reservoirs are now at full capacity,......

National Economic Growth: Rebound to 4.1% in the Fourth Quarter of 2023

The Moroccan national economy showed a notable improvement in the fourth quarter of 2023, according to data released by the High Commission for Planning (HCP). Economic growth reached 4.1%, marking a significant increase compared to the same period in 2022, when it stood at 0.7%. Driven by domestic......

Sustained Growth: Morocco's Aerospace Exports Rise by 18.7% in 2024

Morocco's aerospace industry continues its trajectory of growth, with exports showing a significant increase in the first two months of 2024. According to data provided by the Office des Changes, the sector's exports reached over 3.89 billion dirhams (MMDH), marking an impressive rise of 18.7%......

Morocco and the United States Finalize Preparations for the 2024 Edition of African Lion

Rabat and Washington are working diligently for the successful organization of the twentieth edition of the African Lion military maneuvers, which will take place in Morocco from May 20 to 31 this year. Several meetings are being held in Agadir between representatives of the Royal Moroccan Armed Forces......

Morocco's Bayt Mal Al Quds Agency Extends Aid to Thousands in Al Quds: A Testament to Unwavering Commitment

In a resounding demonstration of humanitarian solidarity, Morocco's Bayt Mal Al Quds Agency has spearheaded an extensive aid campaign in Al Quds, under the auspices of His Majesty King Mohammed VI, President of the Al Quds Committee. This concerted effort, culminating last Friday, entailed the distribution......

Alarming Revelation: Morocco Lags Behind Neighbors in Global IQ Rankings

In a startling disclosure, a recent study conducted by CEOWORLD magazine has positioned Morocco in a dismal 174th place out of 199 countries in a global evaluation of average intelligence quotient (IQ) scores. With an alarming average IQ of 67.03, Morocco finds itself trailing not only on the global......