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Keywords: Morocco


Morocco Invests $80 Million in Post-Earthquake Healthcare Reconstruction

Morocco has launched a comprehensive MAD 800 million ($79.29 million) healthcare reconstruction initiative in the earthquake-affected Al Haouz region, marking a significant step in the country's recovery efforts following the devastating September 2023 earthquake. Health Minister Amine Tahraoui,......

Credit Agricole Morocco Secures $100M Year-End Bond Issue Amid Strategic Transitions

Credit Agricole of Morocco (CAM) has concluded 2024 with a robust MAD 1 billion ($100 million) subordinated bond issuance, signaling strong market confidence in the institution's financial standing. The December 31 operation was strategically structured into two equal tranches of MAD 500 million......

Morocco's Trade Gap Widens to $26.8 Billion Despite Export Growth in Key Sectors

Morocco's international trade performance showed mixed signals through November 2024, as the nation's trade deficit expanded to MAD 275.74 billion ($26.8 billion), marking a 6.5% increase from the previous year's MAD 258.83 billion ($25.1 billion). Trade data from the Exchange Office reveals......

Morocco’s Growing Role in Global Intellectual Property Landscape

Morocco has made remarkable strides in the field of intellectual property, particularly in patents and industrial designs, as revealed by the latest report from the World Intellectual Property Organization (WIPO). The country’s progress is underscored by a significant increase in the number of......

Morocco's Record-Breaking Tax Amnesty Draws $10 Billion in Undeclared Assets

Morocco's latest tax amnesty program has concluded with exceptional results, attracting declarations of MAD 100 billion ($10 billion) in previously undeclared assets. This historic achievement marks a twentyfold increase compared to the 2020 amnesty results, significantly surpassing the government's......

Canadian Mining Firm Achieves Major Silver Production Milestone in Morocco with $50M Growth Plan

Montreal-based Aya Gold & Silver Inc. has marked a significant achievement by reaching commercial production at its expanded Zgounder silver mine in Morocco, while announcing plans for an additional $50 million investment in the country. The company's new processing plant, which began construction......

Melilla Border Crossings Plummet as Morocco Intensifies Migration Controls

The Spanish enclave of Melilla has witnessed its lowest irregular migration numbers in over three decades, recording just 113 arrivals in 2024. This marks a dramatic shift from the previous year's figure of 340 entries, highlighting the effectiveness of enhanced border control measures. The decline......

Morocco Advances Over 10,300 Police Officers in Major 2024 Promotion Initiative

The General Directorate of National Security (DGSN) in Morocco has implemented its largest police promotion initiative to date, advancing 10,393 officers in 2024, including 466 women. This represents a significant increase from the previous year's 7,500 promotions. The initiative saw approximately......

Morocco Boosts Medical Training with 88% Increase in Student Capacity for 2024

Morocco's healthcare system is undergoing significant expansion, with medical faculties set to increase their student capacity by 88% in 2024. The move is part of a broader strategy to strengthen healthcare services and meet the growing demand for skilled medical professionals. The Minister of Health......

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