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Morocco Unveils DHAP: A Bold Move Towards Affordable Homeownership

On January 2nd, a momentous occasion unfolded as the online registration platform for Morocco's Direct Housing Aid Program (DHAP) was officially inaugurated. This groundbreaking initiative, unveiled by Fatima Zahra El Mansouri, Minister of National Planning, Urbanism, Housing, and City Policy, is......

Morocco Maintains "Medium-Stable" Business Environment Amidst Regional Uncertainty

Amidst the economic and political uncertainties prevalent in the Middle East and North Africa (MENA) region, Morocco stands out as a relatively stable operating environment for international companies, according to a recent risk assessment. In Control Risks' 2023 RiskMap report, Morocco secured......

Morocco's Journey to Energy Independence: A 21% Decrease in Energy Imports

Morocco has achieved a significant milestone on its path to energy independence. The North African nation successfully slashed its energy import bill by more than 21% in the first 11 months of 2023 compared to the previous year, as announced by the Moroccan Office of Exchange on Tuesday. This substantial......

The Road to Glory: Morocco Sets Sights on AFCON Gold

As the Africa Cup of Nations (AFCON) unfolds in Cote d'Ivoire, the Moroccan national team harbors a singular ambition clinching the coveted gold. In an exclusive interview, star midfielder Amine Harit delineates the essential elements required for triumph and meeting the soaring expectations of Morocco's......

Morocco Emerges as a Premier Destination for 2024: CNN Urges Discovery of the Kingdom’s Hidden Treasures

Morocco has achieved a prestigious position among CNN's top 24 must-visit destinations for 2024, alongside other trending locations such as Indonesia, South Korea, Singapore, Chile, and Canada. In a testament to its resilience and determination in the face of recent challenges, Morocco, as one of......

Morocco: An Emerging Force in the Outsourcing Sector

In recent years, the Kingdom of Morocco has emerged as a key player on the global outsourcing stage. Ranked as the second-best destination in Africa and 28th internationally, experiencing a remarkable ascent of 12 positions according to the Global Services Location Index (GSLI) 2023, the country has......

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......

Bumper Avocado Crop in Morocco Comes at a Price

Morocco is poised for a significant boost in its avocado harvest this season, anticipating a nationwide production increase of 2%. However, this abundance is not without its challenges, including smaller fruit sizes and the potential for surpluses that could lead to a decline in prices. During the October-April......

Walid Regragui Secures 9th Spot in IFFHS Ranking: A Testament to Morocco's Football Excellence

Walid Regragui, the National Team Coach of Morocco, has earned the prestigious 9th position in the 2023 rankings by the International Federation of Football History & Statistics (IFFHS). This recognition places him among distinguished football personalities like Lionel Scaloni of Argentina, who claimed......