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Keywords: Morocco


Wholesale Trade Activity Maintains Steady Rhythm in Q1

The wholesale trade sector demonstrated overall stability during the first quarter (Q1), according to the latest figures from a survey conducted by the High Commission for Planning (HCP). Forty-seven percent of business leaders reported steady sales in the domestic market, while 29% experienced a decline. This......

Daily Press Review - June 13, 2024

Omar Hilale at the UN: Algeria Must Recognize the Failure of Its Separatist Project in the Sahara During the regular session of the UN's Committee of 24 (C24), Morocco's ambassador to the United Nations, Omar Hilale, emphasized on Tuesday in New York that Algeria, the main party in the regional......

Spain Greenlights Mutual Driving License Recognition with Morocco

Spain has taken a significant step to ease the process for Moroccan professional drivers to validate their licenses, removing the necessity for prior theoretical tests. This move marks an important milestone in the collaborative efforts between the two nations in the realms of traffic and transportation. According......

Navigating Morocco's Housing Sector: Pricing Paradox Amid Transaction Downturn

In a curious twist of fate, Morocco's real estate market encountered a puzzling dynamic in the first quarter of 2024. While property prices showed a modest upward trend, the volume of transactions sharply declined, casting a perplexing shadow over the sector's dynamics. Data released by Bank......

Morocco's Tourism Booms, Welcoming Record-Breaking Visitors

Morocco's deserts are witnessing a surge in footprints as the country's tourism industry revels in extraordinary growth. According to the latest data from the Ministry of Tourism, over 5.9 million visitors have graced Morocco's shores by May 2024, marking a staggering 15% increase compared......

Morocco Welcomes UN Ceasefire Resolution for Gaza, Urges Immediate Action

Despite the resolution’s passage, doubts linger about Israel’s adherence to the ceasefire terms. In a significant diplomatic development, Morocco’s Minister of Foreign Affairs, Nasser Bourita, announced today that the Kingdom welcomes the United Nations Security Council’s recent......

Slovenia Echoes Growing International Support for Morocco's Autonomy Plan

RABAT, Morocco - Slovenia has become the 16th European Union country to endorse Morocco’s Autonomy Plan for Sahara, joining a growing chorus of international support that includes over 100 United Nations member countries.  In a joint statement issued after her meeting with Moroccan Foreign......

Growing Economic Ties: 850 Moroccan Companies Thrive in the UAE

Dubai's investments in Morocco have surged to an impressive $2.1 billion over the past decade, signaling a robust deepening of bilateral trade relations. As of the first quarter of 2024, the Dubai Chamber has registered approximately 850 Moroccan companies, with 99 new members joining in just the......

Chariot Advances Key Energy Projects in Morocco and Africa, Eyes Near-Term Cash Flows

In a year marked by significant strides in energy development, Chariot, an Africa-focused transitional energy company, has reported impressive advancements across its gas, renewables, and green hydrogen projects, particularly in Morocco. The company's audited final results for 2023 highlight a series......

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