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Keywords: Revenue


Tanger Med Port on Course for Unprecedented Traffic Surge in 2024

Morocco's premier port defies global disruptions, sets sights on new milestones. In a year marked by global supply chain turbulence and security concerns, Morocco's Tanger Med Port is not just weathering the storm but thriving. The port is set to exceed its nominal processing capacity of nine......

Moroccan Pepper Dominance: Second Largest Supplier to EU in Q1 2024

In a remarkable display of agricultural prowess, Morocco has solidified its position as the second-largest supplier of peppers to the European Union (EU) market during the first quarter of 2024. According to the specialized website Hortoinfo, which based its analysis on data from the statistical service......

Colombia Faces Unprecedented Tax Revenue Plunge, Necessitating Drastic Spending Cuts

Colombia finds itself in an unprecedented predicament with a historic decline in tax revenue collection, potentially forcing the government to implement significant spending cuts this year. This concerning revelation emerged on Friday from the Autonomous Committee for Fiscal Rules (Carf), a public entity......

Maroc Telecom marked a revenue growth by 1.2 %

Maroc Telecom reported a consolidated revenue of 9.1 billion dirhams by the end of March 2024, marking a 1.2% increase. This growth is primarily attributed to rising international revenues, which partially mitigated the decline in revenues within Morocco. The positive operational and financial outcomes......

Saad Lamjarred Accuses YouTube of Manipulating Views and Denying Revenue Amidst Legal Woes

In a recent Instagram post, Moroccan pop star Saad Lamjarred accused YouTube of manipulating the view counts on his music videos and withholding his earnings. These accusations come amid Lamjarred's ongoing legal troubles and tarnished reputation. Lamjarred, a well-known figure in the Arab pop music......

Taylor Swift Joins Billionaires Club with Record-Breaking Fortune

Adding yet another milestone to her illustrious career, Taylor Swift has officially entered the ranks of billionaires, according to Forbes' World's Billionaires List released this week. Swift's estimated fortune of $1.1 billion this year places her among the wealthiest individuals globally,......

Tourism in Morocco Sees a Slight Decrease in Revenue

Tourism revenue in Morocco amounted to 14.87 billion dirhams at the end of February 2024, compared to 15.94 billion dirhams in the same period of 2023, according to the Office of Changes, representing a decrease of -6.7%. On the other hand, tourism expenditures in the first two months of 2024 amounted......

Moroccan Customs Achieve Marginal Gains in 2023 Despite Revenue Fluctuations

In the realm of Moroccan customs, 2023 marked a year of modest progress, with recent data revealing a slight uptick in overall revenues amidst fluctuating streams of income. Despite facing some ups and downs, the total net customs revenues for 2023 reached 84.49 billion dirhams ($8.3 billion), showcasing......

Morocco's Tourism Industry Soars to New Heights, Raking in Record $10.5 Billion in Revenue

In a remarkable feat, Morocco's tourism sector surged to unprecedented heights in 2023, boasting a staggering $10.5 billion in revenue, according to recently released data. This figure, which represents a notable 12% increase compared to pre-pandemic levels in 2019, underscores the industry's......

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