Keywords: Remittances
Morocco recorded a strong increase in remittances from its citizens living abroad during the first half of 2026, underlining the continued importance of the Moroccan diaspora to the country's economy. The latest official figures show that money transfers from Moroccans residing overseas remained......
Bank of Africa has launched its MCM 2026 campaign, an initiative designed to strengthen its support for Moroccans living abroad by providing tailored banking services, investment opportunities, and personalized assistance before, during, and after their visits to Morocco. Built around the slogan "Wherever......
Egypt’s current account deficit widened sharply in the first quarter of the year, more than doubling compared with the same period in 2025, according to data released by the Central Bank of Egypt. The deficit reached $5.1 billion during the January-March quarter, compared with $2.3 billion a year......
Morocco convened one hundred and forty-five members of its diaspora in Tangier for a high level forum focused on investment and engagement. Government officials and senior representatives attended, including ministers and the head of government. The discussions brought together entrepreneurs, investors,......
Remittances from Moroccans living abroad reached MAD 39.98 billion, about $4 billion, by the end of April 2026. The figure marks a 9.8% increase compared with MAD 36.43 billion recorded during the same period in 2025. The rise adds MAD 3.55 billion in additional inflows over one year. It reflects stronger......
Mehdi Tazi, newly appointed president of the General Confederation of Moroccan Enterprises, called for a major shift in how Morocco’s diaspora engages with the national economy during an investment forum in Tangier. He urged a move away from traditional family remittances toward structured productive......
Head of Government Aziz Akhannouch opened the national forum on investment and Moroccans living abroad, held under the high patronage of His Majesty King Mohammed VI. The forum focused on a national strategy to transform diaspora remittances into productive investment that supports growth and job creation. The......
Remittances sent by Moroccans living abroad continued their upward trajectory in the first quarter of 2026, reaching 29.7 billion dirhams by the end of March, compared to 26.62 billion dirhams recorded during the same period in 2025. The figures, published by the Office des Changes, represent an annual......
Al Barid Bank and Taptap Send have established a strategic partnership to enhance international money transfer services to Morocco, offering a fast, secure, and cost-effective solution for the Moroccan diaspora. This collaboration enables Moroccans residing in Europe, North America, Australia, the United......
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