Morocco: watermelon exports in free fall Moroccan exports of watermelons saw a record decline during the first ten months of 2024, reaching only 113,500 tonnes, the lowest level since 2017. Persistent drought and cultivation restrictions in certain regions of the kingdom would explain this decline. . According to EastFruit, Morocco exported only 113,500 tonnes with […]
Banking data for MREs: Morocco negotiates with the OECD Morocco is in talks with the EU with a view to harmonious application of the OECD/G20 treaty on the automatic exchange of banking data for tax purposes. The application of this treaty would have penalized Moroccans living abroad (MRE) who represent nearly 40% of term deposits […]
Achraf Hakimi on his divorce: “It was the most difficult thing” Achraf Hakimi spoke for the first time about his controversial divorce from Spanish actress Hiba Abouk, mother of his two children. The Moroccan defender of Paris Saint-Germain confessed that this separation was “the most difficult thing” he had experienced in his life. After five […]
Soaring coffee prices in Morocco: why your cup costs more While Morocco has increased its imports, coffee prices are on an upward trend due to several factors. Last year, coffee imports reached a volume of 51,191 tonnes, for a value of 2.26 billion dirhams compared to 44,580 tonnes for a value of 1.41 billion dirhams […]
Hakim Ziyech invests in Marrakech Hakim Ziyech plans to make a significant investment in Morocco. The Moroccan international reportedly plans to open a luxury restaurant in Marrakech. Ziyech is preparing to open his restaurant in one of the upscale neighborhoods of the ocher city, media sources report, stressing that the Moroccan striker always wanted to […]
Gibraltar: families demand justice for Mustafa and Mohamed, killed in 2020 The families of Mustafa Dris, 49, and Mohamed Abdeslam Ahmed, 40, two men from Sebta killed in Spanish waters by a Royal Gibraltar Police patrol boat in March 2020, continue to demand justice. A new hearing is scheduled for May 2025. Last April, the […]
Moroccan merchant navy: where is the project? More than fourteen months after its launch, the study relating to the development of the merchant marine fleet is slow to deliver its results. The government is working to make up for this delay. This study is part of the guidelines set out by King Mohammed VI in […]
Royal Air Maroc Cargo extends its network to the American continent Royal Air Maroc Cargo is working to strengthen trade with the American continent. New direct connections linking Casablanca to São Paulo (GRU) and Toronto (YYZ) have been launched in this direction. Royal Air Maroc Cargo is expanding its network. After direct flights to Montreal, […]
Has the Moroccan economy really benefited from the tax amnesty? While the tax amnesty aimed at regularizing undeclared liquid assets resulted in an injection of 60 billion dirhams into the Moroccan banking system, structural challenges linked to bank liquidity persist. “The liquidity amnesty resulted in a notable injection of 60 billion dirhams into the Moroccan […]
Moroccan economy: HCP forecasts for 2025 The High Commission for Planning (HCP) published the main points of the 2025 budget on Wednesday. We learned, among other things, that the kingdom’s economic growth should be 3.8% this year. According to the HCP, Morocco’s Gross Domestic Product (GDP) is expected to grow by 3.8% in 2025. The […]