Morocco attracts foreign investors Morocco is attracting foreign investment more than ever. This is evidenced by the latest report published by the Office des Changes. The net flow of foreign direct investments reached around 19.5 billion dirhams at the end of October 2024, an increase of 61.6% compared to the same period of the previous […]
The dirham falls against the dollar THE Moroccan dirham depreciated by 0.37% against the US dollar and remained almost stable against the euro during the week of November 21 to 27, 2024, according to Bank Al-Maghrib (BAM). During this period, no auction operations were carried out on the foreign exchange market, BAM reports in its […]
Morocco: new competitor for Ikea and Kitea Morocco is preparing to welcome a new furniture giant. Jysk, the Danish chain known for its furniture, bedding and decorative items, is due to arrive in the kingdom soon. From April 2025, Moroccans will be able to find an alternative to Kitea or Ikea and discover the brand’s […]
Air Arabia Maroc launches two new domestic flights The airline Air Arabia Maroc has just announced two new domestic flights from January 9, 2025. The low-cost company is strengthening its presence in Morocco by inaugurating two new lines linking Rabat to Nador and Oujda, following a partnership with the Oriental region, with a view to […]
Morocco falls in the world tourism rankings A twist for the Moroccan tourism ! The latest report from the World Economic Forum reveals a worrying decline in the Kingdom in the tourism and travel development index for the year 2024. Relegated to 82nd place out of 119 countries, Morocco loses twelve places compared to 2019, […]
Moroccans soon to be deprived of IPTV? Piracy of sports television channels via IPTV has become a scourge in Morocco, pushing the Qatari group beIN Sports to take radical measures and resort to justice. Faced with the scale of the phenomenon, beIN Sports decided to attack the main Moroccan telecom operators, accusing them of facilitating […]
Morocco extends sanctions against American PVC The Moroccan Ministry of Industry and Commerce has decided to extend the anti-dumping duties applied to imports of polyvinyl chloride (PVC) from the United States. This decision, announced Wednesday, November 27, follows an investigation which revealed that American PVC was sold at significantly lower prices on the Moroccan market, […]
Morocco draws anti-dumping weapon against Egypt The Moroccan Ministry of Industry and Commerce has decided to crack down on what it considers to be an unfair trade practice on the part of Egypt. After a thorough investigation, he plans to impose an anti-dumping duty of 29.93% on canned tomatoes from the land of the pharaohs. […]
Morocco will legalize cryptocurrency After seven years of total ban, Morocco is preparing to turn around and legalize the use of cryptocurrencies. It is Bank Al Maghrib (BAM) which is leading this change of direction. A bill, currently being adopted, will regulate the use of these digital assets. Abdellatif Jouahri, the governor of the BAM, […]
The Moroccan dirham stable against the euro, but falls against the dollar The Moroccan dirham remained almost stable against the euro and depreciated by 0.61% against the US dollar, during the period from November 14 to 20, according to Bank Al-Maghrib (BAM). During this period, no auction operations were carried out on the foreign exchange […]