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Société Générale Social Impact Fund: Boosting youth employability in Morocco

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The Société Général Social Impact Fund, Morocco's pioneering social and solidarity mutual fund, has unveiled its second call for projects, emphasizing youth employability and...
Morocco-France air routes among the busiest in the world

Marrakech-Menara airport experiences 28% passenger increase in early 2024

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In the first five months of 2024, Marrakech-Menara International Airport has seen a significant surge in passenger numbers, recording a 28% increase compared to...

Tourism boom in Fès: Major investments and new projects announced

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The prefecture of Fès is experiencing a significant boost in its tourism sector with 28 ongoing projects totaling investments of 1.39 billion dirhams. These...
Argentina challenges French wheat dominance in key African market

Morocco increases wheat imports by 19% to combat harvest shortfall

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Morocco is set to import 7.5 million tons of wheat this year, marking a 19% increase due to a significant 40% decline in its...

Royal Eid Al-Adha ceremony to be held at Hassan II Mosque in Tetouan

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The Ministry of the Royal Household, Protocol, and Chancellery is pleased to announce that His Majesty King Mohammed VI, Amir Al Mouminine, will perform...

His Majesty King Mohammed VI’s Eid Al-Adha messages to islamic leaders

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In celebration of Eid Al-Adha, His Majesty King Mohammed VI, Amir Al-Mouminine, has extended warm greetings and congratulations to his counterparts—Majesties, Excellencies, and Highnesses,...

RADEEMA invests 3 billion dirhams in Marrakech infrastructure over nine years

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The Autonomous Water and Electricity Distribution Authority of Marrakech (RADEEMA) has invested nearly 3 billion dirhams (MMDH) from 2014 to 2023, with over 360...

Dirham strengthens against the dollar, reaching a five-month high

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The Moroccan dirham strengthened against the US dollar, trading at 9.87 compared to 9.95 during the period from June 3 to June 7, marking...

Financial investors expect Bank Al-Maghrib to maintain key interest rate

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Financial investors anticipate that Bank Al-Maghrib (BAM) will keep its key interest rate unchanged during the upcoming monetary policy meeting scheduled for June 25,...
Tax windfall: Morocco’s customs bring in 144.8 billion dirhams

Morocco’s customs controls generate over 4.7 billion dirhams in 2023

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Customs controls on imports have generated additional revenues exceeding 4.7 billion dirhams (MMDH) during the 2023 fiscal year, according to the Administration of Customs...

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